Sriram Krishnasamy, the CEO of FedEx Dataworks A network effects business model allows a company to gain more value as more companies use its products or services. The value of the offering rapidly increases because each additional user increases the value of the network. Today, we mainly think of digital companies like Google and Twitter...Read More

2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. Despite the challenges, we’re proud of the collaboration from our employees, valued agents and carrier network, working alongside our customers to find creative solutions. Before we close the curtains on...Read More

A trucking industry group is applauding news that chip maker Intel Corp. will build a $20 billion semiconductor manufacturing plant in Ohio, saying the facility could help the transportation sector to escape from parts shortages that have stopped automakers from completing much-needed trucks in recent months. Analysts have pointed to shortages of both truck drivers...Read More

Lightning eMotors, a provider of all-electric powertrains and medium-duty and specialty commercial electric fleet vehicles, has signed an agreement with RideCo to provide zero-emission passenger vans for the Los Angeles County Metropolitan Transportation Authority (Metro). Under the agreement, Lightning eMotors will serve as the preferred zero-emission vehicle vendor for RideCo as it manages a fleet...Read More

If you were building a house in 2021, things got rough. The cost of lumber skyrocketed from $354 / 1000 board feet in May 2020 up to $1,683 in May 20211. And even if you weren’t building a house, you likely felt the same problem echoed across patio furniture, gym gear, and more. Yes, unprecedented...Read More

A New York truck driver was declared an “imminent hazard” and ordered to not drove in interstate commerce following an accident last month in which the trucker was charged with alcohol-related violations. The Federal Motor Carrier Safety Administration today said it declared Bobir M. Kholmurodov to be an imminent hazard to public safety and has ordered...Read More

[Stay on top of transportation news: Get TTNews in your inbox.] The federal government needs to invest more in West Coast ports, said the head of the Port of Los Angeles, which is the nation’s biggest gateway to Asia and is grappling with record backlogs. The government has invested about $11 billion in the East...Read More