Fitness company Peloton plans to turn over all final-mile business to J.B. Hunt and XPO in the coming weeks.
Peloton stated it expects to incur $50 million in refund expenses from its treadmill recall. What will the logistics costs be?
The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides.
In today’s edition of The Daily Dash, freight rates jumped 12% to end 2020, and Amazon wants to help truckers build their own businesses. Plus, Knight-Swift acquires a technology company.
Demand for its products skyrocketed, but port congestion and freight capacity constraints have prevented their delivery, and now Peloton is spending $100 million to try and fix its supply chain.
In today’s edition of The Daily Dash, raising fuel taxes could be an option to pay for infrastructure, and a truck driver who faced a life-or-death decision on a bridge is rewarded for his choice.
The past 12 to 18 months have been nothing short of spectacular for Peloton. It has cemented itself as a prominent fitness brand with a base of fiercely loyal customers while growing revenues 233% yoy in Q3. But the company has outkicked its coverage and capped potential growth due to its supply chain constraints and lack of visibility.
Andrew Cox and Seth Holm explore the impacts of container shipping issues through Peloton’s experience.
Project will inform regulators on ADS safety rules.
Project considered critical to developing federal safety standards and guidelines.
