Truck drivers and larger carriers are facing a tough business environment, which may get worse than it did during the Great Financial Crisis, according to a report. Freight demand has deteriorated over the last year due to a sluggish economy, and per-mile rates for drivers have plunged since the pandemic-era boom in 2021, which brought a…
Truckers Face Bad Business Environment and Experts See It Getting Worse
Wayne Allyn Root, Nicky Billou Publish Consumer Guide for Conservatives
Commentary Well written though they are, Epoch Times readers could, in some instances, find the introductory essays in Wayne Allyn Root and Nicky Billou’s just published “The Great Patriot BUY-cott Book: The Great Conservative Companies to BUY From & Invest In!” a bit of “déjà vu all over again.” The subjects of “woke,” COVID-19, the border crisis,…
Billionaire Investor Peltz, With 1.5 percent Stake, Joins Unilever Board
Billionaire activist Nelson Peltz will join the board of Unilever, the consumer goods giant said on Tuesday, heaping pressure on the maker of Dove soap and Hellman’s mayonnaise as it reviews its strategy. Shares in the London-listed group jumped 7 percent as it said Peltz, who has amassed a 1.5 percent stake in Unilever, will…
From Kisses to Kleenex, Consumer-Product Makers Plot Additional US Price Hikes
From Hershey to Clorox and Kleenex maker Kimberly-Clark, major consumer-products companies have announced plans to boost U.S. prices further or more broadly than previously proposed this year, signaling that the fastest inflation rate in a generation may not ebb soon. Product makers generally hold conversations with U.S. retailers at year-end about price hikes planned for…
Crews Make Progress on Months-Long Cargo Ship Backlog at LA Ports
June 3, 2021
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The twin ports of Los Angeles and Long Beach are seeing progress in reducing one of the worst backlogs of container ships in history waiting in the San Pedro Bay. As of June 1, there were 11 container ships at anchor in the bay waiting to reach port terminals, which is 10 ships less from the last report May 28. It signals a major decrease and the lowest amount of…
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