The parcel delivery company has revealed a collaboration with TuSimple. In a statement, they said that, since May, the autonomous truck company has been carrying UPS cargo on a 115-mile route between Phoenix and Tucson, AZ.
The Future of Mail Delivery?
This Thursday, Aug. 15, UPS Ventures announced that it has taken a minority stake in TuSimple, the self-driving truck technology company.
In the statement, UPS said:
"Throughout the ongoing tests, UPS has been providing truckloads of goods for TuSimple to carry on a North American Freight Forwarding route between Phoenix and Tucson, AZ.
"The company initiated self-driving service in May 2019, with a driver and engineer in the vehicle."
UPS and TuSimple have both been monitoring safety data and transport times, the statement says.
Cutting Shipping Costs
As per Gizmodo, TuSpimple claims it can cut average costs of shipping in a tractor-trailer by up to 30 percent.
UPS Ventures Managing Partner Todd Lewis said, “UPS Ventures collaborates with startups to explore new technologies and tailor them to help meet our specific needs.”
“UPS is committed to developing and deploying technologies that enable us to operate our global logistics network more efficiently,” stated UPS Chief Strategy and Transformation Officer, Scott Price.
“While fully autonomous, driverless vehicles still have development and regulatory work ahead, we are excited by the advances in braking and other technologies that companies like TuSimple are mastering."
As the Verge reports, TuSimple's self-driving technology is built in-house and then implemented into Navistar trucks. The tech uses nine cameras and two LIDAR sensors to allow its vehicles to drive autonomously on the road.