‘Inflection’ nowhere in sight as mixed US freight market seeks direction
Health check: bottom, what bottom?
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
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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