PepsiCo

Two large private carriers are set to combine in a $2 billion deal that rebalances the food and beverage distribution landscape.

Few shippers understand the trucking business like Pepsi.

Capitol Hill hearing took on lease-purchase agreements, truck size and weights

Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.

Information about that data is more needed; box moves strong at Port of Los Angeles, but peak season in rearview mirror.

With the ongoing, high-profile negative news surrounding Tesla, there is still interest in the company’s electric semi. Albertsons Companies, which operates well-known food and drug retailers across the country, has purchased 10 Tesla Semi all-electric trucks.

In her final conference call as CEO, PepsiCo’s Indra Nooyi presented their third-quarter results, once more pointing to transportation costs that threatened to eat into profits.

BNSF announced that former chief executive Matthew Rose will retire from a his role as executive chairman of the largest freight railroad in the U.S. effective next April, and more in Today’s Pickup.

Transpacific container rates continue to gain momentum; UPS files blockchain patent applications; Uber is uncertain about self-driving cars; Elon Musk doubles-down on ‘no sleep’; cautious optimism for US-China trade talks lifts equities markets; container lines expect profits in the back half of 2018.

PepsiCo announced today that it will take over Israel-based SodaStream known for its DIY seltzer makers, in a deal worth $3.2 billion.

The myth of the 10-mpg truck has been proven wrong thanks to a group of seven drivers with seven differently equipped tractor-trailers driving for seven different companies.