The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, YRC Worldwide didn’t just announce earnings on Monday, it announced a host of changes. Plus, Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.
YRC making changes
Less-than-truckload carrier YRC Worldwide (NASDAQ: YRCW) announced a bunch of changes in its third-quarter report — likely none bigger than its draw on the second tranche of a $700 million Treasury loan.
Todd Maiden has more on the changes: YRC rolls new name, fleet, CFO, board seats into Q3 report
Landstar CFO steps down
Landstar System Inc. (NASDAQ: LSTR) announced the resignation of its CFO on Monday, effective immediately. Kevin Stout rose through the ranks of the company, taking over as CFO in 2014.
Todd Maiden has more on the sudden departure: Landstar CFO steps down
FreightWaves LIVE @HOME kicks off Thursday
FreightWaves LIVE @HOME kicks off on Thursday with a focus on technology and the disruptions the supply chain has battled throughout 2020.
Brian Straight has a look at that and a lot more that will happen during the event: Disruption, technology and more to highlight FreightWaves LIVE @HOME
Going my own way
Pfizer has said it will bypass the U.S. government’s approach to distributing a COVID-19 vaccine and handle distribution itself, although there are some concerns.
Eric Kulisch explains what Pfizer is worried about: Pfizer to bypass US government system for COVID vaccine distribution
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The Transportation Intermediaries Association says that carriers already have access to the information they are seeking from brokers, and any new transparency rule addresses a market that no longer exists.
John Kingston explains TIA’s thinking: TIA: Market conditions that created broker transparency rule no longer exist
Hammer down, everyone,