The following is an article from Thomas Reuters featured on CBS News. Amazon.com Inc is planning a major roll-out of an online grocery business that it has been quietly developing for years, targeting one of the largest retail sectors yet to be upended by e-commerce, according to two people familiar with the situation. While food is a low-margin business, Amazon could outperform similar online grocery services by delivering orders for higher-margin items like electronics at the same time. One of the people familiar with AmazonFresh's expansion plans said...Read more
About: Glenn Lanier
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According to Trans4Cast and Jeremy West, their research economist, the Market Demand Index (MDI) has "dropped by 17% from 12.54 in mid-November to 10.42 during the first quarter of the year. User BigBadBill gave a brief breakdown of what an MDI indicates. "A reading above 8 indicates truckload capacity is 'tight' and pricing leverage resides with carriers; a reading below 6 indicates truckload capacity is 'loose; and pricing leverage resides with shippers. Between 6-8, capacity is considered in equilibrium." As of January 1st the Internet Truckstop set an...Read more
Following post featured on Yakimaherald.com "The history of trucking in America is the history of 20th century America itself: the post-industrialization transport of goods, the expansion of the highway system from the 1920s to the 1950s, the quintessentially American iconography of the open road and the possibility of adventure. All of that is wrapped up in the history of trucking. As America grew through its most prosperous century, it was increasingly up to trucks to deliver the raw materials that facilitated that growth and the finished products...Read more
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