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The Daily Dash: Some advice for Pete Buttigieg; Strong earnings season continues

Looking back at Jeff Bezos’ legacy and how Amazon redefined logistics

Infrastructure investment was a popular suggestion from the FreightWaves staff to new Transportation Secretary Pete Buttigieg. (Photo: Jim Allen/FreightWaves)

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, FreightWaves’ editorial staff offers up suggestions for new U.S. Department of Transportation Secretary Pete Buttigieg. Plus, a number of companies released strong earnings in the past two days, including Echo Global Logistics and Old Dominion Freight Lines, and looking back at Jeff Bezos’ logistics legacy.

Welcome, Secretary Pete, here are a few ideas to get you started

Pete Buttigieg has taken over as U.S. Department of Transportation secretary, and now FreightWaves’ staff is filling his to-do list.

Read the staff’s suggestions: Hey, Secretary Pete, got a minute?

Easy beat

Echo Global Logistics (NASDAQ: ECHO) easily beat Wall Street estimates for its Q4 performance on a 41.9% revenue increase.

John Paul Hampstead has more on the numbers: Echo Global Logistics beats earnings estimates on strong volumes, rates

Record quarter for Old Dominion

Less-than-truckload carrier Old Dominion Freight Lines (NASDAQ: ODFL) posted a record fourth-quarter operating ratio in the final three months of 2020, with solid increases in revenue and operating income.

John Kingston digs into the numbers: Old Dominion’s OR record for Q4; revenue and income up

Master logistician

Jeff Bezos has created an outsized legacy through his success at Amazon, but the e-tailer’s logistics operation may be his defining moment.

Mark Solomon looks at Bezos’ legacy: Jeff Bezos’ logistics legacy

Stories we think you’ll like:

Volvo Group reports lower 2020 sales but strong profit margins

Cummins beats on sales and earnings thanks to China recovery

newtrul raises $2.25M to become ‘Expedia’ of logistics marketplaces

Logistics property rents step higher amid pandemic — Prologis report

Wabash National refocuses business on cold chain and e-commerce

SmartHop gives small trucking companies seat at table — and above-market rates

Logistics orchestration platform scores $60M in funding

WorkStep lands $17 million to facilitate industrial staffing process

Did you miss this?

Daimler AG (OTC: DDAIF) plans to create a separate company for its Daimler Truck business that would focus on zero-emissions vehicles and software that could lead to autonomous trucking.

Alan Adler has the details: Daimler will create stand-alone truck business

Hammer down, everyone,

Brian Straight

Managing Editor

Click for more FreightWaves articles by Brian Straight.

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Brian Straight

Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler. You can reach him at [email protected]