(Blacksburg, VA – September 20, 2022) Torc Robotics, a pioneer in commercializing self-driving vehicle technology, today announced that Schneider (NYSE: SNDR) and Torc are working towards implementation of a pilot program utilizing Torc’s autonomous test fleet.
“Schneider is an undisputed leader in the industry,” said Michael Fleming, Torc founder and CEO. “Many of trucking’s best practices and breakthroughs stem from Schneider’s forward-thinking approach. This relationship with Schneider is a significant step for the operational development of our product as we continue to work toward a seamless integration with the existing freight industry.”
As part of the agreement, Schneider will provide freight loads for Torc’s pilot operations and unique insights on truckload freight that will help guide the development and ongoing commercialization of autonomous trucks for long-haul applications.
“We see great potential for Torc’s autonomous technology to improve freight efficiencies while helping to lower cost,” said Rob Reich, Schneider executive vice president and chief administrative officer. “Schneider is looking forward to providing Torc with the industry and operational knowledge needed to maximize the potential of autonomous trucks.”
Torc recently announced the formation of its Torc Autonomous Advisory Council (TAAC), which includes key freight industry players such as Schneider. The latest agreement with Schneider will be multi-phased, launching from the initial scouting work that the companies have already completed. Through Torc’s Test/Discover/Iterate approach, initial evaluation has commenced to ensure Torc’s systems are achieving the necessary requirements for Schneider and its customers. The next steps include system integration and day-to-day commercial operation pilots throughout 2023 and beyond. The end goal of the effort is to hone the product trajectory into an industry-guided usable solution.
Schneider is a premier multimodal provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.
With $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.
About Torc Robotics
Torc Robotics, headquartered in Blacksburg, Virginia, is an independent subsidiary of Daimler Truck AG, a global leader and pioneer in trucking. Founded in 2005 at the birth of the self-driving vehicle revolution, Torc has 17 years of experience in pioneering safety-critical, self-driving applications. Torc offers a complete self-driving vehicle software and integration solution and is currently focusing on commercializing autonomous trucks for long-haul applications in the U.S. Torc operates test facilities in Albuquerque, New Mexico, and engineering offices in Austin, Texas, and Stuttgart, Germany. Torc’s mission is saving lives with autonomous technology, which incorporates reducing highway deaths, enabling critical supplies – including medicines and foods – to reach every community in a timely manner, and helping the transportation industry increase fuel economy, uptime, and capacity.