Verizon – U.S. Xpress Invests in Autonomous Trucking Know-how
CHATTANOOGA, Tenn.—U.S. Xpress Enterprises, Inc. has introduced an funding in TuSimple, a self-driving expertise firm bringing to market an autonomous answer for long-haul freight transportation. Along with a big monetary funding, U.S. Xpress is actively testing the expertise on choose transport lanes and President & CEO, Eric Fuller has joined TuSimple’s Govt Advisory Board.
“We’re passionate about finding innovative solutions to industry challenges and investing now will give us a clear advantage when this technology matures in the years to come,” stated Fuller. “Additionally, the Executive Advisory Board is bringing together market-specific insight from across the industry to help drive the development and adoption of this important technology.”
U.S. Xpress has been working with TuSimple since 2019 and has not too long ago begun testing the autonomous expertise on choose lanes for a few of its main prospects. From this testing, TuSimple can collect very important data and benchmark security and effectivity requirements which is able to assist convey the expertise to market safely and reliably.
“U.S. Xpress has been a valuable partner in the testing of our autonomous technology and Eric will continue to provide expert guidance in helping drive the adoption of autonomous trucks as a member of our Executive Advisory Board,” stated Cheng Lu, CEO, TuSimple.
Though the trade will at all times have a necessity for skilled drivers, shortages attributable to diminished CDL faculty graduates and the Drug & Alcohol Clearinghouse is impacting the trade in each the near- and long-term (see the corporate’s latest financial forecast). Autonomous vans will give U.S. Xpress further choices for its shippers and fold into a sturdy portfolio of options.
Final 12 months, the corporate launched its tech-enabled fleet, Variant, and in coming months, shall be rolling out a brand new brokerage providing. U.S. Xpress stays targeted on reworking from a standard trucking firm to a real digital transportation options supplier and this TuSimple partnership is one other instance of the corporate’s innovation.
U.S. Xpress Enterprises, Inc.
Via its subsidiaries, U.S. Xpress Enterprises, Inc. , gives prospects over-the-road, devoted, and brokerage companies. Based in 1985, the Firm makes use of a mixture of sensible expertise, a contemporary fleet of tractors and a community of extremely skilled, skilled drivers to effectively transfer freight for all kinds of consumers. U.S. Xpress implements a variety of digital initiatives and expertise to drive innovation within the trade, streamline the value chain for patrons and enhance the general driver expertise. For extra, go to usxpress.com.