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New Investments in Trucking Logistics

A trucking logistics company, called Convoy, recently raised a new round of funding, and its investors include Bill Gates and Jeff Bezos. Convoy’s software links up truckers with nearby shipping jobs, in what has been billed as “Uber for trucking.” (Uber itself now has a similar service, called Uber Freight.) The company bills itself as helping the trucking market cut costs and...

After Crash, Uber Suspends Autonomous Vehicle Pilot Program

Uber has suspended its pilot program for autonomous vehicles after a crash in Tempe, Arizona. At the time of the crash, the car was in self-driving mode, though there was a human driver behind the wheel. The SUV was hit when another vehicle failed to yield, leaving the SUV on its side. Pending an investigation into the crash, Uber’s self-driving program has been suspended in...

Pittsburgh To Be Testing Ground for Uber’s Driverless Cars

As part of what has been called “green light governing,” a hands-off approach to regulating businesses that gives companies plenty of free rein to experiment, Pittsburgh has become a key testing ground for driverless cars. Uber is a key example: Uber is anticipated to roll out a fleet of driverless cars in Pittsburgh any day now. Any Uber customer in Pittsburgh will be able...

Driverless Taxis Coming to Singapore?

NuTonomy, a company in Singapore, began testing a taxi-hailing service using self-driving vehicles this week.  Certain members of the public can use a smartphone app to hail an autonomous vehicle (with a computer engineer and a backup human driver) within a small business district in Singapore.  These are the first public road tests of autonomous vehicles, although other companies such...

Major Companies Invest In Ride-Hailing Companies

Two major car manufacturers have recently invested in ride-hailing companies, signaling their interest in and commitment to the mobility services market. Volkswagen AG is investing $300 million into Gett Inc., and Toyota Motor Corp. is investing in Uber Technologies Inc. Toyota’s partnership with Uber contemplates a new leasing model (allowing customers to cover lease payments for...