B1 visa drivers and illegal operators are not the same thing. Here's the difference and why conflating them is hurting the industry.
FMCSA cracks down on MC numbers. A $158M trucking Ponzi. Middle East surcharges.
Freight stocks Nikola and Yellow recently saw significant increases, with gains of 55% and 24% respectively in just five days.
Last week, we saw two freight stocks, Nikola and Yellow, trading like unpredictable cryptocurrencies. Nikola, at one point, saw its share price jump 85% over a seven-day period, while Yellow experienced a 43% increase week-over-week. Both stocks have since retreated a bit, but at their current prices, Nikola is up 55% in the last five days, while Yellow is up 24%.
damn freight stocks are shit coins this week https://t.co/9KnmROhDcr
— Man, I Love Freight 🚛 (@freightcaviar) July 14, 2023
wow already up over 15% since yesterdays tweet @TimothyDooner https://t.co/U6Ry5Rf6ov pic.twitter.com/ruLFF5Gyth
— Man, I Love Freight 🚛 (@freightcaviar) July 12, 2023
Freight Technologies stock soars after announcing plans to buy Trump coin, critics aren't thrilled.
Forward Air bounces back 30% after tanking from its Omni merger mess. Investors are cautiously optimistic about the turnaround.
Aurora raises $483M, extending runway to 2026. Plans driverless truck launch in Texas by year-end. Here's how they are tackling trucking industry challenges.
UPS maintains ambitious 2026 targets, but investors remain skeptical as it misses its Q2 expectations, sending the stock tumbling 13%.
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