United Parcel Service (UPS) is jumping into the self-driving vehicle world by investing in self-driving truck startup TuSimple. The Atlanta-based shipping giant sees it as an opportunity to boost on-road safety and efficiency.
On May 21, the United States Postal Service (USPS) announced that it is from now on going to ship mail and parcels on self-driving trucks, partnering with self-driving vehicle startup TuSimple.
The U.S. e-commerce giant Amazon is negotiating with TuSimple, a Chinese self-driving truck company, about acquisition details, people familiar with the matter told Tmtpost.
TuSimple, a self-driving truck startup running daily routes for customers in Arizona, has raised $95 million in a Series D funding round led by Sina Corp. The company achieved unicorn status with a valuation now reaching $1 billion.