Costco Wholesale Corporation Reports July Sales Results

Broadband companies that want to do business with state agencies in New York will have to abide by some key net neutrality rules, under an order signed Wednesday by New…

As you are most likely aware, the packaging industry and much of North America has faced significant shipping and logistics challenges over the past several months. Several factors such as demand for freight services outstripping the number of trucks on the road, inclement weather conditions, and the implementation of the new Electronic Logging Device (ELD) regulations in December 2017, have collectively compounded the issue of imbalance in the truck and driver supply. The ELD mandate will have an impact on freight costs. Most carriers that have implemented ELDs have reported productivity decreases of approximately 15% with fewer miles driven per day. It is also expected that some capacity may be taken out of the market due to the rising costs. The net result of all of this is high load to carrier ratios driving up freight rates which often change with little notice. Click Read More below for additional information.

Adobe released its online shopping forecast for the 2023 holiday season, covering the period from Nov. 1 through Dec. 31, 2023. Based on Adobe Analytics data, the analysis provides the most comprehensive view into U.S. e-commerce by analyzing commerce transactions online, covering over 1 trillion visits to U.S. retail sites, 100 million SKUs and 18 product categories. Adobe Analytics is part of Adobe Experience Cloud, relied upon by over 85% of the top 100 internet retailers in the U.S.* to deliver, measure and personalize shopping experiences online. Adobe expects U.S. online holiday sales to hit $221.8 billion this holiday shopping season (Nov. 1 to Dec. 31), representing 4.8% growth year-over-year (YoY). In the 2022 season, shoppers spent $211.7 billion online, and saw 3.5% YoY growth.