SoulMete - Informative Stories from Heart. Read the informative collection of real stories about Lifestyle, Business, Technology, Fashion, and Health.

Self-driving truck startup Gatik inks deal to serve Sam’s Club hubs

[ad_1]

“Once proven, we believe autonomous deliveries will enable us to remove cost and complexity from the supply chain,” Hayes Shimp, vice president of sales at Georgia-Pacific, said in a written statement. The company makes products like paper towels and napkins, which Gatik will haul.

Texas has become the epicenter of autonomous truck testing. Self-driving truck companies such as TuSimple, Waymo, Embark, Aurora, Kodiak Robotics and others have established operational hubs in the state.

What distinguishes Gatik in its new partnership is its planned use of 26-foot Class 6 trucks. Georgia-Pacific had been using Class 8 tractor trailers on the routes that Gatik will now ply. The change will translate to reduced logistics costs and allow what the partners call “near real-time inventory fulfillment.”

KBX is the global logistics arm of Koch Industries, which Gatik counts as a key investor through its Koch Disruptive Technologies investment firm. Other key backers include Wittington Ventures, Goodyear Ventures, Trucks VC and Ryder Ventures.

Last fall, Gatik and Ryder began collaborating on creating an autonomous delivery network across North America, with an initial focus on Dallas-Fort Worth.

[ad_2]
Source link