The People’s Republic of China has been the world’s largest exporter of wheelchairs from 2016 to 2020, according to data the United Nations. Moreover, the value of China’s wheelchair exports has increased at a Compound Annual Growth Rate of 4.2% from approximately $538.5 million in 2016 to approximately
The American Trucking Associations (ATA) estimates that U.S. freight transportation will grow to more than $1.6 trillion by 2030. According to ATA, the U.S. freight sector accounted for approximately $791 billion in revenue in 2019 and accounted for 80% of domestic freight spending. Private fleets consist of tractors
U.S. rail transportation during the first six months of 2022 was unfavorable compared with the prior-year period, the Association of American Railroads (AAR) reported. On a year-over-year rate, total U.S. carload traffic decreased 0.1% and intermodal units decreased 6.2% for the year-to-date period through June 30, 2022. Thus,
The American Trucking Associations (ATA) estimates that there is a severe shortage of truck drivers in the United States, with a need for about 51,000 more drivers to meet demand. At the same time, the Coalition of Supply Chain Management Professionals (CSCMP) has identified the driver shortage as
The U.S. Department of Commerce (DOC) reported that U.S. shippers have converted reefer containers to dry containers. Currently, container shortages and spatial mismatches have not been limited to dry containers. U.S. importers and shippers have also experienced a shortage of refrigerated shipping containers, commonly known as reefers. Reefer
Mexico‘s Coca-Cola FEMSA reduced the proportion of low-calorie or no-calorie beverages in 2021 compared to 2020. In order to respond to consumers’ different lifestyles, the company has developed new products, and expanded its low-calorie and no-calorie beverage offerings by reformulating its existing products to reduce added sugar in