The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Landstar is the latest carrier to predict a strong fourth quarter following its third-quarter earnings results. Plus, M&A activity could be hitting the brakes and a truck driver is charged for driving into a crowd of protesters on I-35.
No slowing this carrier
Landstar System Inc. (NASDAQ: LSTR) executives see no slowing of the current market and are predicting a near-record fourth quarter as peak season kicks in.
Todd Maiden has details on the company’s financial position: Landstar eyes record in fourth quarter
The COVID-19 pandemic has not impacted freight as much as feared, but it is putting a damper on deal-making.
Mark Solomon explains why: COVID-19 travel curtailments major block to robust 3PL M&A in 2021
Forward Air pre-announces its Q3 earnings, expecting earnings per share of 60 cents, well ahead of analysts’ expectations.
Todd Maiden has details on how big the beat will be: Forward Air pre-announces Q3 expectations well ahead of consensus
Truck driver charged with felony
A truck driver who drove into protesters on I-35 near Minneapolis on May 31 before being dragged out of his cab and beaten has been charged by police.
Clarissa Hawes details the charges the driver faces: Investigators charge trucker who drove through protesters on I-35
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Did you miss this?
Autonomous truck startup Aurora has been testing its Class 8 vehicle in Texas, but even as it has been doing that, it’s also been building out an impressive executive team.
Linda Baker has more on the newest executives: General Motors, Lyft and Cray execs join Aurora
Hammer down, everyone,