Platform Science

Platform Science secures $125M to grow OEM partnerships

Platform Science, a provider of connected vehicle solutions, announced on Tuesday a significant milestone in its growth journey, securing $125 million in funding aimed at bolstering its presence in the commercial trucking sector. 

Participating in this round are existing investors 8VC, NewRoad Capital Partners, and Prologis Ventures (NYSE:PLD), joined by new backers Activant Capital, Manhattan Ventures Partners and BDT & MSD Partners.

This expansion round also witnessed participation from...

https://www.freightwaves.com/news/platform-science-secures-125m-to-grow-oem-partnerships

Bosch’s RevX rolls up available spot loads 

If freight brokers weren’t so preoccupied with celebrating competitor missteps, one of them might have beaten Robert Bosch to RevX — a spot load aggregation tool that also flags double brokering.

The cloud-based RevX is the second product from the German auto supplier’s global Logistics Operating System (L.OS), aimed at simplifying technology and operational processes in transportation and logistics. L.OS launched in December with a goal of generating more than $540 million in freight-related...

https://www.freightwaves.com/news/boschs-revx-rolls-up-available-spot-loads

Electrolyzers only scratch the surface of midcentury hydrogen demand

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Even as manufacturing of electrolyzers grows, the hydrogen-making devices barely address the...

https://www.freightwaves.com/news/electrolyzers-only-scratch-the-surface-of-midcentury-hydrogen-demand

Truck electrification is much more than picking a charger

You can buy a charger for an electric vehicle from any number of suppliers. But it’s an incomplete purchase without knowing when the charger is operating, how much juice it can put out at a given time and whether or not it’s occupied.

“The last conversation I’m having is ‘Let’s pick the right hardware, how to deploy it cost effectively, and let me help you operate it so you get the SLA (service life agreement) you want,” Rich Mohr, ChargePoint Holdings Inc. senior vice president for North...

https://www.freightwaves.com/news/truck-electrification-is-much-more-than-picking-a-charger

Newsom leans toward allowing autonomous trucking in California

“And as the years go by

Our friendship will never die

You’re gonna see it’s our destiny

You’ve got a friend in me” — Randy Newman

The battle over whether to allow heavy-duty autonomous trucks on highways in California is coming to an end. It would be premature to call the outcome, but Gov. Gavin Newsom is lining up behind advanced technology over organized labor. Both are major constituent groups of the Democratic governor.

Assembly Bill 316 would effectively kill autonomous testing and...

https://www.freightwaves.com/news/newsom-leans-toward-allowing-autonomous-trucking-in-california

Would Navistar be a good autonomous partner for Kodiak Robotics?

“All of the ladies attending the ball are requested to gaze in the faces found on the dance cards. Please then remember and don’t get too close to one special one. He will take your defenses and run.” — Song by David Crosby, Graham Nash and Stephen Stills

Navistar has remained quiet about its plans for autonomous trucking since breaking off a two-and-a-half-year partnership with TuSimple in December.

Privately held Kodiak Robotics is emerging as a leader in the shrinking field of autonomous...

https://www.freightwaves.com/news/would-navistar-be-a-good-autonomous-partner-for-kodiak-robotics

The road to TMS and autonomous truck integration

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Autonomous trucks see and interpret their environment through massive amounts of computer power....

https://www.freightwaves.com/news/the-road-to-autonomous-trucking-tms-integration

How Kodiak Robotics avoided FOMO in staying private

The meltdown of transportation SPAC valuations is unrelenting. Here’s the story of one thriving autonomous trucking developer that stayed out of the rush-to-go-public frenzy.

Kodiak Robotics’ peace of being private

One autonomous trucking developer ignored the FOMO (fear of missing out) on the SPAC frenzy of 2020 and 2021. With valuations cratering for most companies that went public via special purpose acquisition companies, Kodiak Robotics is looking pretty smart. 

It is hiring strategically...

https://www.freightwaves.com/news/how-kodiak-robotics-avoided-fomo-in-staying-private

Walmart partners with Platform Science for improved driver workflow

Walmart has announced a partnership with Platform Science to equip the retailer’s private truck fleet of 12,000 drivers with telematics tablet devices.

The Platform Science technology will host Walmart’s driver workflow application, called NTransit, to bring its customers, warehouses and stores real-time visibility into its freight operations. The partnership sprang out of Walmart’s close relationship with...

https://www.freightwaves.com/news/walmart-partners-with-platform-science-for-improved-driver-workflow

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