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Daily Infographic: Black Friday Sales Up
Wednesday, December 1, 2021 - 10:29am | 172Read More...To view more FreightWaves infographics, click here. The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the...
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Walmart Rents Space for Pop-Up Container Yards Near Major Ports
Wednesday, December 1, 2021 - 10:28am | 1653Read More...Walmart (NYSE: WMT) executives say a new pop-up yard near the ports of Los Angeles and Long Beach has helped the retailer improve import cargo flow and make more goods available for customers. The good news about having few shortages was delivered to President Biden Monday during a White House...
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Keeping Up With the Pace of Digital Freight Change
Tuesday, November 30, 2021 - 2:16pm | 686Read More...The logistics industry has been undergoing a major technological revolution since the ELD mandate became official in 2018, and the pace of change has accelerated in response to the coronavirus pandemic. This explosion of high-tech offerings can be overwhelming for brokers, and many 3PLs have had...
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Weekly Fuel Report: November 30, 2021
Tuesday, November 30, 2021 - 1:02pm | 168Read More...Learn more at SONAR.FreightWaves.com The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content...
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FMCSA Moves to Ensure Capacity in Wake of COVID-19 Variants
Tuesday, November 30, 2021 - 12:59pm | 631Read More...Federal regulators have extended an exemption from hours-of-service rules for drivers hauling pandemic-related freight, citing the need to provide capacity in the wake of a potential rise in COVID-19 infections. "Although the number of COVID-19 cases began to decline in the U.S. following...
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Overinvestment in Load Matching Technologies Isn't Solving Deeper Transportation Issues
Tuesday, November 30, 2021 - 12:20pm | 957Read More...Since 2011, $302 billion of venture capital funding has been invested in supply chain technology, leading to advancements on a decades-old, fundamental logistics problem: matching loads to trucks. Obviously, there are benefits to increased supply chain visibility — fewer empty miles, increased...
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Daimler Truck Pegs Revenue Loss From Semiconductor Shortage in Billions
Tuesday, November 30, 2021 - 11:50am | 521Read More...The global semiconductor shortage will cost billions in lost revenue for soon-to-be-independent Daimler Truck, and the situation is likely to continue into 2022, CEO Martin Daum told a German newspaper. In comments to Automobilwoche reported on Sunday, Daum said the chip shortage would be a...
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Holiday Heroes: Shipt is Ready for Last-Minute Needs
Tuesday, November 30, 2021 - 11:48am | 1257Read More...The Christmas 2021 story is still to be written, but the book is sure to include a chapter on what will be a historic digital shopping season. According to data from Salesforce, digital commerce revenue is already up 18% year-over-year in the U.S. through the first 10 months, and more Americans –...
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Daily Infographic: Decarbonizing the Nation's School Bus Fleet
Tuesday, November 30, 2021 - 10:35am | 172Read More...To view more FreightWaves infographics, click here. The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the...
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CloudTrucks Secures $115M to 'Lower the Barrier of Entry' for Drivers
Tuesday, November 30, 2021 - 10:34am | 903Read More...Technology-enabled trucking company CloudTrucks announced Tuesday it raised $115 million in series B funding led by Tiger Global with participation from Menlo Ventures and previous investors including Caffeinated Capital, Craft Ventures, Khosla Ventures, Abstract, BTV, and Kindred Ventures. The...
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Amid Port Congestion, It's Best to Think Local
Monday, November 29, 2021 - 2:42pm | 1126Read More...You know a logistics issue is a big deal when the entire family discusses supply chain bottlenecks at the dinner table. It's likely that many families have discussed, say, Los Angeles' container congestion in depth over the past few weeks, discussing articles they've read in an attempt to...
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Retailers Open Pop-Up Container Yards to Bypass Savannah Port Jams
Monday, November 29, 2021 - 1:16pm | 1690Read More...Overflow lots set up by large retailers this month as temporary staging areas for imported containers have helped bring down congestion levels at the Port of Savannah, and Georgia officials expect further efficiency gains with this week's opening of two more port-sponsored pop-up sites. The...
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Deutsche Bank Slows Approach to Transportation Stocks in 2022
Monday, November 29, 2021 - 1:15pm | 1349Read More...One of the most bullish transportation analysts on Wall Street has tapped the brakes on his approach to selecting equities in 2022. In a Monday report to clients, Deutsche Bank analyst Amit Mehrotra advocated for a more selective stance on transport stocks in the coming year, citing inflationary...
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CSX, Canadian Pacific Lauded for Efforts to Reduce GHGs
Monday, November 29, 2021 - 11:45am | 933Read More...Two Class I railroads have earned kudos for their efforts to lower greenhouse gas (GHG) emissions. CSX (NASDAQ: CSX) and Canadian Pacific (NYSE: CP) garnered a spot on the 2021 Dow Jones Sustainability Index (DJSI) North America this month. The index, a partnership between Dow Jones Indices and...
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Q&A: Freightera CEO Talks Economics, Operational Efficiency, Emissions
Monday, November 29, 2021 - 11:44am | 1611Read More...Economics and environmental sustainability are often pitted against each other in business — especially when it comes to the movement of freight. But there are several things companies can do today that reduce greenhouse gas emissions and benefit their bottom lines. FreightWaves asked Eric...
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