Manhattan Associates Transforms Retail Returns

Manhattan Associates Inc. (NASDAQ: MANH) has announced enhanced Returns Management capabilities to streamline and optimise the returns process, and deliver a frictionless experience for both consumers and retailers. The new returns features strengthen customer loyalty by creating a frictionless experience, promoting an increase in store traffic and cross-selling opportunities.

Manhattan’s 2023 Unified Commerce Benchmark revealed that 41% of shoppers find the returns process very time-consuming, and 96% would buy again from retailers that offer a smooth experience. With Manhattan’s new capabilities, consumers can choose their most convenient way to return – whether, in-store or online, which also includes printer-less options. Refunds or exchanges will be processed as soon as carriers scan the package ¬¬– 3-5 days faster than most retailers.

“For shoppers today, experience beats products. Returns are an inconvenience to consumers and a big cost for retailers, and our enhanced Returns Management capabilities help retailers provide a world-class experience to their customers even after the sale, strengthening loyalty and, in turn, profitability,” said Ellie Crawford, director of Product Management for Manhattan. “At Manhattan, we are committed to solving business challenges in the simplest and most efficient way possible.”

These new capabilities reduce shipping costs and improve the sustainability of a return by optimising a product’s return path and inventory placement based on assortment and current stock levels.

The additions improve returns processes across the Manhattan Active® Omni solution suite, extending from the contact centre all the way to the store applications. They are automatically available to all subscribers of Manhattan Active Omni as part of the quarterly upgrade cycle.

Manhattan Associates is a technology leader in supply chain and omnichannel commerce. It unites information across the enterprise, converging front-end sales with back-end supply chain execution. Software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for customers. The company designs, builds and delivers leading-edge cloud and on-premises solutions so that across the store, through a network or from a fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace.

Manhattan Associates Transforms Retail Returns

Manhattan Associates Inc. (NASDAQ: MANH) has announced enhanced Returns Management capabilities to streamline and optimise the returns process, and deliver a frictionless experience for both consumers and retailers. The new returns features strengthen customer loyalty by creating a frictionless experience, promoting an increase in store traffic and cross-selling opportunities.

Manhattan’s 2023 Unified Commerce Benchmark revealed that 41% of shoppers find the returns process very time-consuming, and 96% would buy again from retailers that offer a smooth experience. With Manhattan’s new capabilities, consumers can choose their most convenient way to return – whether, in-store or online, which also includes printer-less options. Refunds or exchanges will be processed as soon as carriers scan the package ¬¬– 3-5 days faster than most retailers.

“For shoppers today, experience beats products. Returns are an inconvenience to consumers and a big cost for retailers, and our enhanced Returns Management capabilities help retailers provide a world-class experience to their customers even after the sale, strengthening loyalty and, in turn, profitability,” said Ellie Crawford, director of Product Management for Manhattan. “At Manhattan, we are committed to solving business challenges in the simplest and most efficient way possible.”

These new capabilities reduce shipping costs and improve the sustainability of a return by optimising a product’s return path and inventory placement based on assortment and current stock levels.

The additions improve returns processes across the Manhattan Active® Omni solution suite, extending from the contact centre all the way to the store applications. They are automatically available to all subscribers of Manhattan Active Omni as part of the quarterly upgrade cycle.

Manhattan Associates is a technology leader in supply chain and omnichannel commerce. It unites information across the enterprise, converging front-end sales with back-end supply chain execution. Software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for customers. The company designs, builds and delivers leading-edge cloud and on-premises solutions so that across the store, through a network or from a fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace.

OOCL Logistics Partners for Trade Finance Services

Stenn Technologies, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, has partnered with OOCL Logistics, the world-class logistics and supply chain services provider, to power the ‘OOCL Logistics Trade Finance’ program on a fully integrated basis. The innovative logistics and supply chain solutions company is exceptionally well-positioned to serve global markets with an extensive, growing network of more than 150 offices in over 50 countries/regions.

Utilizing Stenn’s award-winning risk assessment and financing technology, OOCL Logistics will offer buyers and suppliers access to highly scalable invoice-backed capital and payment services, conveniently accessible through its PODIUM® platform.

For suppliers, the partnership offers myriad benefits including allowing them to have invoices paid sooner on a non-recourse basis. Due to Stenn’s unique embedded technology providing direct access to finance, they can get funding within 72 hours of shipment. Meanwhile, buyers are able to access better payment terms from their suppliers, whilst simultaneously helping them to preserve much needed capital, or even add new suppliers.

This latest partnership for Stenn is another crucial step in fulfilling the company’s mission to bridge financial gaps by providing funding accessibility across complex global supply chains.

Commenting on the partnership, Peter De Souza (pictured), VP of Partnerships at Stenn, said:

“Today’s partnership announcement with industry leader, OOCL Logistics, comes as a much-needed solution to the most critical issue facing 65 million underserved SMEs globally, their lack of access to affordable working capital. The integration of Stenn’s risk assessment and financing technology into the PODIUM® platform, means together with OOCL Logistics we are bringing virtually seamless access to affordable finance so suppliers and buyers may realize their international trade ambitions and supercharge their growth. Stenn is proud to play its part in closing the US$5 trillion trade finance gap with OOCL Logistics.”

Commenting on the partnership, Ken So, Assistant General Manager, Commercial & Business Development at OOCL Logistics, Project Leader of the Trade Finance program said:

“Having thoroughly searched the market, we are pleased to be teaming up with Stenn Technologies as our exclusive partner for trade finance. From their leading technology platform to pain-free solution implementation and high-quality training and support, Stenn truly stood out from other eFaaS providers. We look forward to helping our clients improve the resilience of their global supply chains through our OOCL Logistics Trade Finance program, and our innovative partnership with Stenn.”

OOCL Logistics Partners for Trade Finance Services

Stenn Technologies, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, has partnered with OOCL Logistics, the world-class logistics and supply chain services provider, to power the ‘OOCL Logistics Trade Finance’ program on a fully integrated basis. The innovative logistics and supply chain solutions company is exceptionally well-positioned to serve global markets with an extensive, growing network of more than 150 offices in over 50 countries/regions.

Utilizing Stenn’s award-winning risk assessment and financing technology, OOCL Logistics will offer buyers and suppliers access to highly scalable invoice-backed capital and payment services, conveniently accessible through its PODIUM® platform.

For suppliers, the partnership offers myriad benefits including allowing them to have invoices paid sooner on a non-recourse basis. Due to Stenn’s unique embedded technology providing direct access to finance, they can get funding within 72 hours of shipment. Meanwhile, buyers are able to access better payment terms from their suppliers, whilst simultaneously helping them to preserve much needed capital, or even add new suppliers.

This latest partnership for Stenn is another crucial step in fulfilling the company’s mission to bridge financial gaps by providing funding accessibility across complex global supply chains.

Commenting on the partnership, Peter De Souza (pictured), VP of Partnerships at Stenn, said:

“Today’s partnership announcement with industry leader, OOCL Logistics, comes as a much-needed solution to the most critical issue facing 65 million underserved SMEs globally, their lack of access to affordable working capital. The integration of Stenn’s risk assessment and financing technology into the PODIUM® platform, means together with OOCL Logistics we are bringing virtually seamless access to affordable finance so suppliers and buyers may realize their international trade ambitions and supercharge their growth. Stenn is proud to play its part in closing the US$5 trillion trade finance gap with OOCL Logistics.”

Commenting on the partnership, Ken So, Assistant General Manager, Commercial & Business Development at OOCL Logistics, Project Leader of the Trade Finance program said:

“Having thoroughly searched the market, we are pleased to be teaming up with Stenn Technologies as our exclusive partner for trade finance. From their leading technology platform to pain-free solution implementation and high-quality training and support, Stenn truly stood out from other eFaaS providers. We look forward to helping our clients improve the resilience of their global supply chains through our OOCL Logistics Trade Finance program, and our innovative partnership with Stenn.”

Last Mile Solution Centre

Fortna, a leading automation and software company for the full logistics value chain, has announced the development of the FORTNA Last Mile Solution Center. By leveraging a team of industry experts, the Last Mile Solution Center will support parcel and distribution businesses in automating last mile operations to improve processes, increase productivity and reduce costs.

Backed by over 15 years of experience in last mile automation and an installed base of more than 450 automated systems, the FORTNA Last Mile Solution Center is committed to maximizing last mile networks and operations with proven modular and bi-directional conveyors and sorters. The FORTNA Last Mile Solution Center introduces modularity and standardization of last mile automation to help organizations meet an operation’s needs for scalability, flexibility and simplified maintenance.

Additional benefits include a portfolio of solutions designed to fit any site-specific requirements in the network, future-proof operations and provide built-in ability to keep pace with business growth.
Downstream optimization is crucial to increasing throughput and driving cost reduction in a system. A recent statistic from the United Nations estimates that by 2030, the population living in big cities will increase by 55%, making last mile delivery critical for logistic companies. Last mile logistics centres are becoming even more crucial to the effectiveness of the entire distribution network. By optimizing downstream capabilities, companies can improve overall efficiency by reducing cycle times, optimizing delivery processes and tracking and visibility of parcels by using intelligent parcel data. This ensures a fast and reliable delivery experience for end consumers.

“FORTNA is an experienced partner to our customers with a comprehensive solution portfolio and deep knowledge and understanding of their needs,” says Antonio Amadasi, FORTNA Vice President, Last Mile Solution Center. The Last Mile Solution Center brings additional value to our mission and further helps to optimize downstream operations and reach positive business outcomes. The team will also address any further and dedicated product improvement in order to perfectly fulfil our customers’ needs”.

The FORTNA Last Mile Solution Center will partner with parcel and distribution companies globally by offering complete network solutions, including operational design and implementation, material handling automated equipment, robotics and a comprehensive suite of lifecycle services.

FORTNA partners with the world’s leading brands to transform omnichannel and parcel distribution operations. Known world-wide for enabling companies to keep pace with digital disruption and growth objectives, we design and deliver solutions, powered by intelligent software, to optimize fast, accurate and cost-effective order fulfillment and last mile delivery. Our people, innovative approach and proprietary algorithms and tools ensure optimal operations design and material and information flow. We deliver exceptional value every day to our customers with comprehensive services and products including network strategy, distribution center operational design and implementation, material handling automated equipment, robotics and a comprehensive suite of lifecycle services.

Last Mile Solution Centre

Fortna, a leading automation and software company for the full logistics value chain, has announced the development of the FORTNA Last Mile Solution Center. By leveraging a team of industry experts, the Last Mile Solution Center will support parcel and distribution businesses in automating last mile operations to improve processes, increase productivity and reduce costs.

Backed by over 15 years of experience in last mile automation and an installed base of more than 450 automated systems, the FORTNA Last Mile Solution Center is committed to maximizing last mile networks and operations with proven modular and bi-directional conveyors and sorters. The FORTNA Last Mile Solution Center introduces modularity and standardization of last mile automation to help organizations meet an operation’s needs for scalability, flexibility and simplified maintenance.

Additional benefits include a portfolio of solutions designed to fit any site-specific requirements in the network, future-proof operations and provide built-in ability to keep pace with business growth.
Downstream optimization is crucial to increasing throughput and driving cost reduction in a system. A recent statistic from the United Nations estimates that by 2030, the population living in big cities will increase by 55%, making last mile delivery critical for logistic companies. Last mile logistics centres are becoming even more crucial to the effectiveness of the entire distribution network. By optimizing downstream capabilities, companies can improve overall efficiency by reducing cycle times, optimizing delivery processes and tracking and visibility of parcels by using intelligent parcel data. This ensures a fast and reliable delivery experience for end consumers.

“FORTNA is an experienced partner to our customers with a comprehensive solution portfolio and deep knowledge and understanding of their needs,” says Antonio Amadasi, FORTNA Vice President, Last Mile Solution Center. The Last Mile Solution Center brings additional value to our mission and further helps to optimize downstream operations and reach positive business outcomes. The team will also address any further and dedicated product improvement in order to perfectly fulfil our customers’ needs”.

The FORTNA Last Mile Solution Center will partner with parcel and distribution companies globally by offering complete network solutions, including operational design and implementation, material handling automated equipment, robotics and a comprehensive suite of lifecycle services.

FORTNA partners with the world’s leading brands to transform omnichannel and parcel distribution operations. Known world-wide for enabling companies to keep pace with digital disruption and growth objectives, we design and deliver solutions, powered by intelligent software, to optimize fast, accurate and cost-effective order fulfillment and last mile delivery. Our people, innovative approach and proprietary algorithms and tools ensure optimal operations design and material and information flow. We deliver exceptional value every day to our customers with comprehensive services and products including network strategy, distribution center operational design and implementation, material handling automated equipment, robotics and a comprehensive suite of lifecycle services.

Körber to Unveil Solutions at Elevate EMEA

Körber is set to welcome customers, prospects and partners at Körber Elevate EMEA on 26-27 September in Prague, Czech Republic. Attendees will explore cutting-edge technologies, gain insights from industry visionaries and participate in dynamic discussions. This forum will focus on the most pressing challenges in the supply chain industry.

“There is no better time to talk about the state of the industry and the challenges we need to address heads-on,” said Michael Brandl, EVP Operations Software EMEA at Körber Business Area Supply Chain. “According to the Körber 2023 State of Complexity Survey, 71 percent of supply chain professionals say that supply chain operations have become more complex in 2022, with only one in five able to stay ahead of their most pressing challenges. Labor challenges, integration issues and rising consumer expectations in terms of speed, cost or adaptability are proof that supply chain complexity is here to stay.”

More than 250 global supply chain experts are expected to attend Körber Elevate EMEA 2023. As part of the global Elevate thought leadership event series, the EMEA event will feature keynote speeches, break-out sessions, Ask the Expert areas and product demonstrations. Embedded into its technology vision, Körber – a leader in the Gartner Magic Quadrant for Warehouse Management Systems – will showcase how its integrated platform enables organisations to do more with their data and simplify architectures to holistically optimise their operations. Attendees will learn about new advances in the rapidly evolving areas of technology integration, workforce engagement and gamification. Product updates are supported by customer stories covering the full range of Körber’s supply chain solutions – including warehouse management, warehouse control, transportation management, robotics, voice and simulation – with new solutions being introduced to the European market during the event.

“Körber Elevate EMEA is the supply chain event of the year, and we have a unique opportunity to unite the entire digital supply chain and empower our customers and partners to collaborate and transform their businesses with Körber,” said Sean Elliott, CTO Software at Körber Business Area Supply Chain. “This year, we’re unveiling a new era of product innovations that drive technology integration and supply chain collaboration.”

More than 4,500 customer sites worldwide are transforming their supply chains with Kӧrber. Key successes in Europe showcased at the event include:

Sainsbury’s collaboration with Körber and iWMS to leverage Körber’s warehouse management and voice solution to positively impact their customers and employees
• Tchibo, one of Germany’s largest retailers, demonstrating how they are managing end-to-end omnichannel logistics with Körber’s WMS, WCS, TMS and DOM
• Sonepar dives deep into the benefits of a unified software landscape for holistic supply chain optimisation, maximum visibility and improved last-mile operations (WMS, TMS, POD)

Registration is open throughout September. Logistics Business will be attending.

Körber to Unveil Solutions at Elevate EMEA

Körber is set to welcome customers, prospects and partners at Körber Elevate EMEA on 26-27 September in Prague, Czech Republic. Attendees will explore cutting-edge technologies, gain insights from industry visionaries and participate in dynamic discussions. This forum will focus on the most pressing challenges in the supply chain industry.

“There is no better time to talk about the state of the industry and the challenges we need to address heads-on,” said Michael Brandl, EVP Operations Software EMEA at Körber Business Area Supply Chain. “According to the Körber 2023 State of Complexity Survey, 71 percent of supply chain professionals say that supply chain operations have become more complex in 2022, with only one in five able to stay ahead of their most pressing challenges. Labor challenges, integration issues and rising consumer expectations in terms of speed, cost or adaptability are proof that supply chain complexity is here to stay.”

More than 250 global supply chain experts are expected to attend Körber Elevate EMEA 2023. As part of the global Elevate thought leadership event series, the EMEA event will feature keynote speeches, break-out sessions, Ask the Expert areas and product demonstrations. Embedded into its technology vision, Körber – a leader in the Gartner Magic Quadrant for Warehouse Management Systems – will showcase how its integrated platform enables organisations to do more with their data and simplify architectures to holistically optimise their operations. Attendees will learn about new advances in the rapidly evolving areas of technology integration, workforce engagement and gamification. Product updates are supported by customer stories covering the full range of Körber’s supply chain solutions – including warehouse management, warehouse control, transportation management, robotics, voice and simulation – with new solutions being introduced to the European market during the event.

“Körber Elevate EMEA is the supply chain event of the year, and we have a unique opportunity to unite the entire digital supply chain and empower our customers and partners to collaborate and transform their businesses with Körber,” said Sean Elliott, CTO Software at Körber Business Area Supply Chain. “This year, we’re unveiling a new era of product innovations that drive technology integration and supply chain collaboration.”

More than 4,500 customer sites worldwide are transforming their supply chains with Kӧrber. Key successes in Europe showcased at the event include:

Sainsbury’s collaboration with Körber and iWMS to leverage Körber’s warehouse management and voice solution to positively impact their customers and employees
• Tchibo, one of Germany’s largest retailers, demonstrating how they are managing end-to-end omnichannel logistics with Körber’s WMS, WCS, TMS and DOM
• Sonepar dives deep into the benefits of a unified software landscape for holistic supply chain optimisation, maximum visibility and improved last-mile operations (WMS, TMS, POD)

Registration is open throughout September. Logistics Business will be attending.

Heavy-duty Autonomous Trucks with Autopilot

Inceptio Technology, one of China’s leading developer of autonomous driving technologies for heavy-duty trucks, today announced new agreements with major logistics and insurance partners, shared key data points from over 50 million kms of accident-free autonomous driving, and showcased the core technologies that power the Inceptio Autonomous Driving System’s Truck Navigate-on-Autopilot (T-NOA) capability.

At the Company’s second annual Tech Day in Shanghai, Inceptio announced new procurement and strategic collaboration agreements with major logistics companies STO Express (SZSE:2468), ZTO Freight and Deppon Express. As part of these deals, STO Express has ordered 500 Inceptio autonomous trucks jointly developed with Dongfeng Commercial Vehicle (DFCV) and ZTO Freight has ordered 200 Inceptio autonomous trucks jointly developed with Sinotruk. Inceptio also announced a cooperation agreement with China Pacific Insurance Co., Ltd. (CPIC) that aims to develop innovative new insurance products tailored to autonomous heavy-duty trucks.

During the event, Inceptio presented the results of two new joint studies confirming the significant safety and driver experience benefits enjoyed by operators of autonomous trucks:

• Inceptio and CPIC jointly released the industry’s first annual insurance data safety report, which found that Inceptio’s trucks perform 75-99% better than human-operated trucks across a range of safety indicators. In particular, Inceptio trucks registered just 0.1 collision warnings per 100 kilometers, which is 98% fewer than human-operated trucks.

• Inceptio and a team of academics published a pioneering report monitoring truck driver fatigue levels on 134 trips covering nearly 120,000 kilometers of commercial operations. The study found that Inceptio’s human safety operators experienced 35% less physiological fatigue and 11% less psychological fatigue than conventional truck drivers.

These study results demonstrate that Inceptio autonomous trucks are delivering on the four key value propositions they offer heavy-truck operators: superior safety, reduced labour costs, improved driver experiences, and better fuel efficiency. From 50 million kms of commercial operations, Inceptio’s partners have realized labour cost savings of 20-50% and fuel savings of 2-10%. Inceptio autonomous trucks come equipped with the T-NOA feature, and receive regular over-the-air (OTA) updates as the Inceptio Autonomous Driving System improves itself. Inceptio’s T-NOA feature offers 100% coverage of China’s line haul network and Inceptio already has commercial business covering 70% of that network. Three core elements enable this technology:

• End-to-end network with safety guardrails: the traditional autonomous driving software stack with discrete perception, prediction, planning, and control modules is being replaced by an end-to-end network that is both smart and reliable. Keys to this novel network are 1) guardrails to ensure the reliability and safety of network output; and 2) an efficient occupancy grid map-based representation with significantly reduced computing power and memory consumption.

• Inceptio Super Driver: a vast trove of real-world driving data has been used to train a customized large-language model dubbed TruckGPT, allowing Inceptio’s virtual intelligent driver to surpass human drivers’ decision-making ability in a wide range of scenarios.

Inceptio Autonomous Truck Platform: includes a next-gen autonomous driving control unit (ADCU) designed for heavy-duty trucks and suitable for long-distance use in harsh conditions with weak wireless signals; software with unique features that significantly enhance development efficiency and can be adapted to new vehicle models in just 9-12 months; and truck electrical and electronic architecture (EEA) with new features including full modularity with decoupling of software and hardware, facilitating efficient upgrades.

Inceptio founder and CEO Julian Ma (pictured) said: “After another year of hard work and momentous achievements, we couldn’t be more excited to share Inceptio’s progress with the world. We are truly proud of the great strides we have made to commercialize our technology, making nearly 50,000 trips on 340 routes for more than 100 freight and logistics customers.

The new orders we announced today represent a huge vote of confidence from our valued partners STO Express, ZTO Freight, and Deppon Express, which have all experienced the benefits of our technology first-hand. And through our new alliance with CPIC, we are developing insurance solutions that will help accelerate the mass adoption of autonomous trucks even further. We look forward to delivering more mass-produced L3 autonomous trucks to our partners in the near future as we continue striving to make freight transport greener, safer, and more reliable.”

Heavy-duty Autonomous Trucks with Autopilot

Inceptio Technology, one of China’s leading developer of autonomous driving technologies for heavy-duty trucks, today announced new agreements with major logistics and insurance partners, shared key data points from over 50 million kms of accident-free autonomous driving, and showcased the core technologies that power the Inceptio Autonomous Driving System’s Truck Navigate-on-Autopilot (T-NOA) capability.

At the Company’s second annual Tech Day in Shanghai, Inceptio announced new procurement and strategic collaboration agreements with major logistics companies STO Express (SZSE:2468), ZTO Freight and Deppon Express. As part of these deals, STO Express has ordered 500 Inceptio autonomous trucks jointly developed with Dongfeng Commercial Vehicle (DFCV) and ZTO Freight has ordered 200 Inceptio autonomous trucks jointly developed with Sinotruk. Inceptio also announced a cooperation agreement with China Pacific Insurance Co., Ltd. (CPIC) that aims to develop innovative new insurance products tailored to autonomous heavy-duty trucks.

During the event, Inceptio presented the results of two new joint studies confirming the significant safety and driver experience benefits enjoyed by operators of autonomous trucks:

• Inceptio and CPIC jointly released the industry’s first annual insurance data safety report, which found that Inceptio’s trucks perform 75-99% better than human-operated trucks across a range of safety indicators. In particular, Inceptio trucks registered just 0.1 collision warnings per 100 kilometers, which is 98% fewer than human-operated trucks.

• Inceptio and a team of academics published a pioneering report monitoring truck driver fatigue levels on 134 trips covering nearly 120,000 kilometers of commercial operations. The study found that Inceptio’s human safety operators experienced 35% less physiological fatigue and 11% less psychological fatigue than conventional truck drivers.

These study results demonstrate that Inceptio autonomous trucks are delivering on the four key value propositions they offer heavy-truck operators: superior safety, reduced labour costs, improved driver experiences, and better fuel efficiency. From 50 million kms of commercial operations, Inceptio’s partners have realized labour cost savings of 20-50% and fuel savings of 2-10%. Inceptio autonomous trucks come equipped with the T-NOA feature, and receive regular over-the-air (OTA) updates as the Inceptio Autonomous Driving System improves itself. Inceptio’s T-NOA feature offers 100% coverage of China’s line haul network and Inceptio already has commercial business covering 70% of that network. Three core elements enable this technology:

• End-to-end network with safety guardrails: the traditional autonomous driving software stack with discrete perception, prediction, planning, and control modules is being replaced by an end-to-end network that is both smart and reliable. Keys to this novel network are 1) guardrails to ensure the reliability and safety of network output; and 2) an efficient occupancy grid map-based representation with significantly reduced computing power and memory consumption.

• Inceptio Super Driver: a vast trove of real-world driving data has been used to train a customized large-language model dubbed TruckGPT, allowing Inceptio’s virtual intelligent driver to surpass human drivers’ decision-making ability in a wide range of scenarios.

Inceptio Autonomous Truck Platform: includes a next-gen autonomous driving control unit (ADCU) designed for heavy-duty trucks and suitable for long-distance use in harsh conditions with weak wireless signals; software with unique features that significantly enhance development efficiency and can be adapted to new vehicle models in just 9-12 months; and truck electrical and electronic architecture (EEA) with new features including full modularity with decoupling of software and hardware, facilitating efficient upgrades.

Inceptio founder and CEO Julian Ma (pictured) said: “After another year of hard work and momentous achievements, we couldn’t be more excited to share Inceptio’s progress with the world. We are truly proud of the great strides we have made to commercialize our technology, making nearly 50,000 trips on 340 routes for more than 100 freight and logistics customers.

The new orders we announced today represent a huge vote of confidence from our valued partners STO Express, ZTO Freight, and Deppon Express, which have all experienced the benefits of our technology first-hand. And through our new alliance with CPIC, we are developing insurance solutions that will help accelerate the mass adoption of autonomous trucks even further. We look forward to delivering more mass-produced L3 autonomous trucks to our partners in the near future as we continue striving to make freight transport greener, safer, and more reliable.”

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