Automation

As the world of business continues to change, pressures from investors continue to influence industry trends. As a result of increased fees and lower margins, improving operational efficiencies becomes even more necessary. Does this have anything to do with hedge fund management and automation?...

Fast-growing warehouse robotics firm Geek+ is adding another weapon to its portfolio of automation solutions designed to improve warehouse efficiencies, lower costs and increase throughput speed. The Smart Mixed Case palletizing solution, co-developed with warehouse management tools provider WSR...

Due to strong consumer spending, the growth of e-commerce, and other factors, transportation companies are incorporating more automation and tech into their operations to streamline administrative tasks and give more visibility to customers. The industry's digital transformation is well underway....

Automation and supply chain visibility often are focused on the routing of consumer goods as they travel thousands of miles via various modes of transportation. Locus, a supply chain visibility and routing solution, announced Tuesday it is offering these same services to optimize the deployment of...

With the COVID-19 pandemic, an increase in automation, both in the service and manufacturing sector, may put workers in jeopardy across the U.S. By allowing automation in facilities, services may improve productivity and cost jobs, the New York Times reports.  Last year many sectors...

Cathie Wood-led Ark Investment Management on Wednesday snapped up millions of shares of the New York-based software automation company UiPath Inc (NYSE: PATH) on the day that it made its trading debut. The investment firm deployed all its six active ETFs to buy the 2.74 million shares estimated to...

Palantir (NYSE: PLTR) has been a name both loved and hated, bought and shorted, talked about and forgotten. The real question for investors here is, what will my returns look like one, five, or 10 years from now?  For the past month, profit-taking and shorting were the right move. It would be...

Logistics plays a significant role in keeping the world economy moving. However, what keeps logistics moving? In 2020, we're seeing new global pressures, opportunities in ecommerce markets and alliances coalescing around new technologies. Here's a look at some of the top logistics trends impacting...

While the first quarter of 2020 has so far delivered the expected post-peak season soft market, the FreightWaves 2020 Freight Market Outlook predicts that capacity is slowly tightening. ACT new Class 8 truck orders ran below replacement rates for all of 2019 (see chart below), and prices for used...

Domino's Pizza, Inc. (NYSE: DPZ) began construction on a 59,000 square foot facility which will serve as a high-tech supply chain center, the company said Wednesday. Domino's new facility in Katy, Texas will be tasked with producing dough for more than 300 stores throughout the region,...

Loadsmart's showing on the FreightTech 25 caps a big year for the New York-based company. Along with a $19 million investment from the world's largest shipping line, Maersk, and the largest U.S. ports operator, Ports America, Loadsmart made its first move into intermodal trucking with a platform...

Freight brokers facing unfavorable market conditions and a squeeze on margins can improve their bottom lines by improving the efficiency of their back offices. A broker's main job is to find carriers to move freight for shippers, but the reality is that brokers often spend more time than...

Walmart Inc (NYSE: WMT), US' largest retailer and private employer has once again confirmed it is a grocery powerhouse as it issued its latest quarter earnings on Thursday. Its strong food business brought sales gains but its success is also owed to its impressive delivery infrastructure...

In a world full of fears of robots taking jobs, Boeing Co (NYSE: BA) is the company taking jobs from robots. The robots that have been assembling the fuselage sections for Boeing’s 777 and 777X jets aren’t being laid off, but some of their work is being taken over by human...