Trucking

Seth Holm Friday, September 27, 2019

New truck orders running below replacement demand should boost carrier profits in 2020

The Seasonally Adjusted Annual Rate (SAAR) for new Class 8 truck orders in 2019 is trending at approximately 150,000. Note that this number includes orders for interstate, intrastate and private fleets. We estimate total replacement demand in the neighborhood of 250,000 to 300,000 trucks annually based on there being roughly 1.6 million total for-hire tractors in […]

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Noi Mahoney Thursday, September 26, 2019

Amazon buys tech firm INLT to help online merchants with cross-border trade

Amazon.com recently acquired cloud-based startup INLT, a move designed to simplify importing goods into the United States for Amazon’s online merchants, according to Reuters. INLT, which the company said stands for IN:LET, makes software for merchants to manage the costs of customs clearance on cross-border shipments. Terms of the acquisition, which was announced Sept. 24, were not […]

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