To become the world’s most trusted provider of autonomous freight solutions, creating a future of transportation that is the safest and most reliable.
To provide long-distance freight solutions to our global customers through the development and deployment of safe, efficient, and industry-leading autonomous trucking technology.
To make sure every customer gets what they need, when they need it.
Monarch Transportation Systems is a leading innovator in the transportation industry, pioneering the use of self-driving, autonomous trucks for long-distance freighting. Founded in 2014, Monarch is revolutionizing the way goods move across the country, offering unparalleled efficiency, safety, and cost-effectiveness for its customers.
A Fleet Redefining the Industry
Our current fleet consists of more than 4,600 autonomous trucks that operate 24/7 to deliver essential goods for a diverse clientele, including industry giants like Walmart, Dot Foods, FedEx, UPS, LVA Logistics, and IKEA. These state-of-the-art vehicles are equipped with the following cutting-edge technology:
Advanced Sensors and Cameras: Our trucks perceive their surroundings in a full 360-degree view using a comprehensive suite of sensors and cameras and capture 4 terabytes of data each hour they are active on the road.
LiDAR (Light Detection and Ranging): This innovative technology creates a detailed, real-time map of the environment, allowing our trucks to navigate with exceptional precision.
AI-powered perception: AI analyzes the data from sensors and cameras, enabling the trucks to anticipate weather changes, react instantly to hazards, adapt to road conditions, and even respond to vehicle failures; 150 million lines of code and more than 150 ECUs are found in our trucks.
This advanced technology allows Monarch to tackle the most challenging routes—including mountain passes—in any weather conditions, a capability unmatched by any other autonomous trucking company.
Safety at the Forefront
Human error is a leading cause of truck accidents (1.35 million people are killed in motor vehicle accidents globally every year). By removing this risk factor, Monarch significantly reduces collisions and fatalities, creating a safer environment for everyone on the road. (Up to 94% of fatal motor vehicle–related crashes in the U.S. could be prevented by autonomous vehicles.) This creates a demonstrably lower risk profile for your cargo, reducing insurance costs and creating peace of mind.
Efficiency You Can Count On
Monarch’s autonomous trucks operate with unparalleled efficiency. They follow optimized routes, eliminating unnecessary stops and delays. This leads to faster deliveries, reduced transit times, and a more predictable supply chain. Our technology ensures streamlined logistics, reduced inventory carrying costs, and faster product delivery to your customers.
Reduced Costs, Increased Profitability
Our autonomous technology eliminates the need for driver salaries, benefits, and downtime associated with fatigue. This can significantly reduce costs for your business, allowing you to focus on growth and profitability.
A Team Driving Innovation
At Monarch, we are dedicated to pushing the boundaries of transportation technology. Our team of 2,328 talented individuals—including a robust IT department with 907 employees specializing in cybersecurity, digital risk management, systems engineering, and software development — constantly innovates to ensure our technology remains at the forefront of the industry.
Our Focus on Cybersecurity
Our approach includes rigorous encryption, real-time monitoring, and proactive risk assessments to safeguard against cyber threats. This commitment ensures that our vehicles and our clients' sensitive information remain secure, allowing us to maintain uninterrupted and trustworthy service across all trucking operations.
Financial Strength and Public Trust
In 2023, Monarch generated an impressive $2.93 billion in revenue, resulting in a net income of $374.16 million. We are a publicly traded company on NASDAQ, with a market capitalization of $10.77 billion. This financial strength reflects the trust our investors and the industry have placed in our vision and technology.
Join the Future of Freight
Monarch is revolutionizing long-distance freighting. With our commitment to safety, efficiency, and innovation, we are building a more reliable, cost-effective, and sustainable future for the transportation industry. Partner with Monarch and experience the future of freight today.