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Report: Hai Robotics Seeking $150M Investment At $1.3B Valuation
Wednesday, July 7, 2021 - 2:01pm | 790Read More...The hot warehouse automation trend is continuing, with more investor money flowing into the space and a possible new unicorn on the horizon. Hai Robotics, a Chinese company that recently expanded into the U.S., is reportedly working on a $150 million fundraising round that would place the pre-...
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Kroger Partnering With KNAPP To Automate Great Lakes Distribution Center
Wednesday, July 7, 2021 - 12:29pm | 722Read More...Kroger Co., (NYSE: KR) America's largest grocery retailer, announced Tuesday that it has entered into an agreement with KNAPP, one of the world's largest innovators in the intelligent automation space, to overhaul its Great Lakes Distribution Center in Delaware, Ohio. Amy McCormick, Kroger's...
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Daily Infographic: Same-Day Versus Next-Day Delivery: Which Is More Sustainable?
Wednesday, July 7, 2021 - 12:23pm | 81Read More...To view more FreightWaves infographics, click here. Image Sourced from Pixabay
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Not All Logistics Providers Walk The Visibility And Tailored-Solutions Talk
Wednesday, July 7, 2021 - 12:21pm | 750Read More...Considering COVID-19's revolutionizing effect on consumer buying habits, it's no surprise that e-commerce sales between the second quarter of 2019 and the second quarter of 2020 jumped from 10.8% to 16.1% of total national retail sales. For decades, e-commerce spending has shown about 1%...
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CSX Resubmits Application To Acquire Pan Am Railways
Friday, July 2, 2021 - 4:29pm | 1106Read More...CSX has resubmitted its application to acquire New England short line Pan Am Railways, saying the new filing provides a more in-depth market analysis that federal regulators were seeking. The railroad is seeking to prove to regulators and existing and potential Pan Am customers how the acquisition...
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California Farmers Finding New Ways To Navigate Water Risk
Thursday, July 1, 2021 - 2:49pm | 1284Read More...California is in the grips of another devastating drought, brought on by hot temperatures, reduced water levels from the Colorado River and less mountain snowpack. It was only two years ago that the Golden State exited a five-year drought that sharply curtailed water use, and now farmers are facing...
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Zipline's Drone Delivery Of Pharmaceuticals Earns $2.75B Valuation
Thursday, July 1, 2021 - 12:37pm | 775Read More...The supply chain fantasy is the ability to deliver directly to every person anywhere in the world. Drone manufacturer Zipline wants to make that dream a reality and Thursday announced its $250 million in new funding led by Baillie Gifford with participation from past investors Temasek and Katalyst...
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Zebra Technologies To Acquire Warehouse Automation Firm Fetch Robotics
Thursday, July 1, 2021 - 12:09pm | 859Read More...Zebra Technologies, which provides everything from mobile computers and printers to data capture and machine learning systems and even temperature monitoring and sensing technologies, is adding warehouse robotics to its portfolio. The Illinois-based global company will acquire Fetch Robotics, an...
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TRAC Intermodal Study Highlights Chassis Pool Partnership For Expedited Shipping
Thursday, July 1, 2021 - 11:18am | 576Read More...A case study by chassis provider TRAC Intermodal describes how TRAC and ZIM Integrated Shipping Services worked together to develop a dedicated chassis pool for customers that needed expedited shipping during the height of the COVID-19 pandemic. The study details how ZIM and TRAC created the...
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DP World Acquires Logistics Provider Syncreon In $1.2B Deal
Thursday, July 1, 2021 - 11:16am | 590Read More...DP World announced Thursday the acquisition of supply chain solutions provider syncreon at an enterprise value of $1.2 billion. The Dubai state-owned port operator said the deal will allow it to provide end-to-end solutions capabilities to cargo owners. Auburn Hills, Michigan-based syncreon...
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Food Service Providers Struggle To Keep Up With Reopening Of America
Thursday, July 1, 2021 - 10:42am | 1109Read More...As the summer months are heating up, so too are Americans' appetites for dining out, going to the ballpark and attending multiday music festivals — activities almost unimaginable a year ago. Recent findings from a Morning Consult survey concluded that 66% of Americans would feel safe dining out...
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Using Tech To Predict And Address Supply Chain Challenges
Wednesday, June 30, 2021 - 4:52pm | 320Read More...FreightTech is a dominant force in the industry these days, with venture capital companies funneling money to companies to help support development of solutions to increase visibility, efficiency and overall freight movement. Dooner and The Dude talk to the leaders of two big FreightTech...
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2 Oregon Delivery Providers Drop Amazon; e-Tailer Says They Demanded $36M
Wednesday, June 30, 2021 - 11:20am | 1715Read More...Two delivery companies in the Portland, Oregon, area have quit Amazon (NASDAQ: AMZN). Last Mile Delivery and Triton Transportation stopped hauling packages for the e-tailer last week and the attorney representing both companies told Modern Shipper that litigation against Amazon is being considered...
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Mullen Group Acquires US 3PL QuadExpress For $40M
Wednesday, June 30, 2021 - 11:12am | 362Read More...Mullen Group has acquired Chicago-area 3PL QuadExpress for $40 million in a deal that gives one of Canada's largest trucking and logistics companies its first U.S.-based operation. Mullen (TSX: MTL) bought QuadExpress from Wisconsin-based commercial printing company Quad (NYSE: QUAD). The 3PL...
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Daily Infographic: Re-Engineering The World's Supply Chain For Autonomy
Wednesday, June 30, 2021 - 10:49am | 82Read More...To learn more visit locomation.ai Image Sourced from Pixabay
















