In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
AI agents are loud. Levity’s automation gets things done. Learn why freight ops need workflows, not hype.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
Tesla unveils plans for a massive Semi factory, aiming to produce 50,000 electric trucks annually. But with only 140 built so far, can they catch up to diesel dominance?
Tesla's gearing up for a big leap in electric trucking. While some are not so convinced. Here's what we know so far:
Semi Factory progress and render of final building. The @Tesla construction team is awesome. pic.twitter.com/HyPSvxJd19
— Dan Priestley (@danWpriestley) July 26, 2024
While, Dan Priestley, head of the Tesla Semi program is excited for the development of this new factor, freight guru Craig Fuller is a believer of EV technology in the future, but cites that that time is still a ways away, especially with such a limited amount of Tesla's trucks in operations. You can here his full tweet here:
Only 140 Tesla Semis have been produced and less than 100 of these currently haul freight - primarily for Tesla itself.
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) July 28, 2024
The largest third-party customer for the Tesla Semi is Pepsico, which currently runs 36 in California. The State awarded Tesla a grant to operate a 100%… https://t.co/DpVFcAUGAh
PepsiCo's experience with Tesla:
"In the long term, EV technology will be more dependable, but we are still ways out," Craig Fuller says.
Tesla's ambitious, but progress is slow. The Semi Factory could be a game-changer, but it's facing an uphill battle in a diesel-dominated industry.
Source: Electrek | Craig Fuller |Dan Priestley
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
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