Podcasts about embark trucks

Richard Hawwa is a Managing Director at Nomura Greentech, leading the Mobility and Automotive Technology practice in the Americas. Richard has 18 years of investment banking and operational experience, having advised on M&A and capital raising transactions with an aggregate value of more than $125 billion. Links: Show notes: http://brandonbartneck.com/futureofmobility/richardhawwa Edison Manufacturing Exchange: https://brandonbartneck.substack.com/publish/home https://www.linkedin.com/in/richard-hawwa-42a64b44/ Chapters 00:00 Introduction and Background 05:42 Misconceptions About Raising Capital 09:46 The Significance of Cash Burn and Gross Margin 12:13 Understanding the Importance of Cash and Margin 16:19 The Skepticism of Investors and Founders 18:26 The Never-Ending Fundraising Process 22:31 The Importance of Scalability in Building a Business 24:45 The Dichotomy of Venture-Backed Startups and Bootstrapped Businesses 27:48 Scaling a Business: Manufacturing and Bomb Cost 33:04 Building a Sustainable Competitive Moat 34:57 The Role of Capital Deployment 37:47 The Importance of Trust and Reputation in Relationships 41:09 The Value of Domain-Specific Experience 46:32 Conclusion Keywords investment banking, raising capital, financial picture, misconceptions, capital market, funding, milestones, revenue projections, scalability, marketing, building a business, fundraising, scaling, manufacturing, bomb cost, economies of scale, vertical integration, competitive moats, capital deployment, trust, reputation, domain-specific experience, CFO Richard Hawwa Bio: Richard is a Managing Director at Nomura Greentech, leading the Mobility and Automotive Technology practice in the Americas. Richard has 18 years of investment banking and operational experience, having advised on M&A and capital raising transactions with an aggregate value of more than $125 billion. Richard most recently served as the Chief Financial Officer at Embark Trucks, a NASDAQ-listed developer of self-driving software. He was instrumental in taking Embark public and its subsequent strategic sale in 2023, having helped raise $300 million in public and private capital. Prior to joining Embark in 2021, Richard served as a Managing Director at Citigroup, responsible for coverage of companies in the global mobility and automotive sector, advising and executing strategic M&A and capital raising transactions. Throughout his career, Richard has served as a relationship and execution leader across a variety of sectors and clients and, in this capacity, is actively involved with management teams and Board of Directors in new idea generation, capital raising transactions, strategic and valuation/defense reviews, acquisition and divestiture implications and overall strategic and capital raising advisory services. Richard's broad industry and transaction experience has been instrumental in supporting new and sustainable technologies in complex transactions and bringing his operational and transaction experience to the benefit of clients. Nomura Greentech: Nomura Greentech is a global investment banking advisory firm that supports companies in Capital Raising, M&A and Strategy. The team has the deepest transactional experience across Wall Street to provide real-time advice and form long-term partnerships with clients with access to investors globally Future of Mobility: The Future of Mobility podcast is focused on the development and implementation of safe, sustainable, effective, and accessible mobility solutions, with a spotlight on the people and technology advancing these fields. Edison Manufacturing and Engineering: Edison is your low volume contract manufacturing partner, focused on assembly of complex mobility and energy products that don't neatly fit within traditional high-volume production methods. linkedin.com/in/brandonbartneck/ brandonbartneck.com/futureofmobility/

Our guest on this week's episode is Melanie Nuce-Hilton, senior vice president, innovation and partnerships, at GS1 US. The world has long used barcodes for data tracking and transactions – we see them stamped on nearly every product we buy. However, new standards are being introduced to replace the humble bar code with more sophisticated codes that can contain much more data. We talk about the benefits and use cases for the newer 2D types of barcodes.We've been hearing about the potential for autonomous self-driving trucks for a few years now. The technology could be applied in transportation and could ease driver shortages. There have been a number of pilot programs for testing autonomous vehicles, but we also see some opposition to their adoption over concerns of safety. Today we share some of the latest news concerning these autonomous technologies. Speakers at this year's SMC3 JumpStart conference in Atlanta shared their views that the challenging conditions that have plagued freight markets for the past couple of years will continue in 2024 – but that the volatility will diminish as the year progresses. We share details on what they had to say.CSCMP's Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals.  Go to your favorite podcast platform to subscribe and to listen to past and future episodes.Articles and resources mentioned in this episode:GS1 USRyder and Kodiak open autonomous truck port in HoustonTeamsters and police opposed South Dakota bill allowing autonomous vehiclesSluggish outlook prevails, freight leaders sayGet episode transcriptsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comPodcast is sponsored by: ApteanOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

Peter Ludwig, Co-Founder & CTO, Applied Intuition and Yaser Khalighi, Product, Applied Intuition joined Grayson Brulte on The Road to Autonomy podcast to discuss the acquisition of SceneBox and why everything that moves will be autonomous in the future. The conversation begins with Yaser discussing why he made the decision to sell SceneBox to Applied Intuition in March 2023.The vision of building SceneBox, my vision was enabling customers in their autonomy journey. The reason that we exited to Applied was exactly to double down on that vision. – Yaser KhalighApplied is in the process of integrating SceneBox into their product offering, while retaining the user-friendliness of the SceneBox platform. The ultimate goal is that it's a completely seamless experience in what we call the ADP (Applied Development Platform). – Peter LudwigThe integrated SceneBox / Applied product offering will help autonomous vehicles and autonomous trucks scale safely and quickly. To further enhance the Applied product, Applied acquired Embark Trucks for $71 million in August 2023. Prior to the acquisition, Embark was a long-time Applied customer. With the acquisition we are discontinuing the autonomy trucking program, we are not entering Level 4 trucking. But we are going to be able to repurpose the tools they had built around the Applied development platform, and in fact bring some of those into our platform were it makes sense. – Peter LudwigThe data that Applied acquired from Embark will help their customers accelerate the development of their autonomous driving stack for Class-8 trucks. When it comes to training a virtual driver, unique data sets are needed to train the driver. Data gathered for Class-8 trucks can not necessarily be translated over to a developing a virtual driver for robotaxi operations.Taking a step out of the virtual world, Applied is has a partnership with NI (National Instruments) for hardware-in-the-loop validation. This partnership will allow their customers to scale quickly and safely and puts Applied ahead if and when certifications for autonomous driving systems become required by regulatory bodies. Wrapping up the conversation, Peter and Yaser share their opinions on the future of autonomy.Follow The Road To Autonomy on Apple PodcastsFollow The Road to Autonomy on Spotify Follow The Road To Autonomy on LinkedInFollow The Road To Autonomy on TwitterRecorded on Tuesday, August 15, 2023See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development.

0:00 -- Intro.1:35 -- Start of interview.2:05 -- Penny's "origin story".3:38 -- Her experience as CEO of Simplex including its IPO (2001) and later sale (2002).6:32 -- Her experience as CEO of FirstRain.7:57 -- On her board journey. Public boards (past and present): Rambus, JDSU, Faurecia (France), Lumentum, Smart Global, Forvia, Embarck Trucks. Private tech software company boards: Delphix and Modern Health.9:17 -- On distinctions between private and public boards. "A private VC-backed board is much more of a heavy lift than a public board... it's very interesting and you may not get paid [because it's based on stock]."13:35-- On serving as an independent director in a private VC-backed company during the down-cycle. How VCs are reacting. "It's better to take a lower valuation from a high-quality strategic individual than it is to chase the highest valuation because a bad investor will hurt you faster than anything else."16:00 -- On serving as Chair of public companies. "The biggest difference [between Chair and other directors] is that as Chair, you are the last to speak. It's really important to know that the role of the Chair is [to seek] the high quality functioning of the board and the participation of all the directors, not to share your opinion." "Leadership by listening rather than by speaking."18:12 -- On the separation of Chair and CEO roles. "It's really important that you really do have an independent board."20:29 -- On dual-class stock and founder control. "The benefit of dual-class stock with the benefit of a good founder is clarity of the strategy [preventing distraction]." "But there is a trade-off."23:35 -- On the role of the board in strategy and innovation. "You have to create a culture to challenge at the board level."26:30 -- Her take on ESG and the anti-ESG backlash. "I'm very pro-ESG, particularly E." "You have to have courage to lead." 33:33 -- On geopolitics and tensions with China. "We need more of a balancing than a decoupling (which is naive and unhealthy)." "The US has a complete chokehold on China for semiconductor manufacturing." "The semiconductor equipment comes from the US and Holland, and the software to design chips comes from California (dominated by two companies: Synopsis and Cadence)."39:06 -- On the transition to EVs in the automotive industry.40:38 -- On the evolution of boardroom diversity. "The California laws (SB-826 and AB-979), whether constitutional or not, brought great momentum for more board diversity."42:59 -- On her experience serving on French (and EU) company boards (which have board diversity quotas and union representatives on the board).47:55 -- How the automotive industry will change through technology and innovation. 50:24 -- The books that have greatly influenced her life (in this case, these books re-wired her brain on European history): From the Holy Mountain, by William Dalrymple (1997)The Silk Roads, a New History of the World, by Peter Frankopan (2015)52:10 -- Her mentors, and what she learned from them. Harvey Jones, former CEO of Synopsis. "the power of the great strategy."53:40 -- On founders or CEOs transitioning to the Chair role of the board. "I think it really depends on the founder."56:00 --  Quotes she thinks of often or lives his life by: "Damn the torpedoes, full speed ahead." 56:30 --   An unusual habit or an absurd thing that he loves: She loves the city of Rome.57:13 -- On the differences between the US and the UK/EU from a professional and cultural perspective. "As a woman, I couldn't imagine working in Europe in the 1980s or 1990s, and having any kind of career." "California is the best employment environment in the world for women in tech." "But to your general question: I would like to work in California and live in Europe."58:22 --   The living person he most admires: her father.Penny Herscher serves on four public company boards: Lumentum, SGH (Smart Global), Embark Trucks and Forvia SA and two private company boards, Delphix and Modern Health. She was President & CEO of two technology companies, Simplex and FirstRain, over the last 25 years. She is an experienced technology CEO, based in Silicon Valley, who took her first company, Simplex Solutions, public and then sold it to Cadence Design Systems in 2002. She sold her second company, FirstRain, to Ignite Technologies in 2017. Prior to Simplex, Penny was a member of the executive leadership team at Synopsys, through the IPO, on the way to becoming the #1 EDA company.__ You can follow Evan on social media at:Twitter: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Autonomous trucking company Embark Trucks announced March 3 it is winding down operations and is exploring a liquidation or sale. Embark said it is laying off 70% of its workforce — 230 employees — and is closing offices in Houston and San Francisco. It also indicated to the remaining 30% of the staff that they are being kept on to facilitate the company's shutdown. Embark has had a rocky history lately. The next step may be a liquidation, and the company is actively looking for a buyer.

Our guest is a 26-year old innovator and entrepreneur who is the co-founder of the $5 Billion self-driving semi-truck company in the world, Embark Trucks. His name is Alex Rodrigues and his company Embark is setting a precedent for self-driving semi-truck around the world.   Alex is going to talk with us about building this company and changing the world, one self-driving semi-truck at a time   02:04    Micro-High Performance Episodes 02:46    Events and Trips For Entrepreneurs 03:38    Seasoned Business Minds Group 04:12    Guest Introduction 05:22   The Platform Agnostic Design Trucks 06:23  An Average 26 year old with a Huge Company that's Changing the World 10:08   Robotics World Championship 12:43   Bedtime Business Journal 15:44  The Passion for Creating Value for People 19:02  Alex's Realization to Build a Business with a Self-Driving Truck 22:09  The 333 Business Idea Philosophy 27:09  Dropping Out of College to Build Something 29:03  Y Combinator Experience 33:52  Setting Business Strategy and Call Bullsh*t 35:29  Maintaining Business Relationship and Friendship 39:21   Embark Trucking  Business Phases 42:40  The Truck Transfer Program 47:30  Alex's Day-to Day Routine 50:16  The Unique Technology of Embark 55:45  Rule of Thumb when a Successful Company Goes Live in Public   Contact Info: https://embarktrucks.com/   Subscribe to the Podcast:  

Sam Abidi, Chief Commercial Officer of Embark Trucks, and Jon Cox, Senior Director of Solutions Design at DHL Supply Chain, are joined by Thomas Wasson, Enterprise Trucking Carrier Expert at FreightWaves, in this fireside chat on day 2 of F3. Discover an easier way of doing business with the J.B. Hunt 360°® platform. Manage the entire shipping process from start to finish, all in one place. See what the power of the J.B. Hunt 360 platform can do for you at jbhunt.com/power.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves Podcasts

Sam Abidi, Chief Commercial Officer of Embark Trucks, and Jon Cox, Senior Director of Solutions Design at DHL Supply Chain, are joined by Thomas Wasson, Enterprise Trucking Carrier Expert at FreightWaves, in this fireside chat on day 2 of F3.Discover an easier way of doing business with the J.B. Hunt 360°® platform. Manage the entire shipping process from start to finish, all in one place. See what the power of the J.B. Hunt 360 platform can do for you at jbhunt.com/power.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves Podcasts

America on 18 Wheels and BTU contributor Ingrid Brown sits in with the guysWelcome to the Back The Truck Up Podcast, where we share the news and reviews from the trucking and logistics industry. Justin “SuperTrucker” Martin, and James “Rooster” Bowen, are here to bring everyone together and welcome our dear sister, Ingrid Brown from “America on 18 Wheels.”Ingrid is an over the road veteran with a list of accomplishments a mile long. She is here to talk about her career, her goals, and life on the road. She has her shows “America on 18 Wheels” and “Stopping for 60 seconds, And Then Some” to talk about. Just when you thought you were safe, two new safety blitzesYes ladies and gentlemen, we have two new safety blitzes going on at the same time. Both FMCSA and NHTSA are at it again with FMCSA holding an “I-81 Unsafe Driving Week” running from June 20th to the 24th. NHTSA is also in on the action, running its own campaign targeting speeders and distracted drivers. That federal agency's event runs from June 21st until August 14th.  Abbott Laboratories shuts down againJust when everyone thought the baby formula struggles were starting to ease up, Abbott Laboratories had a little flooding issue and had to shut down again. Not two weeks after restarting the production lines, Abbott has another fiasco on its hands. With an unknown date for reopening, it is importing more formula from its Germain plant. I wonder how much cost difference there is between the domestic and international product?Rolling inspections in Savannah? Rear camera catches epic remarkYou have to hand it to the man running the dash cam for this golden moment between a dump truck driver and Georgia Motor Carrier Enforcement (MCE). The MCE inspector gave the driver a good reason to check his mudflaps, and his underwear, after calling him out on the P.A. system for a non-functional mudflap. I guess I'd rather get called out publicly than get a ticket. Also, we look at a “homemade” mud flap that might last a few seconds. Things we do to get by in a pinch.Is it time to invest in a “new to you” truck and trailer?Truck auction prices are finally falling as demand at the auction block starts to ebb. And if you're looking for a shiny new trailer, you might better work those phone lines because according to two major builders, their books are still full and are holding off opening the 2023 calendar. Waiting for imported parts is one problem, so why not invest in 3D industrial printers?(Inhales) Is that burnt peanut butter I smell?On June 17th, BTU covered the turnover and subsequent fire that engulfed a truck and trailer load of Jif peanut butter. As Rooster lives not too far from the Jif production facility in Albany, Georgia, the accident got his attention. But the question remains, “Will Jif get to claim cargo insurance on the recalled product headed to disposal?”Embark teaching Texas troopers how to pull over autonomous trucksSkynet approaches!  The Texas State Patrol is getting lessons from Embark Trucks about how to “properly pull over” the company's autonomous vehicles that operate along Interstate 10. The question on everyone's mind is “how do the trucks know the difference between a real cop and a fake one?”Check out BackTheTruckUp.com and find us on Facebook, TikTok, Twitter, YouTube! Apple Podcast Spotify Back The Truck Up YouTube Back The Truck Up TikTok Back The Truck Up Page on Facebook Back The Truck Up Group on Facebook @BackTheTruck on TwitterWith more than 60 years of experience in logistics innovation, Dunavant is a family-owned business that has the knowledge to ensure global and domestic shipping practices are efficient and effective. Dunavant generates supply chain proficiency with outstanding, attentive, and expedient customer service. For more information, visit Dunavant.com.

America on 18 Wheels and BTU contributor Ingrid Brown sits in with the guysWelcome to the Back The Truck Up Podcast, where we share the news and reviews from the trucking and logistics industry. Justin “SuperTrucker” Martin, and James “Rooster” Bowen, are here to bring everyone together and welcome our dear sister, Ingrid Brown from “America on 18 Wheels.”Ingrid is an over the road veteran with a list of accomplishments a mile long. She is here to talk about her career, her goals, and life on the road. She has her shows “America on 18 Wheels” and “Stopping for 60 seconds, And Then Some” to talk about. Just when you thought you were safe, two new safety blitzesYes ladies and gentlemen, we have two new safety blitzes going on at the same time. Both FMCSA and NHTSA are at it again with FMCSA holding an “I-81 Unsafe Driving Week” running from June 20th to the 24th. NHTSA is also in on the action, running its own campaign targeting speeders and distracted drivers. That federal agency's event runs from June 21st until August 14th.  Abbott Laboratories shuts down againJust when everyone thought the baby formula struggles were starting to ease up, Abbott Laboratories had a little flooding issue and had to shut down again. Not two weeks after restarting the production lines, Abbott has another fiasco on its hands. With an unknown date for reopening, it is importing more formula from its Germain plant. I wonder how much cost difference there is between the domestic and international product?Rolling inspections in Savannah? Rear camera catches epic remarkYou have to hand it to the man running the dash cam for this golden moment between a dump truck driver and Georgia Motor Carrier Enforcement (MCE). The MCE inspector gave the driver a good reason to check his mudflaps, and his underwear, after calling him out on the P.A. system for a non-functional mudflap. I guess I'd rather get called out publicly than get a ticket. Also, we look at a “homemade” mud flap that might last a few seconds. Things we do to get by in a pinch.Is it time to invest in a “new to you” truck and trailer?Truck auction prices are finally falling as demand at the auction block starts to ebb. And if you're looking for a shiny new trailer, you might better work those phone lines because according to two major builders, their books are still full and are holding off opening the 2023 calendar. Waiting for imported parts is one problem, so why not invest in 3D industrial printers?(Inhales) Is that burnt peanut butter I smell?On June 17th, BTU covered the turnover and subsequent fire that engulfed a truck and trailer load of Jif peanut butter. As Rooster lives not too far from the Jif production facility in Albany, Georgia, the accident got his attention. But the question remains, “Will Jif get to claim cargo insurance on the recalled product headed to disposal?”Embark teaching Texas troopers how to pull over autonomous trucksSkynet approaches!  The Texas State Patrol is getting lessons from Embark Trucks about how to “properly pull over” the company's autonomous vehicles that operate along Interstate 10. The question on everyone's mind is “how do the trucks know the difference between a real cop and a fake one?”Check out BackTheTruckUp.com and find us on Facebook, TikTok, Twitter, YouTube! Apple Podcast Spotify Back The Truck Up YouTube Back The Truck Up TikTok Back The Truck Up Page on Facebook Back The Truck Up Group on Facebook @BackTheTruck on Twitter

Continuing our theme of DesignLab's Community, this week our guest is President & Co-Founder of OpenMV and Lead Embedded Systems Engineer at Embark Trucks , Kwabena Agyeman. Kwabena and Majenta revisit his 2016 Hackaday SuperConference talk, “Kickstarting Computer Vision with the OpenMV” , discuss the Hackaday origins of OpenMV, and get a status update on how the startup is doing today.  OpenMV makes low power, microcontroller boards which allows users to easily implement applications using machine vision in the real-world, which basically means OpenMV makes it possible for students and hobbyists to build simple robots that can track colored objects or faces. In fact, our first guest on the BOM, Jayy Moss , uses OpenMV in his robot, Helen. OpenMV originated as a Hackaday semi-finalist, so it's very near and dear to our hearts. You can @Supplyframe and @Hackaday on Instagram, LinkedIn, YouTube, and Twitter, and @SupplyframeDesignLab on Instagram and Twitter. The BOM is a Supplyframe podcast hosted by Majenta Strongheart, written, produced, and edited by Frank Driscoll and co-edited by Daniel Ferera. Executive producers are Ryan Tillotson and Tyler Nielsen. Theme music is by Ana Hogben, with show art by Thomas Schneider. Special thanks to Giovanni Salinas, Bruce Dominguez, Thomas Woodward, Jin Kumar, Jordon Clark, Matt Gunn, the entire Supplyframe Team, and you, our wonderful listeners.

Sam Abidi, Chief Commercial Officer, Embark Trucks joined Grayson Brulte on The Road To Autonomy Podcast to discuss Embark's asset-light approach to autonomous trucking. The conversation begins with Sam discussing how Embark as a pre-revenue company is approaching commercialization. We expect to scale operations by way of our carriers who will haul goods for the shippers that we work with, and we expect to work with Tier 1's and OEMs to deliver that. – Sam AbidiTo deliver on this model, Embark has a partnership with Knight-Swift where Knight-Swift will own and operate the autonomous trucks running Embark's Universal Interface. We set out on a rather large effort to develop a standardized set of sensors and compute with flexible mounts and communication interfaces, so that our AV system could go from one OEM to another. – Sam AbidiEach truck running the Embark Universal Interface will have a very similar user interface and experience across multiple OEMs which makes the system scalable. Embark's system will allow carriers to add more capacity due to hours of service regulations which increases the amount of time it takes for a load to reach its final destination. With the U.S. inflation rate currently at 8.3%, a 40-year high and a driver shortage which is only growing, Grayson and Sam discuss why autonomous trucking is not being embraced as a tool to help reduce inflation by stabilizing the supply chain. It's a complicated story, you got to have a second order understanding of how supply chains work, you got to understand hours of service, you got to understand relay networks and hub networks, to really recognize how autonomy unlocks e-commerce and two-day delivery, and everyone's desire for cheap goods. – Sam AbidiWhen autonomous trucking is fully embraced by regulators, politicians and the public, the U.S. economy will benefit from job creation and lower inflation. For autonomous trucking to truly scale, partnerships are key. Embark has a partnership with Alterra for autonomous trucking terminals. At those depots, Ryder will be providing on-site services that are required to properly operate an autonomous trucking operation. From an infrastructure standpoint there are minor upgrades that have to be made to begin autonomous trucking operations, which will allow Embark to scale their terminal networks with partners.With the average price of diesel in the U.S. being $5.52 a gallon, Embark is beginning to look at alternative forms of fuel.We look forward to a platform that can run on electric or hydrogen for the distances that make sense for autonomy. – Sam AbidiWrapping up the conversation, Sam shares his thoughts on the current state of the autonomous trucking industry. Recorded on Tuesday, May 24, 2022.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Fresh off the company's first-ever earnings call, the co-founder and CEO of Embark Trucks outlines the route to commercialization, how trucks handle construction zones and why Embark partnered with a major real-estate firm.

In this Real Estate News Brief for the week ending March 5th, 2022... you'll hear about the Fed's rate hike plan, new figures on record high home equity, and why there's a land rush for autonomous trucks.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic NewsWe begin with economic news from this past week, and more aggressive talk about rate hikes to control inflation. Fed Chief Jerome Powell spoke before Congress and said he will support a quarter percent hike on the Federal Funds rate at the next policy meeting. He also anticipates that this will be one of a series of rate hikes this year, and that one or two of them would be more than a quarter point. (1)One big concern is the impact the war in Ukraine will have on prices. We're already seeing higher gas prices than we've ever seen before. Realtor.com also reports that high heating bills are giving many homeowners sticker shock. A PG&E spokesperson said in a TV interview that natural gas prices are 90% higher this winter, than last. (2) And Powell doesn't think inflation will go away anytime soon. He said during his testimony before the Senate Banking Committee: “We're going to see upward pressure on inflation, at least for a while.” He also said this is not going to help supply chain issues. The unemployment report was good news. Jobless claims were down to a two-month low of just 215,000 applications. As MarketWatch reports, “the economy appears to have regained some momentum” after a slowdown at the end of last year, thanks to a big drop in COVID cases and the lifting of coronavirus restrictions. (3) Job growth was also impressive. The Labor Department reported a gain of 678,000 jobs in February. Most of them were for leisure and hospitality jobs, along with education, health, and professional services, but the construction industry also saw big gains. The official unemployment rate is now 3.8%. (4) Builders started pouring money into projects in January. The Commerce Department says that construction spending was up 8.2% year-over-year, after a 1.3% increase from December to January. Spending for single-family construction was up 1.2% in January and “down” .1% for multi-family. There was also a big jump in private non-residential construction such as gas and oil well drilling. But the biggest gain was 13.8% for federal government projects. (5)Mortgage RatesMortgage rates were down again last week, as investors moved more money into bonds because of the war in Ukraine. Freddie Mac says the average 30-year fixed-rate mortgage was 3.76% while the 15-year was 3.01%. (6)In other news making headlines…Homeowners Tapping Into Home EquityHomeowners are seeing record amounts of equity as home prices continue to rise. Black Knight says the average equity is $185,000 for people with a mortgage. That does “not” include the 20% amount that lenders want mortgage holders to retain. (7)Urban Institute's Karen Kaul says we'll probably see more people tapping into that equity this year, but due to rising interest rates they probably won't be doing a cash-out refi. She says many will opt for second lien products such as a HELOC, which many people use to remodel a home.Heating & Cooling Supply Chain IssuesIf higher energy costs aren't enough to make you cringe, it's growing more difficult to get parts to fix a broken furnace or air conditioner. The Wall Street Journal reports that HVAC companies are struggling to get parts for both residential and commercial buildings. Those bottlenecks add to the challenge of getting other necessary construction materials like windows, garage doors, and paint. (8)One thing that is increasing the demand for heating and cooling upgrades is the rise in remote work. The Journal says that many remote workers want new climate control technology and that HVAC backlogs are becoming “very, very disruptive.”Land Rush for Autonomous Trucks?There's another interesting twist to our high tech future, and possibly something that will help with supply chain issues. The Journal reports that a land grab is beginning for the parking of self-driving trucks near big cities. It reports that Philadelphia-based investor Alterra Property Group is teaming up with autonomous-truck company Embark Trucks to buy properties across the country. (9)Embark plans to launch its first trucks in Sunbelt states like California and Texas. That's expected to take place in 2024. The trucks would be autonomous on highways and taken over by humans on city streets. Vacant Properties in the U.S.While the real estate market operates with a very tight inventory, you might be curious to know how many homes are sitting vacant. According to LendingTree, there are 16 million of them, with the most number of vacant homes in Vermont, Maine, and Alaska. The vacancy rate in those three states is between 20 and 22%. The states with the least number of vacant homes are Oregon, Washington, and Connecticut. If you are wondering, California is fifth from the bottom on that list with a vacancy rate of 8.68%. (10)Vacant homes are not necessarily a bad thing. LendingTree's Jacob Channel says: “Homes can be vacant for a variety of reasons, and just because an area has a high vacancy rate doesn't necessarily mean that there's something wrong with its housing market.” Although some may be uninhabitable, he said vacancies might be due to the rapid building of homes that are not yet occupied, a high number of second or vacation homes, and for-sale homes that are still on the market, among other reasons.That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!You can also join RealWealth for free at newsforinvestors.com. As a member, you have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.marketwatch.com/story/powell-says-ukraine-war-is-adding-to-inflation-fears-11646324667?mod=federal-reserve2 -https://magazine.realtor/daily-news/2022/03/04/high-heating-bills-stun-homeowners3 -https://www.marketwatch.com/story/jobless-claims-drop-to-two-month-low-of-215-000-as-omicron-wanes-and-firms-hire-more-workers-11646314574?mod=economy-politics4 -https://www.marketwatch.com/story/coming-up-u-s-jobs-report-for-february-11646399014?mod=mw_latestnews5 -https://www.nasdaq.com/articles/construction-spending-soars-in-january%3A-4-stocks-to-buy6 -https://www.freddiemac.com/pmms7 -https://magazine.realtor/daily-news/2022/03/01/homeowners-tempted-to-use-equity8 -https://magazine.realtor/daily-news/2022/03/04/add-furnace-parts-to-growing-list-of-material-bottlenecks9 -https://www.wsj.com/articles/self-driving-trucks-start-to-propel-land-rush-near-major-cities-11646053200?mod=hp_featst_pos510 -https://magazine.realtor/daily-news/2022/03/02/16-million-homes-vacant-in-us

Nora and Scott get the lowdown on the latest autonomous vehicle tech news with Morning Brew Emerging Tech reporter Hayden Field. Then, we'll take a look at how that technology is currently being used in the long-haul trucking industry with Alex Rodrigues, co-founder and CEO of Embark Trucks. Full transcripts for all Business Casual episodes available at https://businesscasual.fm

You've likely heard of autonomous vehicles in the news when it comes to a lot of firsts–but how has AV technology improved in the last couple of years when it comes to the evolution of driver's role in the vehicle, safety, and future adoption by carriers?In this episode, I'm bringing you a panel I hosted in January at Manifest: The Future of Logistics. The talk explored the reality of autonomous trucking with some of the best leaders in the AV space which include: CEO and co-founder Don Burnette of Kodiak Robotics, COO and co-founder Shawn Kerrigan of Plus, and Cheif Business Officer Mike Reid of Embark Trucks.  These are a few of the leaders in this space so if you're looking for what the landscape looks like today, we've got you covered.Search by topic and check out all our past episodes of the Digital Dispatch podcast—right on our website.

In the 3+ years that M4Edge has been around, we've aired over 50 episodes and, as listeners know, we usually ask our guests to give us their view of the future 20 years hence. Sometimes the answers are somewhat expected, sometimes they're a little humorous, and sometimes they're deeply thought provoking. As a holiday present, this episode offers a compilation of some of our favorites. We won't go so far as to say that this is a "best of" set, since we left out some great ones. But we've reached across the catalog, from our very first to our most recent episode, and offer you here some of our guests' views on the future of manufacturing, material design, food and agriculture, artificial intelligence, human resources, business analytics, robotics, clean energy, autonomous driving ... you know, M4Edge stuff. Stay tuned and stay curious as we retool our show in 2022!

On today's episode Dooner and The Dude are coming to you live from day 3 at F3. They're joined by special guests Alex Rodrigues, CEO and co-founder at Embark Trucks who talks about his company going public today at a $5+ billion valuation. Not bad for a 26-year-old. Bob Hitt, North American Lead, Transportation & Logistics Industry at SalesForce on the evolving landscape's impact on the future of freight sales.Eric Rempel, Chief Innovation Officer at Redwood has predictions for ‘22 and beyond. Prasad Gollapalli, President/CEO at Trucker Tools shares tips on overcoming capacity constraints. Haley Evans, VP, Broker Services at TriumphPay speaks to the future of freight payments.Zach Strickland, Market Analyst at FreightWaves tells us all about SONAR TRAC.And we send off outgoing FreightWaves President and current Emerge President George Abernathy.Visit our sponsorSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts

On today's episode Dooner and The Dude are coming to you live from day 3 at F3. They're joined by special guests Alex Rodrigues, CEO and co-founder at Embark Trucks who talks about his company going public today at a $5+ billion valuation. Not bad for a 26-year-old. Bob Hitt, North American Lead, Transportation & Logistics Industry at SalesForce on the evolving landscape's impact on the future of freight sales.Eric Rempel, Chief Innovation Officer at Redwood has predictions for ‘22 and beyond. Prasad Gollapalli, President/CEO at Trucker Tools shares tips on overcoming capacity constraints. Haley Evans, VP, Broker Services at TriumphPay speaks to the future of freight payments.Zach Strickland, Market Analyst at FreightWaves tells us all about SONAR TRAC.And we send off outgoing FreightWaves President and current Emerge President George Abernathy.Visit our sponsorSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts

This is the final M4Edge episode of 2021 an we are finishing this year with a bang, Our guest is Alex Rodrigues, founder and CEO of Embark Trucks; he is a Forbes 30 under 30, and more importantly, at the tender age of 26 he has just brought Embark public through a SPAC deal valuing the company at over 5 billion dollars.Embark is right up the M4Edge alley, where we look at technologies that change the way the economy works: Embark develops software for self-driving trucks. Alex Rodrigues has a long-standing interest in automation: his passion for robots started when he was 11, so even though he's only 26, he is already kind of a veteran in robotics. In our interview he revealed a number of interesting insights on the present and the future of automation, and some of them are quite surprising. How is this for a nugget: here we have the founder of a self-driving trucks company predicting a bright future for truck drivers!We had a great conversation on where and why self-driving trucks could create – or at least preserve – jobs; but also on where they will be deployed first, and what they could imply for the future of logistics and distribution, quite an important topic given the recent dramatic supply chain disruptions.Alex also explained why the development of self-driving trucks might be very different from that of self-driving passenger cars; we talk about road safety and cyber-security, and about Embark's business model: they don't actually produce trucks, they are a SaaS company.And we close with Alex's reflections on the future of robotics and automation. This episode has everything we – and you – like best: an enthusiastic and deeply knowledgeable guest, cutting edge technology, business model innovation and important implications for the way we live and work. Thanks for listening, Thanks for Being Curious, and as always, please share the episode and if you have a few minutes, leave us a review. We'll be back in 2022 with a brand new series we're planning, so…enjoy the holidays and STAY curious!

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On today's podcast we welcome the Co-Founder and CEO of Embark Trucks, Alex Rodrigues. Embark is a leading developer of autonomous software technology for the trucking industry.   On the show, Alex discusses: -What it was like to drop out of university to become a Thiel Fellow -Embark's self-driving technology and their value proposition to customers -Insights into the $4.55 billion merger with Northern Genesis Acquisition II -How they get investors comfortable with a pre-revenue stage company -And more

After completing the first autonomous cross country trip in 2018, Embark Trucks stayed below the radar until this year when it has announced a plethora of advancements like solving the challenge of autonomous trucks navigating construction zones, developing a universal interface that will plug into any major truck maker's equipment and, most recently, a SPAC that values the company at more than $5 billion. Co-Founder & CEO of Embark Trucks, Alex Rodrigues, speaks with FreightWaves Detroit Bureau Chief Alan Adler.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves Podcasts

After completing the first autonomous cross country trip in 2018, Embark Trucks stayed below the radar until this year when it has announced a plethora of advancements like solving the challenge of autonomous trucks navigating construction zones, developing a universal interface that will plug into any major truck maker's equipment and, most recently, a SPAC that values the company at more than $5 billion. Co-Founder & CEO of Embark Trucks, Alex Rodrigues, speaks with FreightWaves Detroit Bureau Chief Alan Adler.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves Podcasts

Channext, a software-as-a-service platform connecting vendors and business partners, has raised USD 0.8 million in a seed round. Channext will use the funds received in this round to extend its European footprint in countries such as Italy, the Nordics, and Spain. Despite the difficulties of starting a business during a pandemic, he continued, their company has expanded significantly in the last year.Pathfndr.io, a no-code SaaS startup, has raised an undisclosed amount in pre-Series A round led by Arali Ventures. Other participants include SEA Fund, Wayfare Ventures, KPB Family Trust, Acsys Investments, and Capital A, JAZFund LLC, Shravan Gupta, and founders of unicorns Freshworks and Chargebee. Pathfinder.io is the operating name of Bengaluru-based MeTripping Technologies Pvt Ltd. The firm said in a statement that the additional money would be used to continue investing in product innovation at scale and expand its worldwide sales force.Tomi.ai, an AI-powered platform optimizing digital ads, has announced its seed fundraise of $1 million from Begin Capital and Phystech Leadership Fund. Konstantin Bayandin, founder and CEO of Tomi.ai, on his LinkedIn handle, announced the funding and thanked the investors. According to reports, Mr. Bayndin would use the proceeds from the fund to expand the company's platformHyderabad-based BigLeap has raised ₹5 crores ($0.67 million) in a debt fund from Anup Kumar Yama, a roller skater athlete from India and the CEO of Yama Skating Academy. Reports state that the funding was raised for the startup's initiative, BigLeap.AI, a stealth-mode HR product aimed at simplifying the job search experience. According to the Times of India, The BigLeap.AI app is expected to be rolled out in September this year and would help job seekers to tap into active vacant jobs in different sectors.New York-based Batch has raised $5 million in a seed round funding co-led by Coatue Seven Seven Six as per reports. The round witnessed participation from the Weekend Fund, Shrug Capital, and the Chainsmokers, among others. The startup provides QR codes to help retailers selling to customers, make re-ordering of their products fast and simple. Currently, the startup uses Apple's App Clip technology assisting the users in loading a small part of the app on demand but plans to make it work on both iOS and Android eventually.Acryl Data has come out of stealth mode, raising $9 million in a seed round led by 8VC, with LinkedIn and Insight Partners' participation to help companies use their tools for their big data requirements. Golden Ventures, an early-stage venture capital firm, has raised its fourth fund of $100M. The funds will be utilized to invest in new companies and follow-on investments in businesses outside of Golden Ventures' portfolio. At this time, the fund's primary goal is to profit from the growing trend of increased opportunity in the Canadian environment.Mitiga, a cloud security startup, has raised $25 million in a Series A funding round led by DNX, ClearSky Security, and Atlantic Bridge.  According to the Israeli firm, the money will be used to “continue to disrupt how incident preparation and response is delivered,” as well as to “significantly” increase its cybersecurity, engineering, sales, and marketing employees.Pequity, a compensation software builder for equitable pay, has raised $19 million in a Series A funding round led by Norwest Venture Partners. Other participants include Scribble Ventures, First Round Capital, and Designer Fund. The funds will be used to invest in products as well as hiring. The firm now has 20 employees on its payroll and plans to double that number by the end of the year, after favorable market feedback.Frumtak Ventures has launched its third fund, Frumtak III, to invest in post-seed and Series A startups. The $57M fund would have a ticket size ranging from one to five million dollars for the companies it would invest in. The VC firm targets early-stage companies having a high growth potential.Embark Trucks Inc. and Northern Genesis Acquisition Corp II have jointly announced that both the companies will be entering a definitive business combination agreement that will make Embark Trucks go public. This deal will give Embark Trucks a market value of $5.2 billion. Embark Trucks is an autonomous software technology developer for the trucking industry. Aircall, a cloud-based call center software firm with a $1.1 billion value, has raised $120 million in a Series D round, making it a unicorn. The business plans to hold an enormous technology stack and collaborate with large telecom companies to use their networks.Vercel, a platform for creating, evaluating, and deploying Jamstack sites, has received $102 million in a Series C round with a valuation of $1.1 billion, making it a unicorn. Vercel is the open-source Next.js React framework's creator. Traffic to all of the company's websites and applications has tripled since October 2020, indicating significant growth. Carhartt, Github, IBM, McDonald's, and Uber are among Vercel's clients.PlanetScale, the pioneer of Vitess, a database clustering system for MySQL, has announced its Series B fundraise of $30 million, led by Insight Partners. Andreessen Horowitz and SignalFire participated in the round.Forto, a provider of digital logistics technology, digitized freight forwarding supply chain solutions, has turned a unicorn, raising $240 million in a Series C round led by SoftBank Vision Fund 2. The company's valuation now stands at $1.2 billion.In a move to unify developer experiences, providing intelligent applications, Amazon Web Services, and Salesforce have announced the expansion of their strategic partnership. The move would facilitate customers to use Salesforce and AWS capabilities in tandem to deploy robust and new business applications accelerating digital transformation quickly. Drata, a compliance and security automation company, has announced its Series A fundraise of $25 million in a round led by GGV Capital. Angel and other investors – SVCI (Silicon Valley CISO Investments), Okta Ventures, Basis Set Ventures- participated in the funding round.Rocketlane, a B2B SaaS, received $3 million in initial investment from Matrix Partners India and Nexus Venture Partners. According to a senior corporate executive, the cash will be used to grow the company and hire more employees. Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala established Rocketlane in 2020 as a purpose-built unified workplace for interacting with clients on onboarding efforts.

The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and value the company at more than $5 billion. Alphabet's Waymo just raised $2.5 billion in fresh funding as it tries to expand its self-driving taxi fleet outside of Phoenix. Chris Gerdes is a professor of mechanical engineering and co-director of the Center for Automotive Research at Stanford and a safety adviser with Ford's autonomous-vehicle division. Marketplace’s Amy Scott asked him where all this money is going.

The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and value the company at more than $5 billion. Alphabet's Waymo just raised $2.5 billion in fresh funding as it tries to expand its self-driving taxi fleet outside of Phoenix. Chris Gerdes is a professor of mechanical engineering and co-director of the Center for Automotive Research at Stanford and a safety adviser with Ford's autonomous-vehicle division. Marketplace’s Amy Scott asked him where all this money is going.

The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and value the company at more than $5 billion. Alphabet's Waymo just raised $2.5 billion in fresh funding as it tries to expand its self-driving taxi fleet outside of Phoenix. Chris Gerdes is a professor of mechanical engineering and co-director of the Center for Automotive Research at Stanford and a safety adviser with Ford's autonomous-vehicle division. Marketplace’s Amy Scott asked him where all this money is going.

The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and value the company at more than $5 billion. Alphabet's Waymo just raised $2.5 billion in fresh funding as it tries to expand its self-driving taxi fleet outside of Phoenix. Chris Gerdes is a professor of mechanical engineering and co-director of the Center for Automotive Research at Stanford and a safety adviser with Ford's autonomous-vehicle division. Marketplace’s Amy Scott asked him where all this money is going.

Robert Brown, Senior Director of External Affairs, TuSimple, Jordan Coleman, General Counsel & Vice President of Policy, Kodiak Robotics, and Jonny Morris, Head of Public Policy & Communications, Embark Trucks joined Grayson Brulte on The Road To Autonomy Podcast to discuss the current state of the autonomous trucking industry.The conversation begins with Robert Brown sharing his thoughts on the current state of the autonomous trucking industry from a policy perspective.We are doing quite well as an industry. It is a testament to the core folks that work in this industry. We work very closely at a State and Local level in all of the States that we operate in. We all come from the adage that we do not like to surprise anyone. – Robert BrownExpanding upon Robert's comments, Jordan talks about the efforts that are being made around education and building trust with elected officials and regulators.Trust is absolutely paramount in this industry. Showing that deep commitment to engagement on a State, Regional and Local level. As well as that deep commitment to building those relationships first. – Jordan ColemanRounding out the conversation about the current state of autonomous trucking, Jonny shares a detailed overview of policy and the regulatory environment.Even though autonomous trucking is cutting-edge technology, it is an emerging industry. We are not entering into a blank slate from a regulatory environment perspective. There are plenty of requirements, rules, authorities that exist in the trucking industry today. – Jonny MorrisPutting the regulatory environment into perspective, Grayson asks Robert why Arizona, New Mexico, and Texas are emerging as the leading hubs for the testing and deployment of autonomous trucking.It has a lot to do with the regulatory environment. All three States now have legislation on the books that allows [autonomous trucking] testing and deployment. – Robert BrownIn January 2021, Kodiak successfully completed a disengage-free customer delivery from Dallas to Houston, Texas. Grayson asks Jordan how the company prepared for the run from a policy perspective. Jordan explains that before Kodiak started operations in Texas, the company met Governor Abbot's office, State Legislators in both chambers, the Texas Department of Public Safety, the State Highway Patrol, and regional and local partners.Shifting the conversation to California, Jonny talks about the importance of the California market for autonomous trucks and what the current state of autonomous trucking policy looks like in California. Robert chimes in about his love of living in San Diego and why autonomous trucking will create new high-paying jobs in California.Looking at the priorities of the Governor and the California State Legislature, Jonny explains why the autonomous trucking industry is aligned with California's goals on climate change and emissions.Automation is something that can be adapted for any drivetrain, whether it's diesel, natural gas, or electric vehicles. Furthermore what we have seen is that automation can take any drivetrain and make it more efficient because it is a more efficient driver than a human driver. – Jonny MorrisWith the electrification goals of California, Grayson asks Jordan if Class 8 trucks will ever become electric.It's absolutely a when not an if. – Jordan ColemanAs Jonny and Jordan clearly explained, the autonomous trucking industry is clearly aligned with the goals of California. With California's unemployment rate currently holding at 8.3%, Robert talks about the positive economic impacts that autonomous trucking will have on the State and the new high-paying jobs that this industry will create.If California does this, it is a true game-changer from an economics perspective. – Robert BrownHighlighting the U.S. Department of Transportation VOLPE Macroeconomic Impacts of Automated Driving Systems in Long-Haul Trucking study as an example, Robert explains why autonomous trucking will create new high-paying jobs and have economic benefits on the U.S. economy.With the industry projected to have a positive economic impact on the U.S. economy the group discusses how the industry interacts with lawmakers and regulators on a federal level. Jonny addresses the misnomers around what the autonomous truck industry does and does not need from a regulatory and legislative standpoint.[There is a misnomer] that this is the wild west and there are no rules for autonomous trucks. The fact of the matter is that the trucking industry is heavily regulated at the federal level. – Jonny MorrisStaying on the theme of misnomers, Jonny, Robert, and Jordan all address the workforce issue and clearly explain that if you are a truck driver today, you can retire a truck driver. There is an enormous need for high-quality truck drivers today partly due to the increase in e-commerce.If you bought it, it's been on a truck. – Jordan ColemanWith e-commerce projected to grow another 18% in 2021, Robert and Jordan discuss how autonomous trucking is working to shore up the e-commerce supply chain.All commerce is becoming e-commerce. It is all being shipped and it is all being shipped via truck. That only underscores the critical need for this technology. – Jordan ColemanAnother critical need for this technology is for the shipping of fresh fruits and vegetables as The World Bank is projecting the global population to be 9.7 billion by 2050. Jordan, Jonny, and Robert discuss how autonomous trucks can reduce food spoilage and increase access to healthy foods.Wrapping up the conversation, Jonny, Jordan, and Robert share their thoughts on the positive impact that autonomous trucking will have on society.Follow The Road To Autonomy on Apple PodcastsRecorded on Monday, June 14, 2021.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today’s episode, Dooner and The Dude are talking about how the wheels that keep supply chains moving are made; DHL’s sustainability solutions; and the data that keeps ocean trade flowing.Plus, Embark Trucks is hauling HP printers as it grows its autonomous partner network; ATA announces Virtual Truck Driving Championship; Union Pacific probes train derailment; New Zealand man fights back against potholes; $500,000 in electronics swiped from a parked semi truck; and more.They’re joined by special guests Bianca O’Brien, strategic programs and GoGreen manager at DHL Global Forwarding for the Americas; Doug Mason, global technical manager at Alcoa Wheels; and Henry Byers, market expert at FreightWaves Visit our sponsorSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts

On today’s episode, Dooner and The Dude are talking about how the wheels that keep supply chains moving are made; DHL’s sustainability solutions; and the data that keeps ocean trade flowing.Plus, Embark Trucks is hauling HP printers as it grows its autonomous partner network; ATA announces Virtual Truck Driving Championship; Union Pacific probes train derailment; New Zealand man fights back against potholes; $500,000 in electronics swiped from a parked semi truck; and more.They’re joined by special guests Bianca O’Brien, strategic programs and GoGreen manager at DHL Global Forwarding for the Americas; Doug Mason, global technical manager at Alcoa Wheels; and Henry Byers, market expert at FreightWaves Visit our sponsorSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts

Embark Trucks is driving autonomous trucking. On this episode, Alex Rodrigues, Co-Founder and CEO of Embark Trucks, talks about the commercialization of the technology to both transform and augment this crucial industry. Through their software, they are improving the supply chain and the lives of those who work within the industry. If you enjoyed this episode, please leave us a review and subscribe to SAE Tomorrow Today on your favorite podcast platform. Send ideas for future guests and topics to podcast@sae.org. Interested in staying updated on emerging news and trends like the future of autonomous trucking? Have SAE SmartBrief delivered straight to your inbox. Follow SAE on LinkedIn, Instagram, Facebook, Twitter and YouTube Follow host Grayson Brulte on LinkedIn, Twitter and Instagram

Jonny Morris, Head of Policy at Embark Trucks joins Grayson Brulte on The Road To Autonomy Podcast to discuss the intersection of policy, regulation, and technology.In this episode, Grayson and Jonny discuss the regulatory environment and the misconceptions around self-driving trucks. Jonny discusses the hurdles that need to be overcome before trucks are regularly driving autonomously on public roads around the United States.Building upon Jonny's background in The White House we dive into policy and discuss how self-driving trucks will create new jobs. With Embark's transfer hub strategy, Embark is creating new jobs in the trucking industry.The Embark model is a transfer hub model that combines the strengths of the traditional truck driver with the strengths of an automated driving system. The automated driving system does not get distracted and can drive long periods of time. When the self-driving truck arrives at an Embark transfer hub, a traditional driver takes the load for the final mile of delivery.Innovation is a Good Thing. Innovation is a Job Creator.- Jonny Morris, Head of Policy, Embark TrucksEmbark is solving a problem by playing to strengths of the current state of automation. Continuing the conversation, Jonny and Grayson discuss the jobs that will be created by self-driving trucks. Why the industry has historically not attracted women and the economics of self-driving trucks.Closing out the conversation, Jonny offers his advice on Self-Driving Trucks to Democratic Presidential Nominee, Joe Biden.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.