M&A-hungry RXO – smart work in progress, unmatched ambition
Lots of moving parts, waiting for a market rebound
MAERSK: LITTLE TWEAKDSV: UPGRADEF: HUGE FINELINE: NEW LOW WTC: CLASS ACTION RISK XOM: ENERGY HEDGEXPO: TOUR DE FORCEBA: SUPPLY IMPACTHLAG: GROWTH PREDICTIONHLAG: US PORTS STRIKE RISKHLAG: STATE OF THE MARKETHLAG: UTILISATIONHLAG: VERY STRONG BALANCE SHEET HLAG: TERMINAL UNIT SHINESHLAG: BULLISH PREPARED REMARKSHLAG: CONF CALLHLAG: CEO ON TRADE RISKAMZN: HAUL LAUNCH
MAERSK: LITTLE TWEAKDSV: UPGRADEF: HUGE FINELINE: NEW LOW WTC: CLASS ACTION RISK XOM: ENERGY HEDGEXPO: TOUR DE FORCEBA: SUPPLY IMPACTHLAG: GROWTH PREDICTIONHLAG: US PORTS STRIKE RISKHLAG: STATE OF THE MARKETHLAG: UTILISATIONHLAG: VERY STRONG BALANCE SHEET HLAG: TERMINAL UNIT SHINESHLAG: BULLISH PREPARED REMARKSHLAG: CONF CALLHLAG: CEO ON TRADE RISKAMZN: HAUL LAUNCH
The White House’s new rules – that employers with more than 100 staff must ensure they are all vaccinated or given weekly Covid tests – could cause greater shortages in the US trucking industry. As Craig Fuller, founder of trucking-centred FreightWaves, noted on social media: “You think the trucking capacity situation is bad now? Just wait until this vax mandate goes into effect. One large carrier suggested the number was north of 60% that are unvaxed. Large carriers are going to struggle, but the owner/op market won’t pick up the slack.”
So there could be even more supply chain chaos to come…
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