Technology

FreightWaves Staff Tuesday, September 29, 2020

Prologis Ventures managing partner sees e-commerce driving warehouse tech boom (with video)

William O’Donnell, managing partner of Prologis Ventures, the venture capital arm of the logistics real estate trust Prologis, cited a jaw-dropping stat in a discussion with FreightWaves CEO Craig Fuller on Tuesday.  According to a recent study, every 100 basis points in the shift of consumer spending from traditional retail to e-commerce equates to 46 […]

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Riding warehouse robotics wave, Exotec raises $90M

French company Exotec has raised $90 million to expand its autonomous robotics system as online shopping intensifies demand for more efficient warehouse management. The round, announced on Tuesday, was led by 83North — with participation from Dell Technologies Capital and existing investors Iris Capital and Breega. Operating at the intersection of robotics and materials handling, […]

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Wilson Logistics to equip 1,120 tractors with Locomation truck platooning technology

Truck platoon technology company Locomation has announced a rare deal for the sector: a hefty purchase order from Wilson Logistics, a transportation logistics company based in Springfield, Missouri. Under the terms of the agreement, at least 1,120 Wilson Logistics tractors are to be equipped with Locomation’s Autonomous Relay Convoy (ARC) technology, with the first units […]

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