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J.B. Hunt and UP.Labs Unite to Establish Logistics Venture Lab to Fuel the Next Wave of Innovation in Logistics and Freight
At the UP.Summit, J.B. Hunt Transport Inc., one of the largest supply chain solutions providers in North America, and UP.Labs, a first-of-its-kind venture lab unlocking the future of transportation and mobility, announced their establishment of the Logistics Venture Lab (LVL).
The logistics and freight-focused lab will aim to launch as many as six startups over the next three years to solve core strategic challenges within the industry. The startups, the first of which the companies target to begin launching in 2025, are inspired by opportunities to drive efficiency and solve common problems faced by providers in the logistics and freight transportation space. They will focus on key industry service areas such as brokerage, dedicated, intermodal and truckload, among others.
J.B. Hunt, Bridgestone and Kodiak Surpass 50,000 Autonomous Long-Haul Trucking Miles In Delivery Collaboration
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, Bridgestone Americas (Bridgestone), a global leader in premium tires and sustainable mobility solutions, and Kodiak Robotics, Inc., a leading autonomous trucking company, celebrated a successful ongoing weekly delivery collaboration that has surpassed 50,000 autonomous long-haul trucking miles, incorporating Kodiak autonomous trucks to ship Bridgestone passenger car tires between South Carolina and Dallas. Since launching in January, the autonomous route has been driven with no accidents and achieved 100% on-time pick-up and delivery, and the companies have expanded the collaboration to include additional weekly deliveries along the route.
Utilizing Kodiak’s hub-to-hub autonomous delivery model, the long-haul stretch of the route from Atlanta to Dallas - approximately 750 miles and 16 hours - is completed using Kodiak autonomous driving technology, which is fitted with Bridgestone M719 drive tires and R213 steer tires. J.B. Hunt transports the trailers to and from Bridgestone facilities and Kodiak hubs. The companies leverage J.B. Hunt 360box®, a fluid network of 14,000-plus company trailers, to secure capacity for the return trip from Dallas, preventing empty miles and improving route efficiency.