In Europe, it's a bit more complicated because 70% of the trucks out there are owned by firms with fewer than 10 trucks. It's not the case that you have these massive trucking firms who own fleets of thousands and tens of thousands of trucks. Most of the time they're subcontracting out to smaller family run operations. And these are the types of firm sender is trying to go after.
Bloomberg Opinion Columnist Matt Levine discusses his piece Startup Bank Had a Startup Bank Run. Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan and Anna Kooi, National Financial Services Leader at Wipfli, talk about the Silicon Valley Bank collapse and contagion concerns. Mary Buckley, Interim CEO of IDA Ireland, shares her thoughts on the global business health for Ireland. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Austin Carr provide the details of Austin's Businessweek Magazine story Uber for Trucks? Why Freight’s Future Is More Than Just Apps. And we Drive to the Close with Liz Young, Head of Investment Strategy at SoFi.
Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan.
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