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Lyft Sees Its Future, And It is Autonomous And B2B Focused
Tuesday, February 16, 2021 - 1:32pm | 1053On the Lyft (NASDAQ: LYFT) earnings call Feb. 9, co-founder and CEO Logan Green spoke a bit about the future of transportation, a future he sees Lyft being perfectly situated to thrive in. He was talking about autonomous vehicles (AV) and business-to-business (B2B) deliveries. "We believe the...
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Hyzon Motors To Get $570M From SPAC Backing Fuel Cell Technology
Wednesday, February 10, 2021 - 12:49pm | 938Hyzon Motors agreed to a merger Tuesday with Decarbonization Plus Acquisition Corp. (NASDAQ: DCRB), a special purpose acquisition company (SPAC) that raised $626 million to target a company for merger. Hyzon expects to get up to $570 million after expenses when the business combination closes....
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Carriers Flexing Pricing Power On The East Coast
Friday, December 4, 2020 - 12:49pm | 2385Last week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates...
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Alibaba Taps Atlas Air For Parcel Airlift To South America
Tuesday, October 13, 2020 - 3:56pm | 487Chinese e-commerce giant Alibaba Group Holding, Inc. (NYSE: BABA) is expanding its ability to serve the South American market with the November launch of an air charter network designed to speed up shipping times. For-hire cargo airline Atlas Air (NASDAQ: AAWW) said Monday night it will operate...
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Drilling Deep: The Professor Of Trucking Gives His Measure Of The Market
Thursday, June 11, 2020 - 12:11pm | 199Steve Burks was a truck driver in an earlier professional capacity. He also earned his Bachelor's degree, his Master's degree and then his PhD. He's a professor of economics at the University of Minnesota-Morris where he continues to research truck drivers and the markets where they ply their...