SAN
DIEGO, March 29, 2022 /PRNewswire/
-- TuSimple (Nasdaq: TSP), a global self-driving technology
company based in San Diego,
California, today announced its partnership with Loadsmith,
the leading third-party logistics capacity as a service platform
bridging the gap between shippers and carriers, to adopt, integrate
and scale TuSimple's SAE L4 autonomous technology into their
operations.
The partnership is an important strategic component of
Loadsmith's mission to address the driver shortage in North America, while focusing on delivering
unparalleled safety, and efficiency. Included within the
agreement comes an initial reservation of 350 units of
purpose-built SAE Level 4 autonomous trucks for operation on
TuSimple's autonomous freight network in
2024.
"TuSimple's innovations will allow us to provide
state-of-the-art SAE L4 automation to customers operating along the
rapidly advancing autonomous freight network," said Loadsmith CEO
Brett Suma. "Loadsmith prides
itself on providing our customers with cutting-edge solutions that
enhance on-time delivery with the lowest total cost of operation,
and TuSimple's proven driver-out capabilities provides the prime
path for us to do so."
"Loadsmith is an ideal partner to adopt, integrate and scale our
autonomous trucking technology into their operations," said
Xiaodi Hou, Co-Founder and CEO,
TuSimple. "This new partnership further validates the appetite for
SAE L4 technologies alongside the TuSimple autonomous freight
network fostering the expedited commercialization of safe,
efficient, and sustainable transportation of freight throughout
the United States."
TuSimple demonstrated its leadership with the industry's first
driver-out (no human intervention or operator) runs in 2021 which
the company plans to continue through 2022 as it prepares for full
commercialization. TuSimple's "driver out" pilot program is the
product of a year and a half of work to develop an L4 autonomous
semi-truck with the level of redundancy, reliability, consistency,
and safety necessary to remove the driver from the truck.
By the end of 2023, TuSimple plans to carry paid freight
operations in Arizona and the
"Texas Triangle," one of the country's busiest freight regions.
Driver-out runs have been critical in enabling scaling of
autonomous trucking operations on the TuSimple Autonomous Freight
Network. To date, TuSimple has over 11,500 unique mapped
miles in its Autonomous Freight Network and plans to continue to
scale its operations to support its distribution partners.
About TuSimple
TuSimple is a global autonomous driving
technology company headquartered in San
Diego, California, with operations in Arizona, Texas, Europe, and China. Founded in 2015, TuSimple is developing
a commercial-ready, fully autonomous (SAE Level 4) driving solution
for long-haul heavy-duty trucks. TuSimple aims to transform the
$4 trillion global truck freight
industry through the company's leading AI technology, which makes
it possible for trucks to drive safely autonomously, operate nearly
continuously, and reduce fuel consumption by 10%+ relative to
manually driven trucks. Global achievements include the
world's first fully autonomous, 'driver-out' semi-truck run on open
public roads, and development of the world's first Autonomous
Freight Network (AFN). Visit us at www.tusimple.com.
About Loadsmith
Loadsmith is a leading third-party
logistics platform headquartered in Denver, Colorado, with additional locations in
Chattanooga, Tennessee and
Phoenix, Arizona. Founded in 2019,
Loadsmith was built by industry professionals who have worked with
America's greatest carriers, large and small to deliver top of the
line business management and transportation services. Using the
latest in transportation technology, Loadsmith creates a seamless
transportation logistics experience, providing innovative solutions
to our customers and partners.
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SOURCE TuSimple Holdings, Inc.