Robotics & Automation News

Market trends and business perspectives

locus

Logistics firm launches route optimisation solutions to US and Canada

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Locus, a decision-making platform in the supply chain that automates human decisions required to transport a package or a person, has launched operations in North America.

The company’s premier logistics optimisation solutions that include route optimisation, real-time tracking of orders, insights and analytics, optimised permanent journey plans, and automated shipment sorting, are now being introduced in both the U.S. and Canada.

Locus addresses a myriad of logistics and supply chain issues that result in shipping delays, including tracking errors, human errors, and problems with driver and vehicle appropriation.

[Read more…] about Logistics firm launches route optimisation solutions to US and Canada

Logistics robots: The way you move

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As Joni Mitchell once sang, and Janet Jackson reiterated, “You don’t know what you’ve got ’til it’s gone”.

So it was when Amazon bought Kiva Systems in 2012 for a chart-topping $775 million.

Now one of the world’s largest online retailers, Amazon is also growing its logistics business, with 30,000 Kiva robots working away at its warehouses all over the world. [Read more…] about Logistics robots: The way you move

Locus Robotics raises $8m funding for logistics robot solution

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Technology veteran Rick Faulk joins Locus Robotics as new funding raised to accelerate growth and development 

US-based e-commerce fulfillment robotics company Locus Robotics has hired Rick Faulk to serve as the company’s chief executive officer.

The company is heading towards production and sales of its solutions and has appointed Faulk to lead it in this next stage of growth and development.

Locus also says it has raised $8 million in Series A funding. The round was led by additional funding from seed investors. The new capital will be used to expand product development and go-to-market initiatives.  [Read more…] about Locus Robotics raises $8m funding for logistics robot solution

Locus Robotics prepares to transform logistics industry with new automation system

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Automation in logistics is not new, having first emerged some 30 years ago, but back then it wasn’t as widely utilised as one might imagine, probably because of the large investment required.

But even if you could afford it back then, nowadays with the new robotics and automation technologies available, what can be done with a logistics centre is way beyond what was possible in the past.

Estimates vary on how much more efficient an intelligent warehouse can be, but it’s generally accepted that the savings in costs and time which can be achieved by using robots and automated systems are significant. [Read more…] about Locus Robotics prepares to transform logistics industry with new automation system

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