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Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37% | TechCrunch

Kodiak AI’s stock tumbled 37% in after-hours trading Thursday after the self-driving truck startup disclosed it had raised $100 million by selling shares at a steep discount — a sign that investors were willing to back the company but not at its current market price. The company sold shares at $6.50 each, well below its closing price of $9.10, according to a filing with the Securities and Exchange Commission (SEC). The raise also included warrants — instruments that give investors the right to buy additional shares later at a set price, in this case as low as $6. The financing came from existing backer Ares Management and several unnamed institutional investors. The influx of capital comes as Kodiak pushes forward on the expensive task of scaling its self-driving trucks business, which covers off-road industrial settings and public highways, with the ultimate goal of eventually spending less than it earns. Kodiak reported revenue of $1.8 million in the first quarter, up from the $1.4 million it logged in the same period a year prior. The company’s loss from operations was $37.8 million, twice what it reported in the same period last year. Those numbers help explain why the discount terms rattled investors. The company is burning cash fast, and the raise — while sizable — does little to change that math in the near term. Kodiak has made some recent progress on the business front, including a new commercial contract with Roehl Transport, a pilot program to test Kodiak-equipped autonomous trucks at West Fraser Timber Co.’s log-hauling operations in Alberta, Canada, and a collaboration with the military vehicle maker General Dynamics Land Systems to create autonomous ground vehicles for defense applications. Under the deal with Roehl, which was also announced Thursday, Kodiak-equipped trucks will autonomously haul freight between Dallas and Houston

<b>Autonomous Trucks</b> Could Beat Human-Driven Ones on Costs by 2028

Autonomous semi-trucks could be cheaper to operate than human-driven trucks as soon as 2028, as the technology gets less costly and more widely available. According to data released on April 30 by Goldman Sachs, the upfront cost to equip a truck with autonomous technology in the U.S. currently ranges between $125,000 and $150,000. However, that is expected to fall to $35,000-$40,000 by 2035, as hardware costs become less prohibitive, and production scales up. Overall, the all-in cost per mile for an autonomous vehicle (AV) truck is expected to drop from roughly $8.56 in 2025 to around $2.03 by 2035. Over that same period, the comparable per-mile cost for a human-driven truck is forecast to rise from $2.55 to $2.84 when factoring in expected increases in driver wages. At that rate, the lines will cross over sometime around 2028, with AV trucking becoming commonly cost-competitive compared to human-operated trucks. The moment may already have come, for some routes and scenarios. On April 30, U.S.-based AV trucking company Bot Auto reported that it had successfully delivered the country's first ever fully humanless commercial truckload, after an autonomous semi-truck made the 230-mile journey from Houston to Dallas, Texas, without a safety driver or in-cab observer, and without remote human feedback. Speaking to Fox News, Bot Auto CEO and founder Xiaodi Hou estimated that the all-in cost for the trip came in under $2 per mile, well below the $2.55 per mile cost of a trip for a human-driven truck. Read More: Volvo to Partner with Aurora on New Autonomous Truck Route "The economics are shifting quickly," Goldman Sachs says. AV trucks have several key advantages over human-operated alternatives, given that they are not subject to service restrictions that limit human operators to 11 hours of driving per day in the U.S., along with

Kodiak AI Reports First Quarter 2026 Results; Announces $100 Million PIPE Financing

MOUNTAIN VIEW, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Kodiak AI, Inc. (Nasdaq: KDK), a leading provider of Physical AI-powered autonomous vehicle technology, today announced results for the first quarter of the year, which ended March 31, 2026. Additionally, Kodiak announced a $100 million common stock and warrant private placement (PIPE) financing, with participation from existing investors, including an affiliate of Ares Management, and several new institutional investors. During the quarter, Kodiak delivered strong results across both operating and financial metrics. The Company also achieved significant commercial, technology, and partnership milestones across its long-haul, industrial, and defense verticals. “We delivered significant revenue growth and continued to scale driverless operations in the first quarter, while raising additional capital that will fund our growth,” said Don Burnette, Founder and Chief Executive Officer of Kodiak. “We increased both the scale and productivity of our growing driverless deployment, which now totals 28 fully-driverless trucks in operation. We are executing on our strategy while maturing our Physical AI-powered technology and adopting additional AI tools to further increase the pace of development. We also made significant progress advancing our technology and building out new partnerships that will allow us to efficiently scale across long-haul trucking, industrial trucking, and defense. These include new collaborations across vehicle platforms, industrialized hardware, and AI compute. We remain focused on our long-haul driverless launch targeted for late 2026.” First Quarter Results and Business Highlights: “We delivered a strong first quarter across both operational and financial metrics, delivering 74% revenue growth quarter-over-quarter. This growth was driven by the expansion of our Driver-as-a-Service revenue as we expanded our deployment of customer-owned driverless trucks. Additionally, today we are pleased to announce we are further reinforcing our liquidity position with a $100 million PIPE financing. This financing will provide us with additional flexibility to execute

Kodiak AI and General Dynamics Land Systems Form Strategic Collaboration For ...

The companies are integrating Kodiak’s AI-powered virtual driver into ruggedized platforms to create autonomous military vehicles at scale The companies will pursue U.S. Army vehicle proposals together, extending beyond their first joint project, the Leonidas Autonomous Ground Vehicle MOUNTAIN VIEW, Calif. and STERLING HEIGHTS, Mich., May 07, 2026 (GLOBE NEWSWIRE) -- Kodiak AI, Inc. ("Kodiak”) (Nasdaq: KDK), a leading provider of Physical AI-powered autonomous vehicle technology and General Dynamics Land Systems, part of the Fortune 100 General Dynamics group (NYSE: GD) , today announced a strategic collaboration to create autonomous ground vehicles (AGVs) for defense applications. Through this collaboration, Kodiak will provide the Kodiak Driver, its Physical AI-powered virtual driver that is operating driverlessly today, demonstrating the ability to scale autonomous operations beyond controlled testing. General Dynamics Land Systems will lead vehicle integration, power systems, communications and ruggedized platform development. The companies will pursue upcoming U.S. Army and international opportunities to expand their joint vehicle portfolio. Their collaboration establishes a scalable autonomy capability that can be applied across multiple military vehicle platforms and mission sets. The companies recently unveiled their first vehicle together, the Leonidas AGV, which is equipped with Epirus’ Leonidas high-power microwave platform for mobile counter-drone operations. To build the Leonidas AGV, General Dynamics Land Systems and Kodiak adapted a commercial Ford F-600 truck to showcase operational value to warfighters and support a range of autonomous mission sets, including logistics resupply, intelligence, surveillance and reconnaissance (ISR), and maneuver operations. The companies selected the Ford truck in response to the Pentagon’s “commercial-first” strategy, which prioritizes adapting commercial systems to reduce acquisition costs, utilize established supply chains and accelerate deployment timelines. Adapting a commercial vehicle platform for the military ensures reliability and lower unit costs while reducing technical risk and accelerating time to field. “This collaboration directly meets the U.S.

NYS Thruway Welcome Centers now closed overnight, including restrooms and food service

The New York State (NYS) Thruway Authority has implemented new operating hours for Welcome Centers. Effective May 4, 2026, all three NYS Welcome Centers operated by the Thruway Authority will be closed during the overnight hours, the NYS Thruway Authority announced. New operating hours for the following locations are 6 a.m. to 10 p.m., seven days a week. - Capital Region Welcome Center (I-87 north, between exits 21B and 21A) - New Baltimore Service Area located on the other side of the Thruway and is open 24/7/365 - Mohawk Valley Welcome Center (I-90 west, between exits 28 and 29) - Iroquois Service Area located approximately 22 miles to the west open 24/7/365 - Western NY Welcome Center (off I-190, exit 19) - Pembroke Service Area (37 miles to the east) and Angola Service Area (38 miles to the west) open 24/7/365 Food service and restroom facilities will not be available at these locations overnight, but parking will remain open. All 27 of the NYS Thruway Service Areas will remain open 24 hours a day, seven days a week.

<b>Autonomous</b> Freight Push

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Kodiak Begins Hauling Freight <b>Autonomously</b> With Roehl Transport

Kodiak Begins Hauling Freight Autonomously With Roehl Transport Rhea-AI Summary Kodiak (Nasdaq: KDK) began autonomously hauling freight for Roehl Transport in April 2026, running Kodiak- equipped trucks four roundtrips per week between Dallas and Houston. The Kodiak Driver earned a VERA score of 98/100 in October 2025. Kodiak says it aims to launch driverless operations by end of 2026 and had deployed 20 trucks with a customer in the Permian Basin as of end-2025. Positive - Autonomous service launched: 4 roundtrips/week Dallas–Houston starting April 2026 - VERA safety score 98/100, highest tied score in Nauto evaluation (Oct 2025) - Existing deployed fleet of 20 self-driving trucks in Permian Basin as of end-2025 Negative - Driverless operations target remains a future goal (end of 2026) and is not yet achieved - Current autonomous revenue routes limited to a few corridors (Dallas, Houston, Oklahoma City, Atlanta, El Paso) Key Figures Market Reality Check Peers on Argus No peers from the same sector appeared in the momentum scanner, suggesting the move was stock-specific rather than sector-driven. Historical Context | Date | Event | Sentiment | Move | Catalyst | |---|---|---|---|---| | Apr 30 | Hardware partnership | Positive | +5.3% | Bosch hardware integrated into Kodiak SensorPods and validated for autonomous trucking. | | Apr 23 | Advisory appointments | Positive | -4.5% | Two new Industry Advisory Council members added to guide product and deployment. | | Apr 20 | Earnings date notice | Neutral | -1.1% | Announcement of first quarter 2026 earnings release and conference call schedule. | | Apr 07 | Autonomous demos Midwest | Positive | +1.3% | Autonomous trucking demonstrations in Ohio and Indiana expanding operational design domain. | | Mar 24 | Defense collaboration | Positive | +3.0% | Launch of Leonidas Autonomous Ground Vehicle for

Kodiak Begins Hauling Freight <b>Autonomously</b> With Roehl Transport

MOUNTAIN VIEW, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Kodiak AI, Inc. ("Kodiak”) (Nasdaq: KDK), a leading provider of Physical AI-powered autonomous vehicle technology, today announced it is autonomously hauling freight with Roehl Transport, one of America’s leading truckload carriers. Starting in April 2026, trucks equipped with the Kodiak Driver, Kodiak’s autonomous system, began hauling freight between Dallas and Houston four times roundtrip per week for Roehl Transport. “Working with Roehl Transport reflects a shared commitment to safety in trucking,” said Don Burnette, Founder and CEO of Kodiak. “By combining our AI-powered autonomous capabilities with Roehl’s safety approach, we’re proving how our technology can enhance efficiency while making meaningful progress toward safer roads at scale.” The Kodiak Driver is designed to address major challenges, including the need for greater safety and efficiency across long-haul trucking, industrial trucking and defense. Roehl Transport is one of North America’s safest trucking companies as recognized by the American Trucking Associations (ATA). Roehl Transport is a recent recipient of the ATA’s President’s Award, the trucking industry’s highest safety honor. “Roehl Transport is built on values, and Safety is our cornerstone value,” said Rick Roehl, Chief Executive Officer of Roehl Transport. “The Kodiak Driver was built with this same philosophy. Kodiak’s safety-first approach was a key factor in our decision to partner with Kodiak. Their innovation and strong commitment to safety closely align with our values, and together, we are helping make our roads safer.” More than 85% of truck crashes in the U.S. were caused by human driver error, according to Federal Motor Carrier Safety Administration statistics. The U.S. Department of Transportation estimates that in 2023, 5,472 people died in crashes involving heavy-duty trucks. Kodiak’s autonomous system is designed to drive safely. In October 2025, the Kodiak Driver earned a VERA Visually Enhanced Risk Assessment

Kodiak AI Launches International <b>Autonomous</b> Trucking Operations and Enters Logging Industry

MOUNTAIN VIEW, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Kodiak AI, Inc. (“Kodiak”), a leading provider of Physical AI-powered autonomous vehicle technology, today announced it will conduct pilot operations and explore the deployment of trucks equipped with the Kodiak Driver, Kodiak’s AI-powered autonomous driving system, at West Fraser Timber Co. Ltd.’s (“West Fraser”) log-hauling operations in Alberta, Canada. In the initial phase of work, Kodiak will pilot the use of its self-driving technology to transport timber from forest sites to one of West Fraser’s Alberta processing facilities in Western Canada later this year. Results of the pilot will be used to inform any future long-term deployment of Kodiak Driver-equipped trucks for commercial driverless operations. This work marks a significant milestone for Kodiak, representing the company’s expansion into the timber industry, as well as its first international operations. Headquartered in Vancouver, British Columbia, with operations in Canada, the United States, and Europe, West Fraser is the world’s largest manufacturer of wood building materials. Logging truck routes often involve challenging, remote resource roads with uneven and rough terrain. By leveraging the Kodiak Driver, West Fraser aims to improve the safety of its logging transport operations, address the industry-wide shortage of drivers, and increase the consistency of its raw material supply to mills. “Innovation that improves safety and sustainability has long been central to how West Fraser operates,” said Mark Cookson, Woods Operations Manager, West Fraser. “This pilot gives us the opportunity to test autonomous technology that can help address driver shortages and enhance safety by reducing human exposure to the risks of remote, rough-terrain resource roads.” The Kodiak Driver is designed to handle the complex variables seen in industrial trucking environments. Kodiak deployed its first driverless technology commercially in West Texas’s Permian Basin in December 2024, and scaled its operations to 20

Fleet Advantage TLDI Highlights Rising Costs of Aging Fleet Equipment Amid Higher Diesel Prices

Fleet Advantage released updated findings from its Truck Life Cycle Data Index (TLDI), comparing all-in operating costs of Class 8 trucks across recent model years. The data comes as national diesel prices have surpassed $5.20 per gallon in some markets, highlighting the financial impact of operating older equipment. TLDI Data Highlights Cost Gap Between Older and Newer Trucks The latest TLDI compares 2022 through 2026 model-year trucks with new 2028 equipment using the April 2026 national average diesel price of $5.47 per gallon. According to the data, replacing a 2022 sleeper truck with a 2028 model can reduce first-year operating costs by up to $12,845 per vehicle. For a 100-truck fleet, that equates to potential savings of $1.28 million, excluding tariff adjustments. Fleet Advantage said diesel prices increased roughly 40% in one month, widening the cost gap between older, less fuel-efficient trucks and newer equipment. The company noted that many fleets are also evaluating alternative fuel options as part of their procurement strategies. The TLDI data points to savings in fuel efficiency, maintenance and repair, and total cost of ownership when fleets upgrade equipment. Fuel Efficiency Drives Savings Fuel economy remains one of the largest contributors to cost savings from truck replacement. Fleet Advantage said fleets operating 2022 sleeper trucks can save approximately $10,854 per truck in fuel costs during the first year after replacing them with 2028 models — a 16% reduction in fuel expense along with lower CO2 emissions. “In today’s elevated diesel price environment, even incremental improvements in fuel efficiency can translate into thousands of dollars in annual savings per truck,” said Brian Antonellis, senior vice president of fleet operations for Fleet Advantage. Antonellis said older trucks create a compounding cost burden across fuel, maintenance and total cost of ownership, which becomes more significant as diesel prices

Concerned citizens call Missouri cops about commercial <b>truck's</b> decal

Police in Macon, Missouri, recently responded to callers concerned about the welfare of a man who appeared to be standing on the back of a commercial truck. On May 3, 2026, the Macon, MO Police Department issued a statement on social media about a recent incident involving an image on the rear of a semi trailer. Police said they “received calls to check the wellbeing of a man standing in the back of a semi trailer for a long period of time today.” Macon Police officers responded to the calls and confirmed that “this is not an actual person, but a decal on the rear door of a Kohl’s Wholesale trailer.” “If you see this, please know it has been checked out!” the Macon Police Department said.

Aurora Announces First Quarter 2026 Results

Aurora Announces First Quarter 2026 Results Key Terms driverless trucks technical Driver as a Service (DaaS) financial “We are hitting a new gear - we are on the cusp of launching a new platform and are on track to put hundreds of driverless trucks on the road this year,” said Chris Urmson, co-founder and CEO of Aurora. “We're also seeing incredible customer momentum with early adopters like Hirschbach planning for 500 Aurora Driver-powered trucks. The industry sees the value of the Aurora Driver and what it can do for their businesses." Business Highlights - Next-Gen Hardware at Scale: Aurora remains on track to launch its second-generation hardware kit on the International® LT® Series vehicle, enabling driverless operations without a partner-requested observer in Q2. Aurora’s next-generation hardware is built to last for a million miles while reducing overall cost by more than half. Aurora anticipates deploying more than 200 driverless trucks by the end of the year. - Scaling Driver as a Service: Aurora continues to see significant commercial demand. Notably, Hirschbach has plans to scale their autonomous fleet, with intent to own and operate 500 trucks through Aurora’s Driver as a Service (DaaS) business model. This represents a potential multi-year revenue stream in the hundreds of millions of dollars, with truck delivery slated to begin in 2027. - Blue-Chip Customer Adoption: Aurora recently started driverless hauls for McLane Company, Inc., a Berkshire Hathaway subsidiary. Aurora now has seven customers within its driverless cohort. - Rapid Route Expansion: Aurora validated driverless operations on the bidirectional routes between Dallas andLaredo within just six weeks of initiating supervised autonomous runs. Aurora has also opened a new bi-directional route betweenDallas andOklahoma City , where the Aurora Driver is powering supervised autonomy for a key Volvo Autonomous Solutions customer. The company will host a business

NNE Stock On Track For Its Best Single-Day Gains In Nearly A Year — What’s Behind The Rally?

NANO Nuclear and Super Micro sign an MOU to explore the use of nuclear energy for AI data centers. The move comes amid surging demand for AI compute power, which, in turn, has increased energy demand. NNE Stock: Retail Sentiment On Stocktwits, retail sentiment for NNE remained ‘bullish’ amid ‘high’ message volumes over the last 24 hours. NNE stock is up 15.5% so far this year and has risen 10.8% over the past 12 months. Stock is currently on track for its best one-day percentage gains in nearly a year.

Aurora expands <b>autonomous truck</b> networks with Volvo, McLane

Aurora expands autonomous truck networks with Volvo, McLane Aurora Innovation and Volvo Autonomous Solutions (V.A.S.) announced the expansion of their autonomous freight network with a new 200-mile route between Dallas and Oklahoma City. The Oklahoma City program supports trips five days a week in supervised autonomy with the Volvo VNL Autonomous integrated with the Aurora Driver. By now operating directly to customer facilities, V.A.S. reduces the need for drayage moves and additional handoffs, the companies said in a joint statement. “Expanding our operations into Oklahoma City and adding customer endpoints is an important step for scaling autonomous transport,” said Sasko Cuklev, head of On-Road Solutions at Volvo Autonomous Solutions. “Running end-to-end requires a higher level of operational precision and integration, and it further demonstrates how autonomous trucks can operate reliably in real logistics environments. Together with Aurora we are focused on expanding our network and accelerating the adoption of this new and exciting technology.” “Leveraging our technology to open new routes quickly and efficiently is a core part of our strategy,” said Ossa Fisher, president of Aurora. “Aurora and Volvo are firing on all cylinders and our ability to execute together at scale is clear. As Volvo’s most advanced autonomy partner, we are proud to be the first to deploy the Volvo VNL Autonomous across multiple states.” Aurora said it mapped the Dallas-to-Oklahoma City interstate route and began autonomous hauls in only a matter of weeks. During the recent ACT Expo, Volvo discussed updated plans to further cut emissions and improve efficiency, combining cleaner diesel engines, expanded electric capabilities, and growing autonomous operations. Separately, Aurora and McLane Company, a Berkshire Hathaway subsidiary, announced an agreement to begin driverless hauls in Texas with the Aurora Driver. McLane is one of the largest distributors in America, serving chain restaurants, convenience stores, and

Aeva Delivers Atlas C-Samples to Daimler Truck for <b>Autonomous Truck</b> Production Program

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 6, 2026-- Aeva ® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced it has delivered initial C-sample units of its Aeva Atlas™ 4D LiDAR sensors to Daimler Truck North America and Torc Robotics, marking a major milestone in the companies’ collaboration for the future series production of SAE Level 4 autonomous Class 8 semi-trucks. kAm%9:D AC6DD C6=62D6 762EFC6D >F=E:>65:2] ':6H E96 7F== C6=62D6 96C6i k2 9C67lQ9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ae_d_eb_bb_f^6?^Q C6=lQ?@7@==@HQm9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ae_d_eb_bb_f^6?^k^2mk^Am kAmp6G2 92D 56=:G6C65 :?:E:2= pE=2D {:sp# r\D2>A=6D E@ s2:>=6C %CF4< 7@C :ED 2FE@?@>@FD ECF4< AC@5F4E:@? AC@8C2>] !9@E@ 4C65:Ei %@C4 #@3@E:4Dk^Am kAm%96 r\D2>A=6 56=:G6CJ C6AC6D6?ED 2 4C:E:42= DE6A E@H2C5 E96 56A=@J>6?E @7 2FE@?@>@FD uC6:89E=:?6C r2D425:2 ECF4<D :? }@CE9 p>6C:42[ H96C6 p6G2 :D E96 6I4=FD:G6 =@?8\C2?86 {:sp# DFAA=:6C] pE=2D D6CG6D 2D 2 4C:E:42= A6C46AE:@? D6?D@C :? E96 G69:4=6’D 2FE@?@>@FD 5C:G:?8 DJDE6>[ 6?23=:?8 9:89\AC64:D:@? 56E64E:@? 2?5 EC24<:?8 @7 @3;64ED 2E =@?8 5:DE2?46D C6BF:C65 7@C D276 9:89H2J 2FE@?@>J]k^Am kAm“~FC A2CE?6CD9:A H:E9 p6G2 4@?E:?F6D E@ >2<6 DEC@?8 AC@8C6DD 2D H6 >@G6 E@H2C5 D6C:6D AC@5F4E:@? @7 @FC 2FE@?@>@FD ECF4< AC@8C2>[” D2:5 #2<6D9 p?6;2[ w625 @7 r@CA@C2E6 s6G6=@A>6?E 2E s2:>=6C %CF4< }@CE9 p>6C:42] “%96 56=:G6CJ @7 pE=2D r\D2>A=6D C67=64ED E96 >2EFC:EJ @7 p6G2’D E649?@=@8J 2?5 E96 DEC6?8E9 @7 @FC 4@==23@C2E:@? 2D H6 H@C< E@86E96C E@ 3C:?8 D276[ C6=:23=6 2FE@?@>@FD ECF4<:?8 D@=FE:@?D E@ >2C<6E]”k^Am kAm(:E9 r\D2>A=6 56=:G6CJ F?56CH2J[ p6G2 2?5 s2:>=6C %CF4< H:== 4@?E:?F6 :?E68C2E:@?[ G2=:52E:@?[ 2?5 DJDE6> @AE:>:K2E:@? 2D E96 AC@8C2> 25G2?46D E@H2C5D D6C:6D AC@5F4E:@?]k^Am kAm“s6=:G6C:?8 pE=2D r\D2>A=6 D6?D@CD E@ s2:>=6C %CF4< >2C<D 2 >2;@C DE6A E@H2C5 3C:?8:?8 2FE@?@>@FD ECF4<:?8 E@H2C5D D6C:6D AC@5F4E:@?[” D2:5 $@C@FD9 $2=69:2?[ r@\7@F?56C 2?5 rt~ @7 p6G2] “pE=2D :D AFCA@D6\3F:=E 7@C E96 =@?8\C2?86 A6C46AE:@? C6BF:C65 2E 9:89H2J DA665D[ 2?5 @FC F?:BF6 23:=:EJ E@ >62DFC6 3@E9 5:DE2?46 2?5 :?DE2?E G6=@4:EJ 6?23=6D 2FE@?@>@FD DJDE6>D E@ 56E64E 2?5 C6DA@?5 E@ 92K2C5D 62C=:6C 2?5 H:E9 8C62E6C 4@?7:56?46] (6’C6 AC@F5 E@ 25G2?46 @FC

Aurora and McLane Company Partner to Bring <b>Autonomous Trucks</b> to U.S. Restaurant Supply Chain

After a successful pilot program with one of the largest private fleets in America, Aurora transitions to driverless commercial operations on select routes Aurora Innovation, Inc. (NASDAQ: AUR) and McLane Company, Inc., a Berkshire Hathaway (NYSE: BRK.A) subsidiary, today announced an agreement to begin driverless hauls in Texas with the Aurora Driver an SAE L4 self-driving system that is first being deployed in long-haul trucking. The partnership enables McLane one of the largest distributors in America, serving chain restaurants, convenience stores, and mass merchants to move supplies and perishable food more efficiently for America's most beloved restaurant brands with autonomous trucks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506997128/en/ After a successful pilot program with one of the largest private fleets in America, Aurora transitions to driverless commercial operations on select routes for McLane Company (Credit: Aurora) "The business of moving food is essential to our economy and our way of life. With a 134-year legacy, McLane is deeply woven into the American distribution industry," said Ossa Fisher, president at Aurora. "We're excited to enter the next chapter with McLane and transform the American food supply chain with autonomous trucks. Our collective momentum in logistics is palpable." Proven Safety and Reliability The companies began their supervised autonomy pilot in 2023. Since then, the Aurora Driver logged over 280,000 autonomous miles in Texas and delivered 1,400 loads for McLane, helping it serve restaurant customers across the state. Based on Aurora's record of safely delivering goods for McLane with 100% on-time performance, McLane approved the transition to driverless operations between Dallas and Houston. Aurora plans to expand to new routes between McLane distribution centers across the U.S. Sun Belt by the end of the year, with plans to serve additional McLane business in the future. "We've been thoroughly impressed

Defunct NASCAR team facing lawsuit after collecting $50k for sale of tractor trailers and ...

A former NASCAR team is being sued after a man claims he paid them for tractor trailers and other equipment that they never delivered. The suit was filed in Iredell County, North Carolina Superior Court on Thursday, April 30th by a man who claims to have paid Randy Humphrey Racing $50,000 for tractor trailers and other related equipment in February 2024. The suit states that the man never received the trucks and other equipment he purchased. According to WCNC, the plaintiff is seeking $50,000 from Randy Humphrey Racing, and any other monetary damages deemed appropriate by a judge. No court date had been set, and the racing team has not issued a legal response to the suit. The Randy Humphrey Racing NASCAR team completed eight races in the NASCAR Cup Series in 2014, but is now defunct. Owner Randy Humphrey was previously a co-owner of Phil Parsons Racing and TriStar Motorsports. The team has not competed since 2014, but is still a registered business in North Carolina. It was founded in 1995.

Aurora signs commercial deal with McLane to run <b>driverless trucks</b> between Dallas and Houston

Aurora signs commercial deal with McLane to run driverless trucks between Dallas and Houston A commercial partnership will run Aurora’s autonomous trucks along the Dallas–Houston corridor, removing drivers from cabs while keeping human observers onboard. As stated by Techcrunch Aurora Innovation has signed a commercial agreement with McLane to use autonomous trucks for distribution between Dallas and Houston, becoming one of the new players introducing autonomous technologies after a lengthy pilot period. Under the terms of the contract, trucks equipped with Aurora’s autonomous driving system will transport goods between Dallas and Houston without a driver on board; however there will be a so-called ‘human observer’ who does not operate the vehicle, per the contract with the manufacturer Paccar. Aurora also plans to expand its presence on new routes between McLane’s distribution centers across the Sun Belt in the United States by the end of the year. The pilot program began in 2023 with autonomous trucks involving a safety operator; subsequently the initiative expanded to two trips per day between Dallas and Houston. Timeline and Future Plans McLane has approved the transition to driverless operations, which are now running seven days a week between Dallas and Houston. The new approach envisions that the long autonomous portion of the route ends with handing over to a McLane driver for local deliveries to customers, including to fast-food chains; the handover takes place at the company’s terminals in Dallas and Houston, located directly adjacent to the highway. This deal underscores Aurora’s progression from an autonomous truck developer to an operator commercially running driverless routes. A year ago, the company launched a commercial driverless-truck service in Texas. Since then, Aurora has signed a deal with Detmar Logistics to transport frac sand, and last month Hirschbach Motor Lines agreed to purchase 500 Aurora trucks; the deal

Aurora lands McLane deal to run <b>driverless truck</b> routes in Texas | TechCrunch

Aurora Innovation will start hauling loads in driverless trucks for distribution giant McLane, the latest company to adopt the startup’s autonomous vehicle technology following a multi-year pilot program. Under the commercial agreement announced Wednesday, trucks outfitted with Aurora’s self-driving system will be used to transport goods between Dallas and Houston. These trucks will operate autonomously and will not have a human safety driver on board who can take over. However, Aurora will still have what it describes as a “human observer” sitting in the cab — who does not operate the vehicle — per an agreement it has with truck manufacturer Paccar. Aurora said it plans to expand to new routes between McLane distribution centers across the U.S. Sun Belt by the end of the year. The companies launched a pilot program in 2023 using autonomous trucks with a human safety operator. The pilot eventually expanded to two round-trips daily between Dallas and Houston. McLane recently approved moving to driverless operations, which now run seven days a week between the two Texas cities. The companies are taking a novel approach to this route, using Aurora’s driverless tech for the long-haul portion of the trip before handing it over to a McLane truck driver who makes local deliveries to customers like fast food restaurants. Aurora said this handoff occurs at the company’s Dallas and Houston terminals located right off the freeway. The commercial contract is the latest win for Aurora as it tries to transition from a developer of autonomous trucks to a commercial operator earning money on its driverless routes. And it comes a year after the company launched its commercial self-driving truck service in Texas. Since then, Aurora has landed a commercial agreement to haul frac sand for Detmar Logistics. Last month, Hirschbach Motor Lines agreed to buy 500