Hazmat, oversize, and heavy-haul freight pay premium rates but demand precision. GenLogs is providing real-time data to help brokers find compliant carriers and thrive in specialized freight markets.
On Friday, we hosted FreightCaviar’s very first Ultimate Freight Meme Competition. The panel of judges consisted of Will Jenkins,
Plus: An English-only CDL bill picks up steam, net details on FMCSA's broker crackdown, a Mexico tariff workaround, and more in today's newsletter.
No matter the outcome of the auto labor disputes, Tesla seems poised to come out on top.
Amidst the turbulence of labor disputes shaking the auto sector, one name sails smoothly ahead: Elon Musk's Tesla. This electric car pioneer isn't just skirting the storm; it's leveraging the chaos to its advantage.
Efficiency Over Tradition:
While heavyweights like GM, Stellantis, and Ford grapple with hourly labor costs around $66, Tesla operates at a sleek $45. A potential UAW strike could drive Detroit's Big Three labor costs to a staggering $136 per hour, making Tesla's edge even sharper.
Playing It Smart:
With their cost benefits, Tesla has tactically slashed vehicle prices, further enticing consumers. The result? A 20% jump in Q2 profits, despite price cuts, solidifying its market share in the EV segment.
UAW's Stance
Source: Morning Brew
#BigThree CEO"s need to settle with the @UAW and set about leveling the playing field with Tesla, not take it out on their work force @RBReich. If #BigThree CEO's cause the unionization of Tesla's operations, they create a level playing field, one in which they can compete. https://t.co/MlUX1xu4xX
— jthomascrowne.com: The View From Here (@40ford2) September 20, 2023
FreightWaves data shows truckload haul lengths hit an all-time low of 522 miles in August. With shorter hauls, EV adoption becomes more practical, adding a new dynamic for freight brokers.
Tesla and Uber Freight launch a new program pairing subsidies and dedicated freight for the Tesla Semi, aiming to cut costs and accelerate electric truck adoption ahead of 2026 production.
Daimler shifts EV truck focus to Europe, citing U.S. regulatory issues and stronger EU support for zero-emission transport.
ArcBest’s Tesla Semi test hits 1.55 kWh/mile, showing battery-electric trucks may be ready for regional freight operations.
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