Mercado Libre CEO Steps Down, Savannah Port Breaks Records, Werner Makes Cuts | FWNOW Morning Minute

FreightWaves Morning Minute – Friday, May 23

📦 Leadership shift at Mercado Libre: After 26 years, Marcos Galperin is stepping down as CEO. Starting Jan 1, 2026, the current head of commerce steps in. Galperin will stay on as Executive Chairman to lead strategic initiatives.

🔗 [Full story](https://www.freightwaves.com/news/mercado-libre-amazon-of-south-america-announces-leadership-transition)

🚢 **Savannah Port smashes records**: Over 515,000 TEUs moved in April—a 17% YoY jump—fueled by tariff-driven import accelerations.
🔗 [Read more](https://www.freightwaves.com/news/savannah-sees-record-containers-amid-tariff-frenzy)

💸 Werner Enterprises suspends 401(k) match: A $40M cost-cutting plan follows a Q1 loss.
🔗 [Details here](https://www.freightwaves.com/news/werner-suspends-401k-match-for-employees-to-cut-costs)

🎙️ Coming up today:
🚛 *WHAT THE TRUCK?!?* at Noon — wild story of a driver backing up 3 miles to escape wildfire
🧊 *Running on Ice* at 2PM — Mary O’Connell uncovers fraud in the cold chain

🗓️ Don’t miss our upcoming events:
📅 *Enterprise Fleet Summit* – July 23 (Virtual)
📍 *Supply Chain AI Symposium* – July 30 @ International Spy Museum, DC
🔗 Register now: [live.freightwaves.com](https://live.freightwaves.com)

#logistics #freightwaves #supplychain #ecommerce #marcosgalperin #mercadolibre #savannahport #werner #coldchain #supplychainfraud #AI #fleetmanagement