Your cash will pile up as the year goes on. More cash is coming next year. Your debt is already low. What will you do with all of this money you’re raking in? That question is music to the ears…
(Editor’s note: adding statement from Pilot Flying J) A day after Colonial Pipeline said there was light at the end of the tunnel for the line’s closure due to a cyberattack, the impact of the shutdown on the ground is…
As the equity indexes declined on Tuesday, two freight indexes contained in SONAR were up sharply after incorporating data from the past week: the national dry van and reefer spot indexes. That prompts the question: What happened to the freight…
As the first autonomous trucking software company to go public, TuSimple Holdings is earning Wall Street credibility. Most analysts offer positive commentary on the 5-year-old startup. They appear fixated on the company’s plan to remove the driver from Class 8…
PTCD is sponsored by Surge Transportation. Surge Transportation is the fastest growing 3PL in the logistics space today. Based in Chicago and Jacksonville, they offer unrestricted access to almost all accounts, limitless territory, and a chance to be a key…
Transmission is sponsored by AIT. Most automakers rely on “just-in-time” manufacturing to optimize production. That model requires precise coordination throughout every link in the global supply chain. And that’s where AIT Worldwide Logistics comes in. AIT’s automotive logistics professionals are…
Learn more at SONAR.FreightWaves.com
The U.S. Department of Transportation (DOT) is assessing whether American tankers can meet emergency fuel demands caused by the Colonial Pipeline shutdown or if foreign ships will be needed to help fill the gap. “The Biden-Harris administration is continually assessing…
Zencargo, a U.K.-based digital logistics company, announced on Monday that it has raised $42 million in a Series B round led by Digital+ Partners with participation from existing investor HV Capital. The company has raised a total of $66.4 million…
Rite Aid (NYSE: RAD)has joined the race for same-day delivery dominance, striking a deal with DoorDash (NYSE: DASH) to provide delivery of nonprescription health, convenience and wellness products. The items can be ordered through the DoorDash app or website for…
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