Used car prices steer toward Fed Chairman Powell s inflation hunch foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.
Richard Branson says he isn t in a race with Jeff Bezos. But, like, come on
Richard Branson says he isn t in a race with Jeff Bezos. But, like, come on
Posted: Jul 8, 2021 10:40 PM
Updated: Jul 8, 2021 10:40 PM
Posted By: By Allison Morrow, CNN Business
Editor s Note: A version of this story appeared in CNN Business Nightcap newsletter. To get it in your inbox, sign up for free,
ROCKET MAN
This weekend, Richard Branson, the founder of Virgin Galactic, is attempting to become the first billionaire to strap himself to a rocket branded with the company he founded and hurtle himself into space.
Used-Car Industry Flummoxed by Logistics Complications Dealers on average are buying and selling cars over greater distances, Manheim Logistics’ Joe Kichler says. That’s partly because dealers must cast a wider net to find the most desirable vehicles during the ongoing shortage of used-car inventory.
Transportation costs are going up in the wholesale used-car industry for a variety of reasons, including a shortage of drivers, a shortage of transport trucks and a big increase in the average distance used vehicles need to be moved after a sale, according to Manheim.
“Low transporter supply is driving up costs and impacting service levels,” says Joe Kichler, vice president-Manheim Logistics.
Here s why car prices are so high, and why that matters kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.