Well, we knew it was coming. Self-driving trucking technology company TuSimple confirmed Wednesday it plans to lay off 25% of its total workforce as part of a broader restructuring plan designed to keep the company running. The layoffs come a couple of weeks after TuSimple and Navistar ended their deal to co-develop purpose-built autonomous semi… Continue reading Self-driving truck company TuSimple to lay off 25% of workforce
Tag: Autonomous
TuSimple Announces Restructuring with a Focus on Investing in R&D to Advance Autonomous Trucking Technology
Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness. Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple’s leading autonomous trucking technology. Restructuring impacts approximately 350 employees, or 25% of TuSimple’s workforce; 80% of the remaining approximately 1,100 TuSimple employees are in R&D functions.… Continue reading TuSimple Announces Restructuring with a Focus on Investing in R&D to Advance Autonomous Trucking Technology
I drove hundreds of miles ‘hands-free’ in GM, Ford and Tesla cars – here’s how it went
The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning and predictive speed assist. Lincoln DETROIT – Letting go is hard. Even if major automakers want to make it easier. Car companies are rapidly expanding technologies that can control the acceleration, braking… Continue reading I drove hundreds of miles ‘hands-free’ in GM, Ford and Tesla cars – here’s how it went
Top 5 Robots of 2022: Watch Them Change the World
Robots have rolled into action for sustainability in farms, lower energy in food delivery, efficiency in retail inventory, improved throughput in warehouses and just about everything in between — what’s not to love? In addition to reshaping industries and helping end users, robots play a vital role in the transition away from fossil fuels. The… Continue reading Top 5 Robots of 2022: Watch Them Change the World
MSC Group completes acquisition of Bolloré Africa Logistics
MSC STATEMENT GENEVA, Dec. 21, 2022 /PRNewswire/ — MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates (“Bolloré Africa Logistics Group”) highlights the… Continue reading MSC Group completes acquisition of Bolloré Africa Logistics
US and Europe OTA Testing Market Report 2022: Soaring Demand for Fully Autonomous Cars Drives Sector Growth
DUBLIN, Dec. 21, 2022 /PRNewswire/ — The “US and Europe OTA Testing Market Forecast to 2028 – COVID-19 Impact and Regional Analysis By Technology, Type, Frequency Range, Application, and End User” report has been added to ResearchAndMarkets.com’s offering. The US & Europe OTA Testing Market is expected to grow from US$ 561.6 million in 2021 to… Continue reading US and Europe OTA Testing Market Report 2022: Soaring Demand for Fully Autonomous Cars Drives Sector Growth
MSC Group completes acquisition of Bolloré Africa Logistics
MSC STATEMENT GENEVA, Dec. 21, 2022 /PRNewswire/ — MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates (“Bolloré Africa Logistics Group”) highlights the… Continue reading MSC Group completes acquisition of Bolloré Africa Logistics
MSC Group completes acquisition of Bolloré Africa Logistics
MSC STATEMENT GENEVA, Dec. 21, 2022 /PRNewswire/ — MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates (“Bolloré Africa Logistics Group”) highlights the… Continue reading MSC Group completes acquisition of Bolloré Africa Logistics
The Worldwide Automated Storage and Retrieval System (ASRS) Industry is Expected to Reach $11.8 Billion by 2027
DUBLIN, Dec. 21, 2022 /PRNewswire/ — The “Automated Storage and Retrieval System (ASRS) Market by Function (Storage, Distribution, Assembly), Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load), Micro Fulfilment Center, Dark Stores, Industry and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global ASRS market size… Continue reading The Worldwide Automated Storage and Retrieval System (ASRS) Industry is Expected to Reach $11.8 Billion by 2027
Hamburg as a model region for autonomous driving
When it comes to autonomous driving, Hamburg wants to develop into a model region. A statement of intent. The Transport Senator Anjes Tjarks (Greens) and FDP Federal Transport Minister Volker Wissing want to make Hamburg a “Metropolitan Model Region Mobility”. The focus will be on autonomous driving. Actually bundles Hamburg already some projects for autonomous… Continue reading Hamburg as a model region for autonomous driving