Trevor Milton, founder and former chairman of Nikola Corp., was handed down three federal fraud charges Thursday morning for his alleged involvement in misleading investors and retailers about Nikola’s true equipment capabilities. On this episode of Freightonomics, Zach Strickland and…
The marketing dark funnel is a complex topic. Marketers use this term to refer to the ways content is spread that can’t be measured by metrics, like direct messaging, texts and email threads. The dark funnel is the main topic…
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In 2020, a wave of businesses started manufacturing personal protective equipment to make up for severe shortages. As demand for PPE has declined, many of those small businesses are now close to shutting down. Matt Blois talks to Brent Dillie,…
The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Purchasing ocean…
Amazon.com Inc. fell short of median revenue estimates in the second quarter as more Americans got vaccinated, returned to stores and generally spent less time shopping on their devices. The world’s largest e-tailer reported diluted earnings per share of $15.12,…
Werner Enterprises posted second-quarter adjusted earnings of 86 cents per share after the close, in line with consensus estimates and 20 cents better than the year-ago quarter. Total revenue increased 14% year-over-year to $649.8 million for the quarter, boosted by…
In a record-setting quarter, Forward Air reported net income from continuing operations of $1.11 per share Thursday after market close, easily exceeding the consensus estimate of 96 cents and 78 cents higher than the second quarter of 2020. The Greeneville,…
Net profit for Hub Group in the second quarter of 2021 more than doubled amid “strong freight market conditions and continued growth with strategic customers,” the company said on Thursday. Second-quarter 2021 net income was $26.6 million, or 78 cents…
TransForce Group is tackling the driver shortage problem head-on through its nationwide CDL schools, annually graduating about 4,000 drivers, of which 70% are military veterans. Dennis Cooke, president and CEO of TransForce Group, joins DriverReach founder and CEO Jeremy Reymer…
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