Expanding Autonomous Middle mile Logistics with Pitney Bowes
MOUNTAIN VIEW, Calif. & STAMFORD, Conn. – August 31, 2022 – Gatik, the market leader in autonomous middle mile logistics, today announced a multi-year commercial agreement with Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Under the agreement, Gatik will integrate its class 6 autonomous box trucks into the Pitney Bowes ecommerce logistics network in the Dallas, Texas market. This integration will begin in Q1, 2023.
Gatik’s autonomous fleet is purpose built for the middle mile. It will establish a continuous operational loop across the Pitney Bowes ecommerce logistics network in Dallas. The fleet will make multiple deliveries per day with speed and efficiency.
Scaling Autonomous Middle Mile Logistics in Urban Markets
“Our partnership with Pitney Bowes reinforces the intense demand we are seeing. This demand is for autonomous trucks that can operate within urban and semi-urban environments” said Gautam Narang, CEO and co-founder, Gatik. “We’re excited to help Pitney Bowes accelerate the transformation of their supply chain. We will establish a safe, secure, and hyper-responsive autonomous delivery service in the greater-Dallas area.”
“Our partnership with Gatik promotes growth. It accelerates the modernization and expansion of our network with technology solutions that are redefining ecommerce logistics,” said Stephanie Cannon, SVP, Head of Global Platform and Network, Pitney Bowes. “Gatik’s flexible and responsive logistics network enables us to tailor our Designed Delivery services. It allows us to provide shippers with unmatched solutions. Pitney Bowes and Gatik’s innovative strategies align. They remove cost and complexity from ecommerce logistics. This helps us better serve our clients.”
he deployment aims to establish a more responsive and flexible logistics network for Pitney Bowes. It will deliver excellent service levels and reliability. Moreover, it will improve the speed of deliveries. It will provide end-to-end visibility while lowering transportation costs.
Safe Deployment of Autonomous Middle Mile Logistics Technology
During the initial phase, a safety operator will occupy the autonomous vehicles to monitor performance.Data collected from each delivery will be used to improve network design. It will identify additional opportunities for cost savings and service improvements. Pitney Bowes looks to integrate autonomous vehicles across its national ecommerce logistics network.
The unique advantages of deploying Gatik’s autonomous middle mile solution will help to
future-proof logistics operations, increase asset utilization, and support a shift to a more direct, high-frequency transportation network. The result is a more efficient network. It also delivers faster, more reliable service for Pitney Bowes clients.
About Gatik
Gatik is in the business of autonomous freight. The company operates driverless trucks daily for Fortune 50 retailers, grocers and CPG companies, moving freight between distribution centers and stores across Texas, Arizona, Arkansas, and Canada. Gatik has a strong safety record across its operations and is powered by the Gatik Driver™, a scalable, interpretable AI system purpose-built to enable safe, consistent, and high-frequency freight movement. For more information, visit gatik.ai.
Forward-Looking Statements
This news release contains “forward-looking statements” that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Gatik’s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, revenue targets and trends we expect to affect our business. These statements often include words such as “contracted,” “anticipate,” “believe,” “may,” “can,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “target”, “will,” “estimate,” “predict,” “potential,” “continue,” “scheduled”. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this news release.
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Media Contact:
Aarthi Sivaraman
aarthi.sivaraman@gatik.ai
