• ITVI.USA
    13,683.230
    2,931.500
    27.3%
  • OTLT.USA
    2.949
    -0.056
    -1.9%
  • OTRI.USA
    19.680
    -0.650
    -3.2%
  • OTVI.USA
    13,646.340
    2,945.470
    27.5%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
  • ITVI.USA
    13,683.230
    2,931.500
    27.3%
  • OTLT.USA
    2.949
    -0.056
    -1.9%
  • OTRI.USA
    19.680
    -0.650
    -3.2%
  • OTVI.USA
    13,646.340
    2,945.470
    27.5%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
FreightWaves LIVENews

F3 chat: Trucking automation is much closer than you think

‘The playbook that the [transportation] industry has used for the two or three decades before now — you can just throw that out.’

FIRESIDE CHAT TOPIC: Emerging technologies in transportation — autonomous is around the corner

DETAILS: How soon will autonomous trucks be on the highway? Why has freight transportation changed so much in the past few years — and is that change all because of the COVID-19 pandemic? Shanker discusses these questions and more with Danny Gomez, FreightWaves managing director of financial and emerging markets.

SPEAKER: Ravi Shanker, executive director and lead transportation and airlines analyst, Morgan Stanley

BIO: Shanker has been with Morgan Stanley for 17 years and is currently an executive director covering freight transportation and the airlines. He covered the North American automotive sector for 12 years before moving on to freight transportation and eventually the airline industry.

KEY QUOTES FROM SHANKER

“The playbook that the [transportation] industry has used for the two or three decades before now — you can just throw that out.”

“In December 2019, we expected 2020 to be the tightest truck market in history. This was before anyone had heard of the pandemic, and that was because of structural changes that were taking place in the trucking industry. … A lot of this is a function of structural change rather than a near-term temporary thing that is driven by the pandemic. When you layer on bigger trends on top of that, things like ESG [environmental, social and governance], things like demographics and labor shortage, we think that transportation as we know it will fundamentally change over the next decade.”

“Two of the biggest trends that we’re looking at are the automation of the trucking space … and the broad digitization of the supply chain.”

“Autonomous trucking is one of the few areas of disruption anywhere in the world or anywhere in this industry where regulation is actually ahead of the technology.”

Joanna Marsh

Joanna is a Washington, DC-based writer covering the freight railroad industry. She has worked for Argus Media as a contributing reporter for Argus Rail Business and as a market reporter for Argus Coal Daily.

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