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The Light Load: ‘If it gigs, tax it,’ Washington decrees

15 December 2022

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They called it the “American Rescue Plan.” Makes sense.

It would’ve been a smidge wordy to call it...

https://www.freightwaves.com/news/the-light-load-if-it-gigs-tax-it-washington-decrees

Electrifying the nation’s last-mile fleet requires some heavy lifting

22 February 2021

Jeff Bezos has become the king of e-commerce, with Amazon (NASDAQ: AMZN) accounting for anywhere from 35% to 48% of online sales, depending on the source of the information. Moving all those packages results in a significant environmental impact, although Bezos believes e-commerce is actually more environmentally friendly than in-store shopping.

“Amazon’s sustainability scientists have spent more than three years developing the models, tools, and metrics to measure our carbon footprint,” Bezos...

https://www.freightwaves.com/news/electrifying-the-nations-last-mile-fleet-requires-some-heavy-lifting

Lyft executives confident in rebound

10 February 2021

Despite no real improvement in active riders, and a revenue decline year-over-year due in large part to the toll the COVID-19 pandemic has taken on the ridesharing business, analysts responded positively to Lyft’s (NASDAQ: LYFT) earnings results on Tuesday.

Wedbush raised Lyft’s price target to $72 from $53. Cowen analyst John Blackledge also boosted the price to $72.

“Last night LYFT delivered better than expected 4Q results, which were another major step in the right direction on the recovery...

https://www.freightwaves.com/news/lyft-executives-confident-in-rebound