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
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
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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,