The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Schneider National plans to invest in new equipment in 2021 as it seeks to lower the age of its tractors. Plus, UPS CEO Carol Tomé talks about the sale of UPS Freight, and the world reacts to Jeff Bezos stepping down as CEO of Amazon.
Youth movementSchneider National (NYSE: SNDR) plans to invest in new equipment to lower the age of its trucks in 2021, using a cash balance to help fund the initiative.