Forget Package Delivery Drones – Here Come Autonomous Containers

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Amazon, UPS and others are exploring using drones to deliver packages to people’s doorsteps, but some companies are thinking bigger — autonomous cargo drones the size of small airplanes.

They are designing unmanned cargo airplanes to compete with short-haul trucks and small freight aircraft. They are testing prototypes and pushing for their large fixed-wing drones to play a key role in the next wave of logistics.

“Companies that can respond and be faster and more flexible will be the winners as the logistics landscape continues to change,” said David Merrill, co-founder of Elroy Air, a San Francisco startup working on a cargo drone prototype.

 

Read the source article at Trucks.com

The global carbon black market is expected to reach an estimated $20.2 billion by 2023 with a CAGR of 5.6% from 2018 to 2023

NEW YORK, June 6, 2018 /PRNewswire/ — Trends, opportunities and forecast in carbon black market to 2023 by application (tire rubber, non-tire rubber, plastic, ink, coating, and others), by end use industry (transportation, industrial, building and construction, printing and packaging,…

Read the source article at PR Newswire

Nokian to focus on sustainability at new test facility

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Santa Cruz De La Zarza, Spain — Nokian Tyres PLC has said stepped up its focus on sustainability with the construction of a new technology centre in the Spanish town of Santa Cruz De La Zarza.

In addition to allowing for year-round testing of summer, all-season and winter tires, the tech centre—Nokian’s third globally—will focus on the cultivation of the guayule plant and its and utilization in the manufacturing of tires that demonstration environmentally friendly characteristics.

Read the source article at European Rubber Journal

Life after Sergio? Fiat Chrysler to unveil five-year plan Friday

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The vision for a post-Marchionne Fiat Chrysler Automobiles and what that means for Michigan should become significantly clearer starting Friday. The Italian-American automaker will lay out its plans for the next five years in a ritual that is highly unusual in the automotive industry, where road maps for the future are not typically on full display.

Read the source article at Detroit Free Press

TireHub Seen as Positive for Goodyear Tire in Long Run, Longbow Research Reports

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The future is looking brighter for Goodyear Tire & Rubber Co.

According to a report from Longbow Research, TireHub is seen as a financial positive in the long haul for Goodyear with foreseeable financial benefits for 2019 and beyond.

Under the TireHub joint venture, Goodyear and Bridgestone Americas are combining the distribution of their passenger and light truck tires. The venture will be headed by former Mattel exec Peter Gibbons.

Read the source article at Tire Review

Raw-materials prices still volatile

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WASHINGTON — Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts.

Read the source article at Tire Business

E-Commerce Automotive Aftermarket to Witness a Pronounce Growth During 2017 to 2025

E-Commerce Automotive Aftermarket to Witness a Pronounce Growth During 2017 to 2025 Albany, NY — ( SBWIRE ) — 05/11/2018 — Global E-commerce Automotive Aftermarket Market: Overview The automotive industry is flourishing in the emerging economies of China and India on the back of increasing income per capita of the urban populations. Since these two countries are vastly populated, the automotive industry is expected to continue gaining new demand for a foreseeable future.

Read the source article at SBWire

Sales, Earnings Up at Yokohama in Q1 2018

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The Yokohama Rubber Co., Ltd., announced today its business and financial results for the first quarter (January to March) of fiscal 2018. Profit attributable to owners of parent increased 18.0% over the same period of the previous year, to 9.3 billion yen.

Read the source article at Tire Review

Raw materials costs hit Conti Rubber Group

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Hanover, Germany – Continental AG’s tire sales have slipped 4.4% year-on-year to €2,635.5 million in the first quarter of 2018, due in part to exchange rate effects and “changes in scope of consolidation”.

In the first three months of 2018, sales volumes for passenger and light truck tires in both original equipment business and tire replacement business were down “slightly” compared with the first quarter of 2017.

Read the source article at European Rubber Journal

Kumho’s 2017 profits plunge as materials costs rise, OE volumes fall

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SEOUL, South Korea—Kumho Tire Co. Inc. suffered an 81.2 percent drop in pre-tax operating profit for fiscal 2017, on 2 percent lower sales.

Kumho’s earnings before interest, tax, depreciation and amortization (EBITDA) fell to $57.4 million on sales of $2.55 billion, according to the company’s fourth quarter investor relations documents. As a result, the operating ratio fell more than nine points to 2.3 percent. The operating result turned red to the tune of $139 million. Kumho did not report net earnings.

Read the source article at Rubber and Plastics News