Penske touts shorter term leasing deals in unusual public statement Industry News Penske touts shorter term leasing deals in unusual public statement Terms shorten to 3-4 years from 5-7 years.Gemini Shippers GroupApril 29, 2020
Pandemic environment to put Werner model to the test Industry News Pandemic environment to put Werner model to the test Favorable customer mix to make Werner’s truckload model a little more defensive through the downturn.Gemini Shippers GroupApril 28, 2020
To stanch ride-share bleeding, Uber looks to move packages, not people Industry News To stanch ride-share bleeding, Uber looks to move packages, not people The move comes as companies race to ramp up last-mile delivery in wake of coronavirus…Gemini Shippers GroupApril 28, 2020
Port of Oakland bracing for ‘new normal’ Industry News Port of Oakland bracing for ‘new normal’ Distribution patterns expected to change in post-coronavirus world.Gemini Shippers GroupApril 28, 2020
Will trucking beat analysts’ second-quarter expectations? Industry News Will trucking beat analysts’ second-quarter expectations? The second quarter could finish with a bang for trucking stocks.Gemini Shippers GroupApril 28, 2020
Werner beats expectations, used truck prices a headwind Industry News Werner beats expectations, used truck prices a headwind Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’…Gemini Shippers GroupApril 28, 2020
C.H. Robinson’s aggressive selling grew Q1 revenue at the expense of margin Industry News C.H. Robinson’s aggressive selling grew Q1 revenue at the expense of margin NAST margins were squeezed to 13.19%.Gemini Shippers GroupApril 28, 2020
Delta makes mobile hospital pods to transport troops with COVID-19 Industry News Delta makes mobile hospital pods to transport troops with COVID-19 Airlines fly people, they don’t make things. Guess again. Delta is making portable human pods…Gemini Shippers GroupApril 28, 2020
FMC finalizes demurrage and detention reasonableness rule Industry News FMC finalizes demurrage and detention reasonableness rule Regulatory guidance is expected to be significant to American shippers facing container availability charges from…Gemini Shippers GroupApril 28, 2020
Cummins counts on century-long survival skills to weather pandemic Industry News Cummins counts on century-long survival skills to weather pandemic Cummins saw a tough environment for most of its segments in 2020 before the word…Gemini Shippers GroupApril 28, 2020