Strong 2022 seen for equipment leasing and software
December 15, 2021
2022 Economic Outlook report from the Equipment Leasing & Finance Foundation forecasts 4.6% expansion in equipment and software investment growth
Toyota Material Handling announces CEO retirement and succession plan
December 14, 2021
Bill Finerty will succeed Jeff Rufener as President & CEO on January 1, 2022
Concentric, an OnPoint Group Company, acquires Virginia-based battery provider, Weldex Sales
December 14, 2021
Acquisition strengthens Concentric’s footprint in Virginia while expanding solutions like lithium and hybrid power systems to a new customer base.
Symbotic to become a public company in partnership with SoftBank
December 14, 2021
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
December 14, 2021
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
December 14, 2021
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
December 14, 2021
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
December 14, 2021
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
December 14, 2021
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
December 14, 2021
Total funding for the year for autonomous mobile robot (AMR) vendor reaches over $60 million
US Foods keeps truck fleet clear in winter
December 13, 2021
Plow assembly helps keep snow off trailer roofs, increasing safety and eliminating fines.
Online retailer installs cooling system
December 13, 2021
The self-contained cooling system offers considerable energy savings.
Packaged goods company improves fulfillment
December 13, 2021
Using a warehouse accelerator, the company decreased workforce planning considerably.
Town Center Nissan Acquires a Two-Story Mezzanine
December 13, 2021
The mezzanine offers the automotive dealership additional storage capability.
Parts Town installs goods-to-person system
December 13, 2021
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
December 13, 2021
$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
December 10, 2021
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
December 8, 2021
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
December 8, 2021
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
December 7, 2021
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%.