The recent success and technological advancements of Dexory, a UK-based AI and robotics company, have had a significant impact on the warehouse and logistics sector. Dexory recently secured $80 million in Series B funding to further its AI-driven capabilities and expand its global team, in addition
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).
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 logistics industry is undergoing a transformative phase as it increasingly adopts cutting-edge technologies to enhance efficiency and productivity. Quicktron Intelligent Technology Co., a Shanghai-based leader in mobile robotics for logistics, recently took a monumental stride by securing over
The warehouse robotics market is poised for explosive growth, projected to triple in value by 2032. Valued at USD 5.68 billion in 2023, it is expected to reach an impressive USD 16.58 billion. This remarkable expansion is largely fueled by the continuing rise of e-commerce, which necessitates rapid
