Amazon just became a direct rival to the biggest names in parcel, freight, and 3PL services. Plus: shippers are paying a lot more, your carrier check may be passing thieves through, a $4M cargo theft recovery shows what's possible, and more.
"I think this is just one more way that you can go about finding quality capacity to better run your operation.”
A 20-year veteran of the freight industry, with 60k TikTok followers, argued that small carriers can't survive without brokers. Plus: the FBI's PSA, Steam Logistics sues two of its own, Ohio Turnpike comes for 315 carriers, and more.
Elon Musk tweeted over the weekend that a fully loaded Tesla Semi truck completed a 500-mile trip at a total weight of 81,000 lbs.
Nikola, Mercedes, Daimler, and Volvo have not reached that milestone yet. Tesla’s achievement comes just a few weeks after Volvo’s Renault Trucks taunted Musk and his company for failing to deliver on past promises. Tesla’s pushed back its deal to deliver the first fleet of long-haul electric vehicles to PepsiCo by 2019 multiple times. The delivery of 15 Tesla Semi trucks is now set for December 1. It looks like it’ll finally happen.
That means they beat out Tesla by just a week. It’s great to see a little friendly competition because it helps drive innovation in the sector.
Once Pepsi receives its promised first delivery, there are hundreds more Tesla Semis on order. Companies like UPS and Walmart are waiting for their fleets, too.
Learn how freight brokers can source vetted carriers faster using real lane activity, invoice-backed rate intelligence, and proactive fraud monitoring through OTR Select
Plus, STG's path out of bankruptcy, Wyoming's "Truck Around and Find Out" operation, what "phantom capacity" means for Mexico lanes, and more in today's newsletter.
Plus, a cabless autonomous truck just raised $24M, non-domiciled CDLs rules need clarifying, CSX posts a 26% profit jump while watching the UP-NS merger closely, and more in today's newsletter.
Plus, USPS gives non-domiciled CDL carriers an 11-day deadline, the spot-to-contract spread starts squeezing 3PLs, Knight-Swift trims its Q1 guide but stays bullish, and more.
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