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Decline in Formal Education Requirements Reflects Changing Employer Attitudes
Human Resources, Money Matters Jennifer Joslyn 2/28/24 Human Resources, Money Matters Jennifer Joslyn 2/28/24

Decline in Formal Education Requirements Reflects Changing Employer Attitudes

New research from Indeed reveals a significant shift in job postings, indicating a decline in the requirement for formal education qualifications.

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Macy’s Navigates Turbulent Retail Waters With Closures, Luxury Shift, and Activist Investors
Sales, Money Matters, Marketing Approach, High Tech / High Touch Jennifer Joslyn 2/27/24 Sales, Money Matters, Marketing Approach, High Tech / High Touch Jennifer Joslyn 2/27/24

Macy’s Navigates Turbulent Retail Waters With Closures, Luxury Shift, and Activist Investors

Macy’s announced plans to shutter 150 stores over three years and 50 by the end of 2024 following a fourth-quarter loss and declining sales.

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Rising Insurance Costs and Market Pressures are Rampant in Trucking
Insurance, Money Matters Jennifer Joslyn 2/27/24 Insurance, Money Matters Jennifer Joslyn 2/27/24

Rising Insurance Costs and Market Pressures are Rampant in Trucking

Rising insurance costs are causing many trucking companies to call it quits, leading to a hyper-competitive market for insurers.

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California Freight Forwarder Boateng Logistics Files for Bankruptcy, Leaving Industry Stakeholders Millions in Debt
Factoring, Money Matters Jennifer Joslyn 2/26/24 Factoring, Money Matters Jennifer Joslyn 2/26/24

California Freight Forwarder Boateng Logistics Files for Bankruptcy, Leaving Industry Stakeholders Millions in Debt

A California-based freight forwarder, Boateng Logistics, has filed for bankruptcy liquidation, leaving trucking, logistics, and factoring companies owed millions.

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Insights into America's Financial Struggles and Priorities with Credit Card Debt
Inflation, Money Matters Jennifer Joslyn 2/24/24 Inflation, Money Matters Jennifer Joslyn 2/24/24

Insights into America's Financial Struggles and Priorities with Credit Card Debt

It's no secret that many Americans are grappling with credit card debt, with a Bankrate survey revealing that one in three adults had more credit card debt than savings in both 2023 and 2024.

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Balancing Inflation and Recession Risks Amid Fed Rate Cut Debates
Inflation, Money Matters Jennifer Joslyn 2/23/24 Inflation, Money Matters Jennifer Joslyn 2/23/24

Balancing Inflation and Recession Risks Amid Fed Rate Cut Debates

In 2021 and 2022, as inflation surged, the Federal Reserve was criticized for delaying interest rate hikes, allowing prices to soar. Now, with inflation easing, there's concern the Fed might move too slowly to cut rates, risking a recession, some economists argue.

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Fast-Fashion Giants Shein and Temu Disrupt Global Air Cargo Industry
Sales, Money Matters, Trade & Border Issues, Hot Spots Jennifer Joslyn 2/21/24 Sales, Money Matters, Trade & Border Issues, Hot Spots Jennifer Joslyn 2/21/24

Fast-Fashion Giants Shein and Temu Disrupt Global Air Cargo Industry

The rise of fast-fashion e-commerce giants like Shein and Temu is shaking up the global air cargo sector, according to industry insiders.

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FMCSA's Call for Truck Lease Agreements is Combating Predatory Practices for Driver Safety
Leases & Loans, Money Matters, Driver Issues, Behind the Wheel Jennifer Joslyn 2/16/24 Leases & Loans, Money Matters, Driver Issues, Behind the Wheel Jennifer Joslyn 2/16/24

FMCSA's Call for Truck Lease Agreements is Combating Predatory Practices for Driver Safety

The Federal Motor Carrier Safety Administration (FMCSA) is requesting lease agreements from truck drivers, especially if they suspect predatory or fraudulent terms.

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Flight Attendants Demand Fair Pay
Human Resources, Money Matters Jennifer Joslyn 2/14/24 Human Resources, Money Matters Jennifer Joslyn 2/14/24

Flight Attendants Demand Fair Pay

Last year, airline pilots scored hefty pay raises through new labor contracts, sparking a wave of demand for better wages among flight attendants.

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Boeing Faces Delivery Decline Amid Safety Concerns
Sales, Money Matters, Maintenance & Repair, Nuts & Bolts, Company Culture, Marketing Approach, High Tech / High Touch Jennifer Joslyn 2/13/24 Sales, Money Matters, Maintenance & Repair, Nuts & Bolts, Company Culture, Marketing Approach, High Tech / High Touch Jennifer Joslyn 2/13/24

Boeing Faces Delivery Decline Amid Safety Concerns

In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.

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United Airlines Faces $2 Billion Loss Since Scrapping Flight Change Fees
Sales, Money Matters Jennifer Joslyn 2/12/24 Sales, Money Matters Jennifer Joslyn 2/12/24

United Airlines Faces $2 Billion Loss Since Scrapping Flight Change Fees

United Airlines made headlines three years ago when it axed flight change fees, a move that has cost the company an estimated $2 billion.

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Yellow Trucking Repays Contentious $700M Covid Loan Amidst Bankruptcy Fallout
Leases & Loans, Money Matters, Covid-19, Hot Spots Jennifer Joslyn 2/8/24 Leases & Loans, Money Matters, Covid-19, Hot Spots Jennifer Joslyn 2/8/24

Yellow Trucking Repays Contentious $700M Covid Loan Amidst Bankruptcy Fallout

Bankrupt trucking giant Yellow has announced it has fully paid back a contentious $700 million Covid loan from the U.S. Treasury Department, along with over $151 million in interest.

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FTA Allocates $110 Million in Emergency Relief Funds
Claims, Money Matters Jennifer Joslyn 2/7/24 Claims, Money Matters Jennifer Joslyn 2/7/24

FTA Allocates $110 Million in Emergency Relief Funds

The U.S. Department of Transportation's Federal Transit Administration (FTA) has approved nearly $110 million in funding for public transportation providers and state Departments of Transportation in various states and a U.S. territory.

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Millions of Americans Missing Out on Valuable EITC
Money Matters, Claims Jennifer Joslyn 2/3/24 Money Matters, Claims Jennifer Joslyn 2/3/24

Millions of Americans Missing Out on Valuable EITC

Each year, tens of millions of Americans file their tax returns, and a significant number of them are missing out on a valuable credit, the earned income tax credit (EITC), according to the IRS

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Strong Job Growth and Wage Increases Continue in U.S. Economy Amidst Rising Interest Rates
Inflation, Money Matters Jennifer Joslyn 2/2/24 Inflation, Money Matters Jennifer Joslyn 2/2/24

Strong Job Growth and Wage Increases Continue in U.S. Economy Amidst Rising Interest Rates

In January, the U.S. economy added a surprising 353,000 jobs, surpassing economists' predictions of 177,000.

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Walmart's Ambitious Plans Include Over 150 New and Expanded Stores in the Next Five Years
Sales, Money Matters Jennifer Joslyn 1/31/24 Sales, Money Matters Jennifer Joslyn 1/31/24

Walmart's Ambitious Plans Include Over 150 New and Expanded Stores in the Next Five Years

Walmart, already a retail giant, is aiming to get even bigger. Over the next five years, the company plans to build or convert more than 150 large-format stores, with some expanding from smaller locations into Supercenters offering groceries and merchandise.

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Knight-Swift Faces Challenges Despite Revenue Growth in Weak Freight Market
Sales, Money Matters Jennifer Joslyn 1/28/24 Sales, Money Matters Jennifer Joslyn 1/28/24

Knight-Swift Faces Challenges Despite Revenue Growth in Weak Freight Market

Knight-Swift Transportation, a major player in the trucking industry, managed to increase its revenue despite weak freight demand in the last quarter of the previous year.

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Amazon Announces Limited Layoffs in Buy with Prime Unit Amid Ongoing Restructuring
Human Resources, Money Matters Jennifer Joslyn 1/21/24 Human Resources, Money Matters Jennifer Joslyn 1/21/24

Amazon Announces Limited Layoffs in Buy with Prime Unit Amid Ongoing Restructuring

Amazon.com has announced layoffs affecting fewer than 5% of its Buy with Prime unit employees.

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Rising Insurance Premiums Squeeze Corporate Profits
Money Matters, Insurance, Claims, Inflation Jennifer Joslyn 1/21/24 Money Matters, Insurance, Claims, Inflation Jennifer Joslyn 1/21/24

Rising Insurance Premiums Squeeze Corporate Profits

Hidden inflationary costs are squeezing corporate profits, and it's not just the usual suspects like input and freight costs.

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Yellow Corp. Continues Asset Sales, Generating Over $82 Million from Terminal Leases
Sales, Money Matters Jennifer Joslyn 1/18/24 Sales, Money Matters Jennifer Joslyn 1/18/24

Yellow Corp. Continues Asset Sales, Generating Over $82 Million from Terminal Leases

The U.S. Bankruptcy Court has given the green light to Yellow Corp.'s sale of 23 terminal leases to various buyers, totaling $82.89 million.

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