Bank of America

On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.”

Josh Smith, vice president at Variant and over-the-road operations at U.S. Xpress, spoke to FreightWaves about the Variant program and how technology and operations are vital to success in trucking.

Most of the commentary from management teams is pessimistic about the macroeconomy.

Analysts from J.P. Morgan and Bank of America warned of an impending disaster for U.S. imports.

FreightWaves founder and CEO Craig Fuller analyzes truckload contract rates and where they may be headed.

Freight demand trends in a softening market continue to be bifurcated with large fleets remaining unscathed so far.

Concerns on declining demand and falling freight rates prompted Bank of America to issue ratings downgrades for multiple transportation stocks.

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The fintech company is tapping into a nationwide payments system infrastructure to get gig workers paid within seconds.

Americans were expected to divert disposable income away from goods as the economy reopened to travel, lodging and entertainment. It isn’t happening, most observers say, and the supply chain implications are profound.

JD.com’s logistics spinoff is rumored to list in Hong Kong by the end of the month.

SpaceWaves: Bank of America’s Ron Epstein talks the true value of the space market  Andrew Cox and Seth Holm wrap up SpaceWaves with a special edition of Great Quarter, Guys.  Keeping the “You care or nah?” segment short Thursday with only four topics, the guys actually care about every single one. Momentous announced it will […]

Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.

More funds for loans could help protect small and midsize carriers from layoffs.

Like Lyft, Uber is also decentralizing car-sharing in an effort to defy categories and shift user perception.

Crytpcorurrencies got three mentions in Bank of America’s 10-K. Is that a big deal?