Surging investment in Mexican logistics warehouses only the ‘first wave’

Logistics real estate operator Prologis said it is seeing markets tighten significantly in Mexico as companies advance supply chain initiatives and move manufacturing closer to the end user. A Tuesday report on nearshoring showed net absorption — the amount of space that became occupied minus the space that became vacant — in Mexico’s six major…

Critical vote count due in Nikola’s bid to stay in business

Will Nikola Corp. shareholders vote to dilute the miniscule and still falling value of their shares by agreeing to double the number of authorized shares? Regardless of the outcome of Proposal 2 due Wednesday, Nikola pledges to keep trying. And it might get its way regardless. Nikola (NASDAQ: NKLA)  and needed more than 50% of…

Frayt survey shows last-mile services help shippers stand out

The results of a recent survey of 95 supply chain professionals by on-demand delivery platform Frayt reinforced the notion that providing seamless last-mile service helps shippers stand out in a competitive marketplace. Related article: Frayt raises $7M to expand Midwest last-mile services “Seventy-nine percent of respondents considered last-mile services very or extremely important to providing…

The fastest podcast in freight, bathroom bills and peak season slumps – WTT

On today’s episode of WHAT THE TRUCK?!?, Dooner is talking to Clean Harbors’ Cody Bolick and F2F Transport’s Chris Gonzalez about the NASCAR race to declare the fastest team in freight. We’ll recap our NASCAR Racing Experience event at the Atlanta Motor Speedway and talk about their views on freight. Zuum CEO and founder Mustafa…

Pay protection aids Heartland’s driver retention, execs say

NEW YORK — Driver retention across the trucking industry has become a lot easier with rates falling and some independent drivers headed toward the safety of employee status, but Heartland Express executives used the occasion of an industry conference to boast about their financially driven program to keep drivers in the fold. At the UBS…