CEO Todd Ehrlich says the venture studio model leverages valuable resources for innovators to build startups faster and with less complexity and capital.
Bridgestone invests in Kodiak Robotics and sees tire data sharing improving safety of autonomous trucks.
Outside funding totals nearly $5 billion as Waymo’s expenses rise to expand driverless ride hailing and high-autonomy trucking software.
Wabtec and General Motors have signed a memorandum of understanding to develop and commercialize GM’s advanced battery technology and its fuel cell technology for Wabtec’s locomotives.
A new terminal in Fort Worth, Texas, will let TuSimple extend its autonomous trucking network eastward to North Carolina and Florida.
There’s fintech and FreightTech. PayCargo plays in both spheres and is well supported by investors.
Circulor helps manufacturers track CO2 emissions and trace materials such as the cobalt, lithium and plastics in electric vehicle batteries throughout supply chains.
PowerFleet offers in-cab and exterior camera technology, as well as visibility for the freight pallets inside the trailer.
Fleet intelligence provider Omnitracs announced the latest release of its SmartSense technology Thursday. SmartSense for Inattentive Driving+ aims to reduce accidents by identifying distracted driving.
Truckload carrier Western Express will install Platform Science’s full suite of technologies, including the Remote Platform Management system, across its fleet of 3,000 trucks.
J.B. Hunt Transport Services is the latest fleet to test autonomous trucking software in Texas, hauling loads in human-supervised robot trucks from Waymo Via.
KeepTruckin has unveiled Fuel Hub, a telematics-based machine learning tool that can help identify drivers and vehicles that may be using more fuel than needed.
Turntide Transport division will initially target electromechanical systems to decarbonize markets such as commercial and industrial vehicles, rail, marine and aerospace.
Waabi has emerged from stealth with $83.5 million in funding and a plan to build AI-first self-driving technology.
The desktop and mobile versions of the carrier portal will launch in mid-July, while the app will be released later in Q3.
The blank-check route to going public is losing steam, but Aurora Innovation may take the plunge in a SPAC led by one of its investors.
If the farmer had the phone number of the customer buying the grain or OFE’s app to make the match, maybe there wouldn’t be as many middlemen and maybe the farmer would have better options.”
“We think we’re kind of on the cutting edge of this,” the Global Weather Corp. CEO said about its role in advancing road condition forecasting.
Three years after winning an exemption to use cameras instead of ungainly outside mirrors on semi-trucks, Stoneridge Inc. is winning over fleets.
Kodiak Robotics strikes a partnership with South Korea’s SK conglomerate to move its autonomous trucking software to Asia.
