Ryder Invests In Gatik And Partners To Establish North American Autonomous Delivery Network For B2B Short-Haul Logistics
Ryder Invests In Gatik And Partners To Establish North American Autonomous Delivery Network For B2B Short-Haul Logistics
10/19/21, 8:45 AM
Location
miami
Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, and Gatik, a leader in automating on-road transportation for short-haul, middle-mile logistics, announce a multi-year partnership designed to establish an autonomous logistics network for Gatik’s customers in the U.S. and Canada.
Company Info
Location
miami, florida, united states
Additional Info
Gatik, the leader in autonomous Middle Mile logistics, delivers goods safely and efficiently using its fleet of light and medium duty trucks. The company focuses on short-haul, B2B logistics for Fortune 500 retailers such as Walmart and Loblaw. Gatik’s Class 3-6 Autonomous Box Trucks are commercially deployed in multiple markets including Texas, Arkansas, Louisiana and Ontario. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Calif. and Toronto. Gatik was recognized on the 2021 Forbes AI 50 list and as a World Economic Forum Technology Pioneer.
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements, such as our expectations regarding establishing a nationwide autonomous delivery network for certain vehicles, are based on our current plans and outlooks and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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