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What’s the Data Behind Private Aviation’s Return to Normality?

BitLux CEO Kyle Patel recaps what the data is showing today as the industry prepares for the upcoming months regarding flight activity, demand, and availability. After the global pandemic prompted a dramatic increase in demand for private jet travel, the industry is now experiencing a healthier level of activity which is expected to yield a …

UPS and Teamsters Union Announce Tentative Agreement to Avert Strike

The Teamsters on Tuesday reached the most historic tentative agreement in UPS history, protecting and rewarding more than 340,000 UPS Teamsters. The highly lucrative contract raises wages for all UPS Teamsters, creates more full-time jobs, and includes a wide range of benefits for UPS employees. The UPS Teamsters National Negotiating Committee unanimously endorsed the five-year …

 May 2023 Sees Astonishing $922M Increase in U.S. Import of Locks and Keys

U.S. Lock And Key Imports In May 2023, purchases abroad of padlocks, locks and keys of base metal increased by 7.4% to 127K tons, rising for the second consecutive month after two months of decline. In general, imports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in April …

U.S. Travel Agency Air Ticket Sales Top $8 Billion in June

Total sales for the first six months of 2023 were 27% higher than the first six months of 2022 and down 0.3% compared to 2019. Total passenger trips were up 11% over the same period compared to 2022 and down 12% compared to 2019. International travel saw the biggest improvement from January to June 2023, …

Exposed: The Truth Behind On-time Delivery

How is the world adapting to the use of technology to get its order delivered? The use of online platforms to get orders delivered has seen a drastic rise. As per reports from McKinsey, the global market has doubled its share following the pandemic. Showcasing a growth of over 8%; user-friendly apps, and enhanced tracking …

Managing the Costs of Global Freight + Logistics: Ten Working & Salient Solutions – Tried, Tested and Proven!

Freight is a critical component of landed cost for both importers and exporters. It can become a serious expenditure, impacting margins and profitability. The Pandemic impacted every aspect of the global freight market. This included all areas of the world, all products, all trade lanes and all modes of transit. As an example, ocean freight …

Market Study On Freight Management Systems: Driving Efficiency and Streamlining Logistics Operations

Research Nester, is thrilled to reveal the insights of the expanding Freight Management Systems (FMS) market, anticipated to grow at 10.69% CAGR from 2022 to 2031. This sector is witnessing progress, fueled by the demand for improved operational effectiveness, cost reduction, and instant visibility, in the worldwide logistics industry. In today’s world, where the global …

Growing Construction Industry Fuels Dump Truck Rental Services Demand

The global dump truck rental market is estimated at US$ 6.7 billion in 2023 and is expected to expand at a CAGR of 3.8% during the forecast years of 2023-2033. The demand for dump trucks is growing due to rapid urbanization, infrastructure development, increased mining activities, growth in the agriculture sector, and a surge in construction projects. Renting dump trailers provides …

May 2023 Sees U.S. Aluminium Tube Exports Surge by 11% to $49M on Average

U.S. Aluminium Tube Exports In May 2023, exports of aluminium tubes, pipes and tube or pipe fittings from the United States expanded rapidly to 5.2K tons, growing by 12% on April 2023 figures. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January …

From Farm to Container: Optimizing the Agricultural Supply Chain

The technology revolution has been behind advancements in many industries, and optimization of the supply chain is no exception. Logistics has gone from a pen-to-paper logbook scenario to one that is fully digital and influenced by the latest in integrated technology.  For an industry as age-old as agriculture, it is a revolution that has changed …