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Maersk & Kodiak Robotics launch commercial autonomous trucking lane between Houston and Oklahoma City

October 6, 2023 /

Florham Park, New Jersey/Mountain View, California — A.P. Moller – Maersk AS (OTC: AMKBY) and Kodiak Robotics, Inc., have launched the first commercial autonomous trucking lane between Houston and Oklahoma City. The freight lane marks an expansion of the collaboration between Kodiak and Maersk, which began with their first autonomous freight deliveries together in November 2022 as part of Maersk’s Global Innovation Center Program. Kodiak has been delivering eight loads per week, with a safety driver behind the wheel, for Maersk customers since August.

Kodiak and Maersk are completing four round trips per week on a 24-hour-a-day, four-day-a-week basis between a Houston facility, where consumer products are loaded onto 53-foot trailers, to a distribution center in Oklahoma City. Operational learnings gained from the activity are captured and documented as part of the Kodiak Partner Deployment Program, which is designed to help companies learn how Kodiak’s self-driving trucks can become an integral part of their overall logistics strategy and offerings.

Autonomous trucking solutions have the potential to address long-term challenges faced by the trucking industry. According to the American Trucking Association, the trucking industry faces a shortage of roughly 78,000 drivers. The ATA estimates that, based on current driver demographic trends, as well as projected growth in freight demand, the shortage could swell to more than 160,000 over the next decade.

Safety continues to be a perennial challenge for the trucking industry as well. U.S. National Highway Traffic Safety Administration (NHTSA) research also estimates that 94% of crashes occur due to human error. For Kodiak, safety and performance are foundational to its autonomous trucking solution. Each vehicle is equipped with 18 different sensors, including cameras, radar, and lidar, that provide the platform with a 360-degree view around the truck. Every tenth of a second, the truck evaluates the performance of more than 1,000 safety-critical processes and components in both the self-driving stack and the underlying truck platform. The trucks learn in parallel, with system upgrades shared to the entire fleet simultaneously, and are not subject to environmental distractions.

 

 

 

 

How the Delta Korean Air joint venture is paying dividends

September 7, 2023 /

Delta Air Lines (NYSE: DAL) now 5-year-old Joint Venture with Korean Air is a significant driver of Delta’s evolution into a global brand, with robust international demand driven by experience-seeking customers.

That’s according to Delta’s Managing Director of East Sales, Scott Jordan, who recently sat down for an interview with The Korea Economic Daily, one of South Korea’s major daily newspapers.

Click the link below to read the full story!

Delta Korean Air joint venture

Hola

Stadler to Deliver up to 504 Tram Trains to German Austrian Project Consortium

January 17, 2022 /

Stadler has been awarded the largest contract in the company’s history with a total volume of up to four billion euros: it has won an international tender held jointly by six transport companies from Germany and Austria for up to 504 vehicles as part of the VDV Tram-Train project. In addition to vehicle production, the framework agreement also includes a maintenance contract lasting up to 32 years. Part of the framework agreement is a fixed order quantity of 246 CITYLINK vehicles representing a volume of around 1.7 billion euros. There is also an option to order up to 258 more vehicles.

The award of the contract marks the beginning of a long-standing partnership between Stadler and the project consortium, consisting of Verkehrsbetriebe Karlsruhe (VBK), Albtal-Verkehrs-Gesellschaft (AVG), Saarbahn Netz, Schiene Oberösterreich, the State of Salzburg and Zweckverband Regional-Stadtbahn Neckar-Alb. Over the next ten years, Stadler will produce 246 CITYLINK vehicles for the six operators. The first four vehicles will be delivered to the Saarbahn in 2024.

All vehicles will be supplied in a three-part design. The length of the vehicles, the number of doors, the boarding and coupling height as well as the configuration of the CITYLINK versions will vary depending on the delivery location and the customer. All the vehicles will have certain features in common: they will be fitted with an HVAC system for the passenger compartments and driver’s cab, and have spacious multi-purpose areas with two wheelchair spaces that can be flexibly configured. The tram-trains will be individually equipped to suit the place of use. For example, the vehicles for the Albtal-Verkehrs-Gesellschaft will have a toilet as well as facilities for cycle racks, while Schiene Oberösterreich has opted for luggage racks as an extra feature.

Providing one type of vehicle for six operators is unusual. “On the project team, we spent hours developing a common set of specifications. We defined a standard with up to five further versions to meet the operator- specific requirements such as boarding height, coating and place of use,” explains the overall project manager Thorsten Erlenkötter from Verkehrsbetriebe Karlsruhe.

Ford Announces Ranger Splash is Back! Classic Name Re-Imagined in New Package

September 1, 2021 /

DEARBORN, Michigan, September 1, 2021 – Ford (NYSE: F) Ranger fans, the Splash is back. The much-loved special appearance package from the 1990’s is making a comeback, reimagined for today and starting with the 2022 Ford Ranger Splash Package.

Splash will come in two styles, the Splash Package and Splash Limited Edition. The Splash Package will be available all model year and comes with body-side orange and black graphics and special 18-inch 12-spoke wheels finished in matte black. Ranger Splash includes orange grille nostrils, plus gloss black accents on the grille, bumpers, rearview mirror caps, wheel lip moldings and fender vents. The interior features exclusive seats with orange contrast stitching and unique carbon grain with tuxedo stripes – leather-trimmed in Lariat. Orange contrast stitching also appears on the steering wheel, gear shifter and parking brake boot. Lariat models get orange accent stitching on front and rear armrests and on the dash top.

The Splash Package can be combined with the FX2 or FX4 Package to add more off-road capability to its distinctive looks.

Ford will also bring a fresh dash of color by revealing Splash Limited Edition trucks every few months in a series of one-time-only hues with just a few hundred vehicles available. It also features 18-inch matte black wheels and a unique combination of exterior and interior content and finishes. The Splash – Snow Edition kicks off the first batch.

Ranger Splash Package will be available for SuperCrew models optioned in XLT and Lariat trim series, priced at $1,495 with deliveries starting at the end of the year. Ranger is proudly built at Michigan Assembly Plant in Wayne, Michigan.

New Special Edition Appearance Package Brings Throwback Style to Mustang Family

August 19, 2021 /

DEARBORN, Mich., Aug. 19, 2021 – Today in celebration of the Woodward Dream Cruise, Ford Motor Company (NYSE: F) is taking a page out of its Mustang history book with the introduction of the new Mustang Ice White Edition Appearance Package for both Mustang coupe and Mustang Mach-E. This marks the first time in 28 years Ford is offering a white-on-white Mustang and the first time ever for the coupe.

“Mustang has always had the power to attract attention on the road, but the new Mustang Ice White Edition could – just like the original ’93 Triple White Fox body feature Mustang – become one of the hot collectibles of future generations,” said Jim Owens, Mustang brand marketing manager. “We are proud to continue a longstanding Mustang tradition of continuously offering fresh, new styling options for customers to empower them to make their Mustang an extension of who they are.”

The package is the first to be offered to both Mustang Mach-E and Mustang coupe customers.

Ice White Edition Mustang Mach-E

The 2021 Car and Driver EV of the Year, North American SUV of the Year and one of the hottest all-electric SUVs on the market will exclusively offer the new Mustang Ice White Edition Appearance Package on Mustang Mach-E Premium models.

Star White Metallic Tri-Coat paint includes unique Star White mirror caps and wheel lip moldings to ice-out the exterior. Front and center on the grille is an Oxford White pony badge, which also appears between the tri-bar taillamps. The package adds unique 19-inch machined-face aluminum wheels with Oxford White-painted pockets.

Light Space Gray sets the cabin stage, appearing on the seats, center console and door-panel armrests. A Bright Silver hex-patterned instrument panel plus an Oxford White pony badge on the steering wheel add chill to the interior environment.

Orders for the 2022 Mustang Mach-E Ice White Edition open in the fall. The vehicle will be in showrooms early next year.

Ice White Edition Mustang Coupe

Reminiscent of the 1993 Triple White Fox body feature Mustang, the 2022 Mustang coupe Ice White Edition gives customers the option to add even more head-turning style to the world’s best-selling sports car1. Ford made just 1,500 Triple White Fox body feature Mustangs – all convertibles.

Available on Mustang EcoBoost® and GT Premium fastback models, the Mustang Ice White Edition comes lacquered exclusively in Oxford White and features unique iced-out taillamps, plus heritage-inspired 19×9-inch wheels in matching Oxford White with machine-surfaced pockets. Just like on the Ice White Edition Mustang Mach-E, the Ice White Mustang coupe comes with Oxford White pony badges and fender badging.

The black and white interior features Oxford White leather seat inserts front and rear, plus Oxford White leather door panels. An aluminum appliqué on the dash and white accent stitching on the center console, door panels, shifter boot, headrests and more add to the cool cabin environment.

Ice White Edition Appearance Package-equipped Mustang EcoBoost and Mustang GT Premium coupes arrive at dealers in early 2022.

DHL Express Upgrades its Fleet with 6 New Boeing 777 Freighters

February 24, 2020 /
  • First delivery of 2020 batch accomplished, recent 777F touched down at its operational home base Cincinnati last Thursday
  • DHL continues strengthening its intercontinental network by renewal of its long-haul aircraft fleet
  • State-of-the-art aircraft also supports the Group’s goal of improving its carbon footprint

DHL Express, the world’s leading international express service provider, is receiving six new Boeing 777F-200 cargo aircraft this year. The first of these planes to come in 2020 landed last Thursday at its future base of operations, the Cincinnati/Northern Kentucky International Airport (CVG). In 2018 DHL ordered 14 new Boeing 777F, with four delivered in 2019, six to come this year and the remaining four to be taken into service in 2021. The current freighter will be operated by DHL Express’ partner airline Kalitta. The renewal is part of the overall modernization of the long-haul intercontinental fleet of the courier company and replaces older planes. The Boeing 777F is equipped with top-of-the-line fuel-efficient technology and features the longest range at full payload of any widebody freighter aircraft.  This allows DHL to operate with higher efficiency while meeting the increasing global demand for express logistics service.

“We’re excited to welcome more Boeing 777Fs to the DHL Express family this year,” says John Pearson, CEO of DHL Express. “With the modernization of our intercontinental fleet, we can simultaneously enhance our proven ability to meet growing demand, improve our environmental footprint and deliver best quality service to our customers. DHL has made its mark time and time again with innovative solutions and technologies. We are pleased to continue demonstrating to partners and customers alike how these advancements stand to elevate the entire express logistics industry while bringing us closer to achieving our Strategy 2025 goals.”

In the center of its Strategy 2025 DHL Express focusses particularly on ‘E-commerce’ as a growth driver and ‘efficiency’ for further increasing its profit. With a payload capacity of 102 tons and a range of 9,200 km, the B777F has the largest capacity and range of all twin-engine freighter aircraft. They are also more fuel-efficient, reliable than older planes and reducing CO2 emissions by 18 per cent. DHL Express operates over 260 dedicated aircraft with 17 partner airlines on over 3.000 daily flights across 220 countries and territories.

“We expect further growth in cross-border e-commerce trade and, as a result, increased demand for our express logistics services and expertise in intercontinental deliveries,” says Travis Cobb, EVP Global Network Operations and Aviation at DHL Express. “With the new Boeing 777Fs, we can increase our intercontinental connections while reducing carbon emissions and fuel consumption. This enables us to continue to provide customers with the excellent quality they’ve come to expect from us while we work to expand our global services.”

Images from www.logistics.dhl

Bombardier Unveils New Light Rail Vehicle Safety System

June 10, 2019 /

Bombardier unveils new innovative light rail vehicle safety system at UITP 2019 in Stockholm, Sweden.

  • COMPAS provides enhanced safety for passengers and drivers, helping to prevent derailing
  • Innovative overspeed protection system co-developed with Austrian Institute of Technology

Today, mobility solution provider Bombardier Transportation presented its new and innovative safety system for urban light rail vehicles at the UITP Global Public Transportation Summit in Stockholm. Called COMPAS (Collision and Overspeed Monitoring and Prevention Assistance System), the technology was developed in cooperation with Bombardier Transportation’s research partner the Austrian Institute of Technology & Mission Embedded and enhances safety for tram passengers and drivers.

Christian Diewald, Managing Director of Bombardier Transportation in Austria, said, “We have completed the development phase of COMPAS and will shortly start the operational evaluation in two existing vehicle fleets. I am especially happy that we are testing this safety innovation in the new vehicles for our customer Wiener Linien in Austria, but also with our customer in Blackpool, UK.”

COMPAS is the transportation industry’s only system that combines two of the most requested driver assistance functions, a vision-based overspeed prevention and an automated obstacle detection assistance system. It’s designed to ensure the driver always maintains full control over the vehicle by using digital track data and visual odometry to prevent the vehicle from exceeding its pre-defined speed limits, thus enhancing safety for those in and around the vehicle.

The new system is expected to be granted commercial service authorization by mid-2020, with additional functions, such as increased vehicle autonomy enabling automated operation in depots, planned to for future integration.

COMPAS builds upon Bombardier’s proven Obstacle Detection Assistance System (ODAS ), a cutting-edge safety innovation already proven in passenger in service since being introduced in Frankfurt, Germany in 2017. Overall, the ODAS system has been selected by five light rail vehicle operators.

Tesla Stock Drops For Sixth Straight Session

May 22, 2019 /

SAN FRANCISCO (Reuters) – Tesla shares extended their recent sell-off on Wednesday after Citi cut its price target on the struggling electric car maker, leaving buyers of its recent share offer, including Chief Executive Elon Musk, $175 million in the hole.

Tesla’s stock dropped 5.5% to $193.88, on track to close below $200 for the first time since late 2016. It has lost a fifth of its value since the company sold a $1.84 billion convertible bond and almost $900 million of stock on May 2 to raise fresh capital and give it more time to stop losing money.

Citi analyst Itay Michaeli, who has a “sell” rating on Tesla, cut his price target to $191 from $238. He pointed to a an email Musk sent to employees last week, telling them he would increase cost-cutting, and that the $2.7 billion in recently raised capital would give Tesla just 10 months to break even at the rate it burned cash in the first quarter.

“The recent reported internal memo, which seemingly called into question prior guidance, didn’t help the risk/reward calculus. The implications can be serious, since an automaker’s balance sheet is always subject to the confidence ‘spiral’ risk,” Michaeli wrote in a client note.

Consumer Reports warned on Wednesday that a recent update to Tesla’s Autopilot driver assistance software does not work well and could be unsafe.

“It doesn’t appear to react to brake lights or turn signals, it can’t anticipate what other drivers will do, and as a result, you constantly have to be one step ahead of it,” Jake Fisher, Consumer Reports’ senior director of auto testing, said in a news release.

Tesla did not immediately respond to a request for comment. On April 22, Musk told investors that driverless Tesla “robotaxis” would be available in some U.S. markets next year, a claim met by skepticism by some self-driving experts.

UPPING HIS STAKE

Musk is battling to convince investors that demand remains high for the Model 3, the sedan targeted to propel Tesla to sustainable profit, and that it can be delivered efficiently and swiftly to customers around the world. Tesla lost $702 million in the first quarter and warned that profit would be delayed until the latter half of the year.

On Monday, Musk exercised options to buy 175,000 Tesla shares at $31.17 per share, increasing his indirect stake in the company to 34,102,560 shares, according to a filing. With Tesla’s stock down 41% year to date, Musk’s shares, including 102,880 he bought in this month’s capital raise, were worth $6.6 billion on Wednesday.

Tesla’s debt has stalled at lows hit earlier this week. Its recently issued convertible bond due in 2024 priced at 89.09 cents on the dollar, a record low. Its $1.8 billion junk bond traded at 82.5 cents on the dollar, slightly up from the all-time lows it hit on Monday and Tuesday.

The cost to insure Tesla’s debt, as measured by its credit default swap, edged up to roughly 28% of the face value of Tesla’s 2025 bond, from 27.6 % the day before.

(Reporting by Noel Randewich; additional reporting by Kate Duguid in New York and Vibhuti Sharma in Bengalaru; editing by Nick Zieminski and Jonathan Oatis)

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