Restaurant chain Chipotle Mexican Grill (NYSE: CMG) announced it participated in a funding round for self-driving vehicle startup firm Nuro. The investment was made in November 2020, but Chipotle’s participation was just revealed by the company.
“We are always seeking opportunities that provide innovative solutions for increasing access and convenience for our guests,” said Curt Garner, Chipotle’s chief technology officer. “Nuro could change the traditional delivery model and we believe...
The U.S. Department of Transportation (DOT) released on Monday a strategy for integrating automated driving systems (ADS) into the commercial trucking and passenger vehicle sectors.
The 38-page Automated Vehicles Comprehensive Plan (AVCP), which will be published in the Federal Register for public review and comment, “lays out a vision for the safe integration of automated vehicles into America’s transportation system while ensuring that legitimate concerns about safety, security, and privacy...
https://www.freightwaves.com/news/dot-lays-out-strategy-for-automated-trucking
Ike, an autonomous long-haul trucking startup that ranked No. 17 in FreightTech 25, made strides in 2020 toward the future where self-driving tractor-trailers pull freight on interstates. Perhaps recognizing the value of Ike’s people and technology, partner and minority investor Nuro recently acquired the company.
“… We have watched as Ike developed not just one of the most rigorous safety-first and systems-based approaches to self-driving development, but also a team that is widely regarded as...
https://s29755.pcdn.co/news/freighttech-25-ikes-humble-road-to-autonomous-trucking-pays-off
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the U.S. Postal Service has cut a deal to ensure parcels will be delivered this holiday season. Plus, despite a push to allow hair testing for drugs, some carriers believe a proposed rule that would authorize it would weaken the effectiveness of the Drug and Alcohol Clearinghouse, and Workhorse Group blames COVID-19 for not hitting production targets.
Hair testing concernsThe trucking industry has...
https://s29755.pcdn.co/news/the-daily-dash-usps-cuts-delivery-deal-hair-testing-dispute
Waymo recently bolstered its self-driving truck program by expanding into Texas with a new hub in Dallas.
Waymo joins a growing number of driverless tech firms locating facilities or freight operations in the Dallas-Fort Worth area, including Aurora, Nuro, Kodiak Robotics and TuSimple.
“Operating in a major freight hub environment like Dallas, we can test our Waymo Driver on highly dense highways and shipper lanes, further understand how other truck and passenger car drivers behave on these...
https://s29755.pcdn.co/news/waymo-picks-dallas-for-driverless-trucking-hub
Venture capital funding into the logistics industry has amounted to nearly $28bn since 2015, research from McKinsey shows.
And although US digital freight forwarder Flexport has taken many of the headlines during this period, it is actually the last-mile and B2C logistics sectors that have received the overwhelming proportion of that finance.
Ocean and air freight platforms – in which McKinsey classes Flexport – follow far behind.
And, somewhat surprisingly, given the focus …
The post $28bn...
https://theloadstar.com/28bn-invested-in-freight-start-ups-since-2015-most-in-last-mile-and-b2c/