UPS Invests In Autonomous Trucking Company, Tests Self-Driving Tractor Trailers
August 15, 2019
August 15, 2019
ATLANTA, Georgia, Aug. 15 -- UPS, a package delivery company and a provider of supply chain management solutions, issued the following news release:
UPS (NYSE:UPS) today said its venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple. Together, both companies are testing self-driving tractor trailers on a route in Arizona to determine whether the vehicles can improve service and efficiency in the UPS(R) network. This is an extension . . .
UPS (NYSE:UPS) today said its venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple. Together, both companies are testing self-driving tractor trailers on a route in Arizona to determine whether the vehicles can improve service and efficiency in the UPS(R) network. This is an extension . . .