Proterra’s surviving businesses may shed bankruptcy stigma  

The stigma of going through bankruptcy is real, whether personal or corporate. But sometimes, it turns out OK. Consider Proterra Inc., a maker of electric transit buses, battery packs and a developer of charging infrastructure.

Several startups in the electrification space ran out of financial runway. They either disappeared or were absorbed by other companies. Proterra’s electric transit bus business tasted early success after launching in 2004. Investors like automaker General Motors’ venture...

https://www.freightwaves.com/news/proterras-surviving-businesses-may-shed-bankruptcy-stigma

Behind Climate United’s historic $250M electric truck buy

Climate United’s plan to spend $250 million to purchase 500 Class 8 electric trucks makes a great headline. But beyond the benefit to owner-operators and small fleets, the impact involves the future of zero-tailpipe-emission freight hauling.

More than cleaning up the ports

Climate United is stewarding a $6.97 billion grant of Inflation Reduction Act (IRA) funds awarded by the Environmental Protection Agency. The immediate goal is to help clean up the nation’s ports, where older and dirtier trucks...

https://www.freightwaves.com/news/behind-climate-uniteds-historic-250m-electric-truck-buy

IAA 2024: Daum’s legacy – a stand-alone Daimler Truck

The Sept. 4 news release announcing Martin Daum’s successor as Chair and CEO of Daimler Truck didn’t precisely say the legendary trucking industry executive was retiring.

This week at the IAA Transportation truck exhibition, Daum definitively answered the question. He’s done at the end of the year.

The Sept. 4 news release announcing Martin Daum’s successor as Chair and CEO of Daimler Truck didn’t precisely say the legendary trucking industry executive was retiring.

This week at the IAA...

https://www.freightwaves.com/news/iaa-2024-daums-legacy-a-stand-alone-daimler-truck

’22 proved to be banner year for Kodiak Robotics

A few years ago, the autonomous trucking industry was just gaining its footing, with real-world use mostly limited to small-scale pilots.

Many people assumed it would be a long time before driverless trucks would actually make commercial deliveries on a consistent basis, but this reality is approaching quicker than anticipated.

As evidence, you only need to look at Kodiak Robotics, which is bringing autonomous capabilities to the trucking industry with its fleet powered by the Kodiak Driver...

https://www.freightwaves.com/news/22-proved-to-be-banner-year-for-kodiak-robotics

DOT study predicts no mass layoffs from driverless trucks

A U.S. Department of Transportation (DOT)-sponsored study on automated driving systems (ADS) concludes that truck drivers should not fear significant job losses due to automation unless driverless technology is adopted on a fast timeline.

Produced by DOT’s Office of the Assistant Secretary for Research and Technology, “Macroeconomic Impacts of Automated Driving Systems in Long-Haul Trucking,” released in January, for the first time estimates productivity benefits due to ADS in the trucking...

https://www.freightwaves.com/news/dot-study-predicts-no-mass-layoffs-from-driverless-trucks

Congestion on the high seas — Midday Market Update

MMU 11/24

What maritime markets look like right now

Ocean freight stays hot but will it be impacted by Chinese New Year?

Headlines

The Port of Los Angeles is willing to pay terminals for turning trucks quickly in order to get freight moved through the market. Currently imports far outweigh exports in the Port of LA and Micheal Vincent says this imbalance is a major efficiency killer for port operations. 

U.S. Xpress has released its 2021 economic outlook and the company is forecasting fundamentals from 2020...

https://www.freightwaves.com/news/congestion-on-the-high-seas-midday-market-update

Resolve Marine’s MAKUSHIN BAY Response Tug Stations in Kodiak Alaska

The MAKUSHIN BAY

Resolve Marine’s MAKUSHIN BAY Response Tug Stations in Kodiak Alaska

November 2020, Kodiak, AK, Resolve Marine repositions their MAKUSHIN BAY response tug from Dutch Harbor, AK to Kodiak, AK where the growing need for maritime and response services will provide local vessel operators and owners with rapid response and cost efficiencies. Stationing the salvage and emergency response vessel in Kodiak, Alaska with a 24/7, manned crew will significantly increase response time and...

https://www.allaboutshipping.co.uk/2020/11/18/resolve-marines-makushin-bay-response-tug-stations-in-kodiak-alaska/