Pittsburgh-based Stack AV, a company developing and building autonomous trucking solutions, recently launched its autonomous trucking business.
“We could not be more thrilled to unveil our autonomous trucking business to the world,” Peter Rander, Stack AV president, said. “As global commerce continues to become increasingly interconnected, now more than ever businesses have a dire need for more reliable and efficient supply chains, especially in the trucking and freight industries. Leveraging our advanced AI-powered autonomous driving systems, we will improve supply chains for our customers and optimize transportation routes and energy efficiency.”
The business will leverage the company’s self-driving technology to improve the trucking industry’s efficiency and enhance safety and tackle supply chain challenges for its partners and their consumers.
Challenges include driver shortages, elevated emission levels, high operating costs, lagging efficiency in uptime per vehicle, and overarching safety concerns.
SoftBank Group Corp. provided Stack AV with capital, resources, and deep expertise in artificial intelligence.
Stack AV employs 150 people at its headquarters and in 15 states via a remote-work/co-working collaboration model. The company’s technology is designed to maximize trucks’ uptime, optimize existing infrastructure and improve roadway safety with the goal of enabling smarter supply chains.
The company’s executives have more than seven decades of combined experience.