The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, at least one analyst believes the truckload sector is ready to run in the second half of 2020. Plus, Amazon gets approval for drone delivery, Dallas is the new center of the autonomous world, and what to know to get through a visit from an insurance underwriter.
Truckload earnings shine bright
At least one analyst believes in the truckload market. An analyst with UBS (NYSE: UBS) has raised his forecast for the sector for this year, believing that fundamentals are lining up for a good second half.
Todd Maiden explains what the analyst is seeing: Analyst ups estimates for truckload carriers in 2H 2020
Look to the skies for your next delivery
Amazon’s drone delivery ambitions are much closer to reality after the Federal Aviation Administration granted approval to the e-tailer to operate drones beyond visual line of sight.
Vishnu Rajamanickam explains what this means for air delivery: Amazon now authorized to fly commercial delivery drones
The center of the autonomous world
Dallas will become the new hot spot for autonomous truck testing after Waymo announced it will begin testing vehicles in the city. There are now at least five companies testing autonomous technology in the Dallas region.
Noi Mahoney has details on where Waymo’s trucks will be going: Waymo picks Dallas for driverless trucking hub
Don’t dread the insurance visit
Insurance underwriters want to know everything about a fleet before agreeing to insure it. But that doesn’t mean everything must be in pristine shape before they arrive.
Jennifer Nuest explains how fleets should handle the loss control visit: Commentary: Make the insurance loss control visit work for your business
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Did you miss this?
Chassis owners are overcharging truckers that must rent the equipment to move containers. That’s the basis of a complaint from the American Trucking Associations’ Intermodal Motor Carriers Conference group, which has registered its complaints with the Federal Maritime Commission.
Chris Gillis has more on this story: Truckers seek $1.8B from ocean carriers for alleged chassis overcharges
Hammer down, everyone,