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Arctic Blast Sweeps US, Causes Bomb Cyclone
NEW YORK — An arctic blast has brought extreme cold, heavy snow and intense wind across much of the U.S. — just in time for the holidays. The weather system, dubbed a “bomb cyclone,” is disrupting travel and causing hazardous winter conditions. Where is this winter weather coming from, and what’s in store for the…
Read MoreWill the economy be in recession in 2023?
7More recently, Bloomberg Economics economist Scott Johnson predicted that 2023 will be one of the slowest years for the global economy since 1993, with a global growth rate of just 2.4% instead of the previously forecast 3.2%, mainly due to the ongoing energy shock triggered by the Russia-Ukraine conflict, and the world economy is facing…
Read MoreWhat could the future of transportation look like?
What will the future of transportation look like? As technology advances, dramatic changes to urban transportation are coming to our roads and skies. While some of these ideas seem light-years away, such as flying taxis and pods that transport passengers at 600 miles per hour, many of these transformative ideas are already in design, in…
Read MoreOil prices has had a great impact on the ocean freight and transportation industry
The recent decline in oil prices has had a great impact on the logistics and transportation industry, including ocean freight, air freight. Diesel is the primary source of fuel for Class 8 trucks, also known as tractor trailers. It accounts for 15%-25% of a driver’s total cost of operation to move a shipment of goods.…
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