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Wednesday, January 8, 2025

Torc Indicators Lease Settlement for New Autonomous Truck Hub in Dallas-Fort Price Space for Testing and Industrial Operations


BLACKSBURG, Va – Jan. 7, 2024 – Torc, an unbiased subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving car expertise, right now introduced the corporate has signed a leasing settlement for a facility positioned in Hillwood’s AllianceTexas improvement that can function Torc’s autonomous truck hub within the Dallas-Fort Price space. The brand new location might be a hub for Torc’s autonomous testing efforts, buyer freight pilots, and future commercialization slated for 2027.

The positioning will function a buyer expertise middle, places of work, and devoted management facilities for fleet administration and operations. Effectively into productization, Torc’s enlargement within the Dallas-Fort Price metro space positions the corporate for the subsequent section of autonomous driving and supplies a strategic benefit because of its proximity to a serious freight route between Dallas and Laredo, Texas, on Interstate 35. Laredo is the biggest financial port of entry within the US, with greater than 15,000 truck crossings per day and $320B in complete commerce final yr, opening up a major alternative for Torc’s development.

“Establishing our presence within the Dallas-Fort Price space, a key area for the way forward for autonomous trucking, is a crucial milestone for Torc,” commented Peter Vaughan Schmidt, CEO. “This new hub will allow us to raised serve our present and future prospects, improve our operational capabilities, and drive ahead the adoption of autonomous expertise within the logistics {industry}. As we work towards commercialization, the brand new hub will give us entry to expertise, assets and routes that we didn’t beforehand have, and we’re excited in regards to the development alternatives forward.”

“Opening our Dallas Fort Price hub is a testomony to the unbelievable progress Torc has made. This new hub not solely expands our operational footprint but in addition reinforces our dedication to advancing autonomous expertise,” stated Andrew Culhane, Chief Industrial Officer for Torc. “This comes on the heels of the profitable product acceptance take a look at validation of our autonomous vehicles and not using a driver in a multi-lane, closed-course, highway-speed surroundings, additional showcasing our dedication to the very best security and product maturity requirements. As we proceed by the productization section of our improvement cycle, we’re excited in regards to the future and the alternatives this new hub opens up.”

“We’re excited to welcome Torc to AllianceTexas. This collaboration highlights Hillwood’s dedication to fostering mobility innovation and constructing a extra resilient provide chain ecosystem with industry-leading expertise, dependable infrastructure, and forward-thinking prospects,” stated Ian Kinne, Director of Logistics Innovation at Hillwood. “The strategic location of this hub alongside the crucial freight hall of Interstate 35 is a testomony to a few of the distinctive benefits of AllianceTexas. Torc’s presence right here will additional drive innovation, improve connectivity, and supply vital worth to our prospects as we work towards a extra environment friendly and related future in logistics.”

The hub might be positioned at 13119 Outdated Denton Rd., Fort Price, TX 76177, and Torc plans to start out occupying the brand new area early this yr. The brand new website consists of an 18-acre facility and 22,000 sq. ft of workplace area. The power might be constructed out over the primary half of 2025, making certain it complies with the requirements required for autonomous car operations.

Introduced in late 2024, Torc can also be increasing its workforce within the Ann Arbor, Mich., space, the place it plans to rent greater than 100 positions within the coming months.

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