1. How large is the digital road freight market that FTA is a part of? According to CIC and McKinsey, FTA is based mainly in the broker trucker market which is sized at over Rmb1.3trn, but has also been expanding its business to the more than Rmb1.1trn-worth acquaintance trucker market...
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ACT Research said North American used truck sales volumes fell 35% in November.
1.2.Road Freight Market 1.3.Global CO2 emission: medium & heavy duty trucks 1.4.Range of zero emission medium and heavy trucks 1.5.Heavy-duty: BEV or fuel cell? 1.6.Trucks and Covid-19 1.7.Electric Trucks and Covid-19 1.8.Key global forecast takeaways ...
Diesel prices spiked dramatically in 2022 and have only recently tapered slightly. The price increases for freight have not kept up with diesel, which have squeezed carriers’ profit margins. This squeeze normally would make carriers think twice about buy...
(vs. -10% QoQ in 1Q21 due to freight’s seasonality). We believe fulfillment was mainly affected by the suspension of new user sign-ups, the Chinese New Year holiday, rising oil prices, and a COVID-19 resurgence in several regions of China. We expect the firm’s commission income to...
--Full Truck Alliance Co. Ltd., a leading digital freight platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Total net revenues in the third quarter of 2023 were RMB2, 263.9 million, an increase of 2
ice roads and you can produce diesel that stays fluid, but the seals and switches are still a problem. DEF is basically water with urea. Its freeze point is lower than water because of the urea, somewhere around -15 C. The amount that we use as we’re hauling freight is fairly ...
Understanding Cargo Insurance For Big Rigs To Protect Valuable Freight During Transit Navigating Regulatory Compliance for Big Rig Insurance In California Practical Tips For Lowering Big Rig Insurance Costs in California Factors Affecting Big Rig Insurance Rates In California Our Truck Insurance Claim Proces...
Despite the absence of new users and COVID-19 resurgence, the firm’s freight listing revenue grew 21% YoY in 2Q22, and the number of monthly active users (MAU) among paid shippers increased from 640,000 in 1Q22 to 660,000. More end-market clients became paying members (with a members...