Logistics and trucking companies are looking down the road at cutting costs and speeding up delivery times when truck drivers no longer become necessary, and by extending the hours that commercial trucks can be kept in operation.
“Goldman Sachs economists predicted that trucking will shed about 300,000 jobs per year starting in about 25 years. That may begin sooner than anticipated if automated trucking clears government hurdles and technology innovations—and becomes widely adopted by trucking companies.”
When autonomous vehicles become widely adopted for passenger and cargo transport, insurance premiums are expected to go down, along with collision repair costs.
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