logistics

Hitachi and Microsoft to offer digital solutions for manufacturing and logistics

June 26, 2020 by Mai Tao Leave a Comment

Hitachi and Microsoft have a “multi-year strategic alliance” to accelerate the digital transformation of the manufacturing and logistics industries across Southeast Asia, North America and Japan.

The first solutions will be available in Thailand in July 2020.

The two companies will work together to meet the growing demand for predictive maintenance and process automation in remote areas and support enterprises as they tackle the challenges infused by the Covid-19 pandemic. [Read more…] about Hitachi and Microsoft to offer digital solutions for manufacturing and logistics

Geek+ raises more than $200 million in latest funding round

June 18, 2020 by Mai Tao Leave a Comment

Geek+, a global provider of advanced robotics for logistics, has closed its Series C funding round at over $200 million in early 2020.

Geek+ continues to lead the industry with the largest fundraising to date, following a $150 million B series in November 2018, already the largest in the industry.

C1 was led by GGV Capital, D1 Capital Partners along with Warburg Pincus in Summer 2019, while C2, finalized earlier this year, was led by V Fund, along with Redview Capital and Vertex Ventures. [Read more…] about Geek+ raises more than $200 million in latest funding round

Geek+ wins RBR50 innovation award as one of the world’s top 50 robotics companies

June 16, 2020 by David Edwards Leave a Comment

Geek+ has won the 2020 RBR50 Robotics Innovation Award – the industry’s premier listing of the most successful and innovative robotics companies in the world.

Geek+ makes the list for the second year in a row, a rare feat, and is one of a handful of non-US based companies.

The award recognizes Geek+ as one of the most innovative and transformative robotics companies in the world, having achieved commercial success through a highly successful global expansion and proven ability to enable global fulfillment. [Read more…] about Geek+ wins RBR50 innovation award as one of the world’s top 50 robotics companies

Webinar: How Robots Are Succeeding and Failing in the World of Logistics

June 12, 2020 by David Edwards Leave a Comment

RoboBusiness Direct presents How Robots Are Succeeding and Failing in the World of Logistics

Featured Speaker: Aaron Prather, Senior Technical Advisor, FedEx

June 25, 2020 – 2:00 PM EST

Robotics systems are being introduced into the world of logistics at an increasing rate.

While some robotics systems and the companies employing them have achieved their goals, many other deployments have been unsuccessful. [Read more…] about Webinar: How Robots Are Succeeding and Failing in the World of Logistics

inVia Robotics expands into Asia with Kantsu implementation

June 9, 2020 by David Edwards Leave a Comment

Kantsu has selected inVia Robotics, a provider of warehouse automation solutions, to supply autonomous mobile robots that automate fulfillment operations in its primary distribution center in Osaka, Japan.

inVia’s modular automation system, which includes a fleet of 200 autonomous mobile robots and AI-driven software, will modernize Kantsu’s e-commerce fulfillment process.

It will automate the picking process and allow warehouse workers to sort at rates of 800-900 units per hour per person, says inVia. [Read more…] about inVia Robotics expands into Asia with Kantsu implementation

Locus Robotics raises $40 million in new Investment to bring total to $105 million

June 2, 2020 by David Edwards Leave a Comment

Locus Robotics, a manufacturer of autonomous mobile robots for fulfillment warehouses, has raised more than $40 million in new investment.

The Series D funding was led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round.

The new funding brings Locus Robotics’ total funding to more than $105 million. [Read more…] about Locus Robotics raises $40 million in new Investment to bring total to $105 million

9,000 elephants: Heaviest things ever moved on land

June 1, 2020 by Polly Leave a Comment

People travel all over the globe to see the many great wonders of our world, but does it ever cross your mind of how they got there in the first place?

Transporting impossibly large items has been a mechanical and logistical challenge for thousands of years, becoming even more tricky when shifting things overseas with ships.

Famous sites such as the Statue of Liberty were disassembled in Paris and then packed into 214 wooden crates and shipped across the Atlantic in 1885. [Read more…] about 9,000 elephants: Heaviest things ever moved on land

XPO Logistics expands last mile service in Spain to meet increase in online orders of large products

May 28, 2020 by David Edwards Leave a Comment

XPO Logistics, a leading global provider of transportation and logistics solutions has expanded its last mile service for bulky and heavy goods in Spain, as consumers turn to e-commerce.

The company makes an estimated 4,500 daily deliveries to all parts of Spain through its national last mile network, with the highest demand in the regions of Madrid, Barcelona, Andalucía and Levante.

XPO launched its last mile service in Spain in 2018, providing consistent, nationwide home deliveries through 60 distribution sites linked by cutting-edge technology. [Read more…] about XPO Logistics expands last mile service in Spain to meet increase in online orders of large products

DB Schenker invests in Volocopter as drone startup builds funds up to €87 million

May 26, 2020 by David Edwards Leave a Comment

DB Schenker, a global logistics company, has invested in Volocopter, a startup developing a new type of passenger-carrying drone which can also be used for good distribution.

DB Schenker says its investment shows that it is “a pioneer of urban air mobility”. With the new investment, Volocopter has extended its Series C funding to now a total of €87 million.

Besides DB Schenker, Mitsui Sumitomo Insurance Group, MS&AD Ventures, and TransLink Capital (Japan Airlines and Sompo Japan Insurance) join the round as new investors, existing investors Lukasz Gadowski and btov also invested. [Read more…] about DB Schenker invests in Volocopter as drone startup builds funds up to €87 million

Geek+ and Conveyco agree partnership to distribute warehouse robots in North America

May 22, 2020 by Mai Tao Leave a Comment

Geek+ and Conveyco have agreed a partnership to distribute Geek+ warehouse robots in North America.

The distribution partnership brings Geek+ warehouse robotics solutions to retail, e-commerce, omnichannel and logistics customers all over North America.

Geek+ is a global provider of smart logistics solutions that utilize robotics and artificial intelligence technologies. [Read more…] about Geek+ and Conveyco agree partnership to distribute warehouse robots in North America