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Market update: Hurricanes drag down Copart revenue

Flooded cars during Hurricane Harvey, Aug. 29, 2017. Photo via Wikimedia Commons, by urban.houstonian from Houston, TX

By CRM staff Toronto, Ontario — November 26, 2018 — In this week’s market update, Copart reveals the true cost of hurricanes to its salvage and auction business, and a forecast of growth for the collision repair sector. The cost of hurricanes: CopartSales and earnings for Copart grew by double digits in its first quarter […]

Airless tires on the rise

By CRM Staff Toronto, Ontario — Septmber 3, 2018 — The global market for airless tires is projected to inflate and exceed USD $200 million by the year 2024, according to Global Market Insights. The forecasted projection would represent a USD $180 million increase from the product’s 2016 worth, which was valued at USD $120 million. The market […]

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