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Topic: News


Symbotic to become a public company in partnership with SoftBank
Symbotic offers a robotics and automation-based product movement technology platform. The SPAC deal is expected to further the company's growth.

ALAN mobilizes in wake of tragic tornado outbreak
Non-profit American Logistics Aid Network activates its efforts to be ready with logistics assistance, when requested by humanitarian organizations

PACK EXPO East brings latest packaging & processing solutions to the East Coast
400 exhibitors set for PACK EXPO East 2022, March 21-23, in Philadelphia

ISM Semiannual report issues positive 2022 outlook for manufacturing and services sectors
For manufacturing, ISM is estimating a 6.5% 2022 revenue gain, trailing the 7.2% estimate, for 2021, made in its previous report in May 2021. And on the services side, the report said that its panelists are calling for 2022 revenues to see a 4.3% annual gain, in line with 2021’s 4.8% increase.

Körber and KKR form strategic partnership focused on supply chain software
Strategic partnership takes aim at enhanced capabilities for customers amid increasing supply chain complexity

Plug Power and Certarus partner on green hydrogen supply chain expansion
Plug Power to supply up to 10 tons per day of green hydrogen, with Certarus serving as preferred third-party logistics provider

ForwardX Robotics opens Series C Funding with $31 million
Total funding for the year for autonomous mobile robot (AMR) vendor reaches over $60 million

US Foods keeps truck fleet clear in winter
Plow assembly helps keep snow off trailer roofs, increasing safety and eliminating fines.

Online retailer installs cooling system
The self-contained cooling system offers considerable energy savings.

Packaged goods company improves fulfillment
Using a warehouse accelerator, the company decreased workforce planning considerably.

Town Center Nissan Acquires a Two-Story Mezzanine
The mezzanine offers the automotive dealership additional storage capability.

Parts Town installs goods-to-person system
As a result, the company’s picking speeds rose to more than 150 lines per hour.

Ryder to acquire ecommerce and omnichannel fulfillment provider Whiplash
$480 million deal will expand Ryder’s footprint to include Whiplash's 19 dedicated and multi-client warehouses totaling nearly seven million square feet providing access to key port operations and gateway markets.

MHPN - Material Handling 24/7: Readers’ Choice Products of the Year 2021 Winners
Material Handling Product News and MaterialHandling247.com are pleased to announce the recipients of a 2021 MHPN Products of the Year Readers' Choice Award.

CMA CGM Group to acquire most of Ingram Micro’s CLS contract logistics business
Deal valued at $3 billion touted as accelerating the group's supply chain capabilities in contract logistics and ecommerce expertise

Swisslog helps Master Electronics growth by maximizing capacity and productivity
Configured by Swisslog, the system brings together AutoStore automation and picking stations, optimized by Swisslog's SynQ software

CBRE: Q3 data shows tighter industrial vacancies and steeper rents
Report, “Industrial Occupiers Experiencing Sticker Shock at Lease Expiration,” pointed to how strong demand and new construction delays have reduced the industrial vacancy rate down to 3.6% in the third quarter, whereas annual rent growth increase a record-high 10.4%.

Cornerstone Specialty Wood Products’ new manufacturing facility nears completion
New $15 million greenfield manufacturing facility, located in a suburb of Louisville, Kentucky, will enable Cornerstone to increase its manufacturing output by more than double its current capacity for its engineered flooring panel and shelving products.

Material handling integrator takes on established industrial rack repair line
National Rack Repair, Indiana-based integrator, now the North American home for Rack Avenger repair brand

Alert Innovation opens new Gamma Lab for R&D testing and demonstrations
Grocery automation and micro fulfillment systems solution provider sees facility as platform to help drive the future of retal automation.


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