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Autonomous driving company TuSimple is getting a 1-million-square-foot facility at Hillwood’s AllianceTexas development in North Fort Worth.

Share: Autonomous Trucking Technology Company Plans to Start Mass Production in 2021 Proprietary Full-Stack Level 4 ("L4") Software is Behind the Decision-Making Required to Autonomously, Safely and Intelligently Drive the Vehicle Post-Combination Represents Market Capitalization of $3.3 Billion for Plus Plus to Add Up to Approximately $500 Million in Gross Proceeds to Accelerate Commercialization and Expand Global Operations Transaction Supported by $150 Million PIPE, Including Investments From Funds and Accounts Managed by BlackRock and the D. E. Shaw Group, Among Other Institutional Invest...

Trucking employment dips for first time since April The number of payroll jobs in the for-hire trucking industry fell by 2,900 jobs in January, according to preliminary data released Friday by the Department of Labor in its monthly Employment Situation Summary. That’s the first month since April that trucking industry employment fell from the month prior. The slowdown in hiring among trucking fleets fits into the U.S. economy’s overall trend. Job gains in the broader economy hit a plateau in recent months, and employers overall added just 49,000 jobs in January on a seasonally adjusted ba...

Goodyear Ventures adds autonomous trucking company to its portfolio FILE PHOTO The venture capital operation of Akron-based tiremaker Goodyear Tire & Rubber Co. has added an autonomous trucking technology company to its portfolio. California-based TuSimple is now part of the Goodyear Ventures portfolio, according to a news release. The company operates self-driving trucks from facilities in Arizona and Texas, as well as in China, Japan and Europe. Goodyear last year announced a strategic partnership with TuSimple to provide tires and tire management solutions to the company's Autonomous Freig...