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CNBC: Amazon Hauling Cargo in Self-Driving Trucks

CNBC: Amazon Hauling Cargo in Self-Driving Trucks

By    |   Wednesday, 30 January 2019 05:03 PM

CNBC has learned that Amazon.com Inc. is hauling some cargo in self-driving trucks from Embark on the I-10 interstate highway.

Photographs of trucks with both companies’ logos were previously posted on Reddit.

Embark and other firms working on autonomous systems aim to alleviate industry pains by making existing truck drivers safer and more efficient, CNBC reported.

A driver shortage currently plagues the trucking industry, owing in part to the low pay and difficult schedules and conditions of the job, CNBC explained. A lack of available drivers and trucks poses a challenge to e-commerce companies, obviously including Amazon, whose customers expect deliveries in a relatively short time.

CNBC asked both companies for further details about how they work together, but both declined to comment specifically on the deal.

To be sure, last year the web retailer offered to help anyone who wants to start their own delivery businesses.

The e-commerce giant is seeking to assist hundreds of new small businesses to employ tens of thousands of delivery drivers across the U.S. by providing discounted vehicles, fuel, insurance, uniforms and access to “sophisticated delivery technology,” the Seattle-based company said in a June statement.

Startup costs can be as low as $10,000, Amazon said, with an entrepreneur running 40 trucks making $300,000 a year, Blomberg reported at the time.

Amazon (AMZN) is exploring ways to expand its delivery capacity, from leasing its own cargo planes to experimenting with drones. It’s also trying to figure out how to move merchandise directly from merchants to consumers to avoid overwhelming its own warehouses with inventory, according to documents reviewed by Bloomberg.

While Amazon has long relied on the U.S. Postal Service, United Parcel Service Inc. and FedEx Corp., it has also sought more control over the logistics of package delivery, using its own technology and data-crunching abilities, as well as facilities and transport, to move packages more efficiently.

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CNBC has learned that Amazon.com is hauling some cargo in self-driving trucks from Embark on the I-10 interstate highway.
amazon, hauling, cargo, self-driving, trucks, embark
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2019-03-30
Wednesday, 30 January 2019 05:03 PM
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