STOCK TITAN

Kodiak Selects Wabash’s Trailers as a Service to Optimize Its Autonomous Fleet

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Wabash (NYSE: WNC) has announced a partnership with Kodiak Robotics, an autonomous trucking company, to provide its Trailers as a Service (TaaS) offering. This collaboration aims to support Kodiak's autonomous fleet with flexible access to safe, reliable trailers nationwide. Wabash's TaaS offers a comprehensive solution covering trailer acquisition, maintenance, and uptime management.

The partnership allows Kodiak to focus on developing its autonomous technology while Wabash ensures optimal trailer performance and safety. Wabash will utilize its nationwide dealer network to provide critical managed care, leveraging self-diagnosing trailers for proactive monitoring and maintenance. This collaboration is expected to enhance operational reliability and road safety through well-maintained trailers.

Wabash (NYSE: WNC) ha annunciato una partnership con Kodiak Robotics, un'azienda di trasporti autonomi, per fornire la sua offerta di Trailers as a Service (TaaS). Questa collaborazione mira a supportare la flotta autonoma di Kodiak con accesso flessibile a rimorchi sicuri e affidabili a livello nazionale. Il TaaS di Wabash offre una soluzione completa che copre l'acquisizione dei rimorchi, la manutenzione e la gestione del tempo di operatività.

La partnership consente a Kodiak di concentrarsi sullo sviluppo della propria tecnologia autonoma, mentre Wabash garantisce prestazioni ottimali e sicurezza dei rimorchi. Wabash utilizzerà la sua rete di concessionari a livello nazionale per fornire assistenza gestionale critica, sfruttando rimorchi con auto-diagnosi per un monitoraggio e una manutenzione proattivi. Si prevede che questa collaborazione migliori l'affidabilità operativa e la sicurezza stradale grazie a rimorchi ben mantenuti.

Wabash (NYSE: WNC) ha anunciado una asociación con Kodiak Robotics, una empresa de camiones autónomos, para ofrecer su servicio de Trailers as a Service (TaaS). Esta colaboración tiene como objetivo apoyar la flota autónoma de Kodiak con acceso flexible a remolques seguros y confiables a nivel nacional. El TaaS de Wabash ofrece una solución integral que abarca la adquisición de remolques, el mantenimiento y la gestión del tiempo de actividad.

La asociación permite a Kodiak centrarse en el desarrollo de su tecnología autónoma, mientras que Wabash asegura un rendimiento y seguridad óptimos de los remolques. Wabash utilizará su red de concesionarios a nivel nacional para proporcionar atención gestionada crítica, aprovechando remolques autodidácticos para un monitoreo y mantenimiento proactivos. Se espera que esta colaboración mejore la confiabilidad operativa y la seguridad vial a través de remolques bien mantenidos.

Wabash (NYSE: WNC)는 자율주행 트럭 회사인 Kodiak Robotics와 파트너십을 체결하고 Trailers as a Service (TaaS) 서비스를 제공한다고 발표했습니다. 이 협력은 Kodiak의 자율주행 차량에 안전하고 신뢰할 수 있는 트레일러에 유연하게 접근할 수 있도록 지원하는 것을 목표로 하고 있습니다. Wabash의 TaaS는 트레일러 확보, 유지보수 및 가동 시간 관리 등을 포괄하는 종합 솔루션을 제공합니다.

파트너십을 통해 Kodiak은 자율주행 기술 개발에 집중할 수 있으며, Wabash는 최적의 트레일러 성능과 안전성을 보장합니다. Wabash는 자사의 전국 대리점 네트워크를 활용하여 중요한 관리 서비스를 제공하고, 자가 진단이 가능한 트레일러를 활용하여 능동적인 모니터링 및 유지보수를 진행할 것입니다. 이 협력이 잘 관리된 트레일러를 통해 운영 신뢰성과 도로 안전성을 향상시킬 것으로 기대됩니다.

Wabash (NYSE: WNC) a annoncé un partenariat avec Kodiak Robotics, une entreprise de camions autonomes, pour offrir son service Trailers as a Service (TaaS). Cette collaboration vise à soutenir la flotte autonome de Kodiak avec un accès flexible à des remorques sûres et fiables à l'échelle nationale. Le TaaS de Wabash propose une solution complète couvrant l'acquisition de remorques, l'entretien et la gestion du temps de disponibilité.

Le partenariat permet à Kodiak de se concentrer sur le développement de sa technologie autonome, tandis que Wabash garantit une performance et une sécurité optimales des remorques. Wabash utilisera son réseau de concessionnaires national pour fournir des soins gérés critiques, en tirant parti de remorques auto-diagnostiques pour une surveillance et un entretien proactifs. Cette collaboration devrait améliorer la fiabilité opérationnelle et la sécurité routière grâce à des remorques bien entretenues.

Wabash (NYSE: WNC) hat eine Partnerschaft mit Kodiak Robotics, einem Unternehmen für autonome Lkw, angekündigt, um sein Angebot von Trailers as a Service (TaaS) bereitzustellen. Diese Zusammenarbeit zielt darauf ab, die autonome Flotte von Kodiak mit flexiblem Zugang zu sicheren und zuverlässigen Anhängern landesweit zu unterstützen. Das TaaS von Wabash bietet eine umfassende Lösung, die den Erwerb, die Wartung und das Management der Betriebszeit von Anhängern umfasst.

Die Partnerschaft ermöglicht es Kodiak, sich auf die Entwicklung seiner autonomen Technologie zu konzentrieren, während Wabash für optimale Leistung und Sicherheit der Anhänger sorgt. Wabash wird sein landesweites Händlernetz nutzen, um kritische verwaltete Betreuung anzubieten und selbstdiagnosefähige Anhänger für proaktive Überwachung und Wartung einzusetzen. Diese Zusammenarbeit wird voraussichtlich die betriebliche Zuverlässigkeit und die Verkehrssicherheit durch gut gewartete Anhänger verbessern.

Positive
  • Partnership with Kodiak Robotics, a leader in autonomous trucking
  • Expansion of Wabash's Trailers as a Service (TaaS) offering
  • Potential for increased revenue through subscription-based service
  • Opportunity to develop trailer solutions for autonomous long-haul trucks
  • Showcasing TaaS trailer at Wabash's Ignite ecosystem event
Negative
  • None.

Companies collaborating to learn how trailers of the future can best support autonomous trucking

LAFAYETTE, Ind., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, is pleased to announce that Kodiak Robotics, Inc., a leading autonomous trucking company, has entered into a partnership with Wabash to utilize Wabash’s Trailers as a Service (TaaS)℠ offering. Wabash’s TaaS will provide Kodiak a flexible solution with access to a growing fleet of safe, reliable trailers nationwide.

Wabash’s TaaS offering provides Kodiak with a holistic solution that supports the full life cycle of the trailer, from acquisition to maintenance and uptime management. Unlike traditional leasing, TaaS delivers fully maintained capacity with new or certified trailers, ensuring minimal downtime through Wabash’s managed care services. With a subscription that includes maintenance, repair and managed care support, Kodiak can focus on developing the Kodiak Driver, the company’s industry-leading autonomous technology. Wabash’s hyperfocus on offering the best-maintained trailers aligns with Kodiak’s high maintenance standards, ensuring optimal performance and safety.

“We are thrilled to partner with Kodiak, a leader in autonomous trucking, as they integrate Wabash’s Trailers as a Service into their operations,” said Mike Pettit, Wabash’s chief growth officer. “Our TaaS offering provides the flexibility and comprehensive support that aligns perfectly with Kodiak’s goals, ensuring they can focus on innovation and efficiency. We’re excited to collaborate with Kodiak and co-learn as we develop trailer solutions that support autonomous long-haul trucks and pave the way for a safer, more efficient future.”

Utilizing Wabash’s nationwide dealer network, Wabash will provide the critical managed care needed to ensure continuous trailer uptime. Wabash’s managed care team, leveraging the company’s self-diagnosing trailers, will proactively monitor and maintain the fleet, guaranteeing uptime and helping Kodiak provide its customers with excellent customer service. This partnership will not only improve operational reliability, but also promises to enhance road safety through highly-maintained trailers.

“We value our partnership with Wabash as we continue to expand our autonomous fleet,” said Michael Wiesinger, VP Commercialization & GM Transportation Sector, Kodiak. “Wabash’s TaaS solution offers us a reliable and flexible approach to trailer management, allowing us to focus on our core mission of advancing autonomous trucking while maintaining operational efficiency and safety.”

Wabash will be showcasing its TaaS trailer at its Ignite ecosystem event for customers, dealers, suppliers and technology partners taking place in Louisville, Ky., from September 30 to October 2. Customers interested in seeing how TaaS operates in the broader Wabash Marketplace to deliver an optimized shipping network and continuous uptime support are invited to attend. Register at wabashignite.com to attend or for more information on TaaS visit https://marketplace.onewabash.com/trailers-as-a-service.

Wabash: Changing How the World Reaches You®
Wabash (NYSE: WNC) is the visionary leader of connected solutions for the transportation, logistics and distribution industries that is Changing How the World Reaches You®. Headquartered in Lafayette, Indiana, the company enables customers to thrive by providing insight into tomorrow and delivering pragmatic solutions today to move everything from first to final mile. Wabash designs, manufactures, and services a diverse range of products, including: dry freight and refrigerated trailers, flatbed trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Learn more at onewabash.com.

About Kodiak Robotics, Inc.
Kodiak Robotics, Inc. was founded in 2018 to develop autonomous technology that carries freight forward — so people, partners, and the planet thrive. The company is developing an industry-leading technology stack purpose-built for long-haul trucks, making the freight industry safer and more efficient. Kodiak's unique modular hardware approach integrates sensors into a streamlined sensor-pod structure that optimizes for perception, scalability, and maintainability. The company delivers freight daily for its customers across the South, operating autonomously on the highway portions of the routes. Kodiak also leverages its commercial self-driving software to develop, test and deploy autonomous capabilities for the U.S. Department of Defense. Learn more about Kodiak on the web at kodiak.ai, and on LinkedIn and Twitter. You can find the company press kit HERE.

Media Contact:
Dana Stelsel
Director, Communications
(765) 771-5766
dana.stelsel@onewabash.com

Investor Relations:
Ryan Reed
Vice President, Corporate Development & Investor Relations
(765) 490-5664
ryan.reed@onewabash.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8758958b-ec97-4938-a548-5a7c4b3f072d


FAQ

What is Wabash's Trailers as a Service (TaaS) offering?

Wabash's Trailers as a Service (TaaS) is a flexible solution that provides access to a fleet of safe, reliable trailers nationwide. It includes trailer acquisition, maintenance, and uptime management through a subscription model, ensuring minimal downtime with new or certified trailers and managed care services.

How will the partnership between Wabash (WNC) and Kodiak Robotics benefit both companies?

The partnership allows Kodiak to focus on developing its autonomous technology while Wabash provides trailer management and maintenance. Wabash benefits from expanding its TaaS offering and gaining insights into autonomous trucking needs, potentially leading to new trailer solutions for the autonomous trucking industry.

What role does Wabash's dealer network play in the TaaS offering for Kodiak?

Wabash's nationwide dealer network provides critical managed care to ensure continuous trailer uptime. The managed care team leverages self-diagnosing trailers to proactively monitor and maintain the fleet, guaranteeing uptime and helping Kodiak provide excellent customer service.

When and where is Wabash (WNC) showcasing its TaaS trailer?

Wabash will be showcasing its TaaS trailer at its Ignite ecosystem event for customers, dealers, suppliers, and technology partners. The event takes place in Louisville, Kentucky, from September 30 to October 2, 2024.

Wabash National Corp.

NYSE:WNC

WNC Rankings

WNC Latest News

WNC Stock Data

845.94M
42.06M
2.95%
107.61%
11.38%
Farm & Heavy Construction Machinery
Truck Trailers
Link
United States of America
LAFAYETTE