* New York - One-third of all long haul trucks to be semi-autonomous by 2025
--- A wave of new connected technologies for long-haul trucks will trigger an economic boom over the next decade that will transform the industry, according to a new report... McKinsey & Company released a 40-page study Monday on the future of commercial transport that highlights how automation technologies will drive this expansion. The report said trucking companies can expect revenues to increase by 50 percent over the next decade, with the bulk of that value created by new technologies... Among those new capabilities, the research firm projects that by 2025, and least one of every three new heavy trucks will have high-level automation technology that eliminates the need for a full-time driver. Those and other technologies will drastically reduce costs for trucking companies across the spectrum while increasing demand for new trucks. Eliminating substantial costs such as drivers could reduce the so-called “total cost of ownership” by 35 percent to 50 percent... Those savings will allow more trucking companies to invest in new trucks, McKinsey says. And those trucks and their lower cost will enable new layers of last-mile services for customers who are increasingly expected a wide range of goods and services to be delivered almost instantly, the report says. That, in turn, will increase demand for more trucks that can be operating around the clock... Regulatory frameworks are still in early stages, and there is a risk that trucking companies could face of patchwork of rules across states and countries. And to fully leverage the benefits, trucks will need more robust communication networks such as these speeds promised by next-generation 5G networks...
(Photo: Daimler's self-driving Mercedes-Benz Actros trucks doing a test run in Europe) -- NY, USA - Trucks.com, by CHRIS O'BRIEN - Sept 12, 2016Labels: autonomous trucks, trucking industry news USA, trucking markets prognosis
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