GM Recalls Self-Driving Taxis Following a Collision
Good morning! Happy Tax Day! As we wrap up another tax season, businesses across the supply chain reflect on the impact of taxes on their operations. From sales tax to income tax, these financial obligations can significantly affect the bottom line of companies both large and small. So grab your morning coffee and let's dive into it. ☕️
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Cruise was founded in 2013 as an autonomous vehicle technology startup and was acquired by GM in 2016. Since then, GM has invested billions of dollars in developing Cruise's self-driving technology to launch a fleet of autonomous cars for commercial use. Last month, a crash occurred in San Francisco, resulting in a recall of the entire fleet to complete a software update. While no one was injured when a driverless Chevrolet ran into the back of a city bus, the incident received significant attention on social media. The CEO has referred to this as a rare occurrence that has never happened in the millions of test runs that have been conducted.
Check out today’s featured article by IOT World Today to learn about GM's response to the incident. Additionally, find out what may have caused this isolated accident between the self-driving taxis and a city bus, and whether similar incidents will occur with the increasing number of autonomous vehicles being released. Will the software update solve all the issues?
Featured Article:
GM’s Cruise Recalls Self-Driving Taxis, Updates Software After Crash | IOT World Today
“Self-driving company Cruise has recalled its robotaxi fleet for a software update after an incident in San Francisco in late March.”
American Politics & Repairs 🇺🇸
Buttigieg Attributes Racial Disparities in Road Fatalities to Inherent Road Issues
Recently, Transportation Secretary Buttigieg made headlines for suggesting that the unequal racial road fatalities in America are linked to how roads are built. This statement highlights the role of structural factors in contributing to these disparities, including issues related to road design and accessibility. In a recent interview with MSNBC, Buttigieg discussed his perspective on the inequality in road fatalities and potential solutions to address this pressing issue. While socioeconomic status is also a contributing factor, Buttigieg's comments highlight the importance of addressing systemic and structural issues in improving road safety and reducing racial disparities in fatalities.
To effectively address the racial disparities in road fatalities, a comprehensive approach is needed that takes into account both structural and individual factors. This may include improving road infrastructure in marginalized communities, providing access to safe and affordable transportation options, addressing systemic biases in law enforcement practices, promoting traffic safety education and awareness, and addressing social determinants of health that contribute to these disparities, such as socioeconomic disparities and systemic racism.
Rail & Network Association 🚂
Canadian Pacific and KC Southern Railroad Merger Announced
The merger between Canadian Pacific and Kansas City Southern has now been finalized, giving rise to a new competitor to the trucking industry. The merged company is named Canadian Pacific Kansas City, and it aims to reduce truck traffic on public roads. The company hopes to divert 64,000 truck shipments to rail each year, with the goal of reducing greenhouse gas emissions by 300,000 tons over the next five years.
Canadian Pacific Railway (CPR) and Kansas City Southern Railway (KCS) are two prominent rail companies in North America, operating extensive networks for the transportation of freight and passengers. Their rail networks are critical infrastructure for moving goods across vast distances and play a significant role in the North American rail industry. In 2021, Canadian Pacific Railway announced its plans to acquire Kansas City Southern Railway in a merger agreement, pending regulatory approval. The proposed merger aims to create a new transcontinental railway linking Canada, the United States, and Mexico, with far-reaching implications for the industry.
Let’s Get Global 🌎
🇨🇳 China Benefits from Biden's EV Mandates. President Biden has set a goal of having two-thirds of new cars be electric by 2032. While this plan has the potential to impact the working class, China continues to dominate the electric vehicle (EV) supply chain. Despite this, the Biden administration is working to catch up and invest in the development and production of EVs domestically.
iLevel With You 🏡
More topics for the average American household to consider…
🇺🇦 Assessing Economic Resilience in Ukraine. One year after the war, Ukraine's economy shrunk by 30%, which is a significant contraction compared to its pre-war output of $200 billion. However, Ukraine has shown resilience in bouncing back, providing hope for the future.
🌎 Differences Between Reshoring and Nearshoring. Nearshoring and reshoring are two strategies used by companies to manage their supply chains and production processes. They refer to different approaches to sourcing goods or services, and the decision to choose one over the other depends on various factors. These factors include the specific needs and priorities of the company, the nature of the industry, the location of the target markets, and the overall business strategy.
📦 Amazon Plans to Change Models for Regional Fulfillment. Amazon has fully transitioned to a regionalized model that aims to improve delivery times and reduce costs for the company. These internal changes to logistics software and operations represent a significant step towards achieving greater self-sufficiency in the future.
Get Smart 🧠
Ramp up that brain power for these advanced topics…
💪 Current Issues: Labor Concerns Ranked Higher than the Economy. Retail and hospitality employers have recently identified staffing and wage issues as their most urgent concerns. In a survey, over half of the respondents ranked staffing issues as more important than global events, banking issues, and new stores.
🚢 Evergreen President Optimistic About Bouncing Back. Evergreen's president, Eric Hsieh, announced that the company saw a 40% increase in profits last year, despite the challenging market conditions. Despite the slow start to the shipping market this year, the company plans to remain profitable. Hsieh is optimistic that Evergreen will rebound in terms of freight levels in the second half of this year.
✈️ Updates on FedEx Pilots and Strikes. FedEx pilots have begun voting on whether to authorize a strike, which could expedite contract negotiations with the labor unions. Nearly 6,000 pilots have indicated that their strike will begin on April 18th.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.