Multipurpose Shipping Industry Shows Promise, Drewry Reports

Posted on June 30, 2017, Updated July 1, 2017Categories Featured News   Leave a comment on Multipurpose Shipping Industry Shows Promise, Drewry Reports

The multipurpose shipping industry is seeing a rise in demand. This is according to the latest report by Drewry, a global shipping consultancy firm.┬áMarine Log┬áreports that this uptick was particularly prevalent in the breakbulk industry, after a dip in 2016. Drewry analysts expect this trend to gradually continue into 2018. “While we believe that 2017 will be slow, the prospects for the second half of the year and into 2018 continue to strengthen and give rise to our optimism for … Continue reading “Multipurpose Shipping Industry Shows Promise, Drewry Reports”

Financially Responsible Decisions Leading to Successful Employee Futures

Posted on June 26, 2017Categories Featured News   Leave a comment on Financially Responsible Decisions Leading to Successful Employee Futures

Employee stock ownership plans (ESOPs) can be great for all kinds of industries, depending on how well the market is doing. According to a 2000 study by researchers at Rutgers, companies that take advantage of ESOPs actually grew 2.3% to 2.4% faster once their ESOP was set up than they would’ve otherwise grown without the ESOP. And over the last decade, a diverse range of companies have started experimenting with these stock ownership plans. According to Blackbird Miltech, companies involved … Continue reading “Financially Responsible Decisions Leading to Successful Employee Futures”

Health Care Expenses Exorbitantly High for the Average Retiree, Report Shows

Posted on June 24, 2017, Updated March 13, 2020Categories Featured News   Leave a comment on Health Care Expenses Exorbitantly High for the Average Retiree, Report Shows

A new survey has many retirees worried for what is to come. Nationwide, the average age of retirement is 63, and while everyone knows how important it is to save for retirement, a new HealthView Services report shows that retirees and those planning to retire soon will need to save a quite bit more than they expected. And no, it is not the cost of living or personal care expenses that is hindering retired Baby Boomers. Rather, it is the … Continue reading “Health Care Expenses Exorbitantly High for the Average Retiree, Report Shows”

Banking Industry Protects Seniors From Fraud as World Elder Abuse Awareness Day Is Observed

Posted on June 21, 2017, Updated June 21, 2017Categories Featured News   Leave a comment on Banking Industry Protects Seniors From Fraud as World Elder Abuse Awareness Day Is Observed

Approximately 6.8 million Americans use canes and other devices to assist with their mobility whether due to age or chronic conditions. Unfortunately, the older a person becomes, their chronic conditions become hazards not only to their health, but also to their financial security. Thursday, June 15th marks World Elder Abuse Awareness Day, a day created by the International Network for the Prevention of Elder Abuse and the World Health Organization at the United Nations as a way to increase awareness … Continue reading “Banking Industry Protects Seniors From Fraud as World Elder Abuse Awareness Day Is Observed”

Study Finds Automatic Guided Vehicle Market Is On The Rise

Posted on June 20, 2017, Updated June 20, 2017Categories Featured NewsTags , , ,   Leave a comment on Study Finds Automatic Guided Vehicle Market Is On The Rise

A recent study found the Automatic Guided Vehicle market is on the rise. The international AGV market is currently worth $838.3 million as of 2015, but it is predicted to be worth $2.3 billion by the year 2024. This is because the Automatic Guided Vehicle Systems of today are not the AVGs of the past. No longer the large robotics that slowly moved about the warehouse floor, AVGs are now more mobile and more useful than ever whether in postal … Continue reading “Study Finds Automatic Guided Vehicle Market Is On The Rise”

Are More Seniors Opting for Mortgages?

Posted on June 16, 2017, Updated June 16, 2017Categories Featured   Leave a comment on Are More Seniors Opting for Mortgages?

Paying off a home used to be celebrated so frequently that “mortgage burning” parties became popular during the mid-20th century. But more recent retirees no longer look at mortgages like they’re bad things. Although many older Americans have the means to purchase a home outright, a decent number of these seniors are choosing instead to take advantage of the financial benefits that mortgages have to offer. In 2016, almost 14% of homebuyers financed their entire home purchase with a mortgage. … Continue reading “Are More Seniors Opting for Mortgages?”

Over the Top Weddings Becoming America’s New Normal

Posted on June 13, 2017, Updated October 22, 2020Categories Featured News   Leave a comment on Over the Top Weddings Becoming America’s New Normal

Americans are spending more on their weddings than ever before. It can be easy to get carried away with spending on the big day — it is a celebration of romance, after all — but according to a new survey by WeddingWire, the spending is getting a little out of hand. For example, the average cost of a wedding ceremony and reception was around $16,000 back in 2007. Nowadays, an engaged couple can expect to spend about $28,000. And inflation … Continue reading “Over the Top Weddings Becoming America’s New Normal”