FreightWaves Wrap: Logistics industry looks at next steps in Hurricane Laura response
Thursday was quiet but heavy activity booking loads will begin quickly.
Thursday was quiet but heavy activity booking loads will begin quickly.
Demand headwinds will place “downwards pressure on revenue and earnings likely into 2021” for trailer manufacturer Wabash National. This was part of the rationale behind credit rating agency Moody’s lowering its ratings on the company.
Hong Kong-based 3PL’s warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
Carriers take no chances, shutting down stations as Laura does her business.
Never assume that your cargo policy is all-encompassing. Time and time again truckers learn far too late that their coverage form excludes their mainline cargo.
Truck stops using generators to reopen stores.
FreightWaves will provide SONAR, its freight data and analytics platform, free through 9/4/2020 due to Hurricane Laura.
Key ports and roads across the Texas-Louisiana Gulf Coast remain closed in the aftermath of Hurricane Laura.
Weight and permitting restrictions are part of Abbott’s order
Google, Ware2Go to provide free deliveries for end users clicking on Google merchant ads.
Mark Okerstrom says, “Though they are different in many respects, at their core both Convoy and Expedia are technology-enabled marketplaces.”
Hurricane Laura is closing in on the Texas-Louisiana Gulf Coast and is expected to bring extreme winds and a “catastrophic” storm surge of possibly 20 feet of water.
“The scope of methamphetamine abuse in the U.S. is on the rise,” said Andrew Douglas, port director for the Laredo port of entry.
The pandemic, trade war and a communication gap have muddled implementation of a $10-per-TEU surcharge.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
Triten Real Estate Partners acquires less-than-truckload terminal in sale-leaseback arrangement with XPO Logistics.
Schneider has announced it will test Daimler Trucks’ eCascadia electric truck while Navistar and Volvo Trucks ink deals to expand charging opportunities.
Just 3½ years after J.B. Hunt Transport Services purchased its first International LT Series on-highway tractor, the carrier has taken delivery of its 5,000th from Navistar.
In today’s edition of The Daily Dash, Schneider National, Navistar and Volvo Trucks North America all announced advancements to electric vehicle testing and charging networks. Plus, a warehouse robotics company and 3D additive printing firm land investment rounds.
In today’s edition of The Daily Dash, the third-quarter financial report from BMO suggests positive financial momentum for carriers, and a Tennessee freight brokerage continues record growth despite the COVID-19 pandemic.