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Amazon Freight Expansion Sparks Selloff Across Trucking Stocks
Amazon Freight Expansion Sparks Selloff Across Trucking Stocks
Less-than-truckload freight stocks fell in premarket trading in New York after Amazon roiled the industry yet again - this time by announcing expanded LTL services to cover all U.S. destinations, including third-party warehouses, distribution centers, and retail partners.
"Businesses now have the flexibility to ship by pallet, choosing LTL to share trailer space for partial loads instead of reserving and paying for a full truckload," Amazon wrote in a press release, adding, "Since 2019, Amazon LTL has served tens of thousands of Amazon...
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Mar 4, 2026 / Tyler Durden
Article 5 Looming: NATO Shoots Down Iranian Ballistic Missile Fired At Turkey
Article 5 Looming: NATO Shoots Down Iranian Ballistic Missile Fired At Turkey
There's looming fear that Trump's Operation Epic Fury is fast spinning into a broader regional war, even a possible WW3 scenario - though large powers like Russia and China are expected to remain on the sidelines.
Illustrating this potential, on Wednesday a ballistic missile launched from Iran and tracked across Iraqi and Syrian airspace before heading toward Turkish territory was shot down by NATO air defenses, according to Turkey's Defense Ministry.
Open source file image: Launcher for Iranian Zolfaghar ballistic missiles
NATO...
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Feb 24, 2026 / Tyler Durden
Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...
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Mar 8, 2026 / Tyler Durden
How To Ensure A Harmonious Future With AI
How To Ensure A Harmonious Future With AI
Authored by Peter Solomon via RealClearWire.com,
Artificial Intelligence (AI) presents human civilization with many spectacular benefits as well as the potential for significant dangers. AI can increase productivity, efficiency, creativity and research results in many industries. In medicine, AI can enhance the accuracy of diagnoses, design individualized treatments, and accelerate drug development. But AI will lead to significant job losses and could reduce privacy. And AI agents have encouraged human suicide, lied to users, and have been employed to create scams as well...
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