The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Werner executives said that weather will lead to lower Q1 earnings. Plus, J.B. Hunt and Google are teaming up for product development, and Walmart will invest billions to expand e-commerce.
Weather to take bite out of Werner’s earnings
Appearing at an investor conference, Werner Enterprises (NASDAQ: WERN) executives said the negative impacts from recent winter storms would result in a 3- to 4-cent hit to first-quarter earnings.
Todd Maiden has more on what Werner said: Werner says weather hits Q1 earnings; capacity ‘cavalry’ not coming
J.B. Hunt, Google join forces
J.B. Hunt (NASDAQ: JBHT) and Google (NASDAQ: GOOG) announced a strategic alliance that will combine Hunt’s data and Google’s artificial intelligence.
John Paul Hampstead has more on the agreement: J.B. Hunt partners with Google on technology, product development
Walmart investing more in e-commerce
Walmart Inc. (NYSE:WMT) said it will invest billions of dollars to expand its e-commerce capabilities.
Mark Solomon has more on Walmart’s earning call: Walmart girds for future while Wall Street sells off shares
Winter keeps coming
Winter weather continues to hamper supply chains around the country, with storms affecting the South and New England.
Nick Austin has more on the wild weather: Winter storms still stalling supply chains
Stories we think you’ll like:
Uber Freight loads now available in AscendTMS system
Kenworth delivers first — and last — natural gas-electric hybrid trucks
3 big truck stop chains detail diesel outages in Texas; prices up again
Reliance Partners acquires cross-border insurer Borderless Coverage
Locus Robotics bags $150 million in Series E funding
Blue-collar marketplace Shift One raises $5.2M in seed funding
AI breaking down silos and improving e-commerce experiences
FMCSA declares waiver for fuel haulers in wake of storm
Did you miss this?
Proposed federal guidelines to use hair testing as a means for identifying potential drug users may not go into effect under the Biden administration.
John Gallagher has more: Will Biden steer hair-based drug testing to the exit ramp?
Hammer down, everyone,
Brian Straight
Managing Editor
Click for more FreightWaves articles by Brian Straight.
You may also like:
The FreightWaves Top 10: Bankruptcies, capacity concerns, protests and Trevor Milton’s departure
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now