STOCK TITAN

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

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

J.B. Hunt Transport Services and Waymo have announced a new pilot project to advance autonomous trucking technology, delivering goods for Wayfair. This six-week initiative will operate along the I-45 corridor between Houston and Dallas and marks the first significant transportation of retail freight using Waymo's Driver technology. Following a successful previous pilot, this collaboration aims to enhance logistics and improve efficiency in freight transport, with both companies monitoring various performance metrics throughout the trial.

Positive
  • Pilot project aims to enhance logistics for J.B. Hunt and Wayfair.
  • Demonstrated successful collaboration with Waymo, moving over 862,000 pounds of freight in the past pilot with no accidents.
  • Opportunity to integrate autonomous technology to create efficient transportation networks.
Negative
  • None.

Long-term collaboration with J.B. Hunt, Waymo continues journey towards first fully autonomous commercial transport

LOWELL, Ark.--(BUSINESS WIRE)-- 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 today 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.

(Graphic: Business Wire)

(Graphic: Business Wire)

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,” said Craig Harper, chief sustainability officer and executive vice president at J.B. Hunt. “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.”

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,” said Sean Halligan, Wayfair’s chief global supply chain officer. “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.”

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.

Brittnee Davie

Vice President – Marketing

479.419.3178

press@jbhunt.com

Waymo Press Team

press@waymo.com

Source: J.B. Hunt Transport Services Inc. and Waymo

FAQ

What is the purpose of the new pilot project between J.B. Hunt and Waymo?

The pilot project aims to enhance autonomous trucking technology by delivering goods for Wayfair, focusing on logistics efficiency.

Where is the J.B. Hunt and Waymo pilot project taking place?

The pilot will operate along the I-45 corridor between Houston and Dallas.

What technology will be tested during the J.B. Hunt and Waymo collaboration?

The collaboration will test Waymo's autonomous driving technology, specifically its Waymo Driver.

How long will the J.B. Hunt and Waymo pilot last?

The pilot will last for over six weeks during July and August.

What are the key goals of the J.B. Hunt and Waymo pilot project?

Key goals include evaluating delivery logistics, autonomous performance, and improving overall transportation efficiency.

JB Hunt Transport Services Inc

NASDAQ:JBHT

JBHT Rankings

JBHT Latest News

JBHT Stock Data

16.72B
80.20M
20.06%
74.06%
1.94%
Integrated Freight & Logistics
Trucking (no Local)
Link
United States of America
LOWELL