TRANSPORTATION

J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Pilot in Texas

J.B. Hunt Transport Services Inc | June 29, 2022

J.B. Hunt, Waymo Add Wayfair
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Waymo, the leading autonomous driving technology developer, announced the latest development in their collaboration on autonomous trucking technology will include a pilot delivering goods for J.B. Hunt customer Wayfair, one of the world’s largest destinations for the home.

The latest pilot will span six-plus weeks during July and August and take place along the I-45 corridor between Houston and Dallas, the location of J.B. Hunt and Waymo’s original pilot nearly one year ago. It will be the first in-depth transportation of home furnishings retail freight between J.B. Hunt and Waymo Via (the company’s autonomous Class 8 trucking unit powered by the Waymo Driver™ technology).

“Real-time testing with customers like Wayfair is critical to making autonomous freight movement a viable solution in the future, Every supply chain is unique, so it’s important that customers can work alongside J.B. Hunt and Waymo to ensure that advanced autonomous technology will create capacity that meets their needs. Through shared experiences, technology integration and innovative thinking, autonomous technology can help us advance J.B. Hunt’s mission to create the most efficient transportation network in North America.”

-Craig Harper, chief sustainability officer and executive vice president at J.B. Hunt

Throughout the multi-week pilot, J.B. Hunt, Waymo and Wayfair will monitor and evaluate data relating to delivery logistics, loading and unloading freight, autonomous performance, and factors influencing the overall driving and non-driving experience. The pilot will use J.B. Hunt 360°® technology to automate several processes such as check calls and transactions to improve driving efficiency. Autonomous specialists - a commercially licensed driver and a software technician – will be in the cab for the duration of each trip to monitor the Waymo Driver’s operations.

Expanding our alliance with J.B. Hunt and beginning to move freight together for Wayfair is an exciting next step toward applying the Waymo Driver technology to commercial goods delivery,” said John Verdon, trucking lead, business development and partnerships at Waymo. “We couldn’t be more delighted to work alongside companies who share our innovative spirit and excitement for what autonomous driving technology can mean for the trucking industry.

Following a successful pilot in 2021, J.B. Hunt and Waymo extended their collaboration earlier this year with a long-term vision to complete the first fully autonomous commercial freight transport. During the pilot, more than 862,000 pounds of freight were moved, with no accidents and 100% on-time pick-up and delivery. This will be Wayfair’s first large-scale, hands-on experience using Level 4 autonomous vehicle technology to transport freight. Wayfair is the destination for all things home: helping everyone, anywhere create their feeling of home. Offering a wide selection of over 33 million products from more than 23,000 suppliers, expert customer service and a seamless, omnichannel shopping experience, Wayfair makes it quick and easy for customers to shop for their homes.

“At Wayfair, innovation is at the core of everything we do, and this pilot with J.B. Hunt and Waymo is a great example of this, We’re excited to continue our work with J.B. Hunt and their willingness to collaborate with us on this autonomous commercial vehicle test as a part of our overall strategy to evolve our logistics strategies and end-to-end supply chain solutions.”

-Sean Halligan, Wayfair’s chief global supply chain officer.

As part of their long-term collaboration, J.B. Hunt and Waymo are exploring technology integration opportunities with J.B. Hunt 360. For example, the J.B. Hunt 360box® drop-and-hook freight program that includes more than 12,000 available trailers has the potential to provide a near-term, efficient solution for shippers that would make autonomous driving technology available in the digital freight marketplace for the first time.

Waymo’s impressive experience building autonomous driving technology spans more than a decade, having driven over 20 million miles on public roads and 20 billion miles in simulation. J.B. Hunt operates one of the largest company-owned fleets in the U.S. complemented by an industry-leading multimodal freight marketplace in J.B. Hunt 360. Driven by its talented workforce, industry-leading technology and capacity-driven solutions, J.B. Hunt continues to advance its mission to create the most efficient transportation network in North America.

About J.B. Hunt
J.B. Hunt Transport Services Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

About Waymo
Waymo is an autonomous driving technology company with a mission to make it safe and easy for people and things to get where they’re going. Since our start as the Google Self-Driving Car Project in 2009, Waymo has been focused on building, deploying, and commercializing The World’s Most Experienced Driver™ technology to improve the world's access to mobility while saving thousands of lives now lost to traffic crashes. The Waymo Driver powers Waymo One™, the world's first fully autonomous ride-hailing service, as well as Waymo Via™, our trucking and local delivery service. To date, Waymo has autonomously driven tens of millions of miles on public roads and tens of billions of miles in simulation, across 13+ U.S. states. For more: www.waymo.com.

Spotlight

Even in this digitally connected age, logistics still relies on a physical network to get transports from A to B. That network forms the backbone of global trade that drives prosperity around the world. As the leading company in our industry, we at Deutsche Post DHL Group are proud of the work we do to connect people in every part of the world and enable progress around the globe. Our industry must also assume a special responsibility for the future, not least because of the vital role that logistics plays in value creation and growth.


Other News
SOFTWARE AND TECHNOLOGY

Innoviz and HiRain Technologies Deploy InnovizOne Across Shipping Ports in China

Innoviz | September 06, 2022

Innoviz Technologies (NASDAQ: INVZ), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and its strategic partner HiRain Technologies, a leading Tier 1 solutions provider for the Chinese automotive market, today announced the deployment of InnovizOne LiDAR sensors at ports across China, including on HiRain's autonomous trucks and AGVs. The first deployment started in RiZhao port, with both parties planning to expand the project to additional ports.Using InnovizOne LiDAR and HiRain's Convolutional Neural Network (CNN), the combined solution is now being used at ports across China, including on autonomous trucks and AGVs, and for Vehicle to Anything (V2X) applications, to improve operational efficiency, mitigate risks and enhance worker safety. Innoviz and HiRain's sensing system is highly durable and can detect vehicles and pedestrians, as well as infrastructure typically found at ports with precise location, distance and size. HiRain's fully integrated system also includes LiDAR protection, heat radiation protection, shock absorption, noise reduction, dustproofing and cleaning. HiRain developed its own roadside V2X solution using InnovizOne LiDAR. The five-in-one sensor unit monitors traffic from a bird's eye view, collecting environmental data and sending it in real time to a high-performance computer, which then broadcasts the data to all surrounding trucks in order to avoid collisions. "The global supply chain crisis is being made worse by labor shortages and higher levels of congestion at ports in China and around the world, The deployment of HiRain's autonomous vehicle and V2X systems using InnovizOne LiDAR comes at an especially opportune time, as it will greatly improve efficiencies and enable 24/7 operations." -Omer Keilaf, co-founder and CEO of Innoviz. Innoviz and HiRain began working together in 2018, and HiRain plans to integrate Innoviz's next-generation LiDAR sensor, InnovizTwo, into its platforms, to make port operations even safer and more efficient. "LiDAR is one of the most critical technologies of our time and will play an outsized role in the development of not just autonomous vehicles, but also the infrastructure they require to communicate with one another, We have very much enjoyed working with the Innoviz team to bring these products to market, and look forward to developing additional products using Innoviz's solutions." -Dr. Chengjian Fan, CTO & Deputy GM of Hirain Technologies About Beijing JingWei Hirain Technologies Founded in 2003, HiRain focuses on providing electronic products, R & D services and overall solutions for high-level intelligent driving to customers in the fields of automobile and unmanned transportation. Headquartered in Beijing, HiRain has established modern production plants in Tianjin and Nantong, forming a perfect R & D, production, marketing and service system. Based on the concept of "value innovation and serving customers", the company adheres to the strategies of "professional focus", "technology leadership" and "platform development", and is committed to becoming a world-class comprehensive electronic system technology service provider, a full stack solution supplier for intelligent networked vehicles, and a leader in high-level intelligent driving MaaS solutions. For more information please visit: https://www.hirain.com/ About Innoviz Technologies Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com

Read More

SUPPLY CHAIN

Accenture to Acquire Inspirage, Deepening Next Generation Digital Supply Chain Transformation Capabilities

Accenture | September 07, 2022

Accenture (NYSE: ACN) has agreed to acquire Inspirage, an integrated supply chain specialist firm focused on Oracle technology. The acquisition will further enhance Accenture’s Oracle Cloud capabilities, helping it accelerate innovation for clients through emerging technologies, such as touchless supply chain and digital twins. Terms of the transaction were not disclosed.Founded in 2007, Inspirage is headquartered in Bellevue, WA with offices across North America, Europe and Asia. Once the acquisition is completed, its 710 employees will join the Accenture Oracle Business Group, further bolstering its Oracle supply chain skills and expanding its capabilities to help product-centric clients create interconnected, intelligent and innovative supply chain networks. “In a time of unprecedented disruption and supply constraints, companies need to reimagine, build, and operate supply chain networks that orchestrate change, simplify people’s lives and positively impact business, society and the planet, With the addition of Inspirage and its deep industry and systems experience, Accenture will be even better positioned to help our clients reinvent supply chain and manufacturing through Oracle technologies.” -Renato Scaff, North America lead of Accenture Supply Chain & Operations With a focus on digitally transforming product-based industries utilizing Oracle Cloud technologies, Inspirage helps to break down silos across innovation and product life cycle management, supply chain, logistics, enterprise finance, and analytics to achieve operational excellence. It serves clients in high-growth micro verticals within the high tech, life sciences, manufacturing, consumer goods, retail, and oil and gas industries. Inspirage is a Platinum level member of Oracle Partner Network. Our goal is to drive value for our clients, empowering them to evolve their businesses by embracing the cloud continuum and digital technologies,” said Samia Tarraf, North America Oracle Business Group lead at Accenture. “We look forward to joining forces with Inspirage, a highly valued Oracle partner with top talent and an impressive track record. Together, we will help unleash the power of Oracle Cloud to drive impactful results. "For 15 years, we have been highly focused on customer success and innovating to stay ahead of client and industry challenges. Our people take immense satisfaction in solving the most difficult supply chain problems and making a difference for our clients and Oracle partners. Together with Accenture, we can deliver these highly specialized capabilities at scale globally, while creating new growth opportunities for our people." -Srini Subramanian, CEO and co-founder, Inspirage About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.Completion of the acquisition is subject to customary closing conditions.

Read More

SOFTWARE AND TECHNOLOGY,FREIGHT

Transfix Appoints First-Ever Chief Product Officer Tony Tzeng to Continue Digital Transformation of the Supply Chain

Transfix, Inc | August 12, 2022

Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company's first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers across the Transfix portfolio. Tzeng's expertise is in enterprise AI, and he joins Transfix from UiPath, a leading enterprise automation software vendor, where he served as VP of Product Management for AI products. Prior to that he served as Principal Lead Product Manager at Microsoft. "When your goal is to revolutionize the supply chain, you need big thinkers, innovators and operators who make it a reality for your customers. Tony is one of those executives who has it all, His experience driving product and platform strategies, coupled with his AI and ML expertise, will help to accelerate our vision of delivering an Intelligent Freight Platform that powers modern, reliable, and resilient supply chain performance at scale" -Lily Shen, CEO and President of Transfix. Tzeng brings 20 years of product and strategy development experience. Most recently, at UiPath, he oversaw the full product life cycle from assessing product/market fit to incubation, product vision, roadmap, launch, and acceleration. While leading the product division for AI-driven automations and a Machine Learning operations platform, he launched new products and grew the portfolio to multi-million dollar businesses that are now growth engines and differentiators for UiPath. At Microsoft, he led the product team developing cloud and AI solutions for next-gen virtual customer service, giving AI bots groundbreaking levels of accessibility. He also incubated enterprise AI solutions as part of AI+ Research, leading product teams that contributed useful features to well-known software like Dynamics 365 and Microsoft Office. Tzeng also held senior-level positions at McKinsey & Company and Deloitte Consulting. Transfix has all the pieces for an iconic success story– talented and passionate people, outstanding engineering practices, a data-driven product suite, and a winning corporate culture,said Tzeng.I'm proud to be a part of that story, and I look forward to creating a smarter, more sustainable future for freight. Tzeng earned his Bachelor of Science in Computer Science at Stanford University and his Masters of Business Administration with Honors at The Wharton School of The University of Pennsylvania. As announced on September 21, 2021, Transfix has entered into a definitive business combination agreement, as subsequently amended, with G Squared Ascend I Inc. ("G Squared Ascend I") (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared, that is expected to result in Transfix becoming a publicly listed company. Completion of the business combination is subject to customary closing conditions. About Transfix Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io. About G Squared G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.

Read More

SOFTWARE AND TECHNOLOGY

actyv.ai: Enabling Supply Chain Transformation Through Enterprise SaaS Platform With Embedded B2B BNPL and Insurance

actyv.ai | September 21, 2022

actyv.ai seeks to interlink and impact enterprises, their business partners and financial institutions (FIs); orchestrating the whole business transaction on a single platform. Leveraging its SaaS technology platform, actyv.ai enables easy onboarding of distributors and suppliers onto an enterprise's network. The company’s aim is to provide alternative means of capital to an enterprise’s channel partners, based on their financial and non-financial data. On a macro level, this is the value that actyv.ai brings to the table for all its stakeholders. The enterprise has access to distributor’s digital records at the click of a button, is able to review and onboard credit worthy partners, can commence billing as early as day one, be risk compliant and offboard partners in case of noncompliance. FIs benefit by getting partners who have long standing relationships with enterprises and are credit worthy thus, offering lesser default risk. actyv Score is a dynamic number which depicts current and future potential of business partners and is a key input to the credit scoring and underwriting algorithms of FIs and insurance providers. It is a multi-dimensional score based on financial and nonfinancial data of business partners. actyv Go enables enterprises to discover, select, appoint, renew, empower and offboard distributors on its technology platform in a faster and more transparent way. actyv PayLater is a BNPL approach towards B2B payment enabling flow of information across board. With this, the bank would rely not only on its algorithm but also the consumer’s actyv Score to assess credit worthiness, in addition to tracking and reconciliation. With actyv Insure, an enterprise can enjoy bite sized products which offer protection against business loss. Aligned to Environmental Social Governance (ESG), actyv.ai is reducing paper usage by digitising processes. The company is addressing the challenge of responsible and sustainable credit for SMBs by enabling manageable interest rates for the supply chain. Every document submitted by distributors on the actyv.ai platform is validated at source, aiding fraud prevention. actyv.ai is in the process of transforming global B2B supply chain by making business transactions faster and easier through its AI-based offerings.

Read More

Spotlight

Even in this digitally connected age, logistics still relies on a physical network to get transports from A to B. That network forms the backbone of global trade that drives prosperity around the world. As the leading company in our industry, we at Deutsche Post DHL Group are proud of the work we do to connect people in every part of the world and enable progress around the globe. Our industry must also assume a special responsibility for the future, not least because of the vital role that logistics plays in value creation and growth.

Resources