Where Innovation Meets Imagination
Locus Robotics has raised $25 million in its latest funding round.
Locus makes autonomous, mobile robots for use in e-commerce fulfillment warehouses, today announced it has secured $25 million in Series B funding led by Scale Venture Partners, a Silicon Valley-based venture capital firm investing in the future of work.
Existing investors also participated in the round. [Read more…] about Locus Robotics raises another $25 million in funding
Volvo has unveiled a new driverless truck which it says is an “innovative transport solution to drive safety and productivity”.
The company says that the self-driving truck, driving autonomously from one hub to another, is part of a development project exploring how automation can contribute to increased productivity, enhanced safety and lower environmental impact.
Volvo says that, in showing the truck, such aims and goals have for the first time been demonstrated to a broader audience. [Read more…] about Volvo unveils driverless truck aimed at ‘hub-to-hub’ intralogistics operations
With warehouses increasingly becoming a hub of robotic and automation innovation, we thought now would be a good time to take a closer look at this dynamic sector.
First, the basics. What is a warehouse management system?
Basically, it’s a software application which enables the digital management of a warehouse. [Read more…] about Warehouse management systems: A next-minute overview
Hanwha has closed a deal on a $79.26 million project to build a logistics automation system and facility for Nexen Tire in the Czech Republic.
A major Nexen Tire Czech plant is being built in Zatec, 70 km northwest of Prague, the capital of the Czech Republic.
The plant will serve as Nexen’s tire production base in Europe as the location lends itself to easy access to key markets in Europe including the UK, France, and Germany. [Read more…] about Hanwha to build logistics automation facility for Nexen Tire’s Czech factory
Material handling refers to the movement of items within relatively small spaces, such as a warehouse.
In that sense, it’s different from logistics, which refers to movement of goods over longer distances, from city to city or across countries and continents.
But material handling falls within logistics, obviously, and can sometimes be categorised within intralogistics – as in, movement of goods within a company’s network of warehouses and manufacturing facilities. [Read more…] about Material handling: An overview of a fast-moving market
Material Handling Systems has acquired Atronix Engineering and Advanced Production Systems.
MHS is a provider of advanced parcel sortation systems engineering and equipment. It has 115 employees and says it generates $1.2 billion revenue “from an installed base”.
Atronix is a controls systems integrator, while APS specialises in the engineering, design, and assembly of control panels. [Read more…] about Material Handling Systems acquires Atronix Engineering and Advanced Production Systems
ST Engineering, the Singaporean company which bought Aethon recently, says it is looking to grow its robotics division.
The company’s chief executive, Vincent Chong, says ST Engineering is hoping Aethon can help it pass through the 100-million-dollar barrier – Singaporean dollars that is, which equates to about $73 million in US currency.
As quoted on Nikkei, Chong says: “We want it [Aethon] to be a material business [with a revenue of] over 100 million Singapore dollars. How fast we get there, we don’t know yet.” [Read more…] about ST Engineering looks to Aethon robots to lead it to bigger markets
Locus Robotics has reached a deal with Supply Chain Services on the sales and marketing of its warehouse automation systems.
The “channel partnership” will see Supply Chain Services make Locus Robotics’ autonomous mobile robots available to Supply Chain Services’ network of more than 2,000 warehouse and distribution customers around the US.
The two companies will showcase the technologies in a joint exhibit at MinnPack, November 8-9, 2017 in Minneapolis. [Read more…] about Locus Robotics partners with Supply Chain Services on warehouse automation technologies
By Vincent Bamberger, Florent Nansé, Bernd Schreiber, and Michael Zintel, of Arthur D Little
In the past, legacy logistics players (LLPs) such as DHL, Kuehne + Nagel, DB Schenker, UPS and Nippon Express operated in a stable world, where efficiency, standardization and low cost were the keys to success.
However, digitalization has changed this focus, transforming the market.
New, digital-native entrants are better able to adapt to emerging imperatives such as agility, customer centricity and the need to constantly innovate. [Read more…] about Logistics 4.0: Facing digitalization-driven disruption
DHL, the world’s largest logistics company, has unveiled an autonomous vehicle designed to carry letters and parcels and follow around the postal worker as he or she delivers mail items from door to door.
The robotic parcel carrier – called PostBot – could move along in tandem with the worker, saving time overall and energy on the part of the human.
DHL selected the a town called Bad Hersfeld to test the self-propelled electric robot. Bad Hersfeld is said to be a “smart city”. [Read more…] about DHL tests PostBot autonomous vehicle for postal deliveries
