In this issue, market’s downward spiral; HBO highlights how trucking is broken for drivers; White House announces measures to fix a fragile market
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
The truck market is correcting. If you haven’t read the article that FreightWaves CEO Craig Fuller wrote last week titled, “Just 3 years after 2019 trucking bloodbath, another is on the way,” I recommend starting there. For those who prefer a video format and/or want more detail, Fuller discusses his thesis on the most recent […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Supply chain improvement, leading to better on-shelf availability, drove positive variance relative to management’s prior guidance. Shares of General Mills rose 2.5% on Wednesday in a down market. The increase to the company’s full-year earnings guidance (earnings were previously expected to be 2% lower to 1% higher y/y and are now expected to be flat […]
Grocery prices rose 8.6% year-over-year in February. As miserable as the overall 7.9% inflation rate was for most consumers in February, grocery inflation outpaced it, with its highest rate of price growth in 40 years. The February year-over-year increase in grocery inflation exceeded the 7.9% year-over-year growth in January and grocery prices were also up […]
Don’t fear flatbed shipments, give them a chance; Future of Supply Chain speakers; and the Port of Mobile gets a face-lift.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
FreightWaves is pedal to the metal for 2022, Russian cargo is no longer a concern for global shipping market, and port congestion might be easing, someday maybe.
In a letter to associates, PepsiCo CEO Ramon Laguarta said, “As a food and beverage company, now more than ever we must stay true to the humanitarian aspect of our business. That means we have a responsibility to continue to offer our other products in Russia, including daily essentials such as milk and other dairy […]
Air cargo is booming, Everest Transportation hasn’t missed a beat in Ukraine, and truck maintenance prices are climbing to new heights.
Will we see a depression in Russia, a recession in western Europe and slower positive economic growth in North America, or some other scenario? It’s not yet clear whether the Russia-Ukraine conflict will be impactful enough to drive a global recession, but the consensus is that the further rising prices of energy and agriculture as […]
Before getting into CPG news, I encourage readers of The Stockout to join us at The Future of Supply Chain event, which takes place May 9-10 at the Rogers Convention Centers in Northwest Arkansas. Keynote speakers include Arkansas Gov. Asa Hutchinson and Jonathan Hoffman, former chief Pentagon spokesman. The CPG industry will be well represented […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Requirements from the carrier point of view, Suez Canal tolls get a hike, and it’s time to renegotiate the West Coast Longshore and Warehouse Union contract.
Trips down memory lane provide clarity for newbies in the industry, Ukrainian workers’ absence sends shockwaves through the industry, and the People’s Convoy keeps on trucking to Washington.
Numerous multinational CPG companies are suspending or limiting production in Ukraine in an effort to keep employees safe. The major CPG companies that have announced they are limiting or suspending production and/or distribution in Ukraine include Nestle, Coca-Cola, Philip Morris and Mondelez. The same is true for global agriculture companies that have operations in Ukraine, […]
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
What it takes to get people and snow to the Olympics; the FMCSA tries to make things easier; and Mexico’s take on the cross-border vaccine mandate.
The Food and Agriculture Organization of the United Nations (FAO) Food Price Index averaged 135.7 points in January, 1.1 percent higher than December and the highest level in 11 years. Driving the latest increase were month-over-month increases in the FAO Vegetable Oils Price Index and the Dairy Price Index of 4.2% and 2.4%, respectively. Palm […]
