In a landmark move, CJ Logistics America, in partnership with the Korea Ocean Business Corporation (KOBC), is set to build an ambitious 1.1-million-square-foot logistics center in Elwood, Illinois. Expected to be operational by the first half of 2026, this project marks a significant development in
The collaborative robot (cobot) industry is undergoing a significant transformation, driven by technological advancements and a competitive market. Manufacturers like Universal Robots, Doosan Robotics, and Techman Robot are at the forefront, striving to create cobots that are lighter yet capable of
The inauguration of J&T Global Express Ltd's first self-built smart supply chain industrial park in Yangzhou City, Jiangsu Province, China was a significant milestone for the company. Launched on October 11, 2024, the Jiangsu Baoying Industrial Park represents an investment of RMB 1.5
Elixia Robotics, a logistics automation startup founded in 2022 by Sanket Sheth, has recently caught the attention of investors by securing $1 million in a pre-Series A funding round. This funding round was led by JITO Incubation and Innovation Foundation (JIIF) and included prominent investors
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
