Surveys Find 3PLs Hitting Their Stride Amid Economic Uncertainty
The 21st Annual Surveys of Third-Party Logistics Provider CEOs, which this year included the CEOs of 27 of the world’s largest 3PLs, found that approximately 75 percent of the companies involved in the surveys were profitable in 2013.
The CEOs were also asked to project regional 3PL industry revenue growth rates for the next three years. North American CEOs projected average revenue growth rates of 6.54 percent; European CEOs projected average revenue growth rates of 4.17 percent; and CEOs in the Asia-Pacific region projected average revenue growth rates of 10.4 percent.
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Big Savings by Increasing Insurance Deductibles
Americans will drive a few miles out of their way to save a couple of cents per gallon on gas and fastidiously check the air pressure in their tires to improve mileage to save a buck or two, but many fail to take advantage of a simple way to save money: raise the deductible on their car insurance from $500 to $1,000.
Car owners save an average of 9% on their premiums with that change, according to insuranceQuotes.com. The savings jump to 16% if they change it from $500 to $2,000. The changes do vary by state: Massachusetts gives the biggest break at 19% for making the $500 change while Michigan provides the smallest cut at just 4%.
READ MORE to find out about rates.
CNW’s September Retail Automotive Summary
The CNW September Retail Automotive Summary is now available.
Here are some of the headlines:
♦ Three Trends to Watch: Younger Buyers Returning; Used Leasing Growing; Box-Store CPO Satisfaction
♦ September Leading to monthly sales gain; SubPrime Rockets
♦ Jitters down; Closing Ratios up
♦ September Used Sales Ahead of Year Ago
♦ Used Diesels in Growing Demand
♦ NEW COLUMN: Jesse S: Socially Speaking -- Hashtag as a Business Tool
Is It Illegal to Use the Apple Watch While Driving?
In conjunction with the typical Internet feeding frenzy that goes hand in hand with the announcement of each new iPhone, Apple has been cited in countless headlines recently after its debut of its new Apple Watch on September 9. The so-called "smartwatch" is far from an industry first – Samsung, Motorola and Pebble all have models on the market, and who can forget 2003's Fossil Wrist PDA? – but as per usual, Apple's entry is garnering more than its fair share of media attention.
The Apple Watch ("iWatch" to many) has also raised interest of a more ominous sort from certain regulatory bodies. Last week, multiple automotive outlets in the United Kingdom ran stories quoting officials from that country's Department for Transport as saying that use of an iWatch while driving would carry the same penalty as use of a mobile phone. For the Brits, then, getting nabbed checking an alert on one's wrist might mean the same 100-pound fine (about $160) that was instated last August.
