FW: Uber Freight’s $851m payout to Greenbriar highlights creative deal structures
FREIGHTWAVES reports: Managed transportation and technology provider Uber Freight’s (NYSE:UBER) conclusion in October of an $851 ...
FREIGHTWAVES reports:
In a major step toward commercializing autonomous trucking, a Knight-Swift Transportation driver will operate a Class 8 Kenworth T680 tractor embedded with Embark Trucks’ autonomous software under its own authority.
The handoff accomplishes one of Embark’s 2022 milestones, first discussed in February.
Until now, high-autonomy autonomous vehicle developers owned and operated Level 4 trucks used in testing. Specially trained safety drivers, usually longtime drivers with millions of miles of experience, made sure the trucks performed as intended. Embark started in 2018 with a driving team of two, moved to a single safety driver and is now turning that over to Knight-Swift…
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