Found in Robotics News & Content, with a score of 33.82
September 20, 2023
…most promising areas for autonomous vehicles is in logistics yards. Fernride GmbH today announced that it has obtained $19 million in funding, bringing its today Series A round to $50 million. “By closing our Series A at $50M, we have established an investor base consisting of multiple corporates and large venture funds that can provide us many key strategic advantages along the value chain, as well as fund our ambitious growth plans to build the global category leader for autonomous, electric trucking,” stated Hendrik Kramer, co-founder and CEO of Fernride. Kramer, Maximilian Fisser, and Jean-Michael Georg founded Fernride, which conducted…
Found in Robotics News & Content, with a score of 25.89
December 09, 2021
…this year, with funding flowing to developers of autonomous trucks. Robotic Research OpCo LLC today announced that it has raised $228 million in Series A funding. The Clarksburg, Md.-based company said it will use its first outside capital to drive further innovation and expand its RR.AI division, which is focused on commercializing autonomous driving systems for commercial truck, bus, drayage, and logistics vehicles. “This investment reflects our success in developing autonomous solutions for our U.S. government customers, and [it] will provide the resources needed to meet our growing commercial customer demand and the expansion of our commercial efforts,” said Alberto…
Found in Robotics News & Content, with a score of 25.36
June 10, 2021
…mobile robots have been entering facilities for several years, yard trucks are just beginning to benefit from investments in autonomous vehicles. Founded in 2017, ISEE was developed on AI research from the Massachusetts Institute of Technology. The startup asserted that its AI can anticipate unexpected behaviors better than any other system on the market. ISEE said its system provides flexible autonomy so machines can understand human decision making and deliver the versatility needed to automate operations seamlessly. It works alongside human distribution workers to enhance driving capacity, optimize throughput, and improve predictability, said the company. As a result, operators can…
Found in Robotics News & Content, with a score of 24.17
August 27, 2024
…how markets have reacted to similar issues previously.” Autonomous trucks could improve shipping time, intermodal yards Other predictions from LaGore include an increase in autonomous trucking and transportation management systems (TMS) to optimize route planning. He said vehicles with sensors, actuators, algorithms, and machine learning systems could improve shipping time by removing necessary human breaks. LaGore added that he also believes It is likely we will soon see further advancements in intermodal rail yards beyond automated truck gates, which increase terminal productivity and personnel safety. “However, many regulatory hurdles must be overcome. Assembly bill 316, passed in California [in] 2023,…
Found in Robotics News & Content, with a score of 22.77
May 23, 2017
Because lift trucks were not historically known for their brains, mobile computer terminals have been used to bring warehouse intelligence to the operator. Lately, as lift trucks become more connected and computerized, they are changing the patterns of how and where data moves through a facility, its devices and its equipment. There is massive potential for operational improvements from connecting telematics, warehouse execution, labor management and more. But, if you imagine each thread of communication as a string, many operations look more like spaghetti than a neatly woven braid. “The key is to establish one central point of conversation or…
Found in Robotics News & Content, with a score of 21.04
September 14, 2023
…process—from order placement through pick-up and delivery to customers’ yards. Flytrex claimed that its new capability can cut delivery times to about five minutes from the time orders are ready, creating growth opportunities for QSRs and family-owned restaurants. “What’s so unique about this innovation is its real potential to move the needle, with more and more businesses getting on board with an undeniably seamless and cost-effective process,” stated Yariv Bash, co-founder and CEO of Flytrex. “This upgrade is a huge step forward in achieving our vision to provide drone delivery to the millions of residents across suburban America.” “The end…
Found in Robotics News & Content, with a score of 19.85
May 23, 2019
…stopping, thereby making these trips quicker and more efficient. Truck freight: Trucks offer superior flexibility due to their ability to pick up and drop off freight at individual locations. However, they are limited in terms of their speed, particularly in high-density urban locations. Trucks are also hampered in remote areas where road infrastructure is weak or nonexistent, e.g. in emerging markets. Drones can provide dramatically faster solutions in both markets. In addition, drones could eliminate the need to pay employees to load and unload truck cargo and track inventory, which could all be done autonomously. Air freight: Airplanes are also…
Found in Robotics News & Content, with a score of 19.13
January 24, 2022
Much of North America's freight travels by tractor-trailer truck on highways, but the addition of autonomy, modularity, and electrification to locomotives could give the older transportation mode new life. Parallel Systems last week came out of stealth and announced that it has raised $49.55 million in its Series A round. The Culver City, Calif.-based startup said it plans to use the funding to build a fleet of rail vehicles, conduct testing, and grow its team. “We founded Parallel to allow railroads to open new markets, increase infrastructure utilization, and improve service to accelerate freight decarbonization,” stated Matt Soule, co-founder and…
Found in Robotics News & Content, with a score of 16.78
November 22, 2018
Driverless Cars and Trucks Forget what the experts and technogeeks are predicting for the era of driverless cars and trucks. What are the oddsmakers saying? Actually, Las Vegas is quite bullish on the prospect of driverless vehicles. In fact, Jim Murphy, an oddsmaking consultant for sports and non-sport novelty bets focused on the entertainment business, politics, technology and financial markets, is predicting that 21 million autonomous cars will be sold within the next 15 years. “Autonomous cars - better known as ‘self-driving cars’ - may seem the stuff of science fiction but they’re close to becoming reality,” says oddsmaker Murphy…
Found in Robotics News & Content, with a score of 16.60
July 13, 2018
…areas. He also noted that “PINC, a provider of yard management systems, has deployed a solution that utilizes drones to identify the location of trailers, shipping containers, and other assets in hard to reach areas. Equipped to carry GPS, RFID, OCR, and barcode readers, the drones can fly overhead to quickly locate and identify assets that have been tagged in a yard or port.” So, what is the state of drones in the supply chain today, nearly five years after the Bezos’ interview? To find out, I reached out to Matt Yearling, CEO of PINC, the yard management provider Vyas…
Found in Robotics News & Content, with a score of 15.64
March 23, 2023
…systems.” It said it has engineered its electric forklift trucks to increase productivity, efficiency, and sustainability. The company said it delivers systems to the materials handling and logistics markets in North America and globally. Raymond said its reputation is built on on quality, innovation, and service. Raymond shows automation and integrated intralogistics systems Raymond said that it and its Solutions and Support Centers network provide technologies to improve the performance of warehouse and distribution center operations. As operations explore automated functions, they frequently must engage multiple vendors. Raymond asserted that it offers a “complete integrated system solution” — from material…
Found in Robotics News & Content, with a score of 14.93
January 13, 2021
…exist 30 feet inside the dock area and also yard management systems (YMS) for the outside activities,” says Pilgrim. “However, that transitional area at the loading dock, and 30 feet inside the door, has basically been left to fend for itself.” Making the grade While some companies continue to rely on Excel spreadsheets, clipboards and verbal communications to manage their docks, others are deploying smart controls, Cloud technology, and data to streamline this area of their operations. To accommodate these needs, Systems LLC began Wi-Fi-enabled smart controllers that companies can use to manage dock operations. “That was the catalyst behind…
