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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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