• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Business

    Posted By maria gbaf

    Posted on December 17, 2021

    Featured image for article about Business

    By Tina Bellon

    AUSTIN, Texas (Reuters) – DHL Supply Chain has placed a U.S. order for 100 trucks equipped with TuSimple’s self-driving technology and manufactured by Navistar to further expand its understanding of driverless trucks in its supply chain.

    DHL, a subsidiary of Deutsche Post AG, in a statement said that while the partnership was currently in its infant stages, it looked forward to deploying TuSimple’s driverless technology across multiple regions outside the United States in the future.

    The logistics provider, which also has partnerships with other self-driving companies, began working on a pilot program with California-based TuSimple earlier this month to transport daily hauls between Dallas and San Antonio, Texas.

    Those hauls are currently operated by TuSimple-owned trucks retrofitted with the company’s self-driving technology. The new trucks, expected to be delivered to DHL between 2024 and 2025, will be owned by the logistics company and equipped with autonomous technology from the start.

    TuSimple will then provide its self-driving services to DHL on a subscription basis as part of the company’s long-term business plan, TuSimple Chief Executive Cheng Lu said in an interview.

    “Retrofitting a truck is simple not scalable,” Lu said.

    TuSimple last year partnered with Illinois-based Navistar to co-develop self-driving trucks targeted for 2024 production. Navistar took a minority stake in TuSimple.

    For DHL, autonomous truck deployment is currently limited and a spokesman said the company was vendor-agnostic, allowing it to partner with the optimal suppliers and technologies in different regions.

    DHL in October submitted a reservation for 100 trucks with TuSimple competitor Embark Trucks Inc, and said it will submit further reservations with a yet unnamed third autonomous trucking provider.

    The DHL order brings TuSimple’s total truck reservations to nearly 6,900. The company already has a partnership with UPS and said it aims to remove safety drivers from its trucks on an 80-mile (130-km) test route between Tucson and Phoenix, Arizona, in the coming months.

    (Reporting by Tina Bellon in Austin, Texas; Editing by Marguerita Choy)

    By Tina Bellon

    AUSTIN, Texas (Reuters) – DHL Supply Chain has placed a U.S. order for 100 trucks equipped with TuSimple’s self-driving technology and manufactured by Navistar to further expand its understanding of driverless trucks in its supply chain.

    DHL, a subsidiary of Deutsche Post AG, in a statement said that while the partnership was currently in its infant stages, it looked forward to deploying TuSimple’s driverless technology across multiple regions outside the United States in the future.

    The logistics provider, which also has partnerships with other self-driving companies, began working on a pilot program with California-based TuSimple earlier this month to transport daily hauls between Dallas and San Antonio, Texas.

    Those hauls are currently operated by TuSimple-owned trucks retrofitted with the company’s self-driving technology. The new trucks, expected to be delivered to DHL between 2024 and 2025, will be owned by the logistics company and equipped with autonomous technology from the start.

    TuSimple will then provide its self-driving services to DHL on a subscription basis as part of the company’s long-term business plan, TuSimple Chief Executive Cheng Lu said in an interview.

    “Retrofitting a truck is simple not scalable,” Lu said.

    TuSimple last year partnered with Illinois-based Navistar to co-develop self-driving trucks targeted for 2024 production. Navistar took a minority stake in TuSimple.

    For DHL, autonomous truck deployment is currently limited and a spokesman said the company was vendor-agnostic, allowing it to partner with the optimal suppliers and technologies in different regions.

    DHL in October submitted a reservation for 100 trucks with TuSimple competitor Embark Trucks Inc, and said it will submit further reservations with a yet unnamed third autonomous trucking provider.

    The DHL order brings TuSimple’s total truck reservations to nearly 6,900. The company already has a partnership with UPS and said it aims to remove safety drivers from its trucks on an 80-mile (130-km) test route between Tucson and Phoenix, Arizona, in the coming months.

    (Reporting by Tina Bellon in Austin, Texas; Editing by Marguerita Choy)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe