Level 4 technology

TuSimple: Autonomous freight network 6 months ahead of schedule

Autonomous trucking software leader TuSimple is running six months ahead of schedule in building out the first phase of its autonomous freight network, and should reach Charlotte, North Carolina, and Orlando, Florida, by the end of the year.

TuSimple Holdings (NASDAQ: TSP) on Wednesday opened a new facility in Fort Worth, Texas, that extends its reach with supervised autonomous trucks and reduces the time it will take to complete the first part of a three-phase nationwide autonomous freight...

https://www.freightwaves.com/news/tusimple-autonomous-freight-network-6-months-ahead-of-schedule

Self-driving trucks: A 10 billion-mile proof case for Plus

It seems every autonomous trucking software developer has different commercialization approaches and unique go-to-market timetables.

Take Plus, the Cupertino, California, startup that splits self-driving truck efforts between the U.S. and China. Plus is aggressively moving to install its Level 4 software stack in First Auto Works (FAW) trucks in China. It is selling $10,000-$20,000 retrofits for various makers’ Class 8 semis in the U.S.

“Rather than dozens of trucks, we will have hundreds and...

https://s29755.pcdn.co/news/self-driving-trucks-a-10-billion-mile-proof-case-for-plus

Navistar feels COVID sting in Q4 and full-year 2020 earnings

Navistar International Corp. (NYSE: NAV) reported COVID-impacted lower sales and earnings for its fourth quarter and fiscal year on Thursday. It is likely the final independent earnings report before its $3.7 billion sale to Volkswagen AG’s Traton Group closes in 2021.

Navistar executives skipped the quarterly call with analysts because of the Nov. 7 definitive merger.

Key financial highlights

  • Fourth-quarter net loss of $236 million, or $2.36 per diluted share, including $297 million of...

https://s29755.pcdn.co/news/navistar-feels-covid-sting-in-q4-and-full-year-2020-earnings