Autonomous Trucking Group Gatik Secures Investment From NIPPON EXPRESS HOLDINGS

Gatik, a US autonomous middle-mile logistics company, has announced a strategic investment from Japan's NIPPON EXPRESS HOLDINGS, INC. (NX Group), a global logistics provider. This investment will help Gatik accelerate the deployment of its autonomous technology across North America.

Gatik uses autonomous vehicles (AVs) for middle-mile deliveries. 

Its autonomous transportation network is already operating in regions such as Texas and Arkansas in the US, and Ontario in Canada, 

It technology addressies trucking challenges like driver shortages and supply chain inefficiencies, resulting in faster deliveries and reduced costs.

The company has received recent investment from Isuzu Motors and ITOCHU.

Gautam Narang, CEO and co-founder of Gatik. ““Middle-mile autonomy is undoubtedly the first application in autonomous trucking to achieve scale in commercial applications. It’s also critical for solving the most pressing logistics issues businesses are facing today—ensuring faster deliveries, addressing growing labor shortages, reducing costs, and meeting the rising demand for goods in this era of rapid e-commerce growth. Our investment partnership with NX Group is a testament to the impact we’re making in North America and the confidence of global partners in our ability to meet the evolving needs of our customers.”

NX Group, states: 'The NX Group supports the logistics needs of customers in various industries and provides many of them with "middle-mile" logistics services, especially for delivering raw materials to factories or shipping finished products. By establishing capital ties with Gatik, whose efforts are compatible with such a business model, the Group is seeking to deepen its knowledge of the cutting-edge autonomous trucking business. The Group is also looking to work with Gatik in the U.S. and elsewhere globally'.

In 2021 Gatik achieved the world’s first fully autonomous deliveries with Walmart .