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FreightWaves

Sat, Jan 23rd, 2021
Transmission: Continental predicts software use in vehicles will rise to 40% by 2030

There’s a push for more digitization and a growing need for more software as more EVs emerge and more self-driving capabilities are added to cars. Automakers are finding themselves without the expertise...

Most recent FedEx pricing surcharges feel permanent

Retailers with physical footprints have been able to leverage new modes of fulfillment to pass increased costs associated with online delivery to consumers and their suppliers. But for digitally-native...

Truck driver honored for preventing potentially deadly crash

Trucker Morgan Kirkland after narrowly avoiding a head-on collision: “My worst fear almost came true, that I would die in this truck.”

Coronavirus challenges CSX’s fourth quarter

Elevated numbers of CSX employees who contracted COVID-19 or are in quarantine have resulted in operational challenges to the railroad in the fourth quarter and into 2021.

Kansas City Southern’s Q4 net income rises 30%

KCS’ fourth-quarter 2020 net profit was $165.7 million, compared with $127.2 million in Q4 of 2019.

Parade of snowstorms to march through Western states

Truckers will hit periods of heavy snowfall and gusty winds out West for the next week (with forecast video).

The Daily Dash: LTLs on the rise; strong freight fundamentals remain in place for 2021

In today’s edition of The Daily Dash, conditions remain favorable for LTLs and the overall freight environment. Plus, a new SPAC targets transportation companies in the heartland, and rising commodity...

DB Schenker lifts pause on truck trips to UK

There’s a steep learning curve for importers and exporters now that the U.K. is no longer part of the European Union. Botched customs forms are leading to freight backlogs.

White Paper: The Big Book of Shipper’s Links

The shipping business is tough. We could all use a tip, trick, and new set of tools to help us out. Here’s the 115 best websites, apps & FREE online resources every shipper needs to bookmark for 2021....

COVID outbreak could cripple California container ports

Nearly 700 dockworkers in California have COVID. Hundreds more are out due to quarantines. Pleas for fast-track vaccinations intensify.

Lore leaves unfinished business at Walmart

Walmart’s U.S. e-commerce chief, Marc Lore, departs with the company well positioned, but with a mixed bag of results.

WMT : 146.33 (+1.02%)
AMZN : 3,292.23 (-0.45%)
FDX : 254.08 (+0.06%)
SHOP : 1,196.70 (-0.12%)
HD : 284.00 (+1.77%)
Biden signs executive order to strengthen COVID supply chains

Biden’s executive orders address the COVID-19 supply chain and mask mandates among transportation modes.

Everything was bigger in fourth quarter for factoring business at Triumph

Fourth-quarter figures at Triumph were impacted by the third-quarter acquisition of Covenant’s factoring business.

Maersk Essen loses 750 containers, sails for Mexico

FreightWaves identifies importers who use the Asia-West Coast service.

CSX’s Q4 net profit roughly flat with last year

CSX’s fourth-quarter net income slipped 1% to $760 million amid a 2% decline in revenue.

Transfix launches TMS for small businesses

Transfix has released a transportation management system (TMS) for small and midsize shippers, continuing a trend in which digital freight brokers expand their reach with software targeting carriers and...

Congestion on the high seas — Midday Market Update

Kevin Hill and Michael Vincent give an update on the state of maritime freight ahead of the Lunar New Year holiday.

Instacart slashing workforce, including operation’s only unionized workers

Instacart is cutting approximately 1,800 in-store shoppers nationwide as it moves to a technology-focused “Partner Pick” model.

Buttigieg: Raising gas tax ‘on the table’ to pay for infrastructure

Pete Buttigieg weighs in on infrastructure, trucking regulations and the Jones Act during a three-hour nomination hearing.

Annual Clearinghouse queries are easier than you think

Reliance Partners’ John Seidl explains that managers can avoid pestering drivers for their signatures altogether by simply using limited queries for their annual Drug & Alcohol Clearinghouse checks.

Chart of the Day

Tata Motors Ltd (TTM)

The Barchart of the Day  belongs to the global auto manufacturer Tata Motors (NYSE: TTM ).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last...
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