Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, announced today that president and CEO Mark Rourke will join TuSimple’s newly established Executive Advisory Board. TuSimple is a global self-driving technology company developing a commercial-ready Level 4 (SAE) fully autonomous driving solution for long-haul heavy-duty trucks.
“The Executive Advisory Board brings together an impressive mix of industry and regulatory leaders from the freight logistics and transportation fields,” said Cheng Lu, CEO, TuSimple. “Our advisors will play a critical role in shaping our go to market strategy and correlating public policy efforts so we can safely and reliably introduce self-driving trucks at scale.”
In addition to providing leadership and a test fleet to shape the future of autonomous trucking, Schneider will have a nominal investment stake in TuSimple, allowing shippers to benefit from Schneider’s growing involvement in this space.
“Schneider always has been – and will be – in the lead at understanding the potential of new technology that can change or impact our industry,” said Rourke. “TuSimple is a leader in developing autonomous technology for the long-haul trucking industry. There will always be a need for well trained and safe professional drivers, and it’s important that we play a key role in safely developing and testing this technology to be the most prepared.”
The carrier has been a leader in the testing, development and deployment of new truck technology for decades. Continued investment in emerging technology that makes its associates safer and improves the overall delivery experience is vital to Schneider’s ongoing success. In recent years, it has invested in advanced driver assistance systems (ADAS) such as collision mitigation and adaptive cruise control, which are the foundation of autonomous vehicle technology.
“While fully autonomous vehicles still have development and regulatory work ahead, we are encouraged by the advances in autonomous technology such as braking and other systems that are helping drivers make our roads safer,” said Rourke. “Schneider will work to test and understand over the coming years how this technology will complement our professional over-the-road driver associates and provide new, innovative opportunities for shippers.”
Schneider is a premier provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.
With nearly $5 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 80 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.
For more information about Schneider, visit Schneider.com or follow the company socially on LinkedIn and Twitter: @WeAreSchneider.
Source: Schneider SNDR