Shares of unprofitable food delivery platform DoorDash Inc. surged 86% in their trading debut Dec. 9, in the latest sign of investor exuberance in what already has been a record year for IPOs.
December 9, 2020Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
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Extras
DoorDash’s 86% Jump Adds to Blistering Year for Unicorn IPOs
FedEx, UPS Tell Senators of Vaccine Distribution Readiness
Two of the country’s largest freight firms reassured federal lawmakers of their preparedness in helping to deliver COVID-19 vaccines as early as this month.
UPS Says It Can Handle Vaccine Rollout, Holiday Parcel Rush
UPS Inc. said it has the capacity to handle the rollout of coronavirus vaccines and an unprecedented holiday package rush this month after investments in automation, tracking technology and dry-ice production.
AM Radio Transmitter Sites Now Valuable Real Estate for Logistics Industry
Sites that for decades housed AM radio towers today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers.
Elaine Chao Discusses Partnerships as Busy Year Draws to a Close
Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020.
Penske Announces Fleet Upgrade Leasing Program
Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7.
December 7, 2020JBS Sends Thousands of Meat Workers Home During COVID Surge
A surge in COVID-19 cases is starting to impact American meat-processing operations in another potential threat to food supply chains that were upended in the early stages of the pandemic.
Top Pork Producer Smithfield Makes Room in Freezers for Vaccine
Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement.
Working Group Tackles COVID Food Supply Chain Disruptions
Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.
Carriers Face Compounded Demand This Holiday Season
The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.