self-driving trucks

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving truck startup TuSimple Holdings Inc (NASDAQ: TSP) on the dip, for the fifth time this week.  The popular stock-picking firm bought 131,565 TuSimple shares, estimated to be worth $1 million, as they...

Cathie Wood-led Ark Investment Management on Monday scooped up more shares of TuSimple Holdings Inc (NASDAQ: TSP), its fourth buy in the self-driving truck startup this month. The popular stock-picking firm bought 112,306 TuSimple shares, estimated to be worth $964,708, as...

Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NYSE: TSP), its third straight buy in the San Diego, California-based startup this month. The popular stock-picking firm bought 97,523 shares, estimated to be worth $...

Cathie Wood-led Ark Investment Management on Wednesday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its second straight buy in the San Diego, California-based startup in over two months.  The popular stock-picking firm bought 40,806 shares,...

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its first buy in the San Diego, California-based startup in over two months.  The popular stock-picking firm...

By David L. Buss The ongoing labor shortage touched virtually every industry, including logistics. Amid rising shipping costs from fuel, companies are compelled to offer higher wages and competitive offers to secure drivers. Wages aren’t enough, however. The demand for drivers is...

Cathie Wood's Ark Investment Management bought more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP) on Tuesday, which has lost nearly 70% in market value so far this year. The stock-picking firm bought 21,619 shares in TuSimple,...

FedEx Corp. (NYSE: FDX) will integrate Aurora Innovation's high-autonomy software-equipped trucks from PACCAR Inc. (NASDAQ: PCAR) into its linehaul logistics operations in Texas, the latest example of real-world testing of robot-driven trucks. Aurora, a latecomer to autonomous trucking after...

Workhorse Group is withdrawing its protest of a multibillion-dollar delivery truck contract that the U.S. Postal Service had awarded to Oshkosh Corp. after reconsidering the background of the bid as well as other business opportunities. "Since I joined the company six weeks ago, we have been...

Ford and Argo AI, which are already collaborating on an autonomous vehicle pilot for a rideshare with Lyft, are adding a package delivery pilot to the mix with a separate agreement with Walmart. The three companies will begin autonomous vehicle delivery services in Miami, Austin, Texas, and...

Autonomous software developer Embark Trucks is coordinating HP Inc.'s use of BYD Class 8 battery-electric trucks (BETs) to pick up and drop off loads of computer products where Embark's supervised autonomous trucks can take over for freeway transit. The pilot project is an extension of Embark's...

Autonomous trucking startup Locomation is pursuing with two Class 8 trucks what others are trying to accomplish with one: ultimately operating without a driver in either cab.  The 3-year-old company is based in Pittsburgh, home of Carnegie Mellon University, a launch point for many of the...

Sustainability is in right now. Just look at Tesla and its EVs — the company, founded by mercurial technopreneur Elon Musk, had a stock price of around $88 at the beginning of 2020. The company's shares are now worth north of $700, and other automakers have been paying notice. This week one major...

Samsara Inc. said on Wednesday it has confidentially submitted plans to regulators for a U.S. initial public offering. The number of shares to be offered and the price range have not been determined, according to a release. The IPO is expected to take place after the U.S. Securities and Exchange...

Electric commercial vehicle maker VIA Motors is being acquired by Ideanomics in a deal that values the company at $450 million. Under the terms, Ideanomics (NASDAQ: IDEX) will purchase Orem, Utah-based VIA in an all-stock transaction, with VIA stockholders receiving 162 million shares of...