After two years of delays, automaker Tesla announced over the weekend the production of its first Cybertruck electric pickup at its factory in Austin, Texas. Tesla (NASDAQ: TSLA) tweeted on Saturday a photo of a Cybertruck with the message: “First Cybertruck built at Giga Texas!” Whether the achievement marks the kickoff of large-scale production of…
FreightWaves is hosting its next virtual event, the Enterprise Fleet Summit, on Wednesday. Enterprise trucking fleets exist in an increasingly competitive landscape, but also have more opportunities than ever before. As many fleets are adopting progressive technology strategies, this daylong virtual summit will examine the components of a successful enterprise fleet and will tackle the…
Teamsters General President Sean O’Brien said he doesn’t want the White House to intervene in contract negotiations with UPS Inc., saying, “We don’t need anyone getting involved in this fight.” In a Teamsters webinar on Sunday, O’Brien also said that it would take about three weeks for a tentative agreement to be reviewed and voted…
To view more FreightWaves infographics, click here The post Daily Infographic: Troops to Truckers appeared first on FreightWaves.
Amid a burgeoning price war, pessimism is growing in air cargo circles that a market in prolonged recession could drift further downward, after a short pause, reducing the chance of a modest recovery during the traditional preholiday shipping rush. Logistics professionals had hoped for an upturn by now that would steadily build into the second…