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Benzinga
Benzinga
Business
Akanksha Bakshi

This Sugarbeet Cooperative Looks To Overcome Truck Driver Shortage - Read How Kratos Helps

Kratos (Organization) KTOS Nasdaq North Dakota
  • Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has teamed with the Minn-Dak Farmers Cooperative (MDFC) to launch self-driving trucks, easing the truck driver shortage burden using Kratos Autonomous Systems.
  • MDFC is a farmer-owned sugarbeet cooperative headquartered in Wahpeton, North Dakota.
  • The collaboration combines Kratos' unmanned system technologies with Minn-Dak's agriculture and transportation expertise.
  • The partnership enables MDFC to use their harvest trucks without investing in brand new "purpose-built" robotic vehicles.
  • In addition, the Kratos Leader/Follower platoon offers several advantages to logistics managers who can now pair available truck drivers with driverless trucks to enhance hauling productivity. 
  • Price Action: KTOS shares traded higher by 1.93% at $13.76 on the last check Thursday.
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