CP&A: ‘Is Hiring a Consultant Better Than an Employee?’
Casper, Phillips & Associates (CP&A), based in Tacoma, USA, has seen a rise in demand for its engineering design services, leading to the conclusion that companies have decided that it is better to hire a consultant rather than take on an employee, and is looking further at the benefits of this. According to Richard Phillips, a mechanical engineer at CP&A, the advantages to companies outsourcing work reduces the cost of a...
Xeneta real-time container freight rates update: Week 19
Ocean freight rates plummet from peaks across European export trades, but the main plot fails to reveal the full story The cost of shipping containers out of Europe has plummeted from the peak prices of 2021 and 2022, with spot rates on the main corridors down by close to 70%. However, according to the latest data from Oslo-based Xeneta, some trade lanes are still capable of commanding prices far above pre-pandemic levels, with recent...
California may ease the phase-out of non-zero-emission forklifts after the 2026 ban
The California Air Resources Board (CARB) has updated the proposed new regulations aimed at achieving zero emissions from forklifts by 2035. This article is a review of recent changes to California’s ban on non-zero-emission forklifts, which we wrote about in 2022. Under the updated proposed regulation, fleet operators would still not be allowed to purchase new large spark ignition (LSI) forklifts as of 2026. LSI forklifts...
The biggest risk to your business is what you actually see coming
We’re in flood season here in the Midwest. Waters are rising, but it’s not like in the movies, where a torrential flood sweeps across the landscape in seconds, and people are running for their lives. It’s actually quite uneventful. Temporary barriers get put up in streets over the course of multiple days. Water starts to be visible in grassy areas closest to the river, like a series of little splash pools. But within...
Amplify Business Value by amping up your Brand
Learn how a powerful brand maximizes value and mitigates risk for your business Branding is not what you may think. When executives consider branding, especially those with strong financial experience and limited marketing exposure (a classic CFO), they often see an expense with questionable ROI. They see a logo, tagline, website, marketing materials and equate those with the brand. While these are tools for delivering and building...
New planned Industrial Projects spikes up 82% in March 2023 from previous month
IMI SalesLeads announced the March 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms IMI SalesLeads in the Industrial Manufacturing sector. The following are selected highlights on...
The Impact of Inflation
It is a generally accepted principle that moderate inflation is good for business. Moderate inflation has been a fact of life and the natural economic state for more than a century. For one thing, inflation is usually a sign that the economy is growing, which leads to higher demand. Inflation often encourages consumers to make purchases now rather than later. A small but positive inflation rate is economically useful; however, a high...
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