On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.” The post Loaded and Rolling: Autonomous trucking startup TuSimple goes private appeared first
A Q3 shipper survey by Morgan Stanley suggests the freight industry has moved “deeper into limbo” as completion of an excess inventory purge now leads to uncertainty as there is no immediate need to restock. The post Loaded and Rolling: Morgan Stanley sees freight industry move ‘deeper into limbo’ appeared first on FreightWaves.
In an article published Tuesday, FreightWaves CEO and founder Craig Fuller made a case that the trucking industry is not consolidating anytime soon. The post Loaded and Rolling: Small fleets and owner-operators gain market share appeared first on FreightWaves.
The Federal Motor Carrier Safety Administration on Wednesday released parameters on data collection for a new study to determine the impact of detention time on drivers. The Information Collection Request (ICR) was submitted to the Office of Management and Budget (OMB) for review and approval and opened the window for public comments. The post Loaded and Rolling: FMCSA outlines new driver detention study appeared first on FreightWaves.