Company to use new AI systems at its fulfillment facilities that will work alongside employees
A new "co-warehousing" facility in the Phoenix area will provide private warehouses to local e-commerce companies that have outgrown their home-based operations, Axios' Jessica Boehm reports.
Limits to robotic technology are hampering efforts to create fully automated fulfillment centers, operators and executives say
The rise of online shopping has pushed warehouse operators toward greater levels of automation over the past decade, a move – alongside persistent labor shortages – aimed at addressing the rising need for speed.
Syrius Robotics, a Chinese startup that makes autonomous robots for warehouses, just secured 50 million yuan ($7.4 million) in a Series B funding round, lifting its total raised so far to $40 million.
The nation’s largest warehouse company and one of the biggest venture capital funds, along with other investors, are betting $25 million that Fort Robotics, a 65-person Philadelphia robotics safety and security systems maker, is ready to grow, fast.
Prologis (NYSE: PLD), the global leader in logistics real estate, today announced its commitment to achieve net zero emissions across its value chain by 2040. The company also released its annual environmental, social and governance (ESG) performance report.
The e-commerce market in Egypt is expected to grow 30% to $7.5 billion this year, spurred by a growing number of younger shoppers and rising incomes.
Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed up operations but to drastically reduce the costs of running them — and today a startup developing software and hardware specifically in the area of robot picking is announcing some funding.
The largest user of industrial space is launching a $1B fund to invest in companies that advance innovation in logistics and the supply chain, with an apparent focus on robotics.