This is the B2B Shortlist for Wednesday, August 21st, with Geoffrey Short.
UPS confirmed that it has been actively hauling cargo autonomously since May of this year on a 115 mile stretch in Arizona.
This news comes as UPS also announced a minority investment in the self-driving truck startup TuSimple. The United States Postal Service has also been testing the trucks to deliver mail between Dallas and Phoenix.
“Implementation tends to be a little bit easier because we’re primarily doing highway driving. We’re offering a hub-to-hub solution so that’s delivering goods from a customer’s distribution center to another distribution center and we think that we’ll be able to have factory production-ready trucks by 2023, 2024 range,” said TuSimple CFO Cheng Lu in an interview with CNBC this Summer.
For now these UPS trucks will still have an engineer and a driver on board in case of an emergency.
Tesla is also looking ahead with a new product offering. Elon Musk announced this weekend the re-launch of Tesla Solar. Homeowners in six states will soon be able to rent the company’s solar panels for just $50 per month.
“On Tesla’s end, I think it kind of makes sense when you consider that Tesla is a company that’s been trying to create an ecosystem of product use. It’s not just the Tesla vehicle itself, they have the gigapacks that you can use in your garage to charge up your car, they want to try to integrate these other types of technology,” said Brian Cheung, reporter for Yahoo Finance.
The eligible states include Arizona, California, Connecticut, Massachusetts, New Jersey and New Mexico.
That’s what’s happening in the world of B2B today.
Tune in to Business Casual, MarketScale’s live radio broadcast, every Wednesday and Friday at 8 a.m. CST.
For the latest news, videos, and podcasts in the Transportation Industry, be sure to subscribe to our industry publication.
Follow us on social media for the latest updates in B2B!
Twitter – @TransportMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Recent discussions at NRF’s Big Show have catapulted RFID technology to the forefront of retail innovation, signaling a significant shift in how retailers manage operations and customer experiences. With major players like Macy’s and Levi’s demonstrating RFID’s effectiveness in enhancing inventory accuracy and reducing theft, the technology’s potential extends far beyond its initial applications. […]
As mortgage rates and home prices climb, homeowners across the United States are grappling with another financial hurdle: surging home insurance costs. States like Florida and Texas are seeing increases of up to 421% above the national average, primarily due to the rising frequency of severe weather and climate-related events. This trifecta of financial pressures […]
TIME magazine recently unveiled its inaugural list of the world’s top edtech companies, spotlighting the transformative role of technology in education. With companies from Singapore, the UK, Brazil, China, and the U.S. making up the Top 10, this announcement comes at a crucial juncture. The pandemic has drastically shifted education delivery, underscoring the […]
The current digital transformation reshaping healthcare is standing out not only for its rapid adoption of technology, but also for the unique challenges it’s facing in balancing its cybersecurity risks and patient risks. Healthcare systems increasingly rely on interconnected technologies and AI, but the stakes of maintaining tight security measures are incredibly high now. […]
As Earth Day shines a spotlight on environmental stewardship, the conversation around sustainability has extended its roots deep into the veins of the global supply chain. With stringent regulations coming into effect in California, mandating the transition to zero-emission vehicles for port entry, the race to adapt has been catalyzed. This push towards sustainability, […]
In an era where global supply chains face unprecedented challenges—from pandemic-induced disruptions to escalating international trade tensions—the nuances of logistics operations, such as demurrage and detention fees, are gaining significant attention. These fees are intended to streamline port operations but often result in substantial financial burdens for businesses, highlighting a critical area of the […]
Get the latest from
