The nation’s largest truckload carrier, Knight-Swift Transportation, sees “over-the-road contract rate increases trending in the mid-teens” for 2021. However, tractor count and utilization will see some pressure as “sourcing drivers remains challenging.” The outlook was provided in the company’s second-quarter…
A review of Pilot Travel Center’s debt by the two largest debt rating agencies paint a picture of a company that is stable and in a strong position as the freight market continues to grow. While Moody’s made no changes…
Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI. The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city…
When was the last time you went to a shopping mall? Don’t remember? Well, you’re not alone. Malls have been on the decline since the turn of the century for a wide variety of reasons. Big department stores are closing…
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Monsoonal thunderstorms will continue to soak parts of the Desert Southwest through the weekend. This will help chip away at the drought, but the rain could be too much at once in some spots on any given day. Storms will…
Worldwide demand for logistics warehousing, already at elevated levels, will continue to surge at least through 2024 as more space will be needed to support growth in multiple industries, notably e-commerce, according to a survey published Wednesday by real estate…
They openly admit to hacking companies’ IT systems, stealing their sensitive data, and leaking it and putting it up for sale if they aren’t paid. But there are some red lines that the operators of the Marketo stolen-data marketplace say…
United Airlines (NASDAQ: UAL) impressed a year ago when cargo sales jumped 36% during the early stages of the COVID pandemic. That was merely a warmup for the 2021 second quarter when the passenger carrier more than doubled cargo revenue…
This is an excerpt from Medically Necessary, a health care supply chain newsletter. Subscribe here. The news: The Department of Health and Human Services, with assistance from an Air Force team, is researching ways to expand domestic production of nitrile gloves…
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