FreightWaves NOW American Eagle & Office Depot Exit 3PLs; Gatik Goes Fully Driverless; Diesel Prices Surge | Morning Minute
Major retailers are retreating from the logistics sector as American Eagle and Office Depot pull the plug on their third-party services. This strategic pivot returns focus to core retail operations, forcing thousands of outside brands to find new fulfillment partners.
On the technology front, Gatik has reached a major milestone by launching fully driverless commercial trucking operations at scale in North America. These autonomous medium-duty trucks are now executing daily revenue-generating routes across Texas, Arkansas, and Arizona without human intervention.
Drivers and consumers are also feeling the pain at the pump as diesel prices surge amid a severe winter cold snap. Refinery disruptions in the Gulf Coast and high heating oil demand have pushed the benchmark up by more than 16 cents in just two weeks.
Finally, tune in to FreightWaves TV at noon today for a new episode of WHAT THE TRUCK?!? featuring Malcolm Harris. If you miss the live broadcast, you can always catch the replay on YouTube.
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