automotive industry

Tesla eyes $68 million in incentives in Texas for Cybertruck Gigafactory

Tesla has submitted an application for $68 million in tax incentives to build an electric vehicle manufacturing facility in Austin, Texas, according to an application with the Texas Comptroller’s office.

Tesla paid $150,000 on May 21 to file the application for land owned by the Del Valle Independent School District in the Austin area. The incentives would save Tesla money on its property tax bill paid to the school district by capping the property value for 10 years.

The plant could create an...

https://s29755.pcdn.co/news/tesla-eyes-68-million-in-incentives-in-texas-for-cybertruck-gigafactory

Commentary: Is just-in-time past its time?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In “Beat the Devil,” a film noir satire, a shady character poses a question – what is time? He answers his own question by telling his gang of thieves that time is a crook. Well, it is certainly the case that time is valuable and ought not be wasted. One of the most important constraints in logistics management is time. Limited time means that it must be rationed...

https://s29755.pcdn.co/news/commentary-is-just-in-time-past-its-time

Borderlands: Troubled trucking market could linger for months; XPO Logistics to layoff 243 employees

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking sector wrestling with fragile freight rates and loose capacity; XPO Logistics to lay off 243 employees; Mexico’s auto manufacturers restarts factories; World Trade Bridge officers intercept narcotics worth almost $1 million. 

Trucking sector wrestling with fragile freight rates and loose capacity

As the economy reopens and most states relax coronavirus shutdown...

https://s29755.pcdn.co/news/borderlands-troubled-trucking-market-could-linger-for-months-xpo-logistics-to-layoff-243-employees

Auto haulers may soon be on the upswing

COVID-19 has thrown a wrench in the works of most supply chains, especially that of automobile manufacturing, which saw U.S. and Mexican plants close in the wake of the pandemic. The sudden shutdown in automobiles leaving the factories, compounded by a decrease in consumer demand for cars has left many auto haulers in a precarious situation. 

Things may be looking up, however, as automobile manufacturers across America including Detroit’s “Big Three” (Chrysler, Ford, General Motors) restart...

https://s29755.pcdn.co/news/auto-haulers-may-soon-be-on-the-upswing

Mexico creates confusion, announces auto factories will reopen June 1

In the face of a worsening health crisis, the Mexican government announced that auto factories may reopen on June 1, and not Monday as originally announced.

The new decree is a reversal from Mexican President Andres Manuel Obrador’s recent announcement that construction, mining and auto manufacturing would be considered “essential activities,” and could resume next week.

The new decree to restart factories June 1 came as a surprise to many auto industry officials who were expecting to open next...

https://s29755.pcdn.co/news/mexico-creates-confusion-announces-auto-factories-will-reopen-june-1

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