Big business bullish on infrastructure in 2021
The U.S. Chamber of Commerce is optimistic for a Phase 4 COVID relief bill signed by the end of the year.
The U.S. Chamber of Commerce is optimistic for a Phase 4 COVID relief bill signed by the end of the year.
Electric delivery van maker Workhorse Group draws tough questions from analysts following battery supply issue and lack of deliveries to UPS.
Delta took pains to remove seats from a large jet so it could carry more cargo — and eight weeks later permanently parked the airplane.
Workhorse Group said 36% of its production staff is sidelined by the COVID-19 virus or awaiting test results. The company ditched its projection of building 300-400 electric delivery vans by the end of the year and badly undershot Q3 sales and earnings projections.
Executives from Horizon Fitness, Estes Forwarding Worldwide and The DDC Group talk during FreightWaves LIVE @HOME about keeping up with the trend of online ordering and home delivery.
Wabash National saw a 37% surge in its backlog of trailers to build from the second to the third quarter as record orders piled in. Third-quarter margins declined but the trailer and last-mile equipment builder was profitable.
Leveraging more advanced data accuracy tools and processes, shippers and CPGs achieve a higher level of on-time performance by making more informed decisions in real time.
Mehta and Sweat are keeping a step ahead of the evolving supply chain startup market.
FDA approval is only the first step in the process.
China still holds the title of the world’s manufacturing floor, but business challenges are leading more companies to source production in other countries.
“Regional carriers often step in to fill those critical gaps,” said Elizabeth Elkins.
Initially, ITG’s impulse was to build its own IT infrastructure and software tools.
A FreightWaves survey of top election issues as viewed by motor carriers found the economy top of mind ahead of Tuesday’s election. Taxes and regulations tied for second.
Air freight demand for COVID-19 vaccines will be massive, according to the International Air Transport Association (IATA).
Airlines have cut costs to the bone to survive the COVID pandemic. Shrinking the bone — maintenance, airport fees, labor and aircraft rent — is more difficult.
The Q3 pattern for truck makers continued at Daimler Trucks with orders recovering dramatically from the second quarter but sales and earnings trailing because deliveries fell due to the pandemic.
Automated storage and retrieval systems are making the move into cold-storage real estate.
FEMA is trying to plan ahead for supply chain bottlenecks related to pandemic response and says it needs private sector help. New antitrust immunity on information-sharing should help.
The U.S. is experiencing an import surge.
The top 25 freight forwarders are now only winning 30.5% of the freight they bid on, as opposed to their previous rate of 53.3%.