To increase profits, businesses must do to things: boost revenue and reduce costs. The act of reducing costs can be painful, as it often means doing without something you would prefer to have. However ...
t doesn't take a rocket scientist to figure out why most of the major U.S. airlines are gung-ho about cutting costs and will continue to be until they find a way to increase revenue. But it might take ...
Small-business owners must keep a close eye on cash reserves and both fixed and variable expenses. Even if you don't have a vision of expanding into a multinational corporation with thousands of ...
Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...
Lockheed Martin is confident the F-35 stealth fighter’s operating cost will be cut to $25,000 per hour by 2025 if the Joint Program Office that manages the aircraft agrees to a performance-based ...
Forbes contributors publish independent expert analyses and insights. Sasha Lekach covers electric vehicles and vehicle technology. The American Automobile Association’s “Your Driving Costs” study ...
Vessel operating cost inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related costs, according to the latest Ship Operating ...
The average cost of operating a truck dipped slightly last year, but marginal costs jumped when the effects of lower fuel costs were excluded, the American Transportation Research Institute said in a ...
Accurate equipment cost hinges on the answers to two different questions: What does it cost to bring the machine into your fleet and keep it there, and what does it cost to put it to work? To answer ...
The F-35 Joint Program Office has awarded Lockheed Martin a sustainment contract for the F-35 that commits the company to reduce the operating cost of the stealth fighter to $30,000 per flight hour by ...
The U.S. military is not only the world’s most advanced force, but it is also the busiest and most widely deployed. The Defense Department’s constant commitments leave it caught in a metaphoric ...