UPS Ventures Invests in Self-Driving Trucking Startup

United Parcel Service Inc. ’s venture-capital division, UPS Ventures, has acquired a minority stake in self-driving trucking startup TuSimple Inc., signaling the delivery company’s continued push into autonomous driving.

In addition, UPS will expand a partnership it began with TuSimple earlier in March for the startup to carry truckloads of goods between Phoenix and Tucson, Ariz., said UPS Ventures Managing Partner Todd Lewis. TuSimple’s trucks operate autonomously with a human operator on aboard to take over if needed.