The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Swift Transportation founder Jerry Moyes has returned as the interim CEO of less-than-truckload carrier Central Freight Lines. Plus, XPO has made the decision to split the company into separate businesses, and FreightWaves’ SpaceWaves event focuses on the logistics of space exploration.
Jerry Moyes takes over Central Freight Lines
Less-than-truckload carrier Central Freight Lines has reshuffled some executives, naming Jerry Moyes, the founder of Swift Transportation, as interim president and chief executive officer.
Clarissa Hawes has more on Moyes’ return: Swift founder Jerry Moyes takes helm of Central Freight Lines
Splitting up XPO
XPO has announced it will split its logistics and transportation businesses into separate publicly held corporations.
Mark Solomon has details on when the split will occur: XPO to split transport, logistics businesses
Space logistics
Space may be the next frontier, but it takes supply lines to build it. FreightWaves took a look at the logistics of space exploration during the virtual SpaceWaves conference on Thursday.
FreightWaves staff has the coverage: SpaceWaves virtual event
Buying season
In a sign of the optimism the trucking industry has about the economy, preliminary November Class 8 truck orders came in Wednesday night, and they represent the third-best November totals on record.
Alan Adler has the details on how many trucks fleets are ordering: November Class 8 orders third-highest ever
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ShipMonk secures $290M in growth equity
Old Dominion sees tonnage accelerate from August inflection
Comdata’s Justin King sees COVID having accelerated digitization
Industrial Real Estate Roundup: Surging warehouse demand fuels job growth, new developments
Pitney Bowes hikes US, international e-commerce shipping rates
Workhorse scrutinized as Postal Service again delays contract
Did you miss this?
A controversial government loan to YRC Worldwide (NASDAQ: YRCW) is likely to be a hot topic at an upcoming congressional committee hearing.
Todd Maiden has details on what concerns the committee: Mnuchin to testify at hearing addressing $700M YRC, Treasury loans
Hammer down, everyone,
Brian Straight
Managing Editor
Click for more FreightWaves articles by Brian Straight.
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