warehouse logistics
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Technology
Augmented reality could solve unskilled labor problem in warehouses
Augmented reality can help managers visualize warehouse operations better and train workers on a virtual 3D interface.
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American Shipper
COVID-19’s opportunity for global supply chains (with video)
Rosenthal predicts Internet-based distribution to jump as high as 50%.
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News
Cold storage gets $1.6 billion richer
It appears Lineage Logistics will be able to sustain its 60% annual cubic-foot growth rate. The company announces an equity raise landed it with $1.6…
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Air Cargo
E-commerce logistics, airfreight fuel Kerry Logistics’ 1H profit
Hong Kong-based 3PL’s warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
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Technology
Warehouse picking robot startup XYZ raises $17 million
Massachusetts-based XYZ Robotics says its robots can pick anything and place it anywhere.
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News
Prologis to train 25,000 workers to bridge logistics ‘hiring gap’
Prologis Community Workforce Initiative announces plan to prepare 25,000 workers for a career in the logistics industry by 2025.
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News
Equivalent of 2.5% of world GDP moves through Prologis facilities — report
A new report commissioned by Prologis reveals the company’s logistics warehouse footprint encompasses $2.2 trillion of goods annually. Logistics real estate demand continues to see…
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Air Cargo
DHL injects $1.6M into new Indianapolis life sciences facility
DHL located a new life sciences warehouse in Indianapolis because the city has many pharmaceutical companies in the area.
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Company earnings
Prologis sees market for logistics space turn corner from pandemic
Logistics REIT Prologis sees demand for space accelerate even as e-commerce activity recedes to near-normal levels. 2020 outlook raised on market tightness.
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American Shipper
Amazon to build giant central Texas fulfillment center
Amazon’s Pflugerville fulfillment center will be located off State Highway 130, a rapidly expanding business corridor in central Texas.
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