Found in Robotics News & Content, with a score of 0.31
April 30, 2019
…of the year, especially among companies providing third-party logistics (3PL) services. However, the sudden spike in last mile delivery encourages more shippers to begin insourcing last mile deliveries. In other words, shippers are using their trucks to reach their immediate, local consumers. Yet, 90 percent of shippers have fewer than six trucks, so outsourcing may be necessary for increasing shippers’ last mile delivery options. 6. Autonomous Vehicles and Trucks (AVs and AT), Drones and Robotic Delivery Grow More Important AVs and ATs, otherwise known as self-driving vehicles or trucks, will impact last mile logistics as well. Self-driving vehicles, drones, and…
Found in Robotics News & Content, with a score of 0.31
April 10, 2023
…company is among those working with third-party logistics provider (3PL) Wagner Logistics on rethinking warehouse robotics. Samay Kohli, co-founder and past CEO of GreyOrange, spoke with Robotics 24/7 about micro-fulfillment centers, multi-tenant spaces, and robotics. Fulfillment evolves into new spaces What do you think about the prospect of multi-use retail stores that include fulfillment space? Kohli: It's a relatively new concept, and not many of our customers have gone to it yet. But since we're omnichannel and muti-brand, we're ready for it. For instance, H&M uses us for six different brands within the same building for existing inventory. Before GreyOrange,…
Found in Robotics News & Content, with a score of 0.31
September 04, 2021
…contract logistics will continue to grow, said Sakharkar. “Most 3PLs [third-party logistics providers] are looking at their networks at the node level, the network level, and the warehouse level,” he said. “Outsourcing to companies like GXO has huge tailwinds, given the volatility in industry and unabated growth of e-commerce during the pandemic.” “If you look at the broader $130 billion industry for contract logistics, we're No. 2 at 5%—it's very fragmented,” Sakharkar said. “We have a broad customer base, including consumer packaged goods, food and beverage, and aviation. Retail and e-commerce are the fastest-growing, accounting for 40% of our revenue.”…
Found in Robotics News & Content, with a score of 0.31
May 08, 2023
…continued investment to offset labor shortages, as well as 3PLs [third-party logistics providers] going full steam ahead with their automation plans. As venture capital becomes more scarce or harder to get, what should robotics businesses do to demonstrate their value, both to investors and customers? Mitchell: Generally, I think that robotic companies—and all startups—will need to focus on cash management first and foremost, as financings will now take longer. This means tempering new product-development plans with an invigorated sales effort. Once a startup has consistent and meaningful recurring revenue streams, many things will then open up to them, including up…
Found in Robotics News & Content, with a score of 0.31
March 16, 2023
…old jobs. The dilemma is that everyone wants automation. 3PLs [third-party logistics providers] tell us, “Automation's the real deal. I want a scalable, robotic task force, but it costs millions and is disruptive. Which suppliers should I talk to?” Their first instinct is to go the the “big four” [industrial automation providers, ABB, FANUC, KUKA, and Yaskawa], but that's like looking for a plumber in a phone book. RIOS previews discussion of robotics as a service You'll be speaking about RaaS at ProMat. How can it help? Casse: Comparing traditional business models works for established businesses, like capex [capital expenditures]…
Found in Robotics News & Content, with a score of 0.30
December 21, 2017
…Trucks, making it one of the first third-party logistics (3PL) companies to do so. We’ll begin testing them in the U.S. once available in 2019. A Much-Needed Co-Pilot Both companies and drivers will benefit from the technology. For starters, we think the ITF is spot on: autonomous trucks will be much more energy efficient, which will reduce costs and carbon footprints. That’s extremely important to us and our mission to achieve zero emissions by 2050. For drivers, who work long hours and need to be on the ball all the time, self-driving technologies will become a welcome companion in their…
Found in Robotics News & Content, with a score of 0.30
May 01, 2016
…giant step away from the status quo, especially for 3PLs that typically shy away from automation, “you don’t disrupt by taking incremental steps,” Welty adds. Of course, the Kiva solution has now been around for nearly a decade. What’s more, it has been off the market since 2012, when Amazon acquired the company. Although Amazon is still supporting existing installations like the one at Quiet Logistics, that support will end at some point in the future. For that reason, if you travel a mile down the road, you can see necessity—and invention—on display at a 200,000-square-foot facility operated by Quiet.…
Found in Robotics News & Content, with a score of 0.29
May 09, 2022
…and validators in whatever spaces we want to work in—3PL [third-party logistics], brands, food and beverage, telecommunications, or electrical components. Even though we were in stealth, we were reaching out to multiple blue-chip investors. We made ourselves somewhat known among key leading customers. Amazon reached out to me, which made me more convinced that we're doing the right thing. What makes Vimaan's value proposition unique? Ganapathi: We take a different approach, which we think is a step forward for the industry. We looked at where we could add value to the ecosystem. We went through a rigorous due-dilligence process with…
Found in Robotics News & Content, with a score of 0.29
December 04, 2019
…human intervention needed and Cerasis, a leading North American 3PL focused on over-the-road transportation management solutions company shippers will learn about the state of autonomous freight trucks. This webinar is perfect for those in the supply chain & freight industries looking to understand the state of autonomous trucks and how they will impact the future of freight. In the webinar, the TuSimple and Cerasis team will cover: What is the state of Autonomous Freight Trucks? What are the challenges in adoption? How are Autonomous Freight Trucks different than self-driving cars and electric vehicles? What does the Autonomous Freight Truck market…
Found in Robotics News & Content, with a score of 0.29
August 23, 2023
…specialized automation for high volume and throughput,” Cardenas added. “3PLs [third-party logistics providers] often have shorter-term contracts and need flexibility. We're starting with picking from a conveyor to a pallet, pallet to conveyor, and lineside delivery.” “Robotics solutions are in high demand in the logistics sector as companies grapple with a shortage of labor and volatile demand,” said Ash Sharma, managing firector at Interact Analysis. “Billions of dollars are being invested in implementing robots to help pick, move and sort goods through warehouses across the world,” he said. “Humanoid robotic solutions are the next step in the evolution of the…
Found in Robotics News & Content, with a score of 0.29
October 27, 2022
…up on robotics Warehouse operators and third-party logistics providers (3PLs) are making healthy investments in automation for materials handling. For instance, shipping giant Maersk last year acquired Visible Supply Chain Management (SCM) for $838 million. The deal followed Maersk's strategic goal of serving 75% of the U.S. direct-to-consumer market within 24 hours and to deliver to 95% of the U.S. market within 48 hours. The company gained nine fulfillment centers, accounting for more than 20 million sq. ft., to its distribution network. In addition, Maersk said it expects Visible SCM to have synergy with its 2020 acquisition of Performance Team…
Found in Robotics News & Content, with a score of 0.29
May 21, 2018
…chain, it could include manufacturers, customs agents, shippers, regulators, 3PLs, carriers, and drivers. A chain may extend from raw materials to finished goods on a consumer’s table. A Bloomberg analyst called blockchain “the biggest innovation in the industry since containerization.” But many links in the supply chain aren’t fully onboard with blockchain - yet. As blockchain technology becomes more refined and prevalent, it will provide many benefits. Read: Why Every Company Will Be Using Blockchain By 2027 These questions are among the many that prevail in our industry. Their answers are temporal. As our dynamic changing and growing environment changes,…
