Gatik’s industry-leading class 6 autonomous fleet will transport high-priority shipments to accelerate delivery frequency and reduce logistics costs for 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 beginning in Q1, 2023.
Gatik’s autonomous fleet, purpose built for the middle mile, will establish a continuous, operational loop across the Pitney Bowes ecommerce logistics network in Dallas, making multiple deliveries per day with speed and efficiency.
“Our partnership with Pitney Bowes reinforces the intense demand we are seeing 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 by establishing a safe, secure and hyper-responsive autonomous delivery service in the greater-Dallas area.”
“Our partnership with Gatik promotes growth and 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 to provide shippers with unmatched solutions. Pitney Bowes and Gatik’s innovative strategies align to remove cost and complexity from ecommerce logistics to better serve our clients.”
The deployment aims to establish a more responsive and flexible logistics network for Pitney Bowes by delivering excellent service levels and reliability, improving speed of deliveries, and providing end-to-end visibility while lowering transportation costs.
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 and identify additional opportunities for cost savings and service improvements as 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 and faster, more reliable service for Pitney Bowes clients.
About Gatik
Gatik, the leader in autonomous middle mile logistics, is revolutionizing B2B logistics with autonomous transportation-as-a-service (ATaaS) and prioritizing safe, consistent deliveries and streamlining freight movement by reducing congestion. The company focuses on short-haul, B2B logistics for Fortune 500 retailers and in 2021 launched the world’s first fully driverless commercial transportation service with Walmart. Gatik’s Class 3-7 autonomous box trucks are commercially deployed in multiple markets including Texas, Arkansas, and Ontario. Gatik is partnered with industry leaders including Ryder, Goodyear and Isuzu. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Dallas Fort Worth and Toronto.
Safe Harbor Statement
This article or press release contains forward-looking statements, including but not limited to, statements regarding future business strategies, plans, objectives, and anticipated performance. These forward-looking statements are based on the current expectations and beliefs of Gatik and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied in such statements.
Factors that could impact these forward-looking statements include, but are not limited to, changes in market conditions, economic factors, competitive dynamics, regulatory developments, and unforeseen operational challenges. Gatik undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release.
