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Uber Freight and Waymo Via Partner to Accelerate the Future of Logistics
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Uber Freight has formed a long-term strategic partnership with Waymo to integrate autonomous trucks within its network. This alliance aims for deep product integration, enabling carriers with Waymo Driver-equipped trucks to access Uber Freight’s marketplace. A significant aspect of the deal is the reservation of billions of miles of capacity for Uber Freight, facilitating a hybrid model where human and autonomous trucks work together. With over $17 billion of freight under management, the collaboration seeks to enhance operational efficiency in logistics while addressing driver shortages and rising demands.
Positive
Long-term partnership with Waymo to integrate autonomous trucks.
Reservation of billions of miles of goods-only capacity for Uber Freight network.
Potential to enhance operational efficiency with a hybrid network of human and autonomous trucks.
Utilization of the $17 billion freight under management to maximize deliveries.
Negative
None.
The strategic agreement will enable the companies to pursue a deep product integration and long-term capacity reservation
SAN FRANCISCO--(BUSINESS WIRE)--
Uber Freight and Waymo Via today announced a long-term strategic partnership to connect their technologies and deploy autonomous trucks at scale on the Uber Freight network. This partnership brings together the power of Waymo’s autonomous driving technology with the scale of Uber Freight’s network and leading marketplace technology, unlocking a roadmap for the thoughtful and safe implementation of autonomous trucks on America’s roads.
This agreement is an important milestone that includes a deep product integration and long-term collaboration roadmap that involves building the tools and infrastructure specific to the successful deployment of autonomous trucks for Uber Freight’s shipper and carrier customers. Carriers that purchase trucks equipped with the Waymo Driver in the future will be able to opt-in to Uber Freight’s marketplace through user-friendly applications that enable them to seamlessly deploy their autonomous assets on the Uber Freight network.
These applications will provide a streamlined experience for onboarding, load booking and execution, trailer transfers, and payment while also enabling an ecosystem where human drivers and autonomous trucks can collaborate effortlessly in a hybrid network to move freight. Both companies envision a future where autonomous trucks tackle the long-haul portion of driving, easing some of the burden of the increasing demand for freight while also enabling drivers to shift into short-haul jobs that enhance the occupation’s quality of life. Additionally, the companies will explore what the transfer hub model could look like with Uber Freight's universal trailer pool program, Powerloop, for easy and fast transfers between AV trucks and human drivers, streamlining operations between the first, middle and final mile.
As part of the long-term agreement, Waymo Via intends to reserve billions of miles of its goods-only capacity for the Uber Freight network. For shippers, the scale and depth of this partnership means that Uber Freight, alongside Transplace, will be able to integrate autonomy seamlessly into shipper networks and advise on how best to adjust their supply-chain strategies for a hybrid network future — where autonomously-driven trucks and human-driven trucks operate side by side to move freight more efficiently and safely. Uber Freight is also uniquely positioned to combine shipments from its $17B of Freight Under Management to maximize utilization of autonomous and human-driven trucks, and continuously optimize routes once the technology is deployed, driving savings and improving service and reliability for shippers.
“Uber Freight’s extensive, efficient and reliable digital network is essential to making autonomous trucks a reality,” said Lior Ron, Head of Uber Freight. “We are uniquely positioned to be the preferred network for autonomous trucks, with the scale and the marketplace expertise to deploy autonomous trucks in a way that benefits the entire industry. This partnership is an exciting leap forward and we are proud to work alongside the amazing team at Waymo Via to pioneer a hybrid freight network that truly empowers carriers and will ring in a new era of logistics.”
“Uber Freight’s network of shippers, carriers, and marketplace technology is a great match for the Waymo Driver,” said Charlie Jatt, Head of Commercialization for Trucking, Waymo Via. “Through this partnership, we can empower carriers to fully utilize their investments in the Waymo Via solution through Uber Freight, and create a great experience for shippers, while keeping our focus on developing the core Driver technology. We’re really excited to see how this partnership can impact the logistics industry and solve critical challenges over the next decade and beyond.”
“Partnering with Uber Freight opens up really interesting opportunities for us to help scale the Waymo Driver,” said Boris Sofman, Head of Engineering for Trucking, Waymo Via. “By combining the Waymo Via solution with the Uber Freight platform, we’ll be able to apply proven marketplace technology to help carriers dynamically deploy the Waymo Driver where it’s most valuable and most capable. We can’t wait to see what else comes from this deep collaboration.”
This partnership comes at a time of high fuel costs, a shortage of drivers, and rapidly increasing demand. The future of the industry will rely on a combination of autonomously-driven trucks and human-driven trucks deployed efficiently and at scale across a digital and optimized network. This innovative hybrid freight model between Uber Freight and Waymo Via will be the key to unlocking much-needed capacity for shippers, increasing fuel efficiency, providing carriers with the opportunity to scale their businesses, and ultimately streamlining global supply chains to the benefit of everyone.
About Uber Freight
Uber Freight is a logistics platform built on the power of Uber (NYSE: UBER) with the goal to reshape global logistics and to deliver reliability, flexibility, and transparency for shippers and carriers. Since launching in 2017 and acquiring Transplace in 2021, Uber Freight has built one of the world's largest and most comprehensive managed transportation and logistics networks. With over $17 billion FUM, Uber Freight counts over 130,000 digitally enabled carriers in its network and thousands of shippers as customers, from small businesses to Fortune 500 companies, including AB InBev, Land O’Lakes, LG, Nestlé, and many more.
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.
