I'd like to put a finer point on what we mean when we talk about "catching-up with growth": Solésence sales have grown from less than $2M in 2018 and 2019, to $7M in 2020, during the Pandemic, to $18M in 2021. That statement is true for the company as a whole and also for our two reportable segments of North American LTL and European transportation. All questions and communication with the customer relating to repair services are handled by Cobblers Direct. Also, in the same complaint, and I know that this may make a number of you more comfortable, BASF expressly states that it is not seeking termination of the Agreement. Best Computer Science Project Topics and Ideas of 2023. If I could follow up on that just for a second. That's why we've put together this guide to walk you through how to approach your own social media marketing strategy, along with tools and tips to help you pull it off.
On the purchase transportation cost, that was down 10% in the fourth quarter. You can find a copy of the company's earnings release, which contains additional important information regarding forward-looking statements and non-GAAP financial measures in the Investors section on the company's website. It's -- if we look at what we did, it's running probably 34% as far as on a return-on-investment capital. Based on these assumptions and our year-to-date performance, we now expect adjusted EBITDA to be in the range of $80 million to $85 million. A good strategy will help your brand find the right customers in this growing space. An effective social media marketing strategy starts with understanding your ideal customer. Do you want to create something that will be used by others? How impactful was high shipping demand on customer questions à se poser. That was -- but also -- and appreciate that fuel as part of that line for the third-party providers.
Jordan Alliger -- Goldman Sachs -- Analyst. This increase was primarily driven by higher adjusted EBITDA and a lower effective tax rate. What do you hope to achieve by the end of it? During this quarter, and the several quarters to come, we are planning to turn our attention toward right sizing our inventory – again. Without which, I have to add, we wouldn't be able to pull costs out of the current Solésence business. It's been a rough quarter in these respects, but we can see our way through them. Don't shy away from eventual "re-runs, " especially if a certain post has proven to drive traffic, engagement, or sales. After growing revenues 77% over the last three fiscal years, we expect revenues to decline in the mid-single-digit range in fiscal 2023 on cautious consumer behavior. Ph) guidance for fiscal 2023. You have full control over your productive workflow with remap. How impactful was high shipping demand on customer questions justbats blog. So, overall, it's still a similar strategy. 89 billion monthly active users, is also a great place to do some audience research. This is the momentum we're carrying into 2023, and we intend to continue to invest in growth. Are there any ethical considerations?
Facebook, Instagram, TikTok, Pinterest, Snapchat—there's no shortage of social media networks for you to build a presence for your brand. This project involves developing a system that can crawl through websites and identify keywords that are being used excessively or in a suspicious manner. Brian Ossenbeck -- JPMorgan Chase and Company -- Analyst. How impactful was high shipping demand on customer questions.assemblee. With this data, you can learn what KPIs still align with your business goals and see if they need any adjustments. This is a perfect example of a tuck-in acquisition that enables us to further expand our leadership position and product offerings in the personalization category. Monitoring your metrics lets you make small changes to your strategy, rather than huge overhauls. This is what distinguishes us in the marketplace, because we care about nurturing our relationships with our customers.
I mean, as we go forward pension -- as we think about income, pension will be excluded. Now, moving forward, and we just discussed this during our Investor Day, as we become a stand-alone LTL company, we are taking back the corporate cost and putting them in LTL effectively. You need to prioritize what you'll be focusing on in the beginning and that starts by understanding the strengths and weaknesses of each channel. This is strictly an investment in securing and expanding our franchise within our Solésence products. Our adjusted operating ratio, excluding gains on real estate sales, was 87. Later, we will conduct a question-and-answer session. 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Q2 2023 Earnings Call Transcript. It's used to understand if your audience actively interacts with your content and how effective campaigns are. First, we had a $64 million non-cash goodwill impairment charge related to a change in our segment structure following the spin-off. Don't be surprised if your 60HE ends up in the office, study, or even a public environment. It's been a bumpier ride than we expected, but we believe our progress will become obvious, in terms of increased margins, and efficiencies in supporting increased volumes. We also trained over 1, 700 truck drivers last year at our driver training schools.
And these over time, will pay dividends both in terms of margin expansion and higher returns through our plans to 2027. Product lifestyle shots. We are transforming our company from being a purely transactional e-commerce company towards developing deeper relationships with customers through content and community. This was primarily driven by a 12% increase in adjusted EBITDA in our LTL business and a $75 million reduction in corporate expense. To give you an example, recently, I mentioned last quarter, we onboarded a new top 10 customer. Library Management Systems can be a great Computer Science project topic because they provide an opportunity to learn about databases and information management. Social media livestreaming is authentic and engaging. So, if you take out the impact of weather in the back half of December, we would have exceeded our expectation on OR improvement for the fourth quarter. Share a high-quality photo of a popular hangout spot in Toronto or a local event. To complete this project, you will need to gather data from multiple sources and analyze it using statistical techniques. 4 million and offset the 4. Want to market your business on Instagram? Company-wide, we generated revenue of $1. Once you have defined your goals, you can narrow down your focus and start thinking about potential topics.
Today, I'll discuss our fourth-quarter and full-year results, balance sheet, and liquidity. When you think about labor expenses and maintenance costs were higher than expected, but we already had factors for that when we got together on the last earnings call. An optical character recognition system, or OCR system, can be a great computer science project topic. You can go further and develop several audiences or "target segments" to speak to, such as a significant other looking for a gift (not the customer themself), shoppers who already buy from one of your competitors, and people or companies you want to build connections with. And finally, a reminder that starting with the current quarter, our adjusted operating ratio will include the allocation of incremental corporate costs and exclude pension income. And as you can see from our guide for our planning assumptions for 2023, we do expect capex at the midpoint to be up over what it was last year.
You can find all the production batches and their status on the Batch info page. We reported a net loss from continuing operations of $36 million in the fourth quarter, representing a diluted loss per share of $0. Now, specifically, in the demand environment, the segments are different retail has been -- had sequential declines in the fourth quarter, but the feedback we hear now that the retailers have gone through that inventories and now that we're going to see more normal seasonal buying patterns in 2023. Our next question comes from the line of Chris Wetherbee with Citigroup.
And same thing on wages, we expect them, obviously, to be up but not as up as they were in 2022. Your peers in LTL are up on average about 200% over that time frame. If your target audience can be identified by a particular profession or there are businesses that need your products or service, then it might be worth building your presence here. Income level: $30, 000 to $70, 000. Cobblers Direct is powered by lifelong cobblers who love their craft. While it's clear YouTube is the king of video content, there are other video channels to take advantage of: - TikTok; - Instagram Reels; - Instagram Stories; - IGTV; - Snapchat; - Facebook Stories.
Master of input speed. You may recall that the Gourmet Foods & Gift Baskets business was the most impacted by the negative macro cost inputs for the past 18 months. Such a search engine would be immensely useful to everyone who uses the internet. So they had the warehousing business, which was the former Menlo business.