Welcome to the WHAT THE TRUCK?!? Newsletter presented by Truck Parking Club. In this issue, trucking vs. congestion pricing; port strike averted; AI trucks; and more.
GigaCloud's Q3 revenue growth decelerated to 70% y/y, with 3P seller GMV growth slowing to 49%. Read why I downgrade GCT stock from strong buy to hold.
Nigerian importers and exporters have commenced direct shipping of cargo from China to the Tin Can Island Port in Lagos, eliminating the high freight costs of transshipment.