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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.

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2015 Truckload Contract Rates Rise, as Spot Rates Fall

DAT Solutions

Analysts predicted that consumers would boost the economy by spending the money they had saved at the pump. Early reports from the National Retail Federation indicate modest year-over-year growth, and the NRF predicts continued improvement in 2016, based on upward trends in new housing starts, auto sales, and employment, as well as retail.

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Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage?

Logistics Viewpoints

The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. These kinds of solutions have been available for a few years and customers report robust reductions in safety incidents. Finally, there are also cost issues. Bad weather is an edge case.

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The Autonomous Truck Revolution Is Right Around the Corner

Logistics Viewpoints

Currently, TuSimple is being tested across Arizona, New Mexico, and Texas; all states where snow and heavy fog – difficult edge cases – are less common. A customer would purchase TuSimple’s fully autonomous semi-trucks directly from a semi-truck manufacturer. Bad weather is an edge case.