Navigating the Pros and Cons of Autonomous Vehicle Investments in the Trucking Industry
Carriers and industry stakeholders have been actively involved in advancing autonomous technology, despite ongoing regulatory challenges and the need for further testing. Major trucking companies have invested in self-driving technology firms, enticed by the potential long-term savings and increased fleet utilization that autonomous trucks could bring. However, the investment landscape has been volatile, with fluctuations in stock values and financial hardships for some self-driving tech companies. Nevertheless, the successful implementation of autonomous trucking has the potential to transform the industry by reducing costs, improving productivity, and addressing challenges related to driver turnover and regulations.
Apple has decided to pump the brakes on its electric car project, a move that could positively impact its stock performance, according to a report by Morgan Stanley.
Uber Freight and Waabi have launched a commercial autonomous trucking pilot route in Texas, with plans to offer billions of miles in autonomous hauls with carrier partners over the next decade.
The United Auto Workers (UAW) union has been using CEO pay increases as a central argument in their negotiations with Detroit's three major automakers.
The growing need to modernize truck yards in line with warehouse and transport digitalization is fueling the adoption of established supply chain technologies to enhance asset tracking, allocation, and optimization within these yards.
Alphabet Inc.'s Waymo, the autonomous driving company backed by Google, has decided to shift its focus to its ride-hailing service and delay the expansion of Waymo Via, its autonomous commercial trucking arm.
The California Senate Transportation Committee approved Assembly Bill 316, aiming to ban driverless trucks in the state, even for testing purposes.
The United States is experiencing a concerning rise in traffic fatalities while other countries are seeing a decline.
The trucking industry is facing a significant driver shortage, leading to increased costs, longer delivery times, and reduced productivity.
A think tank, the Information Technology and Innovation Foundation, has called on policymakers to support the adoption and innovation of robotics in warehouses to enhance labor productivity, worker safety, delivery times, and supply chain resiliency.
The California Assembly has passed a bill that would prohibit the testing of autonomous vehicles over 10,000 pounds, and it is now awaiting approval from the state Senate.
Third-party Capacity-as-a-Service startup, Loadsmith, is making a bold move in the logistics industry by ordering a whopping 800 autonomous trucks from Kodiak Robotics.
Carriers and industry stakeholders have been actively involved in advancing autonomous technology, despite ongoing regulatory challenges and the need for further testing.
The National Highway Traffic Safety Administration (NHTSA) is investigating complaints regarding the automatic emergency braking system in Freightliner Semis.
A global study conducted by Valoir reveals that automation, driven by artificial intelligence (AI), is increasingly impacting various job roles.
Platooning technology is becoming a cost-effective solution for autonomous trucking, allowing entry into the market without requiring the purchase of new trucks, says Kratos.
Hyundai Mobis recently conducted a demonstration of their advanced autonomous driving technology on public roads.
As the second largest economy in Southeast Asia, Thailand has established itself as a major automotive hub, with companies like Sony and Sharp setting up operations in the country.
This statement was made by BYD, a well-known Chinese electric car and battery company.
Semiconductors are used in a wide variety of electronic components in modern vehicles, including engine control units, infotainment systems, and safety features such as airbags and anti-lock brakes.
While it's important to note that while automation can help improve the efficiency and quality of the supply chain, it's only one part of the solution.
With fifty judges from the United States and Canada’s auto journalism sector, the finalists were chosen due to innovation, design, safety, handling, driver satisfaction, user experience, and value.
BYD, a Chinese electric vehicle manufacturer, has ordered several car carriers to transport their products across the oceans on their own equipment.
The current food supply chain is often cited as wasteful and unsustainable - and commonly is cited as the culprit for climate issues by environmentalists.
Approximately $33 billion was pledged for new factory development in the automotive sector in the first eleven months of 2022, according to the Wall Street Journal.
With the expectation of capturing approximately 11% of new vehicle sales in the country, Hyundai is having a breakout year.
Investors and corporations are being more “careful” than ever as economic conditions worsen and fully autonomous commercial cars are being called into question.
The Chinese startup in question, Hydron, develops autonomous hydrogen-powered trucks.
Decades ago, the likes of BMW, Volkswagen, and Mercedes-Benz bet it all on China, now selling more vehicles in China than in any other market and building dozens of factories in the country.
After receiving the first National Highway Traffic Safety Administration (NHTSA) approval for operations of this type of vehicle, freight mobility technology company Einride has officially successfully test-run their product.
Apple has called it quits on its ambitious Apple car project, known internally as 'Project Titan', reallocating its 2000-strong workforce.