"I'm more excited about the supply chain enabler side of it, that's actually building some of that tech to help brokers get more efficient, help shippers get more efficient, and help carriers get more efficient."
U.S. manufacturing construction hits $206B, with electronics, particularly semiconductors, leading at $113B annually post-CHIPS Act.
TFI International acquires Dahlsten Truck Line, expanding its Midwest operations with a seasoned carrier's fleet and load capacity.
Walmart notes changes in food purchases among users of the popular weight loss drug Ozempic, predicting broader market impacts.
Walmart U.S. CEO John Furner commented on a perceived shift in food buying patterns among consumers using weight loss drugs like Ozempic, observing a slight reduction in the overall food basket and calorie intake. As these appetite-curbing drugs gain traction, projections suggest that 7% of the U.S. population might use them by 2035. However, a counterpoint by @DisruptorStocks suggests that these GLP-1 drugs are being wrongfully blamed. They highlight that year-over-year volume changes in various food categories are down across the board, not solely due to appetite suppression in a segment of the population.
Source: Forbes & @DisruptorStocks
A problem in search of a solution that creates a unique new problem. My far out prediction: Ozempic causes a decline in grocery freight volumes. pic.twitter.com/CX2aiviLpd
— Thomas Wasson (@ThomasWasson7) October 5, 2023
GLP-1s like Ozempic and Wegovy are being used as a scapegoat for many industries.
— Disruptor ⚡️ (@DisruptorStocks) October 5, 2023
Don’t believe this Narrative.
Here are YoY volume changes of various food categories. As you can see they are nearly down Across the Board. This is not due to appetite suppression for a small… https://t.co/WERv9oNmmd pic.twitter.com/9iekpeX01q
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
The US labor market is showing signs of stabilization as the rate of voluntary job quitting approaches pre-pandemic levels and employers implement better retention strategies.
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