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Latest news (Page 146)
E-Commerce
Prime Day Earns Amazon $6.4bn in First 24 Hours
Amazon's Prime Day sees $6.4 billion in online spending in the first 24 hours, a 6% increase from last year, but falls short of growth predictions.
Newsletters
$100M Truck Stop Heist
Happy Hump Day. Well, unless you've just been robbed of $100M worth of jewelry at a truck stop.
Freight Market
Greenscreens.ai Top Lane Movers for July 12, 2023
Winners * Columbus, OH - Atlanta, GA with a 8.3% rate increase in the last 30 days. * Chicago, IL -
Trucking
Million-Dollar Jewelry Heist at California Truck Stop
A Brinks-hauled jewelry theft leads to lawsuits and accusations of undervalued goods.
Funny Emails
Dispatcher Tells The Truth, Brokers Appreciate It
Yesterday, we had a follower of ours on Twitter send us a photo of the excuse a dispatcher used in
Freight Broker
DAT Steps Up in Combating Fraud, Introduces New Tools to Bolster Security
DAT takes action against freight industry fraud with multi-factor authentication, educational resources, and enhanced security measures.
Freight Broker
Transfix Seeks Funding Amid Valuation Downturn
Transfix struggles to raise $50M Series F at 60% reduced valuation, amid weak freight market conditions.
Freight Broker
Redwood Logistics Acquires Rockfarm Supply Chain Solutions
Redwood Logistics expands customer base and geographical reach with acquisition of Rockfarm Supply Chain Solutions.
Shippers
Potential UPS Strike: What It Means For Consumers
A potential UPS strike threatens significant disruptions in US deliveries and e-commerce. Impacts include slower delivery times, supply chain issues, and raised shipping costs.
Shipping
Blank Sailings at Lowest Since Pandemic, Shipping Normalizes
Ocean shipping sees blank sailings drop, indicating market normalization. This signals more deployed capacity, but potential disruptions remain.
Manufacturing
Foxconn Withdraws from $19.5B Vedanta Chip Plan: A Blow to India's Chipmaking Ambitions
Foxconn's withdrawal from a joint semiconductor venture with Vedanta marks a significant setback to India's chipmaking goals. This move questions the success of the 'Make in India' initiative and could impact future foreign investments.
Trade
China's Economy Stumbles: What It Means
China's economic woes are compounding, with its consumer spending, property market, and exports hitting roadblocks. We dive into the challenges that China's economy faces and the potential global impact.