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Mumbai/ Chennai, January 03, 2025: Hyundai Motor India Limited (HMIL), Indias premium and smart mobility solutions provider, transported 26% of its total domestic wholesale volumes through rail-freight in CY 2024, accounting to 1,56,724 units. Log on to hyundai.co.in
Truckers spend 23% of their workday idling at loading docks, while forklift operators rush to carry freight between the trailer and staging area, despite 25% of all industrial accidents taking place at the loading dock, according to Slip Robotics. Slip Robotics won a 2024 RBR50 Robotics Innovation Award for its development of SlipBot.
LAS VEGAS — CES 2024 featured a wide range of emerging technologies, from fitness devices and videogames to autonomous vehicles. Credit: The Robot Report RoboBusiness PitchFire 2023 winner Glidance also won a CES 2024 Innovation Award and showed the latest functional prototype of its Glide device in its booth. The 150 lb. (68
Minister for Ports and Freight Melissa Horne has opened the state conference of the Victorian Transport Association , which will centre on the workers who support the $21 billion freight and logistics sector that is the state’s economic force. It also discusses the effects of the severe floods from last year on the sector.
CAMBRIDGE — As part of the Fastfrate Group, Challenger Motor Freight, a privately owned logistics and transportation company, announces that it has won the 2024 Best Fleets to Drive For Award in the Large Carrier division.
Car output rises for first time in a year, reflecting model changes in 2024, with commercial vehicle output also up as demand stabilises following two years of post-pandemic volatility. Vehicle production rises 17.1% compared with weak March last year, but total Q1 output down -6.3% ahead of new US tariff announcements.
Submit your nominations for innovation awards in the 2024 RBR50 awards. They included Embark (a loss of $300 million), Uber Freight (a loss of $680 million), TuSimple (a loss of $775 million), and even Alphabet’s Waymo Via (losses undisclosed). Meili Technologies will exhibit at CES 2024. Click here to enlarge.
Kodiak delivers freight daily for its customers across the southern United States using its autonomous technology. In 2024, Kodiak delivered to first driverless trucking product to a customer. The company won a 2024 RBR50 Robotics Innovation Award for its autonomous test pickup truck for the U.S. Army vehicles.
Vertiia has attracted local and international interest from operators that address both critical applications, including casualty evacuation, air ambulance services, emergency response operations, and regional freight and passenger transport over long distances.
This week SMMT published the latest Motorparc figures for the UK showing that the number of vehicles on British roads reached its highest ever level in 2024. Its risen by 1.4% to 41,964,268, of which 5,798,867 are commercial vehicles of vans, trucks and buses more than ever before. Van use is at a record level, up 1.8% to 5,102,180 units.
no-change mark, it signalled the steepest worsening of operating conditions in 2024 to date. The latest manufacturing data disappointed in July, with accelerated declines in both output and new orders both recorded as we enter the second half of 2024. down from 49.3 Remaining below the crucial 50.0
revenue decline in fiscal 2024, dropping from $890.6 ProMat coverage on Automated Warehouse 7 warehouse robotics exhibits to visit at ProMat 2025 Fox Robotics launches FoxBot Mk3 forklift with 4 new functions Slip Robotics adds SlipBot+ attachments to unload more freight Podcast sponsored by Wandelbots Simplify automation without limits.
The year 2024 will see the logistics industry make its most significant shift to date towards sustainability, with investments in this space set to skyrocket, according to MEGATRANS show director, Lauren Chartres. The post 2024 to be the year of the Sustainable Supply Chain appeared first on Manufacturers' Monthly.
SAN ANTONIO, 6 th August 2024 – This year, the commercial vehicles sector – light, medium, and heavy – is grappling with unprecedented growth barriers. However, 2024 presents new obstacles as market saturation looms. in 2024, even as North America and Europe face significant contractions.
SAN ANTONIO, 6 th August 2024 – This year, the commercial vehicles sector – light, medium, and heavy – is grappling with unprecedented growth barriers. However, 2024 presents new obstacles as market saturation looms. in 2024, even as North America and Europe face significant contractions.
Demand commentary leaned overall fairly positive but balanced out by a noticeable uptick in comments regarding continued rises in freight/container costs and labor strikes/delivery issues. RELATED CONTENT: Fastener Distributor Index (FDI) | February 2024 Fastener Distributor Index (FDI) | January 2024 up from 50.5 in February.
Were just two months away from the Commercial Vehicle Show and as we celebrate its 25th anniversary as the UKs largest trade show for road freight, transport and logistics, its clear how much the Show has changed over the past quarter century. The latest SMMT data published today shows the UK produced more than 6,900 CVs last month, down -41.5%
HOST: Lisa Kleinhandler Thank you, Cris, I’m Lisa Kleinhandler, Editor-in-Chief at Fastener News Desk reporting the latest news making headlines the week of September 23, 2024. orders already on the rise for the first half of 2024. Join the NFDA for three days of education, networking, fun, and California sunshine October 16-18, 2024!
The project has the potential to connect the archipelago of the Philippines by passenger and freight carriage air bridges, coupled with strategically located hydrogen production plants for clean energy production. AMSL Aero also has aircraft orders from a leading Australian aviation operator, Aviation Logistics.
Additionally, China’s commercial trucking industry is witnessing rapid electrification, driven by increasing cross-border eCommerce demands and freight needs. Our growth analysis, “ Growth Opportunities in China’s Electric Vehicle Industry, 2024–2030 ,” explores how industry players can leverage current and future trends.
IN THE NEWS with Fastener News Desk the Week of June 17, 2024 We’ve got a great episode on tap for you this week with lots to report, loose fasteners, incorrect torquing, fastener acquisitions, and MDM’s 2024 Top Fastener Distributor list, with several industry events happening this week and more!! Just as the Federal Reserve and U.S.
” The new contract will expire December 31, 2024. I applaud them for their work and look forward to their continued efforts to improve working conditions for their members in the future.” “From the onset, the company demanded significant concessions from the union,” Rick Raso, President of Unifor Local 101.
The Office of Rail and Road (ORR) called for the extra money during its response to NR’s proposed £43.1bn spending plans for the five-year period from 1 April 2024. The ORR sets specific performance requirements for trains that are designed to benefit both passengers and freight operators. per cent in England and Wales and 8.7
The Indian Truck & Bus Fleet Summit 2024 was held recently on February 24 in Hyderabad. Digital Freight Brokerage – Opportunities and Challenges : The panel discussed the benefits of digital freight brokerage for fleet owners, emphasizing its growth potential in India.
This is set to eliminate previous supply chain risks and significant freight costs, while also eliminating the emissions that would be created by transporting the pipe across the country.
The move eliminates existing supply chain risks and cuts freight costs and emissions that would be created by shipping the pipe across the country, the WA government said in a press release. .
Air Inuit B737-800 NG arrives in Kuujjuaq on July 16, 2024 (CNW Group/Air Inuit) SAINT-LAURENT — Air Inuit introduces the first of three Boeing Next-Generation 737-800s acquired in 2023 into service. The aircraft arrived at Kuujjuaq Airport carrying essential freight for distribution in Nunavik communities.
From April 2024, all United Pallet Network (UPN) palletised freight deliveries handled by members across its UK-wide partner network have been carbon neutral, under a carbon offsetting scheme. This way, they can have peace of mind that their products are not only being transported from A to B safely, but also more sustainably.”
The Prices Index climbed into expansion (or ‘increasing’) territory as new pricing levels for 2024 went into effect.” WHAT RESPONDENTS ARE SAYING “The start of 2024 looks good. There is a real short-term increase in the cost of international freight.” Cash flow will be tight in 2024.”
says full-year sales topped $1 billion in a record for the air freight company, while fourth-quarter revenues jumped by a third. It is reporting revenues for all of 2024 rose 14 per cent to reach just over $1 billion. Cargojet Inc. Cargojet says net income rose to $71.2 million in the three months ended Dec.
In 2024, advanced markets such as North America and Europe are projected to experience a decline in truck sales due to excess capacity and a sluggish freight sector. eCommerce, Customization, and Micromobility Trends in the LCV Market Several trends are set to shape the global LCV market in 2024 and beyond. of sales in 2023.
With such breadth of seminar sessions, alongside displays and demos of the latest tech, the Commercial Vehicle Show’s exhibitions and seminars represent a must-see opportunity for fleets – of all sizes, types and ambitions – to boost their success as industry change accelerates in 2024 and beyond.
This project will help raise the profile of sustainable freight, demonstrating how routes can be more effectively planned, drivers can be kept more local to their homes, and environmental benefits can be achieved by all.” The trucks are planned to arrive from late 2024 and into early 2025.
Innovative Technologies to Transform Market Dynamics Several key trends are expected to influence the connected truck telematics market in 2024 and beyond. Figure 2: Service Revenue by Region, Global, 2024 Europe’s market will expand steadily, despite challenges such as slowing GDP growth and declining road freight volumes.
Shipping delays, especially related to ocean freight, led to another deterioration in vendor performance. The decline was also the steepest in 2024 so far, with reports of the nonreplacement of leavers and some concerns about the economic outlook leaving firms reticent to hire new workers.
Autonomous trucks have long been seen as the solution to overburdened road freight networks and inefficient logistics chains. Our forecasts indicate that Level 4 autonomous trucks – if commercialized as anticipated by 2024-2025 – have the potential to transport about ~22% of the annual freight tonnage in the US by 2040.
Image: Prime Creative Media The finalists for the 2024 Women in Industry Awards were announced back in April, recognising exceptional female leaders across various industrial sectors. Fulton Hogan, a large infrastructure construction company based in New Zealand and Australia.
New analysis shows a new business lead was created every seven seconds at 2023’s CV Show – with the UK’s biggest road transport event set to generate thousands more in 2024. Some 300 exhibitors, from OEMs and suppliers to services and solutions providers, expected to attract 15,000 visitors to the NEC Birmingham on 23-25 April.
This rail investment will help to de-risk the region by providing local storage and an alternative to road freight which is currently being used to move bulk chemical products into the Abitibi market. It is expected to be completed and begin to service customers by the end of November 2024.
We are delighted that nearly 200,000 permits have been issued and want to thank all of the freight operators who have led the way in ensuring they only operate the safest lorries in London and across the UK.”. ” TfL is aiming to introduce tighter standards from October 2024, when the minimum DVS star rating will be three stars.
lakh individuals through CSR projects in 5 years Mumbai, 19 th February 2024: India-based Transworld Group, a leading Global Shipping & Logistics Solution conglomerate, recently released its sustainability report (SR) for FY22-23. Plans to benefit 2.5
In 2024 alone, over 12.3 However, growth obstacles remain, including slower economic growth in 2024 compared to 2023, high interest rates, rising inflation, and geopolitical tensions in Ukraine and the Middle East. million such vehicles are in operation, highlighting the sector’s critical role in global supply chains.
In 2024 alone, over 12.3 However, growth obstacles remain, including slower economic growth in 2024 compared to 2023, high interest rates, rising inflation, and geopolitical tensions in Ukraine and the Middle East. million such vehicles are in operation, highlighting the sector’s critical role in global supply chains.
Ovako said the solution could also clear the way for large-scale and cost-effective production of hydrogen for applications such as fossil-free freight using fuel-cell trucks. With installations at multiple locations, this could enable a network with locally produced fossil-free hydrogen available for the transport sector.
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