United Airlines to raise $1 billion in stock offering Industry News United Airlines to raise $1 billion in stock offering United Airlines is getting $9.5 billion in U.S. government aid, but it still needs more…Gemini Shippers GroupApril 22, 2020
Charger Logistics taps Istobal for truck washing solutions Industry News Charger Logistics taps Istobal for truck washing solutions Charger Logistics recently became one of the first U.S. companies to install an HW’Intrawash autonomous…Gemini Shippers GroupApril 22, 2020
Amid a pandemic, Amazon pivots — and profits Industry News Amid a pandemic, Amazon pivots — and profits “Everybody in the last-mile delivery business better watch out, because Amazon can make them unnecessary.”Gemini Shippers GroupApril 22, 2020
FreightWaves 2020-04-22 06:30:00 Industry News FreightWaves 2020-04-22 06:30:00 Gemini Shippers GroupApril 22, 2020
TFI lays off 1,600 as it hunkers down for COVID-19 Industry News TFI lays off 1,600 as it hunkers down for COVID-19 Canada’s largest transportation company reveals cutbacks as it reports a 16% jump in profits during…Gemini Shippers GroupApril 21, 2020
Fear of missing out? Daimler and Volvo form fuel cell joint venture Industry News Fear of missing out? Daimler and Volvo form fuel cell joint venture Daimler Trucks and Volvo Group, two truck makers lukewarm on hydrogen fuel cells, hedge their…Gemini Shippers GroupApril 21, 2020
Diesel’s price decline Tuesday was historic; crude’s fall sets another record Industry News Diesel’s price decline Tuesday was historic; crude’s fall sets another record For ULSD, it’s the biggest “peacetime” decline ever.Gemini Shippers GroupApril 21, 2020
Manhattan Associates sees supply chain investment continuing through the downturn Industry News Manhattan Associates sees supply chain investment continuing through the downturn Manhattan Associates first quarter was well ahead of expectations. Management lowered guidance, but believes that…Gemini Shippers GroupApril 21, 2020
COVID-19 diagnosis confirmed, trucker urges sick drivers to get tested Industry News COVID-19 diagnosis confirmed, trucker urges sick drivers to get tested Canadian truck driver Nicole Folz learned that she tested positive for the novel coronavirus two…Gemini Shippers GroupApril 21, 2020
Canadian Pacific’s first-quarter net profit falls 6% Industry News Canadian Pacific’s first-quarter net profit falls 6% The railway’s first-quarter net income slipped on higher income tax expenses. But total revenue rose…Gemini Shippers GroupApril 21, 2020