Month: June 2022

Today’s freight market is ultra-competitive, and ‘survival of the fittest’ is the rechanting mantra. With consumers all over the world demanding greater varieties in products at the cheapest costs possible, companies are scrambling to bolster their supply chains and fulfill the ‘all-important’ customer.

Meanwhile, driver shortages, capacity imbalances, government regulations, and now, the ongoing pandemic are adding pressure to already strained supply chains and continue to impact transportation costs. This is why many organizations are turning to Managed Transportation Services providers to help address these challenges. Unfortunately, very often, subpar providers are prevalent in the market and operate with off-the-shelf technology, failing to support organizations against their competition.

Companies want to obtain capacity at below-market pricing while still providing excellent service. They want to know where their product is and whether or not loads will be delivered on schedule and on time.

Fortunately, there is a leading Managed Transportation Services … Read more

Equities in Canada joined their American cousins in a mass collapse Friday, as the spectre of sky-high inflation made its presence felt south of the border.

The S&P/TSX collapsed 289.07 points, or 1.4%, to conclude the day and the week at 20,274.82. On the week, the index stumbled 516 points, or 2.48%.

The Canadian dollar lost 0.44 cents to 78.27 cents U.S.

Techs took the worst of it, with HUT 8 Mining down 13 cents, or 5.2%, to $2.39, while Shopify slumped $26.68, or 5.7%, to $444.84.

Cannabis stocks were also bowled over, with Tilray shedding 26 cents, or 5.6%, to $4.34, while Aurora Cannabis dropped nine cents, or 4.8%, to $1.78.

Consumer discretionary stocks also faltered, with BRP Inc. descending $3.85, or 4.5%, to $81.65, while Gildan Activewear fading $1.65, or 4.2%, to $37.34.

Gold stocks tried to even things out, with IAMGOLD Corp. surging 20 cents, or 7.3%, … Read more

Solid Power (SLDP) made its stock market debut in December of 2021 as the only publicly traded pure-play solid-state battery manufacturer for electric vehicles. However, the stock has declined more…

Source link … Read more

Hybrid Working is reshaping not only the future of work but also the present. Ronan Copeland, GVP General Manager, EMEA, DocuSign explores how the right digital tools drive employees to create, innovate, and collaborate better.

No one can deny the last two years fundamentally changed the world of work. Offices and workspaces closed in favour of home working, forcing decision makers to not only ensure the right processes and protocols were in place, but that digital transformation strategies were re-evaluated and accelerated.

Such processes often resulted in ad hoc work models being created, but the latest findings from the Office for National Statistics report that during the last few months of 2021, output per hour overtook that of pre-pandemic levels for the first time, reenforcing that hybrid and remote working had an important role to play in business growth.

Now, as the world of work re-opens, organisations are actively looking … Read more

Stocks dropped sharply on Friday after a highly anticipated inflation report showed a faster-than-expected rise in prices and consumer sentiment hit a record low.

The Dow Jones Industrials plummeted 880.43 points, or 2.7%, to 31,392.79.

The S&P 500 handed back 116.96 points, or 2.9%, to 3,900.86.

The NASDAQ Composite plunged 414.2 points, or 3.5%, to 11,340.02.

The selloff was broad, with nearly every member of the 30-stock Dow in the red. Declining stocks outnumbered advancing ones on the New York Stock Exchange by roughly nine to one.

Apple dropped 3.9%, while Microsoft declined 4.5% and Dow, Inc. dropped 6.1%. Salesforce sank 4.6%, and Amazon fell more than 5%.

Friday’s declines mean Wall Street suffered its worst week in months. The Dow fell 4.58% for its 10th down week in the past 11. The S&P 500 and toppled 5.05% and the NASDAQ Composite lost 5.6%, for their ninth losing week in … Read more