Legislators, Industry Leaders Agree Collaboration Key to Driverless Vehicle Adoption
It's no secret that self-driving vehicles are a thing.
A Surprising Collaboration for Walmart — Great Quarter, Guys
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Embark Trucks Tallies 14,200 Prelaunch Reservations for Driverless Software
SPAC-sponsored autonomous trucking software developer Embark Trucks expects to exceed its first-year revenue target based on 14,200 reservations it has collected from partner carriers including Knight-Swift and Anheuser-Busch.
September Cass Data Underscores Stalled Shipments; Expenditures Surge
September data from Cass Information Systems showed shipments fell victim to supply chain and capacity constraints while expenditures, a proxy for pricing, surged forward.
September Container Volumes Near 2021 Highs at Port of Virginia
The Port of Virginia in Norfolk handled more than 306,000 twenty-foot equivalent units in September, the third month in 2021 that volumes exceeded 300,000.
Walmart Boosting Off-Peak Container Processing in LA by Up to 50%
Big-box retailers including Walmart, along with FedEx (NYSE: FDX) and UPS (NYSE: UPS), have detailed
Superhot Airfreight Market Leaves Shippers In the Cold
Importers and exporters should brace for the pandemonium roiling the ocean freight sector — where container shipping delays and prices are at all-time highs — to wash over the air cargo market this month.
New Management of GXO Stops Into an Online Forum to Tell Its Story
When GXO was spun off of parent company XPO in August, its new management team faced a task that was possibly the biggest of all: introduce itself to the investment community and answer the question of just who this company was and what it did.
DoorDash Announces $1M Disaster-Relief Grant Program for Restaurants
Verde Mexican Rotisserie, located in South Lake Tahoe, California, brings in about $100,000 per month in restaurant sales. The popular Mexican restaurant is one of the many businesses that had to shut down in August as the deadly Caldor fire swept across the state.
Halloween Has Gone Online: E-Commerce Sales to Reach Nearly $3B in 2021
Like the rest of the economy, Halloween has moved online.