TuSimple Holdings

On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.”

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TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.

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The timing in promoting its growing patent portfolio could suggest TuSimple is trying to find a buyer for its U.S. business.

Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.

The Wall Street Journal reported a federal watchdog group urged an espionage probe into TuSimple leaders, but the company denied the report.

It is pretty much acknowledged across the trucking industry that a consolidation of players in autonomous trucking is coming.

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.

Autonomous trucking developer TuSimple appointed three independent directors to right its ship after a month of boardroom drama.

The breakup with Navistar is a big deal for autonomous truck developer TuSimple, but its balance sheet could limit reputational damage.

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The industry’s first autonomous trucking marriage between TuSimple and Navistar is the first to end in divorce.

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Boardroom drama at TuSimple takes a new turn with the executive chairman holding 59% voting control of the company.

A permanent replacement for TuSimple CEO Xiaodi Hou is expected soon as the company chairman and the ousted founder exchange barbs.

TuSimple fired co-founder Xiaodi Hou as CEO and kicked him off the board amid federal probes into dealings with China.

Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.

TuSimple’s stock price has tanked in recent weeks, and a published report says the autonomous truck developer may sell its China business unit.

TuSimple’s leadership succession plan was known inside the autonomous trucking startup, but the unexpected timing rattled investors.

TuSimple claims a “clean bill of health” as a U.S. probe of foreign investment ends with an agreement to guard U.S.-developed technology.

Nonbinding reservations from fleets hit 7,325 as 2021 revenues grow to $6.3 million

The roads are mostly mapped for TuSimple to drive autonomously in Texas. Now it is up to commercial property developers to get ready.

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Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.

German shipper and delivery service DHL reserves 100 TuSimple autonomous trucks six weeks after joining Embark Trucks’ partner program.

Aurora Technology pledges to be first to take the driver out of an autonomous truck in late 2023, but its freight ambitions are modest at present.

After moving packages for UPS in converted Chrysler Pacificas, Waymo Via is applying its latest autonomous system to Class 8 trucks in Texas.

Revenue is not the point in TuSimple’s partnership with UPS, which holds the autonomous trucking startup to its third-party shipper standards.

In the disruptive world of autonomous trucking, TuSimple says it has to haul freight to prove the technology works.

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With 14,200 reservations for its autonomous trucking software, Embark Trucks predicts it will surpass the first-year revenue target.

Waymo autonomous truck engineering lead Boris Sofman makes the case that a decade of self-driving car efforts blazed the path to driverless trucks.

FedEx integrates the Aurora Driver autonomous system on PACCAR trucks into its logistics operations on Dallas-to-Houston round trips.

SPAC-sponsored autonomous software developer Embark Trucks is tapping industry experts for advice as its public debut nears.

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TuSimple Holdings trading approached three times its daily average on lockup expiration. Shares posted a small gain after tumbling for six weeks.

TuSimple is sitting on $1.5 billion in cash as it ramps up hiring and expands its autonomous freight network.

Experiencing the view from the passenger seat of a PlusDrive-equipped truck navigating a northern California rush hour.

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Embark Trucks plans to go public at a $5.16 billion valuation with sponsorship by the special purpose acquisition company that backed Lion Electric.