Good day,
Did you know?
Dry van truckload spot rates fell nearly 19 percent in April compared to the same month last year and more than 3 percent on a month-over-month basis from March, more than twice the historical average seasonal drop in April.
Source: ACT Research
Quotable
"Believe it or not, there are conversations starting in the Midwest about a low carbon fuel program similar in nature to what we see on the West Coast."
–Renewable Fuels Association president and CEO Geoff Cooper, referring to Minnesota, Iowa and South Dakota, among the states exploring the possibility of creating a low carbon fuel program.
In other news
The Microsoft renaissance
How CEO Satya Nadella staged Microsoft's remarkable second act. (Bloomberg)
Shopping for news
Amazon wants to pay the New York Times and BuzzFeed to expand so it can reach more shoppers outside the U.S. (Vox)
German investor Allianz X chooses Uganda's SafeBoda as its first African investment
The digital investment unit of German financial services company Allianz Group co-led a Series B investment in SafeBoda, a Ugandan ride-hailing startup (VentureBurn).
The ownership economy
Micro-mobility startup Bird is now selling its electric scooters directly to consumers. (TechCrunch)
Final thoughts
Hammer down, everyone!
Image sourced from Pixabay
The post Today's Pickup: Colombian logistics boom appeared first on FreightWaves.
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