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<b>Autonomous Trucks</b>: Safety, Liability &amp; Truck Accidents

For years, autonomous trucking has been discussed as a future possibility. Today, that future appears closer than ever. Several companies are already testing and operating highly automated commercial trucks on highways in states such as Texas, Arizona, and Florida. Meanwhile, lawmakers in Washington are considering legislation that could create the first national framework governing autonomous commercial vehicles. Supporters say autonomous trucks could help address driver shortages, reduce transportation costs, and improve roadway safety. Critics argue that important questions remain unanswered, particularly regarding oversight, cybersecurity, emergency response, and liability after a crash. As autonomous trucking technology advances, the legal and safety issues surrounding these vehicles are becoming just as important as the technology itself. New Federal Rules Could Shape the Future of Autonomous Trucking In May 2026, members of the U.S. House Transportation and Infrastructure Committee introduced the BUILD America 250 Act, a major transportation bill that includes provisions addressing autonomous commercial motor vehicles. The legislation would establish the first federal regulatory structure specifically designed for self-driving commercial trucks operating in interstate commerce. Industry groups have long argued that the current system creates uncertainty because autonomous trucking companies must navigate a patchwork of state laws and regulations. Supporters of the bill say it could provide clearer safety standards while allowing the technology to expand across state lines. The proposed legislation would require federal regulators to address issues including safety certification, incident reporting, inspections, remote operations, and oversight of automated driving systems. It would also establish specific requirements for certain higher-risk operations, including continued human involvement in some circumstances involving hazardous materials and the transportation of minors. While the legislation has not yet become law, it signals that federal policymakers are beginning to prepare for a transportation system in which autonomous trucks play a larger role. Are Autonomous Trucks Safer Than Human

INSIDE U.S. Army's <b>Self-Driving Truck</b>

The U.S. Army is expanding the use of autonomous vehicles in logistics operations, deploying self-driving trucks to transport supplies more efficiently while reducing risks to personnel. The U.S. Army is integrating autonomous vehicles into logistics operations, using self-driving trucks to improve efficiency, reduce risk to soldiers, and accelerate the adoption of emerging battlefield technologies. ADVERTISEMENT

AVI-SPL Launches <b>Autonomous</b> Freight Operations with Volvo

Fort Worth, Texas, June 18, 2026 (GLOBE NEWSWIRE) -- AVI-SPL, a leading global technology solutions provider, and Volvo Autonomous Solutions (V.A.S.) today announced that they have started commercial autonomous freight operations between Dallas and Houston using the Volvo VNL Autonomous powered by the Aurora Driver. The operations will support AVI-SPL’s transport of various audio-visual electronics, including a mix of new products and end-of-life equipment from which AVI-SPL reclaims precious metals as a part of its Electronic Recycling Program. The collaboration reflects AVI-SPL's continued investment in operational innovation and supply chain strategies designed to improve scalability, reliability, and long-term efficiency. “AVI-SPL is a leader in its industry, moving high-value goods where speed and responsiveness are essential,” said Sasko Cuklev, Head of On-Road Solutions at V.A.S. “This collaboration shows how autonomous transport can help reduce transit times, improve service, and meet the demands of time-sensitive, high-value freight.” As freight demand continues to increase across the United States, the transportation industry faces growing challenges related to a shortage of qualified drivers and delivery capacity constraints. Autonomous transport technologies are emerging as a strategic solution to help organizations strengthen logistics operations while supporting safer and more sustainable freight movement. “Autonomous transportation has the potential to significantly reshape the future of logistics,” said Tim Riek, Chief Strategy Officer (CSO) at AVI-SPL. “This collaboration allows AVI-SPL to explore innovative technologies that can help improve operational resilience, support long-term scalability, and strengthen the overall customer experience.” The collaboration marks an important step in demonstrating how autonomous trucking can be applied in real-world logistics operations where speed, consistency, and reliability are critical. As demand for freight capacity continues to grow, autonomous transport has the potential to strengthen supply chains through greater uptime, improved asset utilization, and enhanced cargo security. LINK to high resolution image For further information, please

GEOINT for the <b>Autonomous</b> Battlefield

In his 1966 book Men, Machines, and Modern Times, Etling E. Morison offered what would become a classic study of how people and organizations learn, or fail to learn, to live with innovation. One of my favorite vignettes is his account of an early World War II artilleryman acting as a “horse holder,” standing as if to calm the team of horses during firing, even though the gun was now pulled by a truck. The absurdity of that remnant of battlefields past comes to mind as leaders envisage how geospatial intelligence is produced—and leveraged—in the age of autonomy. Over the past forty-five years, I have closely followed how innovations in geospatial intelligence, or GEOINT, and its predecessor fields have served the warfighter. The field has changed over the years to follow technology trends and warfighter needs, but the current pace of change is faster, broader, and more consequential. To keep pace, a new evolution—what I call autonomous GEOINT—must emerge as the next, necessary step to continue supporting warfighting on the rapidly emerging autonomous battlefield. Building upon the definition of GEOINT in 10 US Code § 467(5), today GEOINT provides warfighters with the locations of US forces, coalition partners, adversaries, and noncombatants. It helps predict movement by accounting for natural and human-made obstacles. The advantage GEOINT affords battlefield leaders goes beyond describing what, where, and when; it also helps to address how and why. My experience with the transition from the Defense Mapping Agency to the National Geospatial-Intelligence Agency and the Army’s shift from topographic engineering to geospatial engineering suggests that technology is often not the hardest problem. While both of these transitions were compelled by significant technological and warfighting changes, the harder problem was how people accepted the changes, adapted to new organizations, and created doctrine to make new capabilities

How PepsiCo is Expanding <b>Autonomous</b> Freight Deployment

How PepsiCo is Expanding Autonomous Freight Deployment PepsiCo has expanded its use of autonomous vehicles through a multi-year partnership with technology company Gatik. The agreement represents the largest autonomous freight deployment to date. The collaboration aims to strengthen PepsiCo's supply chain operations by improving delivery consistency and adding capacity across high-volume networks. The deployment could show how autonomous technology integrates into complex distribution systems. Autonomous delivery operations "Serving our vast network of customers requires a supply chain that is safe, reliable and built for the future," says Jim Farrell, Senior Vice President of Supply Chain at PepsiCo. "Gatik is already operating inside our networks and brings the autonomous freight technology, commercial experience and scale we need to strengthen service, add capacity and move products more consistently for our customers." PepsiCo uses Gatik's autonomous vehicles for time-sensitive daily transportation requirements. The vehicles handle deliveries across surface roads and freeways. The system manages logistics for hundreds of locations without manual intervention. PepsiCo can adjust route plans by adding or removing stops to align with demand fluctuations at its various centres. According to the partnership, Gatik currently manages PepsiCo's logistics across Texas, Arkansas and Arizona. The company has achieved a 98% on-time delivery rate in these regions. Scaling commercial autonomous trucking Gautam Narang, CEO and Co-Founder of Gatik, adds: "Autonomous trucking has reached commercial scale when it operates inside one of the most demanding supply chains on the planet. "That is what Gatik is doing with PepsiCo. Our autonomous trucks are already moving products every day across Texas, Arizona and Arkansas, and this partnership is proof that Gatik is becoming central to how the world's largest companies move goods." The partnership between PepsiCo and Gatik began in 2022. That year marked PepsiCo's first deployment of a Gatik autonomous vehicle. PepsiCo has implemented additional

Inside <b>Trucks</b> VC's Bets on the Future of <b>Autonomous</b> Logistics | citybiz

The artificial intelligence investment market is expanding beyond productivity software and digital assistants, with venture capital firms backing autonomous logistics technologies to address real-world labor and supply chain challenges. This market trend is notably prominent in San Francisco, with firms such as Trucks Venture Capital focusing on startups shaping the future of transportation, logistics, and mobility infrastructure. Faced with persistent driver shortages, an aging trucking workforce, and growing freight demand, investors like Trucks VC believe that autonomous trucking and AI-powered logistics platforms could become a core part of the ecosystem for maintaining the flow of goods through the global economy. Founded in 2015 by Reilly Brennan, Jeffrey Schox, and Kathryn Schox, Trucks VC’s investment strategy is centered on creating a mobility ecosystem that is safer, cleaner, and more accessible. “Since our launch roughly a decade ago, our investment thesis has been simple: we fund the entrepreneurs building the future of transportation. The $5T transportation industry is incredibly multi-disciplinary, and we continue to be amazed at the big ideas that shape the future of this industry,” the firm wrote in a blog post. One of Trucks VC’s notable investments is Mountain View, Calif.-based Gatik, an autonomous trucking company that reflects the firm’s belief that practical, commercially viable autonomy will soon emerge as a structured logistics solution that will overtake long-haul trucking or consumer robotaxi networks. The firm identified Gatik’s focus on middle-mile freight routes that offer repetitive trips between distribution centers, warehouses, and retail locations as a more structured path to commercialization. The firm participated in Gatik’s early financing rounds and later increased its position through its dedicated Trucks Growth Fund, which gained commercial traction. Gatik has secured over $600 million in contracted revenue and has deployed fully driverless, observer-free medium-duty trucks on public roads. Last week, Gatik announced a multi-year-partnership

<b>Self-driving</b> firm Momenta moves closer to Hong Kong IPO with regulatory go-ahead

- China's securities regulator approved Momenta's plan to issue overseas shares and list on the Hong Kong Stock Exchange. - The Suzhou-based self-driving company could raise at least $1 billion. Chinese self-driving technology firm Momenta has won filing approval from the Chinese mainland's securities regulator, clearing a key hurdle for its initial public offering (IPO) in Hong Kong. The China Securities Regulatory Commission (CSRC) said in a filing notice on Thursday that it had received the overseas issuance and listing filing materials submitted by Momenta Global Limited through its domestic operating entity. Momenta plans to issue no more than 43,754,060 overseas-listed common shares and list them on the Hong Kong Stock Exchange. The filing notice carries a publication date of June 18, 2026 and is dated June 10. The CSRC stressed that the notice only confirms the filing information for the company's overseas issuance and listing, and does not represent a substantive judgment on the investment value of the company's securities. Momenta must complete the listing within 12 months from the date the notice was issued, or update its filing materials if it intends to proceed thereafter. The development brings Momenta a step closer to a debut in the Asian financial hub. The company had earlier been reported to have confidentially filed for a Hong Kong IPO. Bloomberg reported in March, citing people familiar with the matter, that Momenta could seek to raise at least $1 billion and had begun meeting investors to gauge initial interest. The company was working with China International Capital Corp (CICC) and Deutsche Bank on the listing at the time, according to the report. The Hong Kong listing marks Momenta's abandonment of its earlier plan to list in New York. Amid rising US-China tensions, its US IPO application, confidentially filed last year, has lapsed. Momenta

Kratos completes cross-country <b>autonomous</b> platooning deployment

Kratos completes cross-country autonomous platooning deployment Kratos Defense & Security Solutions announced the successful completion of a cross-country autonomous tractor-trailer platooning deployment. The deployment was conducted in collaboration with Champion Tire & Wheel, a logistics provider supporting NASCAR operations. The shipment of race equipment for the NASCAR Anduril 250 originated in Charlotte, N.C., and ended at Naval Base Coronado in San Diego. The deployment followed one last year for the Brickyard 400 at Indianapolis Motor Speedway. Kratos’ autonomous truck platooning system pairs a human-driven lead tractor-trailer with an autonomous follower tractor-trailer supervised by an onboard safety rider. The system synchronizes steering, braking, and speed control. A layered autonomy approach that combines GPS, onboard sensors, and advanced vehicle controls enables operation across various road and environmental conditions. “Last year proved the concept. This year demonstrated scalable execution,” said Maynard Factor, vice president of business development at Kratos. “Our autonomous follower tractor-trailer successfully completed a cross-country logistics haul, demonstrating how platooning technology can safely improve efficiency, expand freight capacity, and help address ongoing driver shortages.” Kratos’ technologies support multiple Navy programs. The company said these deployments demonstrate the maturity of autonomous freight movement capabilities that could be used in both commercial transportation and defense logistics applications. Kratos has also worked with Ohio and Indiana on a platooning pilot program along the key Interstate 70 freight corridor. Have your say This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

New Scientist recommends an excellent look at the future of work

We Are Not Machines Sarah O’Connor, Allen Lane (UK); Godine (US, out 11 August) If you are a fan of translated films, you may have noticed the subtitles on streaming platforms have changed in recent years. They aren’t wrong exactly, but they can come across as a bit, well, flat. “You get the meaning, but the language? It’s not as rich,” Petr Čermoch, a translator in the Czech Republic, tells Sarah O’Connor in We Are Not Machines, which explores how artificial intelligence is changing the way we work. That lack of richness is usually because the streaming platform has used AI to translate a script, then had a professional translator like Čermoch finesse it. Agencies expect translators to do this work more rapidly and have slashed their pay rates accordingly. But this new type of job is both harder and less rewarding. The translator has to look at the original source and the machine text simultaneously, meaning more effort, not less. At the same time, the joy of the work has gone. “It’s just a tedious job – boring and bland and lifeless,” says Čermoch. Yet, as O’Connor shows in her excellent and wide-ranging book, this is the sort of future we are increasingly being told to accept. AI replacing human translators is not a new premise, but O’Connor – who is a reporter at the Financial Times and has a weekly column on work – argues that the rather lifeless translation we are getting as a result is an example of how humans are adjusting themselves to fit into an AI-led world, rather than the other way around. Her central premise isn’t that AI is coming for all of our jobs, which is a well-trodden debate, but that we are already contorting ourselves to fit AI into our lives.

<b>Autonomous</b> Supply Chains

Autonomous supply chains are moving self-driving freight from pilot projects into core logistics operations. PepsiCo’s expanded partnership with Gatik demonstrates how autonomous trucks can be integrated into high-frequency regional delivery routes, enabling products to move more consistently across distribution networks. The technology combines autonomous driving systems with dynamic route management, allowing deliveries to adapt to changing operational demands while maintaining strong on-time performance. For companies, this development signals a shift toward logistics networks that are more flexible, scalable, and resilient. Autonomous freight can help address driver shortages, reduce transportation bottlenecks, and improve delivery reliability without requiring significant changes to existing infrastructure. The model is particularly valuable for consumer goods companies that depend on predictable, high-volume product movement. As autonomous transportation becomes commercially viable, businesses across retail, manufacturing, and distribution sectors may increasingly view self-driving freight as a strategic tool for strengthening supply chain performance and supporting long-term growth. Autonomous Supply Chains PepsiCo and Gatik Scale Self-Driving Freight Across Regional Networks Trend Themes - Autonomous Freight Scaling — Self-driving trucks entering routine regional routes create new potential for logistics networks that reduce bottlenecks, improve delivery consistency, and expand without major infrastructure changes. - Dynamic Route Optimization — Real-time routing systems paired with autonomous vehicles open opportunities for supply chains that adjust freight movement around demand shifts, congestion, and operational disruptions. - Driverless Middle-mile Logistics — High-frequency middle-mile delivery lanes offer a commercially practical setting for automation, especially where predictable routes and recurring freight volumes support reliable performance. Industry Implications - Consumer Packaged Goods — Brands with high-volume replenishment needs can benefit from autonomous regional freight models that strengthen product availability and reduce exposure to driver shortages. - Retail Distribution — Large distribution networks are positioned to use self-driving delivery routes as a way to improve store replenishment reliability and support more

From test grounds to worksites, China scales up real-world deployment of intelligent heavy ...

XI'AN, June 17 (Xinhua) -- Climbing into the cab of a new-energy intelligent heavy-duty truck and pressing the start button, one is greeted not by the familiar roar of a diesel engine, but by a calm voice prompt. The nearly four-meter-tall vehicle, weighing tens of tonnes, comes to life as the steering wheel smoothly turns itself. At a testing base in Xi'an, capital of northwest China's Shaanxi Province, the giant rolled quietly out of its parking space, effortlessly spotting obstacles and navigating around them with impressive precision. As it approached a curve, it automatically adjusted its trajectory. A screen displayed real-time data such as lane markings, surrounding vehicles and potential hazards. The truck is one of a fleet of intelligent heavy-duty trucks already in commercial operation by Shaanxi Automobile Holding Group Co., Ltd (SAHG), a Fortune China 500 company specializing in heavy-duty trucks and one of the country's first enterprises to secure a permit for testing intelligent truck driving. In recent years, the commercialization of China's intelligent-driving vehicles has frequently captured public attention. Beyond the spotlight, intelligent heavy-duty trucks are also making their way into frontline economic sectors, including mines, ports, factories and construction sites, with their applications continuing to expand. According to a GlobalData report, the number of autonomous haul trucks in operation worldwide has risen from 2,080 in July 2024 to 3,832 in July 2025. China ranked first worldwide with 2,108 vehicles. Intelligent trucks are mainly deployed commercially in two scenarios: long-haul highway logistics, where drivers are assisted by intelligent driving systems, and closed environments such as ports, mines and logistics parks, where vehicles operate autonomously, said Bao Weidong, deputy director of SAHG's automotive engineering research institute. China is the perfect proving ground for intelligent heavy-duty trucks, paving the way for their swift rollout and technological advancement. As

Kratos Defense (KTOS) Stock Jumps 3% After <b>Autonomous Truck</b> Crosses the Country

Kratos Defense & Security Solutions (KTOS) stock climbed 2.6% on Wednesday after the company announced it had completed a cross-country autonomous tractor-trailer platooning deployment. Kratos Defense & Security Solutions, Inc., KTOS The operation moved race equipment from Charlotte, North Carolina to Naval Base Coronado in California, supporting the NASCAR Anduril 250 event. Logistics provider Champion Tire & Wheel partnered with Kratos on the run. The stock was up around 2.95% at the time of writing, continuing its upward move through the session. This deployment builds on a similar operation Kratos ran in 2025, when it supported the Brickyard 400 at Indianapolis Motor Speedway. The latest mission extended that concept into a full multi-state, long-haul logistics operation. Kratos’ platooning system works by pairing a human-driven lead truck with an autonomous follower vehicle. An onboard safety rider supervises the follower, while the two trucks sync their steering, braking, and speed automatically. The technology draws on GPS, onboard sensors, and vehicle control systems to handle different road and weather conditions. The key sell here is that one driver can effectively manage two trucks — a direct answer to the ongoing shortage of commercial drivers. Maynard Factor, VP of Business Development at Kratos, said: “Last year proved the concept. This year demonstrated scalable execution.” It’s a practical use case that sits a bit outside the typical defense contractor narrative — but Kratos has been leaning into autonomous systems across multiple domains. The company operates primarily in the Aerospace & Defense sector and has a market cap of around $10.56 billion. Its revenue is driven largely by the Kratos Government Solutions segment. The stock is not cheap by any measure. KTOS currently trades at a P/E ratio of 331.41x, a level that reflects high growth expectations but leaves little room for disappointment. GuruFocus assigns KTOS

Platooning <b>autonomous trucks</b> haul 'critical race equipment' for NASCAR on 2,500 mile trek

A defense technology and logistics company achieved a “cross-country unmanned truck platooning deployment” in support of an upcoming NASCAR racing event. Kratos Defense & Security Solutions, Inc. announced the successful deployment of a truck platoon transporting “critical race equipment” on a cross-country trek. On June 13, two Kratos trucks in autonomous platooning mode departed on a trip from Charlotte, North Carolina, to Naval Base Coronado in Southern California in support of the NASCAR Anduril 250 race, traveling more than 2,500 miles. Kratos partnered with motorsports logistics provider Champion Tire & Wheel for the deployment. The Kratos autonomous truck platooning system involves a human-driven semi truck acting as the “leader” truck for an autonomous “follower” truck with a safety operator inside of the cab. Kratos says that the truck platooning system increases freight capacity and operational capacity, maximizing the efficiency of each truck driver. “Using synchronized steering, braking, and speed control, the follower vehicle traveled as part of a multi-state freight deployment while maintaining safety and operational oversight. A layered autonomy approach combining GPS, onboard sensors, and advanced vehicle controls enabled operation across dynamic roadway and environmental conditions,” Kratos said. “Last year proved the concept. This year demonstrated scalable execution,” said Maynard Factor, Vice President of Business Development at Kratos. “Our autonomous follower tractor-trailer successfully completed a cross-country logistics haul, demonstrating how platooning technology can safely improve efficiency, expand freight capacity, and help address ongoing driver shortages.”

Einride becomes publicly traded company | Trucking Dive

Dive Brief: - Einride began trading on the Nasdaq stock market June 10, becoming a publicly traded company. Investors previously voted overwhelmingly in favor of the transaction, according to a securities filing. - A deal with special purpose acquisition company Legato Merger Corp. III initially valued the company at $1.8 billion, which later fell to $1.35 billion. Legato shareholders approved the companies’ business combination during a special meeting held June 4, according to a press release. - “This milestone reflects years of work from our team, customers, partners, and supporters who share our vision for transforming freight through digital, electric, and autonomous technology,” Einride said in a LinkedIn post on the stock market debut. Dive Insight: The transaction was pitched as an opportunity to create a leading public autonomous and electric freight technology platform, combining Einride's software, electric vehicle and autonomous driving capabilities with operations across seven countries, according to a November press release. “With a portfolio of 30 global customers, comprehensive operational data integrations, and a pipeline exceeding $800 million in opportunities through its Joint Business Plans, Einride enters the public markets with a proven, scalable platform targeting a $4.6 trillion total addressable market,” the company said in a June 10 news release. The transaction has also brought a change in listing venue. While Legato Merger Corp. III trades on the New York Stock Exchange — which has strict listing requirements — the combined company listed on the Nasdaq under the ticker ENRD. The move could broaden Einride’s access to technology-focused investors while offering a more cost-effective listing structure. Operationally, Einride has continued to expand its commercial footprint. The company added five customers since announcing the deal in November. It also reported $92 million in expected annual recurring revenue and said it has additional long-term revenue opportunities through joint

Xia Baolong completes two-day inspection visit | 無綫新聞 TVB News

發佈: 2026-06-17 20:45 撰文: 無綫新聞 Xia Baolong, the director of Beijing's Hong Kong and Macao Affairs Office, visits Kwai Chung Container Terminal on the second day of his inspection visit in the city. At around 11 am, Xia Baolong arrived at the first stop of his day two visit -- the Kwai Chung Container Terminal. Accompanied by Chief Executive John Lee, Xia inspected the COSCO-HIT Terminals to understand the development of Hong Kong's shipping industry. A representative of the joint venture says Xia is intrigued by the port industry. They say the terminal has been applying technology to help reduce manpower, including deploying six autonomous trucks to work on the site. The number is expected to be increased to 50. After about an hour, the senior Beijing official left and headed to the Government House to meet with the Chief Executive. The meeting lasted about four hours, and Xia arrived at Shenzhen Bay Control Point at around 5 pm. The Chief Executive offered Xia a present and the two shook hands, marking the end of the two-day visit. Speaking to the media, Lee says Xia provided guidance and valuable opinions for the administration during his inspection, and the director is pleased with the government's multiple policies, including light public housing and a university town within the Northern Metropolis. The CE says Xia described Hong Kong's first Five-Year Plan as "directional," "strategic" and "practical," adding the director would require the government to formulate its Policy Address based on the targets set in the plan. The Beijing official did not stay in Hong Kong after his inspection on Tuesday and returned to Shenzhen. He then arrived in Hong Kong via Huanggang Port this morning. On social media, Security Secretary Chris Tang says Xia examined the new Huanggang Port and listened to representatives

Trunk Tech Re-files for HKEX Listing, Focusing on L4 <b>Autonomous</b> Trucking

From:Internet Info Agency 2026-06-17 09:12:41 Trunk Tech (Beijing) Co., Ltd. submitted an application for a main board listing on the Hong Kong Stock Exchange on June 12, 2024—its second filing attempt. The previous day, its initial listing application automatically lapsed after failing to complete the hearing process within six months. Founded in 2017 by Zhang Tianlei, a graduate of Tsinghua University’s Department of Computer Science and an autonomous driving expert, Trunk Tech focuses on applying Level 4 autonomous driving technology to logistics trucks. Zhang studied under Academician Li Deyi of the Chinese Academy of Engineering. The company has received backing from prominent industrial investors, including Anhui Kexun (affiliated with iFLYTEK), NIO Capital, and Bosch Group. Through multiple rounds of financing, its post-money valuation rose from RMB 150 million in its angel round to RMB 3.86 billion by its Series B5 round. Financial data shows that Trunk Tech’s revenue was RMB 134 million, RMB 254 million, and RMB 345 million in 2023, 2024, and 2025, respectively, representing a compound annual growth rate (CAGR) of 60.3%. During the same period, net losses narrowed from RMB 213 million to RMB 187 million and further to RMB 171 million. However, the company has reported negative operating cash flow for three consecutive years and remains reliant on external funding for daily operations. The company’s revenue primarily comes from two business segments: Trunk Port and Trunk Pilot. In 2025, Trunk Port revenue declined while Trunk Pilot revenue grew significantly. Trunk Tech exhibits high customer concentration, with its revenue heavily influenced by a few large clients and major projects, resulting in seasonality and volatility. Operating in the highly competitive commercial vehicle autonomous driving sector, Trunk Tech faces numerous rivals in both closed and open scenarios. Its future profitability hinges on the growth of its Trunk Pilot and

China Focus: From test grounds to worksites, China scales up real-world deployment of ...

China Focus: From test grounds to worksites, China scales up real-world deployment of intelligent heavy-duty trucks XI'AN, June 17 (Xinhua) -- Climbing into the cab of a new-energy intelligent heavy-duty truck and pressing the start button, one is greeted not by the familiar roar of a diesel engine, but by a calm voice prompt. The nearly four-meter-tall vehicle, weighing tens of tonnes, comes to life as the steering wheel smoothly turns itself. At a testing base in Xi'an, capital of northwest China's Shaanxi Province, the giant rolled quietly out of its parking space, effortlessly spotting obstacles and navigating around them with impressive precision. As it approached a curve, it automatically adjusted its trajectory. A screen displayed real-time data such as lane markings, surrounding vehicles and potential hazards. The truck is one of a fleet of intelligent heavy-duty trucks already in commercial operation by Shaanxi Automobile Holding Group Co., Ltd (SAHG), a Fortune China 500 company specializing in heavy-duty trucks and one of the country's first enterprises to secure a permit for testing intelligent truck driving. In recent years, the commercialization of China's intelligent-driving vehicles has frequently captured public attention. Beyond the spotlight, intelligent heavy-duty trucks are also making their way into frontline economic sectors, including mines, ports, factories and construction sites, with their applications continuing to expand. According to a GlobalData report, the number of autonomous haul trucks in operation worldwide has risen from 2,080 in July 2024 to 3,832 in July 2025. China ranked first worldwide with 2,108 vehicles. Intelligent trucks are mainly deployed commercially in two scenarios: long-haul highway logistics, where drivers are assisted by intelligent driving systems, and closed environments such as ports, mines and logistics parks, where vehicles operate autonomously, said Bao Weidong, deputy director of SAHG's automotive engineering research institute. China is the perfect proving

Sparhawk Trucking seeks buyer, warns of mass layoffs

Sparhawk Trucking employees could face mass layoffs amid bankruptcy proceedings, the company's trustee said in a May 28 notice. The company is seeking a buyer but also continuing operations after filing for Chapter 11 bankruptcy in March. Nevertheless, there’s no guarantee a buyer will be found or that a new owner would keep all of the existing workforce, according to the notice. "No employee should count on the business remaining open or mass layoffs not taking place," Matthew Brash, the company's Chapter 11 trustee and senior managing director at Newpoint Advisors, said in the notice. The notice was required as part of federal and state laws mandating employers alert workers of potential mass layoffs at least 60 days in advance. “It is impossible for us to determine at present which employees may be affected, if any,” the notice said. The bankruptcy is affecting Sparhawk Trucking, along with related entities such as Sparhawk LLC. Owner Mark Sparhawk previously said the company's financial troubles came as a lawsuit, asset mismanagement during his medical leave and equipment failures converged while the trucking was already undergoing a freight recession. Since then, the bank has been selling off non-core assets to pay off creditors. As part of the bankruptcy proceeding, Sparhawk arranged for CB Leasing of Iowa to buy 50 trailers for $950,000 that were not needed for continuing operations, according to a court filing. Sixty percent of the money is slated to pay creditor WoodTrust Bank, the filing said.

Kratos completes cross-country <b>autonomous truck</b> platoon | KTOS Stock News

Kratos Completes Cross-Country Autonomous Tractor-Trailer Deployment Supporting NASCAR Race Logistics Rhea-AI Summary Kratos (Nasdaq: KTOS) completed a cross-country autonomous tractor-trailer platooning deployment, hauling critical NASCAR Anduril 250 race equipment from Charlotte, North Carolina to Naval Base Coronado. The multi-state mission used a human-driven lead truck and an autonomous follower, supervised by a safety rider. The deployment, conducted with Champion Tire & Wheel, builds on Kratos’ 2025 Brickyard 400 pilot and now supports revenue-generating commercial logistics, advancing its dual-use autonomy strategy for both commercial freight and defense logistics. AI-generated analysis. Not financial advice. Positive - Cross-country autonomous truck platooning deployment successfully completed - Expansion from controlled pilots into revenue-generating commercial logistics operations - Demonstrated dual-use autonomy strategy for commercial and defense logistics - Partnership with Champion Tire & Wheel in NASCAR motorsports logistics Negative - None. Key Figures Peers on Argus KTOS was down 1.19% with mixed peer moves: several key aerospace & defense names like DRS, AVAV, ERJ and HII also declined modestly, while TXT was slightly positive, pointing to stock-specific factors rather than a coordinated sector move. Historical Context | Date | Event | Sentiment | Move | Catalyst | |---|---|---|---|---| | Jun 09 | Engine capacity expansion | Positive | -6.5% | Announced major Spartan turbojet production ramp to 3,000 engines next year. | | May 08 | New test facility | Positive | +1.6% | Selected Odon, Indiana for new hypersonic test facility under Project Helios. | | May 06 | Q1 earnings, guidance | Positive | -7.3% | Reported strong Q1 growth, raised FY26 revenue and EBITDA guidance and detailed capex. | | Apr 27 | Earnings call notice | Neutral | +3.1% | Scheduled Q1 2026 earnings release and conference call with webcast details. | | Apr 21 | Drone engine upgrade | Positive |