'Collateral damage?' US Customs crackdown alarms importers and brokers The going is about to get tougher for those importing goods into the US and ... FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO South Korean 3PL LX Pantos has expanded its autonomous trucking route across the US into a round-trip operation system. LX Pantos initially trucked Hyundai Mobis automotive parts from the west coast to the east coast, using Class 8 self-driving trucks operated by compatriot haulier start-up Mars Auto. Satisfied with the safety of autonomous trucks, and to reduce empty mileage, LX Pantos is now trucking construction materials between US coasts in the opposite direction. Through this collaboration, the route across the US has increased from approximately 3,500km one-way to a more than 7,000km round-trip, allowing Mars Auto and LX Pantos to break their own record for the world’s longest autonomous transport route. The firms said that, with cargo trucked both ways, they will improve their empty mileage rate – the industry average being around about 16.7%, but they anticipate they can reduce this to approximately 5%. LX Pantos department head Lee Beom-in said: “We plan to develop a new transportation model by combining the potential of autonomous driving technology, verified in actual transportation sites.“ The number of autonomous trucks doing deliveries in the US is unknown, but believed
LX Pantos US coast-to-coast self-drive trucking route now a round-trip
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