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A preliminary investigative report has been released by the National Transportation Safety Board regarding the fatal UPS MD-11 freighter crash in Louisville. The report cited fatigue cracks in the left-wing engine mount, which separated shortly after liftoff, leading UPS to continue grounding its remaining MD-11s per FAA guidelines, a situation explored further in "NTSB links fatigue cracks to fatal crash of UPS cargo jet - FreightWaves".
The broadcast also covers Walmart’s impressive Q3 performance, which included a 27% jump in global e-commerce sales and a nearly 70% increase in sales for same-day delivery. Walmart continues to leverage its pickup and delivery options, asserting that it can now deliver to about 95% of U.S. households in under three hours, a popular expedited choice examined in "Walmart e-commerce sales rise 27% as shoppers opt for same-day delivery - FreightWaves".
Finally, we review the delayed September employment report, which showed truck transportation jobs slid by one of the biggest drops seen in three years, contributing to a total transportation job decrease of 6,800. With job losses detailed in "Trucking employment down in Sept from August, mostly flat over 12 mos - FreightWaves," experts suggest we should expect continued drops in this sector as regulation continues to tighten up with drivers.
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FreightWaves NOW
Join the FreightWaves cast and crew every weekday morning at 9 am EST