Venture capital fund EQT Ventures is a backer of electric and autonomous vehicle maker Einride, but it is also a supporter of sustainable business models.
Truck Tech is a weekly newsletter offering perspective and context on electrification and autonomous technologies for fleets and the trucking ecosystem.
Supply chain tech is increasingly driven by late-stage venture capital activity.
According to Gartner, multi-robot orchestration has only penetrated 1%-5% of its total target audience and will become necessary as companies begin deploying more than one robotics technology within their operations.
The commercialization of autonomous vehicles is an all-hands-on-deck affair, requiring competitors to collaborate with each other.
President of PGT Trucking said the load-matching trend doesn’t adequately respond to today’s supply chain constraints, driver shortage and polluted environment.
Before its two-truck autonomous convoys hit the road in 2022, startup Locomation points to a scientific study validating its approach.
Parsyl extracts and transforms data into actionable insights for a particular commodity’s transportation network.
The sight of an armada of ships off the California coast garners much attention, but shippers should instead focus inland to digitize their driver networks.
“I wanted to find a way to reduce emissions that was nonregulatory and allowed shippers to select carriers based on operational efficiency [and] price,” says Eric Beckwitt, Freightera founder and CEO.
Aurora Technology pledges to be first to take the driver out of an autonomous truck in late 2023, but its freight ambitions are modest at present.
“We cut out three to four hours a day of just nonsense back and forth between carriers, accounting, operations.”
“Leaders should realize that you’re not going to get a lot of benefit by trying to build volume with negative margins. The goal here is to be focused on value-adding technology and cloud adoption, not in volume building,” says Loadsmart co-founder and co-CEO Felipe Capella.
“There’s a lot of waste in the freight industry, and we believe much of it can be avoided with new approaches to capacity sourcing and shipment automation,” said the senior vice president of USA Truck, which has been helping develop Convoy’s program for the past year.
FreightWaves’ new series dives into the stories behind the industry’s biggest investments. Its first stop: the 33-year-old Chicago-native Jason Duboe who leads project44’s scaling initiatives.
After moving packages for UPS in converted Chrysler Pacificas, Waymo Via is applying its latest autonomous system to Class 8 trucks in Texas.
Ensuring load accuracy at the shipper facility is key to on-time delivery.
Ree Automotive has unveiled a blank-canvas autonomous vehicle design to last-mile delivery operations.
Five areas where hyperautomation can have an immediate impact
WeatherOptics has become the ninth contributor to the partnership, joining a list of visibility partners including Tive, project44, FourKites, TransVoyant, MarineTraffic, Everstream Analytics and Cloudleaf.
