“At the end of June you will see a huge effort for self-propelled trucks moving over the highway. Not in the city, where we think our drivers are better at picking up and delivering long-distance vehicles,” Smith said in an interview. in “Mad Money”. “We have a long way to go to do this. But we are not going to get rid of our drivers. They will pick up and deliver and dredge if you want, and over time, they will be very sure autonomous trucks are on their way. “, He added. FedEx has announced that it will test autonomous delivery trucks in China in late 2021 through a partnership with Neolix, a country-based autonomous driving logistics company. FedEx has previously launched autonomous vehicle use initiatives in partnership with companies such as Nuro, DEKA Development Research, Aurora and Paccar. The company announced Monday that Smith will become CEO and Ray Subramaniam, the current CEO, will succeed him. The change of leadership will take place on June 1. Smith founded FedEx in 1973 and Subramaniam joined the company in 1991. The FedEx share rose 3.7% on Tuesday after the news. Join the CNBC Investing Club now to follow Jim Cramer’s every move in the market. Denial of responsibility Questions about Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer’s world? Hit him! Crazy Money Twitter – Jim Cramer Twitter – Facebook – Instagram Questions, comments, suggestions for the “Mad Money” website? [email protected]
