Another drag on UPS Supply Chain Solutions
Still unquantified and unquantifiable
Press release – 15 August 2019
“UPS (NYSE:UPS) today said its venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple. Together, both companies are testing self-driving tractor trailers on a route in Arizona to determine whether the vehicles can improve service and efficiency in the UPS® network. This is an extension of the ongoing commercial relationship between UPS and TuSimple in which UPS has purchased transportation services from TuSimple.”
To read the full release, please click here.
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