Kodiak lands first commercial deal to supply driverless trucks for public highways

Kodiak AI has secured its first commercial deal to supply 75 self-driving trucks to DTL Transport, a California-based freight company. The trucks will run on public highways, starting on multiple routes including Dallas to El Paso, Texas, and Interstate 20 between Dallas and Atlanta. This deal marks a significant milestone for Kodiak, which plans to launch a driverless highway service in December and is aiming to become an asset-light tech supplier. The company has already conducted testing and operations on the two routes and has a number of customers under a Trucking-as-a-Service (TaaS) model, including Walmart and IKEA. Kodiak's shares have fallen 87% from their opening-day price, and this contract should give the company a revenue boost and a positive benchmark.