In 2020, Amazon nearly doubled: its workforce, its number of facilities and its logistics square footage. In 2021, it plans to double its truckload fleet.
After problems with the Johnson & Johnson and AstraZeneca vaccines, Europe plots a new course. Also, Johnson & Johnson leaders are optimistic about vaccine despite setbacks.
Tuesday morning there was big news out of the rail industry: Canadian National Railway (CN) made a stronger offer to acquire the Kansas City Southern (KCS) Railway than what Canadian Pacific (CP) and KCS agreed upon. Whether a deal closes, and between which railways, remains uncertain, but in this edition of The Stockout, I discuss […]
Electric vehicles are being manufactured around the globe, but automakers are making moves that will mean production is a bit more localized in the future. GM’s big battery plant announcement in Tennessee follows one from Volkswagen a few weeks ago about European plants. It’s not that everything used in tomorrow’s EVs will be locally sourced, […]
Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking industry.
In today’s The Stockout, I discuss first-quarter earnings reports from Pepsi and L’Oreal. L’Oreal, in particular, has a lot of momentum of late with shares reaching all-time highs as investors seem to be intrigued by investing in cosmetics as a play on life returning to normal and the burgeoning Chinese middle class. Meanwhile, Pepsi’s results […]
J&J’s shot makes up a small portion of the vaccine campaign in the U.S., so the impact should be small.
It’s a good day to breathe a bit easier. The number of all-electric trucks headed out to make local deliveries is growing. Whether you’re in Southern California or a major Canadian city, all-electric trucks will be coming your way by the end of 2022, with some going into service by this fall. Volvo announces largest-ever […]
The number of biologic drugs and gene therapies is growing, and logistics companies are increasing their capacity for temperature-controlled transportation to support them.
Most public CPG companies are in their quiet periods ahead of earnings. But there were still significant developments with the CPG companies that are not (yet) public. There is a report that Impossible Foods plans to go public either through an IPO or SPAC sometime later this year and The Honest Co., which was founded […]
We are learning a bit more about Monday’s meeting between the Biden administration and numerous companies, specifically the list of attendees. At least two large automakers — Ford and GM — will be involved, and Alphabet, AT&T and Samsung will join Intel on the list of tech companies represented. We also know that the virtual […]
Improvements will come in the form of more ship-from-store, but mainly more ship-from-dark-store as retailers realize the unnecessary complexity of the method and seek to transform more stores into localized fulfillment centers.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
When we look back at the COVID era, we will remember stockouts of toilet paper, cleared-out grocery store shelves and the impossibility of getting the latest video game console because of the semiconductor shortage. Today, consumer goods are still serving as a reminder that COVID is not fully behind us. Just as there are still […]
Drug shortages have plagued the U.S. for years, but the scarcity of certain drugs during the pandemic energized some experts to renew efforts to address the problem.
You know that your corner of the automotive industry isn’t exactly niche anymore when mainstream media outlets start encroaching on the topic.
This clever twist on micro-fulfillment centers offers a futuristic model for urban retailing and fulfillment. And it comes as companies test out a bevy of automated, unmanned service models, from dark stores to drones and autonomous delivery fleets.
Armed with more data and real-world examples, some public health officials are renewing their calls to delay second doses
In today’s edition of The Stockout CPG-focused newsletter, I discuss a company that has been dealing with exactly that — stockouts. McCormick & Co., the world’s largest spice company, reported earnings last week (for its first quarter ending Feb. 28) and provided an outlook that was favorable, boosted by continued elevated levels of at-home consumption. […]
There continue to be concerns about when these new orders will be prepared, as many truck manufacturers continue to deal with semiconductor shortages.
