STEVENS TRUCKING SELECTS LOCOMATION TO DEPLOY ITS AUTONOMOUS TRUCK SERVICE; WILL BOOST CAPACITY, INCREASE MARKET SHARE, REDUCE EMISSIONS
Immediate Focus on Optimizing Routes For Autonomy Before Deploying Automated Trucks
PITTSBURGH, PA, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Locomation, a leading provider of autonomous trucking technology solutions, today announced an eight-year agreement with Stevens Trucking Company of El Reno, Oklahoma, one of North America’s premier freight carriers. Locomation has previously signed contracts with Wilson Logistics, PGT Trucking, and Christenson Transportation. Stevens currently operates throughout the continental United States with its primary activity in Oklahoma, Texas, Missouri, Indiana, Illinois, and Ohio.
Using Locomation’s proprietary planning and optimization system, Stevens will restructure its operation using a relay model to run its trucks 20+ hours per day. Predicated on the success of the technology development effort, the company will then begin deploying up to 500 trucks equipped with Locomation’s Autonomous Relay Convoy^SM (ARC) systems on six separate Autonomous Relay Network^SM lane segments over five years. Locomation estimates the total freight transportation value of autonomous trucking in the six lane segments at more than $9 billion annually.
Stevens Trucking is focused on increasing its available capacity in the markets it serves. With Locomation’s freight optimization and autonomous vehicle (AV) technology, Stevens plans to double its market share on these lanes, reduce empty miles by up to 50%, and improve fuel efficiency by more than 20%. Including the substantial reduction in GHG emissions for their shipper customers, Stevens’ AV service promises to be a win-win for everyone.
“We are delighted to partner with Locomation to offer autonomous trucking services to our customers,” said Kenney Stevens, CEO of Stevens Trucking. “We chose Locomation because we’re convinced they are bringing to market the safest and most viable turnkey model to enable us to deploy autonomous technology in the near term. For Stevens, this is an incredible opportunity to establish a strong early mover presence in the lanes we’ve chosen to launch in and enable us to double our market share.”
Locomation’s ARC system is a human-led convoy of two trucks that are electronically tethered. This Human-Guided Autonomy^SM solution enables one driver to operate the lead truck while a second driver rests in the follower truck, allowing carriers to safely operate two trucks for 20-22 hours per day, all while remaining in compliance with the U.S. Department of Transportation’s Hours-of-Service regulations. Locomation’s solution is projected to enable carriers to deliver 2x the cargo, 2x farther, 2x faster, while reducing the per truck GHG footprint by as much as 22%.
“We are so pleased to enter this partnership with Stevens Trucking Company,” said Dr. Çetin Meriçli, Co-founder and CEO of Locomation. “With the ARC system in place, Stevens will be primed to boost capacity and gain market share while saving money, time, and fuel in the short term. Stevens will be at the forefront, able to grab the opportunities that come with operating a transportation system custom built for autonomous trucks.”
About Stevens Trucking
Stevens Trucking was founded in 1979 and has been operating in Oklahoma and the contiguous 48 states for 40 years. They operate over 1,500 trailers and over 300 tractors between their oilfield-flatbed and dry freight divisions.
About Locomation
Locomation is re-engineering the world’s supply chain for autonomy with a portfolio of AV products and a suite of tools that enable our clients to implement an operating model for autonomous vehicles. Launched in 2018 by veterans of Carnegie Mellon’s National Robotics Engineering Center, the Locomation team includes some of the world’s foremost experts in robotics, artificial intelligence, trucking operations, freight optimization, safety, and automotive technologies.
Learn more at https://locomation.ai or follow us on Twitter at @LocomationAI or on LinkedIn at linkedin.com/company/locomation.
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· STEVENS TRUCKING SELECTS LOCOMATION TO DEPLOY ITS AUTONOMOUS TRUCK SERVICE; WILL BOOST CAPACITY, INCREASE MARKET SHARE, REDUCE EMISSIONS
CONTACT: Sean Rushton, Director of Communications
Locomation
(724) 765-0752
sean.rushton@locomation.ai