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Truck Talk: Throwing Shade Edition
Friday, August 27, 2021 - 1:48pm | 1598This week, Plus CEO David Liu talks about autonomous trucking in China; debating the limitations of real-world autonomous miles versus simulations; and hybrid powertrain maker Hyliion's addition of a second secretary of transportation to its board. Was this forwarded to you? Click here to get...
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TuSimple Will Use Ryder Terminals To Expand Autonomous Freight Network
Thursday, July 29, 2021 - 10:46am | 838Autonomous trucking software developer TuSimple will use some of Ryder System Inc.'s (NYSE: R) more than 500 maintenance terminals to stretch its supervised driverless freight network from Arizona to Florida by the end of the year. The addition of selected Ryder facilities in addition to TuSimple'...
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TuSimple's Take On Drivers In Autonomous Trucking World — Taking The Hire Road
Thursday, July 15, 2021 - 4:58pm | 692DriverReach founder and CEO Jeremy Reymer chatted with Jim Mullen, chief administrative and legal officer of TuSimple (NASDAQ: TSP), about the not-so-distant future of autonomous trucking. TuSimple is a San Diego-based, global self-driving truck company that is developing a commercial-ready,...
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Daily Infographic: LONG-RANGE LOOKOUT: AEye Sensor Gives TuSimple 3,280-Foot View
Thursday, July 15, 2021 - 10:20am | 82To view more FreightWaves infographics, click here. Image Sourced from Pixabay
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The Daily Dash: TuSimple's 3,280-Foot View
Thursday, July 15, 2021 - 10:17am | 664The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest tech advances for autonomous trucks, an analysis for investing in the LTL market and more. The High Five 1. One sensor from LiDAR startup AEye Inc. can see more than a half-...
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Long-Range Lookout: AEye Sensor Gives TuSimple 3,280-Foot View
Wednesday, July 14, 2021 - 10:51am | 982One sensor from LiDAR startup AEye Inc. can see more than a half-mile ahead and alert an autonomous truck that a human driver is cutting in from the next lane of traffic. The miniature machine will be part of TuSimple's autonomous driving system for sale on a Navistar International truck planned...
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Truck Talk: Autonomous Patent Edition
Friday, July 2, 2021 - 4:25pm | 1358This week, we look at how technology patents suggest possible winners and also-rans in the autonomous trucking race to commercialization. And Cummins cuts a deal that replaces the sunsetting of its 20-year-old natural gas joint venture with Westport Fuel Systems. A Patent Argument Sizing up the...
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TuSimple: Autonomous Freight Network 6 Months Ahead Of Schedule
Wednesday, June 16, 2021 - 10:33am | 678Autonomous 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...
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Navistar Posts Big Jump In Q2 Earnings With Help From TuSimple
Tuesday, June 8, 2021 - 2:49pm | 546Navistar International Corp. (NYSE: NAV) reported a big jump in its Q2 fiscal-year earnings due in part to gains on its investment in autonomous trucking software startup TuSimple Holdings. Navistar and TuSimple (NASDAQ: TSP) are working together to bring a Class 8 high-autonomy truck to market in...
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Truck Talk: Making The Case Edition
Friday, June 4, 2021 - 11:47am | 1324This week, we're looking at the meaning of electric trucks delivering groceries, autonomous trucks delivering watermelons and other "firsts" trying to make the case for advanced transportation technologies. And a sort of contrarian view on both. Proving Their Mettle Individually, claims of being...
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Autonomous Produce: TuSimple Delivers Watermelons 42% Faster In Pilot Run
Wednesday, May 19, 2021 - 10:39am | 1124Watermelons are the latest proof point for autonomous trucking. TuSimple's driver-monitored Level 4 high autonomy-equipped trucks covered 900 miles from Nogales, Arizona, to Oklahoma City, delivering the fruit in just over 14 hours — 42% faster than a typical run. The efficiency gains from the...
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Plus Scores SPAC Deal As Wall Street Sizes Up TuSimple Prospects
Monday, May 10, 2021 - 12:13pm | 1239Self-driving truck software developer Plus signed a definitive agreement Monday to merge with special purpose acquisition company (SPAC) Hennessey Capital V in a deal expected to bring $500 million in cash and a $3.3 billion valuation to Plus in Q3. Hennessey is a veteran creator of shell...
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Last Week's Notable Insider Buys: AppLovin, Bed Bath And Beyond, TuSimple And More
Sunday, April 25, 2021 - 8:30am | 960Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Once again, some insiders took advantage of recent public share offerings to add or bolster stakes. Industrials, real estate investment trusts and a retailer saw insider purchases...
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Exclusive: TuSimple CEO On Autonomous Semitrucks, Competition And Going Public
Sunday, April 18, 2021 - 8:56am | 504Autonomous trucking startup TuSimple Holdings Inc (NASDAQ: TSP) held its IPO on Thursday. Company CEO Cheng Lu joined Benzinga’s “Premarketprep At The Close” for an interview to discuss the company and its market debut. The IPO Process: Lu told Benzinga the company started the...
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The IPO Week Ahead
Tuesday, April 13, 2021 - 10:28am | 1000This week, five IPOs are scheduled to raise $4.5 billion in the week ahead, led by the largest U.S. cryptocurrency exchange Coinbase's (NASDAQ: COIN) widely anticipated direct listing. But "the largest IPO of the week" title will go to AppLovin (NYSE: APP) that plans to raise $2.0...