Driving forward: A roundup of latest freight tech, autonomous trucking stories

A roundup of the latest trade news in the world of freight tech and autonomous trucking.

Embark, Kodiak and TuSimple join Self-Driving Coalition

Embark, Kodiak and TuSimple became the first companies dedicated exclusively to developing self-driving trucks to join a coalition representing the autonomous vehicles industry. The coalition’s members include Argo AI, Aurora, Cruise, Ford, Lyft, Motional, Nuro, Uber, Volvo Cars and Waymo.

The Self-Driving Coalition was established to work with lawmakers,...

https://s29755.pcdn.co/news/news-briefs-a-roundup-of-latest-freight-tech-and-autonomous-trucking-stories

DOT lays out strategy for automated trucking

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

Driving the autonomous vehicle market in 2021 — Midday Market Update

How will AV makers fair in the new year?

Kevin Hill and Michael Vincent break down todays market conditions.

Headlines

Central Freight Lines is the latest transportation company to suffer a cyberattack, with hackers knocking its operating system and call center offline last week. 

Forward Air was also hit by a ransomware attack last week and a new disclosure to the SEC reveals it may cost Forward Air some revenue. The company says it is back up and operating but is still actively responding to the...

https://s29755.pcdn.co/news/driving-the-autonomous-vehicle-market-in-2021-midday-market-update

TuSimple sets sights on autonomous truck goal — Midday Market Update (with video)

MMU 11/24

Michael Vincent and Andrew Cox discuss what a deal with TRATON Group means for self-driving truck technology

Andrew cox fills in for Kevin Hill to talk autonomous vehicles and todays latest headlines

Headlines

KLLM announced a pay raise for drivers, bumping the earning potential by over 9%. KLLM follows Werner, Heartland and others hiking wages and sign-on bonuses for drivers to try and keep up with growing demand and a continued driver shortage. 

Data from Wall Street shows shipping stocks...

https://www.freightwaves.com/news/tusimple-sets-sights-on-autonomous-truck-goal-midday-market-update-with-video

The Daily Dash: Broker transparency fight rages on

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the battle lines are being drawn in the regulatory fight over broker transparency, and now the Federal Motor Carrier Safety Administration will consider dueling petitions. Plus, J.B. Hunt announced several executive changes, and self-driving startup TuSimple secures $350 million in funding.

Sides stake out their broker battle lines

Federal regulators are considering opposing petitions on rulemakings...

https://s29755.pcdn.co/news/the-daily-dash-broker-transparency-fight-rages-on

Self-driving truck company TuSimple reportedly raises $350M

Self-driving trucking company TuSimple reportedly has raised about $350 million in a Series E round closing this month, according to Forbes.

Citing two people “familiar with the matter,” Forbes said the raise was being led by consulting and investment firm VectoIQ, helmed by Steve Girsky, and includes additional investment from current partners Navistar (NYSE: NAV) and Volkswagen’s Traton Group, a freight rail operator and grocery retailer.

TuSimple declined to comment on the raise.

Girsky is...

https://s29755.pcdn.co/news/tusimple-reportedly-raises-350m

TuSimple snags Goodyear Tire in latest autonomous trucking partnership

TuSimple is partnering with Goodyear Tire & Rubber Co., as the self-driving trucking company continues to build a network of supplier and OEM partners.

The collaboration, announced Tuesday, will provide tires and tire management solutions to TuSimple’s Autonomous Freight Network (AFN). 

As part of the agreement, Goodyear also will provide products and repair services for the Level 4 autonomous trucks. Level 4 autonomy refers to trucks that do not need a driver under certain conditions.

Additionally...

https://s29755.pcdn.co/news/tusimple-snags-goodyear-tire-in-latest-autonomous-trucking-partnership

Self-driving big rigs: More like the internet than the iPhone

  • Industry panel says autonomous trucks will be phased in gradually, eventually transforming a huge swath of economic activity.
  • Autonomous trucking deployment limited by patchwork of state regulations.
  • Embark legal counsel: “Any accident would set the entire industry back. The peer pressure is not just present — it’s existential.”

Federal regulations give autonomous trucking companies wide latitude to operate on public roads, but as a new administration prepares to take office, industry...

https://www.freightwaves.com/news/self-driving-big-rigs-more-like-the-internet-than-the-iphone

TuSimple teams with Hillwood on Texas logistics hub

  • TuSimple has secured property for a logistics hub in an innovation zone located near the Fort Worth Alliance Airport.
  • The 9,600-square-foot facility represents a “significant investment” for the San Diego-based startup.
  • The project, to be developed by Hillwood, the development firm founded by Ross Perot Jr., will house autonomous truck operations, service and administrative support.

TuSimple has secured property for a logistics hub in an innovation zone located near the Fort Worth Alliance...

https://s29755.pcdn.co/news/tusimple-teams-with-hillwood-on-new-texas-logistics-hub

TuSimple names former FMCSA administrator as chief legal and risk officer

TuSimple announced Wednesday that Jim Mullen, the former acting administrator of the Federal Motor Carrier Safety Administration (FMCSA), will serve as the self-driving truck company’s chief legal and risk officer.

In his new role, Mullen will oversee legal affairs and risk management strategy and help continue to develop TuSimple’s approach to safety. 

Mullen’s experience leading the U.S. Department of Transportation’s FMCSA will “prove to be invaluable to our company as we work to introduce L4...

https://s29755.pcdn.co/news/tusimple-names-former-fmcsa-acting-administrator-as-chief-legal-and-risk-officer

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