The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Ryder will provide one-time bonuses to all its front-line workers in December. Plus, inventory replenishment should continue to drive strong freight volumes into 2021, and autonomous vehicle makers weigh in on a Joe Biden presidency.
Bonus time
Ryder announced it will provide one-time bonuses in December to all its front-line workers, spending approximately $30 million to do so.
John Kingston has details on how many employees will see more in their paychecks: Ryder awarding $30 million in bonuses to front-line workers
Inventory buildup
Freight markets should remain strong as inventory replenishment continues into 2021, according to executives from J.B. Hunt.
John Kingston reports on what else the executives said: Replenishing inventory will keep freight markets strong into 2021: J.B. Hunt
On the road to adoption
Advocates of self-driving vehicles are hoping a Joe Biden administration will provide more clarity on rulemaking that could accelerate commercialization of autonomous technologies.
Linda Baker explores the issue: Self-driving big rigs: More like the internet than the iPhone
Pharma supply chain woes
There has been plenty of talk about the challenges of delivering a COVID-19 vaccine, but the pharmaceutical supply chain was already facing strains that have become worse during the pandemic.
Brian Straight reports on a new survey of participants that raises the alarm: Pharma supply chain faces challenges, even before COVID vaccine distribution
Stories we think you’ll like:
Having navigated 2020, Convoy positions itself for the future
Stevens Transport raises driver pay
Landstar ups outlook, contends this cycle may not be different
DHL piloting use of heavy-duty electric trucks in US
TuSimple snags Goodyear Tire in latest autonomous trucking partnership
International HX strengthens and improves on another Navistar cab
Target blows away third-quarter estimates
Prologis Research points to automation as key to logistics operations
Did you miss this?
Demand for trucking services has “plateaued” in the past four to six weeks, though “we’ve not necessarily seen things getting worse,” according to Eric Fuller, CEO of U.S. Xpress.
John Kingston has more from the CEO: Trucking demand flattens but driver supply still tightens: U.S. Xpress CEO
Hammer down, everyone,
Brian Straight
Managing Editor
Click for more FreightWaves articles by Brian Straight.
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