Monday 26 February 2018

Self-Driving Trucks

                                      

Trucks will someday drive themselves out of warehouses and cruise down freeways without the aid of humans or even a driver’s cab — about that there seems little disagreement. The question is how soon that day gets here.And while the answers vary — technologists, not surprisingly, are more bullish than truckers — billions of dollars and a growing parade of companies, from tiny start-ups to the country’s biggest trucking operations, are betting it will be here sooner than most people think.This year, companies and investors are on pace to put just over $1 billion into self-driving and other trucking technologies, 10 times the level of three years ago, according to CB Insights, which tracks the venture capital industry.Tesla is widely expected this week to showcase an electric truck that will have some self-driving capabilities. And Embark, a Silicon Valley start-up, is set to announce on Monday that it has been testing its self-driving technology as part of a three-way partnership with the truck-leasing company Ryder and the appliance giant Electrolux.“We are trying to get self-driving technology out on the road as fast as possible,” said Alex Rodrigues, Embark’s chief executive. “Trucking needs self-driving and self-driving needs trucking.”Unlike autonomous cars, which face questions about navigating chaotic urban streets, trucks spend a lot of time heading straight on desolate highways. And while the advent of the self-driving car will rest on the decisions of individual consumers, logistics companies are unemotional operators that will upgrade their fleets the moment it makes financial sense.Trucking is a $700 billion industry that touches every corner of the economy. Trucks haul natural resources from mines and forests. They transport industrial building blocks from manufacturers and deliver goods to stores and homes. Virtually every physical product from food to paper towels and furniture has touched a truck several times by the time it gets to a consumer’s hands.
The industry’s size makes it a fat target for automation. Autonomous technology will help trucking companies reduce labor costs in the long run, first by extending the number of hours trucks are in operation, and later, by reducing the number of drivers. The industry spends billions of dollars a year on accidents that are largely caused by human error, and billions more on insurance premiums that should go down if and when self-driving technology is proven to be safer than human drivers.

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