Reverse stock splits: Often a path to oblivion
Reverse stock splits offer an immediate – if artificial – benefit to companies struggling with low stock prices. But they rarely work out long term.
Reverse stock splits offer an immediate – if artificial – benefit to companies struggling with low stock prices. But they rarely work out long term.
Animus between co-founders of TuSimple is playing out in courts across the US with a proposed liquidation the latest salvo.
As public confidence in autonomous vehicles continues low, autonomous trucking developers are reeling in safety data from third-party experts.
A new study projecting adoption of hydrogen internal combustion engines over the next decade suggests modest adoption.
Xiaodi Hou was cast as a villain in the decline into irrelevance of autonomous trucking developer TuSimple. He sees it differently.
The lanes are getting longer for autonomous trucks and the promise of greater profitability is predicted to follow.
Driverless truck developers are looking to third-party validators to back their safety claims.
While the company continues to deny any wrongdoing, TuSimple has filed to settle its federal fraud case.
J.B. Hunt and autonomous truck maker Kodiak Robotics have executed more than 50,000 accident-free miles on a long-haul lane between Bridgestone facilities.
Kodiak Robotics is delaying commercial on-highway driverless trucks to focus on autonomy in the Permian Basin.
James Taylor will take his second run at leading a commercial electric truck company as the new CEO of Bollinger Motors.
Uber Freight and Aurora Innovation have launched a subscription program making it easier for carriers in the Uber Freight network to invest in autonomous assets.
Waabi has raised $200 million in an oversubscribed Series B round, led by Uber and Khosla Ventures, the company announced. Waabi plans to launch fully driverless trucks in Texas by 2025.
A newsier-than-typical Advanced Clean Transportation Expo featured the first appearance by Tesla and a single stage gathering of legacy OEMs.
The potential energy and environmental gains from autonomous trucking are laid out in a new white paper from Aurora Innovation.
Autonomous trucking regulation is already a state-by-state issue. In California, it may become a community-by-community matter.
After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle […]
Navistar has announced it will partner with Plus to integrate its autonomous driving technology into Navistar’s vehicles.
The arcade game Whac-A-Mole describes state-by-state approach to rules of the driverless road while 50-state solution appears far off.
Semi-trucks are getting better at monitoring what drivers do and, frankly, driving themselves. Truckers are understandably concerned.
Ryder System is leasing space at a Houston maintenance facility to Kodiak Robotics for driverless truck operations.
One-time autonomous trucking leader TuSimple took the next step in its pullout from the U.S. market by voluntarily delisting from the Nasdaq.
Middle-mile autonomous trucking leader Gatik is benefitting from additional technology advancements in its collaboration with Goodyear.
Kodiak Robotics showed its 6th-generation autonomous truck that will begin hauling freight without a driver in Texas later this year.
Nikola is finally putting its fuel cell electric truck in the hands of retail customers like Bill Hall of Coyote Container.
Aurora Innovation has frozen the designs for its Aurora Driver hardware that German supplier Continental will build.
Three companies departed autonomous trucking in 2023 as Aurora Innovation, Kodiak Robotics and Torc Robotics staked leadership claims.
The financial freezeout of startups by investors may be thawing as FOMU — the fear of messing up — begins to subside.
Reliable Robotics successfully tested its autopilot system with no one on board the Cessna cargo plane.
TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.
Working under a U.S. Army contract, Kodiak Robotics showed a prototype of its light-duty autonomous application in a Ford F-150 pickup.
Torc Robotics has the autonomous truck nearly ready. Now comes the hard work of making a business from it.
Who is leading, following, emerging or out of the game in autonomous trucking? Here’s an assessment of shifts among the players.
Aurora Innovation opened its Interstate 45 autonomous trucking route between Dallas and Houston as unease and criticism grow.
The International Trade Commission terminated a patent infringement claim by lidar maker Ouster against Chinese competitor Hesai.
Can Outrider hold onto its healthy lead in distribution yard autonomy as competition begins to form?
California Gov. Gavin Newsom sided with autonomous technology developers over organized labor and his own party in vetoing AB 316.
Stack AV founder Bryan Selesky is keeping most of the details of his autonomous trucking startup to himself for now.
Lawmakers on both sides of the aisle pressed the American Trucking Associations and tech companies over job and safety concerns associated with driverless trucks.
The California Senate passed a bill to ban heavy-duty driverless trucks, leaving it to Gov. Gavin Newsom to sign or veto the legislation.
The timing in promoting its growing patent portfolio could suggest TuSimple is trying to find a buyer for its U.S. business.
Amid a contraction of autonomous trucking firms, the founders of self-driving startup Argo AI are launching a driverless trucking startup.
Tyson Foods has signed a three-year contract to use Gatik autonomous trucks to move its protein products on the middle mile.
The governor of California appears to favor supporting autonomous trucking technology over labor objections.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Could Kodiak leverage some of the work Navistar has in on a redundant chassis for a Class 8 autonomous truck?
Investor confidence coincidentally clashes with an executive’s stock sales at autonomous trucking developer.
The future of Waymo Via had been whispered about for months after parent Alphabet Inc. cut thousands of jobs across the company earlier this year.
Seeking clues in TuSimple’s delayed financials; a case for an autonomous trucking slowdown; and Kodiak Robotics’ dual-use approach to autonomy.
Capital markets that have been freezing out mobility startups may be thawing with Aurora Innovation raising $820 million in new funding.
Kodiak Robotics and Drivewyze are working with Texas authorities to make it easier for autonomous trucks to bypass weigh stations.
Even as it pivots from the U.S. market for autonomous trucks, TuSimple still faces threat of Nasdaq delisting over late reports
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
The voluntary structure of NHTSA’s automated vehicle testing initiative will hinder the agency’s ability to modify AV safety regulations down the road, OOIDA contends.
After months of turmoil and an inability to regain meaningful momentum, TuSimple looks at selling its U.S. operations.
After originally working with TuSimple, Loadsmith picks Kodiak Robotics for autonomous driving systems.
Autonomous trucking software developer TuSimple completed a driverless truck pilot on a U.S. highway in 2021. Now it has done it in China.
The California State Assembly voted 54-3 to ban autonomous trucks without safety drivers from the state’s roadways.
School buses qualify for a lot of incentives to go electric, but are the vouchers and grants enough to make a difference?
Embark Technology, an early leader in autonomous trucking software development, becomes part of Applied Intuition in a $71 million deal.
Autonomous trucking software developer TuSimple will cut 300 more jobs and keep China operations it had planned to spin off or sell.
Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure.
Once the flywheel that is electric trucks gets spinning, there will be no slowing it down. But as former college football coach Lee Corso is fond of saying on ESPN […]
Kodiak Robotics bought a Peterbilt Model 579EV to marry its autonomous system with electric propulsion. It is using the truck in testing.
Kodiak has taken big steps along its commercialization journey with new carrier partnerships and advancements in its self-driving trucking technology.
Aurora Innovation and Continental AG are partnering to build the Aurora Driver autonomous hardware to scale for the U.S. in 2027
Predictive maintenance analytics for autonomous trucks could provide a reverse benefit for human-driven trucks.
Artificial intelligence, not magic, allows Merlin to operate small aircraft without a human pilot.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
Truck safety advocates and labor are at odds with big business over a request to loosen regulations for driverless trucks.
Kodiak Robotics was shooting for easier maintenance of its autonomous trucks but it made them appear more normal in the process.
Aurora Innovation says being “feature complete” on its autonomous truck software puts it on target for driverless runs in 2024.
TuSimple plans driverless trucking on a commercial basis in Arizona next year – without a manufacturing partner.
Settling multiple distractions surrounding TuSimple was Cheng Lu’s priority when he returned as CEO in November.
It’s been three months since TuSimple fired a quarter of its workforce. Three of those who survived the cuts talked with FreightWaves.
Federal guidance from 2019 suggested driverless trucks could skip electronic logging devices. Will that hold up?
Even with multiple investigations to close, TuSimple has three years worth of money to run its autonomous trucking business.
TuSimple co-founder Xiaodi Hou says his ouster was retaliation for failing to support a pay package for the rehired CEO whom he replaced.
TuSimple co-founder Xiaodi Hou quit the board at the autonomous trucking startup as the company investigated him for employee poaching.
How confident is Kodiak Robotics of the safety of its autonomous system? How about cutting a sensor cable while the truck is running?
Embark Trucks, the original autonomous trucking company, may put itself up for sale or liquidate after laying off 70% of its employees.
In some rare good news for autonomous truck software developer TuSimple, the FMCSA closed a probe into a crash last April.
Autonomous truck convoy developer Locomation denied reports it is closing, but said it laid off most non-engineering employees.
What does it mean to have a former Daimler Truck executive in charge of Torc Robotics? Experience guides a big mission focus
Nikola customers will test Plus autonomy on the startup’s battery and fuel cell electric trucks this year and make it standard in 2024.
How long will incentives drive the transition to electric trucks and help pay for the infrastructure that powers it? It’s going to be awhile.
A cross-section of Industry experts offer thoughts on how transportation management systems will integrate with autonomous trucks.
The Wall Street Journal reported a federal watchdog group urged an espionage probe into TuSimple leaders, but the company denied the report.
Ameriflight, an air cargo contractor for big express companies, is considering a large purchase of uniquely designed, semi-autonomous freighters from Natilus.
James Reed is the new COO at autonomous truck startup Kodiak Robotics, possessing tech credentials unrivaled among trucking executives.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
It is pretty much acknowledged across the trucking industry that a consolidation of players in autonomous trucking is coming.
Autonomous trucking language can be a little off-putting to the uninitiated. One exception may be the term “feature complete.”
Microsoft Corp. is reportedly near an investment in Gatik, the middle-mile autonomous trucking startup.
From a Netflix-worthy docudrama at TuSimple to dueling technology announcements, autonomous trucking took steps toward commercialization.
TuSimple cut 25% of its workforce that grew too fast following the company’s public debut in 2021.
The spending bill to keep the federal government running through fiscal 2023 includes updated measures for trucking and maritime sectors.
Autonomous trucking startup TuSimple will be on the hook for $15 million in cash severance if it ousts CEO Cheng Lu a second time.
Knight-Swift is the first carrier to put its own driver behind the wheel of a tractor embedded with autonomous software from Embark Trucks.
Autonomous trucking developer TuSimple appointed three independent directors to right its ship after a month of boardroom drama.