Michelin said Europe’s “difficult economic situation” is causing a drop in tire demand across different sectors that is leading to overcapacity in the region.
Category: News
Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand
Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.
UPS to Acquire Mexico’s Estafeta Express Delivery
The recent UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.
Tesla’s Second-Quarter Profit Falls 45% to $1.48 Billion
DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.
Volvo Trucks North America Offers CARB-Compliant Engine
Volvo Trucks North America announced the availability of a diesel engine that meets CARB requirements for nitrogen oxide and particulate matter emissions standards.
House Passes Biennial Water Resources Development Act
A bill to promote the efficiency of commercial waterway infrastructure projects and supply chain connectivity was easily passed by the U.S. House of Representatives on July 22.
Urban Delivery Hubs Present Solutions to Final-Mile Shipping
An evolving concept to address the issue of final-mile delivery is the urban delivery hub.
ATA Reports Dip in Truck Tonnage for June
The trucking industry continued the trend of year-over-year tonnage losses in June after a brief increase the prior month, American Trucking Associations reported July 23.
EV Output Is 45% Below Carmakers’ Expectations, Supplier Says
Carmakers are faced with significant overcapacity to make EVs because of softening demand with many turning back to development plans for combustion-engine cars, OPmobility SE reports.
GM Delays Electric Pickup Plant Second Time
General Motors will again push back the planned opening of an electric pickup truck plant in suburban Detroit and has delayed a Buick plug-in amid uncertain growth in battery-powered car sales.