By any measure, 2023 has been a difficult year for the trucking industry. Just how bad are market conditions, and when will trucking see a return to better times? Soleymani offers insights about the freight recession’s causes and how long it may last. Also: Cargo theft is on the rise; workers are being required to return to offices.Just within the past two weeks, our nation has been rocked by two weather-related catastrophes. We talk about these disasters and how the logistics industry is coordinating relief efforts. Also: Drought in Panama limits canal shipping; wireless charging tech for material handling.
As online shopping expands, malls are decreasing in number and slowly becoming extinct. According to the Federal Reserve Bank of Richmond the number of malls in the country has dropped from 1,500 in 2005 to 1,150 today. The Muncie Mall is being auctioned for a sheriff’s sale.