Goodyear Tire & Rubber

Gatik, Goodyear roll on with autonomous trucking tire technology

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LAS VEGAS — Tires are the only part of an autonomous truck that touch the road. So it helps when...

https://www.freightwaves.com/news/gatik-goodyear-roll-on-with-autonomous-trucking-tire-technology

Microsoft reportedly planning Gatik investment

In a tough fundraising environment for technology startups, Microsoft is reportedly nearing an investment in middle-mile autonomous trucking company Gatik.

Privately held Gatik, the middle-mile developer of autonomous trucking software, last raised $85 million in a Series B round in August 2021. Gatik’s Class 3-6 driverless box trucks operate revenue-generating routes in Texas, Louisiana, Arkansas and Ontario, Canada.

Partnership would follow Gatik’s business model

Microsoft would invest $10...

https://www.freightwaves.com/news/microsoft-reportedly-planning-gatik-investment

When the rubber meets the road, how will autonomous trucks handle blowouts?

A mangled tire on the rim of a semi

Tire blowouts lead to dozens of highway deaths every year. For autonomous trucks, they pose a prickly problem: how to regain control without a human driver at the wheel.

“We can talk about redundancy in our sensors, machine-learning algorithms and all this fancy stuff until we’re blue in the face,” said Don Burnette, co-founder and CEO of Kodiak Robotics. “But at the end of the day, if you press the brake pedal and your tires don’t respond, it’s not useful.”

Kodiak is working with Bridgestone...

https://www.freightwaves.com/news/when-the-rubber-meets-the-road-how-will-autonomous-trucks-handle-blowouts

Truck Tech: Workin’ for a livin’ edition

This week, unmasked in Indy with snowplows, dump trucks, cranes and lots of step vans with an electric undercurrent; “EV-ready” tires; and Locomation keeps its biggest customer in the fold.

Not counting air travel to the Work Truck Week event in Indianapolis, the event was a maskless affair. While COVID impacts continue to snarl supply chains and spike commodity prices, the well-attended event focusing on Class 2-6 trucks at the Indianapolis Convention Center exhibited only a few individual...

https://www.freightwaves.com/news/truck-tech-workin-for-a-livin-edition

The Log Book: CMA CGM to aid Chesapeake Bay oyster replenishment

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: CMA CGM works to restore millions of oysters in Chesapeake Bay, J.B Hunt supports the American Foundation for Suicide Prevention and Goodyear starts accepting nominations for the Highway Hero Award.

CMA CGM plans to restore 5.5 million oysters

Global shipper and logistics company CMA CGM Group announced this week it plans to partner with the Chesapeake Bay Foundation (CBF) to join the...

https://www.freightwaves.com/news/the-log-book-cma-cgm-to-aid-chesapeake-bay-oyster-replenishment

Truck Talk: Cost of change edition

This week, we look at the costs associated with changing corporate captains; tiremakers rolling into trucking autonomy and electrification, and static-free AM/FM radio in the Freightliner Cascadia.  

The cost of change

Leadership change can be expensive, both to remove a current CEO and to hire a new one. Here are three recent example as startups and early stage growth companies onboard operating experience in place of visionary or slow-moving leaders:

Lordstown Motors Corp.

The ouster of Steve...

https://www.freightwaves.com/news/truck-talk-cost-of-change-edition

FreightWaves Classics: No matter the size of vehicle, it needs tires

Missing a tire? (Photo: Jim Allen/FreightWaves)

What is a tire? “A tire is a ring-shaped component that surrounds a wheel’s rim to transfer a vehicle’s load from the axle through the wheel to the ground and to provide traction on the surface that the vehicle is on,” according to Wikipedia.

(Photo: Live Science)

First the wheel

To understand the history of tires, the evolution of the wheel must be reviewed. One of man’s greatest inventions, the wheel dates back to the Neolithic era – 3500 BC – or prior to the Bronze Age. The first wheels were...

https://www.freightwaves.com/news/freightwaves-classics-no-matter-the-size-of-vehicle-it-needs-tires

Transmission: The Goodyear Blimp just grew much bigger

Here’s what’s cookin’ today in Transmission:

  • The blimp has a new passenger: Cooper Tires 
  • Dealers prefer low volumes over excess inventory
  • REE: The EV tech of tomorrow

The blimp has a new passenger: Cooper Tires 

I spent 30 minutes brainstorming catchy tire puns to introduce this next segment. I couldn’t think of anything good so I’ll cut to the chase and save the bad joke: Cooper Tire sold to Goodyear Tires in a deal worth about $2.8 billion. There’s a solid chance the deal won’t close until...

https://www.freightwaves.com/news/transmission-the-goodyear-blimp-just-grew-much-bigger

The Daily Dash: Power index; Goodyear buys Cooper

Pete Buttigieg

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, we highlight the top 10 Biden appointees in the freight industry; a recall at Daimler; growth plans at Yellow Corp.; and big news in the tire industry.

Biden appointees with most freight power?

Sure, a list of the top politicos and government types in the industry will include the secretary of transportation. So step right up, Pete Buttigieg. But how about the other appointees by President Biden?...

https://s29755.pcdn.co/news/the-daily-dash:-power-index;-goodyear-buys-cooper

Goodyear to buy Cooper Tire for $2.5B

Goodyear Tire & Rubber Co. (Nasdaq: GT) announced Monday it will acquire Cooper Tire (NYSE: CTB) in a $2.5 billion deal to strengthen its market position in the global tire industry.

Goodyear said the acquisition of Cooper Tire doubles its presence in China while increasing the number of relationships with Chinese automakers, and also broadens distribution for Cooper replacement tires through Goodyear’s network of 2,500 branded retail stores.

The acquisition also strengthens Goodyear’s position...

https://s29755.pcdn.co/news/goodyear-to-buy-cooper-tire-for-$25b

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