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Nvidia, Uber, Volvo Invests $200M In This Autonomous Trucking Startup
Tuesday, June 18, 2024 - 7:24am | 588In a major boost to the autonomous vehicle industry, Waabi, an autonomous trucking startup, has raised $200 million in a Series B funding round. The round saw significant investments from tech giant Nvidia (NASDAQ:NVDA), ride-hailing service provider Uber (NYSE:UBER), and automobile manufacturer...
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Walmart Drives Closer To Autonomous Delivery With Ford, Argo AI Deal
Wednesday, September 15, 2021 - 11:58am | 909Ford and Argo AI, which are already collaborating on an autonomous vehicle pilot for a rideshare with Lyft, are adding a package delivery pilot to the mix with a separate agreement with Walmart. The three companies will begin autonomous vehicle delivery services in Miami, Austin, Texas, and...
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Hyundai Reveals Autonomous, Hydrogen-Powered Trucking Concept
Tuesday, September 7, 2021 - 1:33pm | 1422Sustainability is in right now. Just look at Tesla and its EVs — the company, founded by mercurial technopreneur Elon Musk, had a stock price of around $88 at the beginning of 2020. The company's shares are now worth north of $700, and other automakers have been paying notice. This week one major...
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Connected Technology And Autonomous Trucking: Then, Now, And In The Future
Monday, August 23, 2021 - 11:52am | 900By Paul Washicko, VP & GM ConMet Digital Business Unity In the commercial vehicle industry, professionals are always looking to enhance key areas of their business, from the total cost of ownership of their assets to the wellbeing of their employees. The desire for continuous improvement has...
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Delivering With Heart
Wednesday, August 18, 2021 - 4:03pm | 391On today's episode, Dooner and The Dude are talking to Tive CEO Krenar Komoni about how the company is working with customers to ensure critical, lifesaving, time-sensitive shipments are on time and in full. Find out how organs for transplant go missing and how tech aims to prevent it....
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Ryder Storms Deeper Into Trucking Autonomy In Tie-Up With Waymo Via
Wednesday, August 18, 2021 - 10:26am | 612Ryder System, Inc. will provide maintenance for Waymo Via as the Google-backed autonomous driving software developer begins revenue-generating freight runs in Texas from a new transfer hub that Ryder helped design. Miami-based Ryder (NYSE: R) also is working with Waymo Via rival TuSimple (NASDAQ:...
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Arrival And Its Automated Driving System Reach Major Milestone
Monday, August 2, 2021 - 12:16pm | 660Autonomous vehicle manufacturer Arrival (NASDAQ: ARVL) announced on Monday a successful test run of its automated driving system (ADS) at a fully functioning parcel facility. It's the first time one of its Arrival Vans has driven around a facility without a driver in tow, performing all daily...
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TuSimple Will Use Ryder Terminals To Expand Autonomous Freight Network
Thursday, July 29, 2021 - 10:46am | 838Autonomous trucking software developer TuSimple will use some of Ryder System Inc.'s (NYSE: R) more than 500 maintenance terminals to stretch its supervised driverless freight network from Arizona to Florida by the end of the year. The addition of selected Ryder facilities in addition to TuSimple'...
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Exclusive First Ride: Plus Autonomous Truck Is A Gentle Giant On The Highway
Monday, July 26, 2021 - 11:17am | 1895CUPERTINO, Calif. — So what is it like when a robot is doing the driving of a fully-loaded Class 8 heavy-duty truck? Really smooth. Really well mannered. And the sense that surrounding traffic is oblivious to the likely future of trucking, at least of this hourlong ride on several northern...
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JB Hunt Will Test Waymo Via Autonomous Trucks In Texas
Thursday, June 10, 2021 - 10:24am | 708J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) will test high-autonomy software from Waymo Via on a leading customer route from Houston to Fort Worth, Texas, where robot truck evaluations are making up a greater portion of Lone Star State traffic. Motorists near the trucks on Interstate 45 might...
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Human-Guided Autonomous Tech Projected To Save Money, Improve Driver Lifestyle
Wednesday, May 19, 2021 - 12:43pm | 1022Autonomous trucking is poised to solve several long-term industrial issues, ranging from tight capacity and chronic truck parking shortages to the untenable toll of highway deaths involving heavy-duty trucks, and do so while delivering a potentially staggering wave of economic prosperity to...
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Autonomous Produce: TuSimple Delivers Watermelons 42% Faster In Pilot Run
Wednesday, May 19, 2021 - 10:39am | 1124Watermelons are the latest proof point for autonomous trucking. TuSimple's driver-monitored Level 4 high autonomy-equipped trucks covered 900 miles from Nogales, Arizona, to Oklahoma City, delivering the fruit in just over 14 hours — 42% faster than a typical run. The efficiency gains from the...
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Outrider CEO: "Yard Of The Future" Is Autonomous And Electric
Tuesday, April 27, 2021 - 12:24pm | 1062Trucks idling in lines to check in at distribution centers due to inefficient yard operations have no place in the "yard of the future," Andrew Smith, CEO and founder of Outrider, told FreightWaves. In this future yard, electric trucks autonomously and efficiently reshuffle and move trailers from...
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Self-driving Truck Startup TuSimple Files For Public Ownership
Wednesday, March 24, 2021 - 11:23am | 996Self-driving truck startup TuSimple filed on Tuesday to become a public company. It is seeking to sell at least $100 million in shares. It could sell as much as $1 billion in stock depending on investors' appetite. Tu Simple filed its paperwork confidentially with the Securities and Exchange...
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Chinese Investors Join $200M Funding Round For Autonomous Startup Plus
Wednesday, February 10, 2021 - 12:57pm | 681Self-driving truck technology developer Plus has completed its Series B funding round, pulling in $200 million from returning backers and new investors from China. In total, Plus has raised nearly $400 million. The new investors include Hong Kong-listed Guotai Junan International, China's leading...