U.S. electric car sales jump 5% as legacy brands offset Tesla losses
With over 101,000 registrations in October, Tesla remains the undisputed market leader despite the decline go through Chris Chilton 3 hours ago More than 101,000 electric vehicles were registered in the United States in October. Registrations increased by 5% in the same month of 2023. Tesla's number fell 1.8%, but still led by a wide margin. We keep hearing about the downturn in the EV economy and how automakers are changing their electrification strategies because consumers aren't spending. Of course, EV sales are down in countries like Germany, but in the U.S., people are still buying EVs and buying more of them than they did 12 months ago. Data from S&P Global Mobility showed that electric vehicle registrations increased 5% in October from the same month in 2023, reaching a peak of 101,403 vehicles. It's not Tesla that's driving this growth, but traditional automakers. RELATED: Global electric car sales break record in November thanks to unstoppable growth in China Chevrolet's…
TT Club highlights ongoing efforts to prevent container losses
Container losses at sea have always been a challenge, often exacerbated by adverse weather conditions. Leading international cargo insurer TT Club continues to work with the container industry to mitigate such incidents. See also: TT Club warns: Ignoring container seals could compromise cargo security The World Shipping Council’s annual survey shows that container losses hit a record low in 2023, with 33% of lost units later recovered. Despite this positive trend, TT Club’s analysis points out that weather is the most important factor in these losses, highlighting the complexity of the issue. TT Club is actively involved in the MARIN TopTier joint industry project, which brings together more than 40 industry and government stakeholders to address the causes of container losses. The project has already provided important guidance on mitigating risks such as parameter rollover. Peregrine Storrs-Fox of TT Club stressed the importance of responsibility throughout the freight supply chain, from accurate cargo weight verification to proper load distribution. Differences…