Amazon imposes inventory-placement fees and low-inventory fees (Photo: Jim Allen/FreightWaves) For anyone involved with selling through Amazon, I recommend going through the latest newsletter published by Cartograph, a company that helps brands sell profitably on Amazon. I interviewed Chris Moe, Cartograph’s CEO, on past The Stockout shows. Those discussions impressed upon me that brands must…
On Episode 701 of WHAT THE TRUCK?!?, Dooner is talking to Glid Technologies founder and CEO Kevin Damoa about the world’s first road-to-rail autonomous solution. FreightWaves’ Alan Adler is fresh off a test ride in an Aurora autonomous truck. We’ll find out his impressions. We’ll also learn what goes down at GM’s fuel cell lab….
Wisconsin Gov. Tony Evers has vetoed a bill that would have put a $1 million cap on awards for non-economic damages, such as pain and suffering, in lawsuits stemming from commercial motor vehicle accidents. The trucking industry has pushed to limit damages in such accidents, citing nuclear verdicts in the tens of millions of dollars…
Flatbed operator Daseke ended its history as an independent trucking company Monday when its acquisition by Canada’s TFI International closed for $1.1 billion. The acquisition by TFI (NYSE: TFII) was announced Dec. 22. The share price for the acquisition was $8.30, after closing at $4.91 on Dec. 21. Daseke reported revenue of $1.57 billion in…
Eastbound trans-Pacific ocean container spot rates plunged again this week as container ship capacity on the trade lane recovers and volumes reset at a lower level than they were pre-Lunar New Year. The Freightos Baltic Daily Index spot rate for China to the West Coast of North America fell from $3,620 per forty-foot equivalent unit…