The Home Depot expands its distribution network to meet its goal of reaching 90% of the U.S. population with same-day or next-day delivery for expanded home improvement product offerings, including large and bulky products. To this end, the company is investing in a significant number of new distribution
The Department of Commerce (DOC) is requesting information on barriers to U.S. artificial intelligence (AI) technology exports. The International Trade Administration (ITA) is seeking broad input from all stakeholders-including U.S. industry, researchers, academia, and civil society-on potential opportunities and challenges to increasing the competitiveness of these exports. Overall,
The third-party logistics services (3PL) market in the United States and Canada is estimated at about $229.2 billion annually, according to Armstrong and Associates. Shippers typically manage their supply chains through a combination of asset-based and non-asset-based service providers. There are companies that operate primarily as non-asset-based logistics
Canada offers business opportunities in the automotive sector, especially as the Canadian government aims to achieve carbon neutrality by 2050, noted the U.S. Department of Commerce. While Canada is North America‘s second largest automotive market, imports account for approximately three-quarters of the new vehicle market. Most of the
The price of diesel fuel soared as a result of Russia’s invasion of Ukraine, noted Blue Bird Corporation, the leading independent designer and manufacturer of school buses. Russia has historically been a major world oil exporter and many countries have stopped buying Russian oil in protest of the
Global automotive production fell 1.1% on a year-over-year basis in 1H2022 to 37 million 935,000 units. Overall, the market weakness is largely due to the continued impact of the Covid-19 pandemic, especially supply shortages and, to a lesser extent, the resurgence of the virus in China with corresponding