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- Lululemon boss to step down early next year
Calvin McDonald's decision to leave at the end of January comes amid a run of poor sales for the firm in the US. ...[TheTopNews] Read More.1 day ago - Nationwide fined £44m for ‘ineffective’ crime controlsThe building society failed to monitor its customers' activity effectively between 2016 and 2021, the regulator says. ...[TheTopNews] Read More.1 day ago
- Gatwick Airport drop-off charge rises to £10Drop-off fees will rise from £7 to £10 at the West Sussex airport from 6 January. ...[TheTopNews] Read More.1 day ago
- Costco tops Wall Street’s sales and revenue expectations
Costco said on Thursday surpassed Wall Street's quarterly expectations as its sales rose 8.2% year over year. ...[TheTopNews] Read More.2 days ago - Lululemon CEO Calvin McDonald will depart in January...[TheTopNews] Read More.2 days ago
- Large Fleet Closings Dominate Headlines, But Small Fleets Face the Biggest
The trucking industry continues to struggle through a prolonged freight downturn, and despite major headlines about large carriers shutting down, it’s the small trucking fleets that have the most to worry about. While small operators survived longer than many expected—thanks to low overhead, COVID-era financial cushions, and smarter use of technology—new regulatory crackdowns may push many of them out of the market. Why Small Fleets Survived — Until Now Industry analysts say small trucking companies managed to stay afloat even as freight rates dropped sharply. Avery Vise, VP of trucking at FTR Transportation Intelligence, notes several reasons: Pandemic stimulus funds helped sustain small businesses. Many owner-operators paid off equipment or reduced debt during the high-rate years of 2021. Small fleets operate with limited overhead—no large offices, support staff, or expensive infrastructure. Technology helped improve equipment utilization, allowing them to stay profitable even when rates… ...[TheTopNews] Read More.2 days ago
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