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JACKPOT

10/19/23 11:48 AM

#48878 RE: I ll be back #48877

game changing technology = industry changer = JACKPOT
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niczar

10/19/23 2:47 PM

#48880 RE: I ll be back #48877

Opposite sides of the Country..
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I ll be back

10/27/23 11:19 AM

#48965 RE: I ll be back #48877

Well, that didn't age well.

These trucking startups also came on the scene when every random company was branded as a tech company – whether you were selling mattresses, office space, or used designer clothing. As The Information reported, Convoy employees were baffled as to whether the company was a trucking company or a technology company. That’s a common critique leveled against many freight brokerage startups.



Ultimately, the superhero plot didn’t work out. As of now, the tech bros haven’t fixed trucking and neither have the fuddy-duddy incumbents. This year, a record number of trucking companies will shutter. The costs of running a trucking fleet keep spiraling upward while rates slump. And we still have deadhead miles, unpaid detention time and every other trucking issue.



https://www.zerohedge.com/markets/convoys-shutdown-exposes-desperate-state-trucking