The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Walmart has announced an aggressive plan to eliminate diesel from its trucking fleet by 2040. Plus, California is moving to ban the sale of fossil fuel-powered vehicles and Covenant previews a strong conclusion to 2020.
So long, diesel
Walmart has announced an aggressive sustainability plan to eliminate diesel from its national trucking fleet by 2040. A document suggests zero-emission fuels and electrification could be options.
John Kingston explains how Walmart might achieve this goal: Walmart’s goal for its trucks: No more diesel by 2040
California to ban gas automobiles, put restrictions on trucks
California Gov. Gavin Newsom has banned the sale of fossil fuel-powered cars starting in 2035. But he also ordered medium- and heavy-duty trucks to be zero-emission by 2045 where feasible.
Linda Baker has more on what this means: California governor bans sale of fossil fuel-powered cars starting in 2035
Green skies ahead
An improving freight environment and settlement of a dispute over the sale of its TFS factoring unit have given Covenant a hopeful outlook heading into the fourth quarter.
John Kingston looks at the company’s financial outlook: Covenant follow: Strong third-quarter freight market will mean significant improvement in company’s OR
A data goldmine
On the surface, Walmart’s interest in TikTok seems curious. But, when you look at the data goldmine that TikTok has amassed, there is some real e-commerce potential inside for Walmart.
Vishnu Rajamanickam explains: Why the Walmart-TikTok partnership signals the future of e-commerce
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Did you miss this?
If you want to learn about the trucking industry, there is no better place to be than a truck stop. Convoy CEO and co-founder Dan Lewis said he spent a lot of time at truck stops, warehouses and elsewhere before building his company.
Noi Mahoney explains what Lewis learned: Convoy CEO: Things I learned at warehouses and truck stops
Hammer down, everyone,