There is little doubt that the next few months will be busy for domestic transportation, but will increasing COVID cases and the looming changes of policy from the new president-elect have any impact? Anthony and Zach bring on Dr. Zac Rogers to discuss near- and long-term expectations.
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, peak season could be among the most volatile in years if current data trends continue. Plus, grading the success of President Donald Trump’s promises as he asks voters to elect him for four more years, and Amazon’s logistics network just keeps growing.
A record-setting year?Will peak season be smooth sailing for shippers and carriers? Data coming in this week may give an indication of how capacity...
If Canadians could vote in the U.S. presidential election, more than 70% would choose Joe Biden over President Donald Trump, recent polls show. A major reason: Trump’s propensity to pick trade fights with Canada from aluminum and steel tariffs to restrictions on personal protective equipment exports.
“It’s more predictable with Biden. With Trump, you just never know,” Barry Prentice, a professor of supply chain management at the University of Manitoba, told FreightWaves.
Despite starkly...
https://s29755.pcdn.co/news/election-2020-for-canada-stakes-go-beyond-trade
Political action committees (PACs) that are related to the rail industry have donated $3.7 million during the 2020 election cycle to Republican and Democratic congressional candidates.
Of that total, 44%, or $1.6 million, was for Democratic candidates, while 56%, or $2.1 million, was for Republican candidates, according to the Center for Responsive Politics.
The Center for Responsive Politics defines PACs as groups that are formed “for the purpose of raising and spending money to elect and defeat...
https://s29755.pcdn.co/news/freight-rail-pacs-contribute-to-republicans-and-democrats
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, a Federal Motor Carrier Safety Administration listening session on a possible broker transparency rule saw shippers questioning how this would impact their confidentiality agreements. Plus, Schneider plans a special dividend, Werner’s earnings top expectations and carriers weigh in on the election.
What about the shippers?In an online listening session Wednesday, FMCSA leaders heard industry views...
https://www.freightwaves.com/news/the-daily-dash-listening-to-shippers-schneiders-special-dividend
The fragile state of the U.S. economy is the top issue on the minds of motor carriers, according to a FreightWaves survey that asked respondents to list their top three issues in advance of Tuesday’s election.
The Oct. 20-21 survey, sent to a subsection of FreightWaves subscribers, received 52 responses. No list of issues or prompts were provided. Carrier responses covered 22 topics. FreightWaves assigned three points for a No. 1 priority, two points for No. 2 and one point for No. 3.
The Top...
https://www.freightwaves.com/news/election-2020-economy-is-runaway-top-issue-in-carrier-survey
While polls show Democratic nominee Joe Biden in the lead with five days remaining until Election Day, 53% of truck drivers FreightWaves polled on LinkedIn say they plan to cast their votes for President Donald Trump.
FreightWaves also asked truckers what transportation issues they would like the elected president to address during the next four years.
Chad Boblett, the owner of Boblett Brothers LLC of Lexington, Kentucky, said he would like to see a president tackle the issue of possible...
https://s29755.pcdn.co/news/election-2020-truckers-rate-trump-on-transportation-trade-issues
Anthony and Zach discuss the increasing concerns over the driver shortage and how presidential elections influence the economy.
https://s29755.pcdn.co/news/how-do-presidential-elections-impact-the-economy-and-transportation
With the elections just six days away, most truck drivers who participated in a FreightWaves election survey on social media say they plan to vote in person this year.
In late October, FreightWaves sent out via Twitter and LinkedIn a survey on truckers’ voting plans and which candidate they planned to vote for.
Of the 60 Twitter respondents to a survey question on how they planned to vote, 70% stated they planned to vote — and in person — in this year’s presidential election. An additional 8.3%...
https://s29755.pcdn.co/news/survey-truckers-largely-plan-to-vote-in-person-on-nov-3
