Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now

Alphabet's Waymo, Uber Freight in deal for future self-driving trucks

Waymo Via, Alphabet Inc's (GOOGL.O) self-driving trucking company, and Uber Technology Inc's (UBER.N) Freight business announced a long-term strategic agreement on Tuesday that will allow future customers to deploy autonomous trucks more efficiently.

June 07, 2022 / 10:33 PM IST
Representative image

Representative image

Waymo Via, the self-driving trucking unit of Alphabet Inc (GOOGL.O), and Uber Technology Inc's (UBER.N) Freight business on Tuesday said they signed a long-term strategic partnership that would allow future customers to deploy autonomous trucks more efficiently.

The companies did not share a timeline for when their partnership could be used by paying customers, and Waymo and Uber Freight declined to disclose financial details of the agreement.

Under the partnership, future Waymo customers can use Uber Freight to more efficiently plan their automated and human-driven trucking fleets.

Uber Freight's software acts as a middle man connecting truckers with shippers to reduce shipping costs and expensive empty cargo miles. Uber last year made a stronger push into the trucking market by buying logistics company Transplace for $2.25 billion. read more

The partnership marks the latest in a series of company tie-ups in the autonomous trucking space as technology companies race to commercialize their products. read more