BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General M...
Tag: Logistical and moving services
Layoffs loom on the horizon, some economists say
From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently...
Volvo starts series production of heavy-duty electric trucks
This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its president...
U.S. freight rates have peaked, another signal inflation is easing
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. David Paul Morris | Bloomberg | Getty Images U.S. freight rates increased 28% year over year, but ...
The other reason why food prices are rising
The United Nations’ worst-case scenario calculation is that global food prices will rise by an additional 8.5% by 2027. More expensive fertilizers are contributed to those higher costs, with som...
Why ‘free’ shipping isn’t free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...