Autonomous trucks are now moving UPS loads — and it shows that driverless trucks may be just a few years away from disrupting the $800 billion trucking industry

Aug 19, 2019 at 08:29 AM CST
UPS announced on Thursday that its venture-capital arm UPS Ventures bought a minority stake in one of the hottest self-driving truck startups around: TuSimple. Based in San Diego and Beijing, TuSimple has a fleet of dozens of self-driving trucks that operate daily in Arizona and Texas. The company already moves shipments for Fortune 500 companies in its trucks, which have a driver and engineer in the cabin at all times to monitor operations and ensure safety. This spring, TuSimple began piloting self-driving shipments for UPS — one of the world's most well-known parcel delivery companies with nearly 112 years in business. UPS Ventures announced its investment following the tests.

Aug 19, 2019 at 08:29 AM CST

UPS announced on Thursday that its venture-capital arm UPS Ventures bought a minority stake in one of the hottest self-driving truck startups around: TuSimple. Based in San Diego and Beijing, TuSimple has a fleet of dozens of self-driving trucks that operate daily in Arizona and Texas. The company already moves shipments for Fortune 500 companies in its trucks, which have a driver and engineer in the cabin at all times to monitor operations and ensure safety. This spring, TuSimple began piloting self-driving shipments for UPS — one of the world's most well-known parcel delivery companies with nearly 112 years in business. UPS Ventures announced its investment following the tests.