At a time when inflation and supply chain issues are driving up the cost of everything from gasoline to groceries, Traffic Safety Direct is doing our part to help our customers save money on traffic safety products. While we cannot control much of what happens in the marketplace, we are always looking for ways to bring down costs and work with suppliers and vendors who offer reasonable pricing.
Rising gas prices and climate change have been making headlines – and accelerating people’s interest in electric vehicles (EV). The EV market, which has been expanding slowly but steadily, experienced explosive growth in 2021. Sales increased 40% year-over-year, and this trend is expected to continue in 2022 and beyond. A Bloomberg New Energy Finance study projected that by 2040, zero-emission vehicles will account for 70% of new passenger vehicles globally.
Emergency lights are an effective and reliable way to warn people of potential hazards on and off the road. Whether they are police lights, brake lights, or another type of warning light, these devices can make a huge impact on the safety of drivers, pedestrians, and workers.
Improving the country’s infrastructure has been making headlines this year, with a focus on the need for federal funding to support projects of national, state and local importance. The U.S. Senate approved a $1 trillion bipartisan infrastructure bill in early August, allocating billions of dollars for everything from ports and public transit to road safety and water systems. Although the legislation faces an uncertain future in the House, it’s likely that a version will pass by the end of this year.
With the lifting of most COVID restrictions, people are eager to get out and enjoy all that summer has to offer. The array of outdoor fairs, flea markets, parades, sporting events, and concerts, coupled with employees returning to the workplace, is resulting in more traffic – both vehicular and pedestrian – than we’ve seen in a very long time.
The COVID-19 pandemic has created a global crisis that has affected every aspect of daily life. Not only has it taken a devastating toll on our personal lives, but it has had a dramatic impact on businesses and the economy.
Even as things are slowly beginning to improve, new challenges continue to make it difficult for businesses to plan and move forward with predictability and confidence. Unexpected events, like the severe winter storms in Texas and the stranding of a giant cargo ship in the Suez Canal, have led to major disruptions in the supply chain. As this affects the flow of raw materials and finished goods, it is leading to shortages of both – here in the U.S. and around the world.