Category: TuSimple

TuSimple to Restructure US Business, Lay Off 30 Percent Staff

May 18, 2023
Business & MarketsCompaniesMarketsrecessionRestructuringTuSimpleUSUS News
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TuSimple Holdings Inc. said on Thursday it will cut 30 percent of its workforce in the United States under a restructuring as the autonomous driving technology company looks to preserve its balance sheet amid a funding crunch in the sector. The shares of the company fell more than 8 percent in premarket trading. The San…

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DHL Orders 100 Self-Driving US Trucks From TuSimple and Navistar

December 18, 2021
Business & EconomyCompaniesDHLTuSimple
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AUSTIN, Texas—DHL Supply Chain has placed a U.S. order for 100 trucks equipped with TuSimple’s self-driving technology and manufactured by Navistar to further expand its understanding of driverless trucks in its supply chain. DHL, a subsidiary of Deutsche Post AG, in a statement said that while the partnership was currently in its infant stages, it…

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