Automation

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...

This article by Patricia Miller was originally published on Cannabis & Tech Today, and appears here with permission. With $7 billion, you could buy the Buckingham Palace seven times. Or you could own the majority of the global cannabis extraction market in 2019, worth a whopping $7.3...

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...

This article was originally published on Cannabis & Tech Today, and appears here with permission. To some, artificial intelligence (AI) may be categorized next to the likes of Bitcoin and blockchain: it’s just another techie buzz word. For others, artificial intelligence could...

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...

The logistics industry is in the midst of a technological revolution. The tech uproar created a prime environment for startups to enter the space, providing innovative products and disrupting the status quo. On the flip side, the amped-up environment can also be a breeding ground for hype and...