Yellow Exec Informs Sales Staff of Bankruptcy Rumors


Autonomous Trucks

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One of the key factors behind this potential bankruptcy is a shortage of cash. The potential impacts of Yellow’s bankruptcy are unclear, with mixed comments from publicly traded trucking companies in the industry. In other news, Waymo Via, the autonomous trucking unit of Alphabet Inc., recently announced a shift in focus from autonomous trucks to autonomous passenger cars and ride-hailing services. This decision follows a series of departures and job layoffs within the autonomous trucking industry. However, Daimler Truck CEO Martin Daum remains optimistic for Waymo, emphasizing that autonomous truck development is an ongoing process, and that Daimler will continue to work with Waymo to advance the technical development of autonomous truck platforms.