Ryder System and Terminal Industries are working on a novel computer vision solution to automatically index and analyze trucks and trailers through a simple camera feed. The two companies just completed the technology’s first successful pilot program in a Ryder e-commerce fulfillment center in the City of Industry, California.
“It’s been a great success on multiple fronts,” Mike Plasencia, Ryder’s managing director for new product strategy and RyderVentures, told FleetOwner. “It’s a success for the use case, for the design partnership, and for the seating for future expansion opportunities—whether in that use case or other areas.”
The pilot program is the first major technology announcement after Terminal received $31 million in seed funding in mid-2023. Terminal emerged in 2023 as an AI startup focused on logistics optimization. The startup received funding from several businesses, including industry heavyweights Ryder, NFI, and Lineage Logistics.
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It may also indicate how digitalization could transform logistics going forward, suggests Max Constant, CEO of Terminal.
“We’re not just talking about one camera in one yard,” Constant told FleetOwner. “We’re talking about tens of thousands of cameras across thousands of yards, all communicating in real-time. That is truly transformational; that’s really never happened before.”
Ryder and Terminal launched a second pilot in July, using Terminal’s technology on mobile tablets to auto-capture available inventory at a Ryder truck rental and maintenance facility in the Dallas-Fort Worth area.
“In the e-commerce facility, you had a fixed camera with a moving vehicle go by,” Plasencia said. “And now what you have is a moving camera and a fixed truck—but the same technology.”
The companies have been able to quickly acclimate the technology to this new use-case.
“We’ve been super pleasantly surprised at how quickly things have ramped up. We’re very optimistic on the results of this one,” Plasencia told FleetOwner.
Big things ahead for this AI startup
These two announced pilot programs are just the beginning for Terminal’s disruptions in yard management.
Ryder and Terminal are working on other, unannounced applications for the technology.
“There’s other use-cases we have in the queue, and we’re excited to bring those forward,” Plasencia said.
Constant also suggested that Terminal may have other projects in the works.
“Without going into too much detail, because we don’t speak about these things publicly, you can probably assume that, if you look at our investor base, there are other meaningful activities—albeit in adjacent spaces—that are taking place across the supply chain,” Constant told FleetOwner.
Overall, both companies are happy with the current pilots.
“I think it’s also just a great thing for the logistics space in general,” Constant said. “And I think it’s an important signal for what’s to come.”