A penny stock wiped $4.8B off C.H. Robinson's market cap yesterday. Plus: self-driving trucks are now running 1,000 miles nonstop, STG Logistics cleared a major bankruptcy hurdle, the FMCSA revoked nine ELDs, and more.
For a long time, secure parking lived in the “nice-to-have” bucket. That framing no longer works. In today’s environment, secure parking functions as a preventative security layer.
Here’s what’s trending across freight and logistics on X, LinkedIn, Reddit, and YouTube.
The beer industry, led by Anheuser-Busch InBev, demonstrates resilience in the face of global supply chain challenges, thanks to its localized sourcing and production approach.
These arteries enable the rapid, reliable distribution that modern trade necessitates, from perishable goods to essential industrial components.
President Biden attributes strengthened supply chains and reduced backlogs to his economic plan. Yet, industry insiders counter that the alleviation of bottlenecks results from a dire freight recession, not policy success.
U.S. online sales hit a record $9.8 billion, up 7.5% from last year.
These giants command extensive supply chains, wield significant purchasing power, and set trends that influence logistics.
America will see around 50+ million turkeys sold over the Thanksgiving weekend, spending more than $1 billion.
Explore how the NY Fed's Global Supply Chain Index hit a 26-year low, signaling eased logistics and potential shifts in the trucking industry.
Clorox faces a disruption in production due to a cyberattack, leading to product shortages.
Dollar General plans to expand its private fleet to over 2,000 tractors by the end of 2023, aiming to reduce transportation costs and enhance supply chain control.
American manufacturing is making a comeback, but it's not all smooth sailing. As domestic production grows, what's the impact of more active labor unions and strikes?
Unprecedented drought conditions at the Panama Canal are affecting global trade, with delays and disruptions signaling a need for adaptive strategies.
PepsiCo invests $175 million in Instacart amid the e-grocery boom. As Instacart files for an IPO, the future of grocery retail might be on the brink of change.
Join over 14K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
