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outrider

Outrider launches automated trailer inventory management platform

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Outrider, a developer of autonomous yard operations for logistics hubs, has released its system for trailer inventory management at distribution yards.

Part of the Outrider System, this patent-pending trailer inventory feature provides real-time tracking of the semi-trailers and containers in yards. This constantly updated intelligence about asset and freight locations enables large, logistics-dependent enterprises to increase the efficiency of their yard operations.

Today’s yard operations require employees to patrol the distribution yard – either on foot or by driving a vehicle – to manually update the locations of trailers in dock spots, parking spots, and storage areas. This data collection process is tedious, error-prone, and quickly outdated, causing frequent shipping delays. [Read more…] about Outrider launches automated trailer inventory management platform

Nvidia and Abu Dhabi join $73 million Outrider funding round

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Outrider, a startup developing autonomous yard operations for logistics hubs, has closed $73 million in Series C financing led by FM Capital. 

New investors include a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and NVentures, Nvidia’s venture capital arm.

Existing investors participating in the round include Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). Outrider has raised $191 million in financing to date based on its technical leadership in autonomous systems for distribution yards. [Read more…] about Nvidia and Abu Dhabi join $73 million Outrider funding round

Outrider equips autonomous trucks with deep-learning driven robotic arms

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Outrider, the startup developing autonomous yard operations for logistics hubs, has releaseed TrailerConnect – a patented technology that robotically attaches the needed brake and electric lines from yard trucks to any of the over 10 million trailers and chassis circulating globally.

A deep-learning based technology, TrailerConnect is now available as part of the Outrider System, which automates distribution yards for large, logistics-dependent enterprises.

In distribution yards around the globe, yard trucks transition semi-trailers from dock doors to parking spots to public roads. To move these trailers, truck drivers connect pressurized brake lines to semi-trailers to release the parking brake and move the trailers around the yard – a hazardous manual task that requires the driver to get in and out of the cab constantly. [Read more…] about Outrider equips autonomous trucks with deep-learning driven robotic arms

Outrider releases new autonomy kit for scaling distribution yard automation

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Outrider, the developer of autonomous yard operations for logistics hubs, has released its next-generation autonomy kit for its yard automation solution.

Supporting over-the-air software updates and field-swappable units, the latest autonomy kit is designed to deliver enterprise-class reliability, enable remote technical support, and efficiently service the system in the field – all at scale.

Andrew Smith, founder and CEO of Outrider, says: “Distribution yards are harsh industrial environments with around-the-clock operations, which means our autonomous system must be rugged, easy to service, and remotely supportable. [Read more…] about Outrider releases new autonomy kit for scaling distribution yard automation

Outrider releases ‘fully autonomous’ truck parking system

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Outrider, a developer of autonomous technology for yard operations at logistics hubs, has released “fully autonomous” trailer backing capabilities to its fleet.

This proprietary technology enables autonomous yard trucks to back trailers into tight spaces with precision and without modifications to trailers.

These capabilities are now available as part of the Outrider System, which automates distribution yards for large, logistics-dependent enterprises. [Read more…] about Outrider releases ‘fully autonomous’ truck parking system

Outrider opens ‘industry’s first’ test site dedicated to distribution yard automation

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Outrider, the startup company pioneering autonomous yard operations for logistics hubs, has opened the Outrider Advanced Testing Facility, which it says is “the first-ever test site dedicated to distribution yard automation technologies”.

Located in Brighton, Colorado, this 200,000-square-foot distribution yard with 49 dock doors operates 16 hours per day, five days per week and will expand to 24-hour operation in 2022.

This test facility is being used to validate Outrider’s autonomous capabilities, supporting the scaling of deployments at customer sites. [Read more…] about Outrider opens ‘industry’s first’ test site dedicated to distribution yard automation

Outrider raises $65 million in Series B financing round

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Outrider, a provider of autonomous yard operations systems for logistics hubs, has closed $65 million in Series B funding, led by Koch Disruptive Technologies. Other existing investors increased their investments, including NEA, 8VC, and Prologis Ventures.

New investors included Evolv Ventures, the investment arm of Kraft Heinz, and Henry Crown and Company. With $118 million raised to date, Outrider is positioned to scale and support the rapid automation of distribution yards.

In supply-chain-intensive industries, distribution yard operations are necessary for transitioning goods between the road and the warehouse. [Read more…] about Outrider raises $65 million in Series B financing round

Outrider launches with $53 million in funding to automate distribution yards

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Emerging from two years of stealth-mode operation, Outrider has announced it has raised $53 million in funding and deployed initial pilots of its Outrider System, the first-to-market solution focused on autonomous yard operations for logistics hubs.

The seed and series A funding rounds were led by NEA and 8VC, respectively.

The goal of distribution yards is to keep semi-trailers full of freight moving quickly in the space between the warehouse doors and public roads. [Read more…] about Outrider launches with $53 million in funding to automate distribution yards