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Topic: News


Equipment finance confidence eases in February
The Equipment Leasing & Finance Foundation's monthly confidence index for February comes in at 61.8, down from 63.9 index level for January

Retail sales for 2022 start on strong footing even with challenges, note Commerce and NRF
U.S. retail sales began 2022 where 2021 ended—with solid growth—despite issues posed by Omicron variant and high levels of inflation, according to data respectively issued today by the United States Department of Commerce and the National Retail Federation (NRF).

Murata Machinery USA expands on AGV lineup, partnering with AGVE Group
AGVE is a leading Swedish manufacturer of AGV systems and controls, and part of Murata Machinery Group

Warehouse robotics startup Addverb Technologies expands into Americas
Coming on heels of $132 million Series B funding round, company names US-based management team, sets its sights on creating fully automated warehouse solutions

Fortna acquires slotting optimization provider Optricity
Move positioned as strengthening Fortna's warehouse optimization offerings, amplifying order fulfillment speed and accuracy

CSS celebrates 50 years of service
The CSS Industry Group is to promote the market growth and effective use of conveyor and sortation systems in manufacturing, warehousing, distribution and other key markets.

Körber to acquire Siemens Logistics’ mail and parcel business for €1.15 billion
With around 1,200 employees, Siemens Logistics mail and parcel business generates annual revenue of about €500 million.

Modex 2022 attendees planning supply chain investments
Attendees are looking for more automation, tech and e-commerce solutions to move their supply chains forward amid continued disruption

Rough terrain forklift provider Sellick Equipment names Colin Sellick as president
A third-generation member of the family that founded the company takes helm as president

Kollmorgen tests 5G with Ericsson to explore autonomous mobile robot benefits
Kollmorgen, which supplies autonomous vehicle tech to companies that offer driverless lift trucks, sees potential benefits in 5G for mobile robots in intralogistics

AIM, leading alliance for AIDC industry standards and advocacy, launches new strategic vision
Further establishes organization as the key influencer in advancing the AIDC industry and associated technologies

MHI announces 2022 Innovation Award finalists
MHI just released the list of finalists for the 2022 MHI Innovation Award.

Prologis report highlights myriad challenges for industrial real estate market occupiers
The most recent edition of the Industrial Business Indicator (IBI), which was issued by San Francisco-based real estate investment trust company Prologis continued to highlight ongoing trends in the industrial real estate sector, relating to vacancy, rents, and space utilization, among other factors.

Mini Case History: Smarter materials transport in the four walls
Highly maneuverable, battery-operated motorized vehicles impact efficiency and employee satisfaction at Cotterman Company.

JT Energy Systems acquires stake in NOVUM, targeting lithium battery sustainability
Technological cooperation expected to extend battery lifetimes via AI-based analysis of used lithium-ion batteries down to cell level

ABB industrial transformation study shows tie between digitalization and sustainability
International survey of 765 decision-makers reveals that while 96 percent believe digitalization is “essential to sustainability,” just 35 percent have implemented Industrial IoT solutions at scale

Novanta partners with MassRobotics to advance next generation of robotics
Novanta business units Celera Motion and ATI Industrial Automation will collaborate with MassRobotics to enable innovations in medical/surgical robotics and other applications

Talking Supply Chain Podcast: Surviving on the Supply Chain Highwire
On this episode, Stanley Fawcett and Michael Knemeyer discuss what supply chain managers can learn from Cirque du Soleil. SCMR’s Editorial Director Bob Trebilcock hosts.

MHI industry group launches search engine for protective guarding equipment
The Protective Guarding Manufacturers Association (ProGMA) new online tool supports end users looking for the right products for their varying facilities.

ISM report points to Services sector growth in January
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 59.9 (a reading of 50 or higher signals growth)—was off 2.4% compared to December’s 62.3. The Services PMI grew for the 20th consecutive month, with services sector growth intact for 142 of the last 144 months through December.


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