Hyundai Rotem has taken a monumental step in transforming the automated logistics landscape, particularly at South Korea's Gwangyang Port. Recently, the company secured an 82.8 billion won contract from the Yeosu Gwangyang Port Corporation to produce and deliver automated guided vehicles (AGVs).
The advent of the Internet of Things (IoT) has ushered in a new era of industrial efficiency, fundamentally transforming how industries operate. By connecting machines, sensors, and systems, IoT technology enables real-time data acquisition, predictive maintenance, energy management, and supply
Logistics has long been a complex chess game of coordination, involving multiple stakeholders such as suppliers, transporters, warehouses, and clients. As the industry evolves, the integration of blockchain-based smart contracts is heralding a transformational shift in how logistical operations are
In recent years, technological advancements and strategic shifts have redefined inventory management, greatly impacting warehouse operations and supply chain logistics. Moving from a "just-in-case" mentality, driven by the COVID-19 pandemic, to a more balanced and data-driven approach, businesses
The global logistics automation market is experiencing an unprecedented surge, driven by various factors including increasing efficiency needs, enhanced workforce safety, the explosive growth of e-commerce, and significant advancements in robotics. Recent data indicates that this market is
The year 2024 marks a significant leap forward in the evolution of lift truck technology, revolutionizing the landscape of warehousing. In a bid to address the multifaceted demands of contemporary material handling, these innovations focus on improving visibility, enhancing safety, leveraging
