Congress enacted climate legislation on Friday that includes tax breaks for medium and heavy-duty trucks, notably those used in last-mile delivery. The Democratic-backed Inflation Reduction Act of 2022 (IRA), a $745 billion plan that includes subsidies and incentives to cut the cost of clean energy and healthcare, as well as...
As part of a larger overhaul, Peloton will outsource all final-mile deliveries.
As part of a larger overhaul, Peloton will outsource all final-mile deliveries. The company will discontinue in-house deliveries and close 16 warehouses that supported the operation. In the next weeks, fitness company Peloton intends to hand over its final-mile business to J.B. Hunt and XPO. A company spokesman confirmed Friday...
The industry’s eyes are shut.
The Pricing Power Index for this week is based on the following indicators: Tender volumes are worryingly out of season. When comparing volume trends from prior years, it is obvious that freight demand is decreasing in an unseasonably rapid manner. While the market may have had a break during the...