Autonomous Trucking Space Is Heating Up

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1Q 2017 | IN-4465

 

Announcements and Litigation

NEWS


In February (2017), the industry witnessed the debut of California-based Embark (with 21-year-old founders) from stealth mode with its autopilot system for largely unpopulated highway driving, as well as Waymo’s litigation against Otto for patent infringement. However, in the background, companies including Daimler AG, Peterbuilt, and Volvo are busy developing their respective autonomous solutions. Despite all this fanfare and a reported shortage of nearly 100,000 truckers, 1.7 million U.S. truckers are vocally concerned about the longevity of their careers.

Similar Approach to Long-Term Challenges

IMPACT


The U.S. moves at least 70% of freight tonnage via trucks, which is anticipated to rise by 27% over the next 10 years. In addition, the employee base is aging and exceeds the U.S. average, with a median age of 49 years old.

Companies, such as Embark, employ a variety of technologies including radar, cameras, depth sensors (LiDAR), and machine learning (ML), by processing massive data from senso…

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