AI in Logistics News Updates

The platform combines core transportation management functions with optional add-ons, allowing companies to expand the system based on their operational needs.

The separation of the division will allow Eaton to focus on its electrical and aerospace businesses, which are benefiting from the AI-driven data center boom.

Japanese robot software developer Mujin plans to go public by 2030, building up funds and momentum to capture fast-growing demand for factory-use AI.

The loan comes as giant tech companies are borrowing heavily to expand the artificial intelligence infrastructure buildout.

The gap in goods and services trade shrank 1.2% in April from the prior month to $55.9 billion, Commerce Department data showed June 9.

Amazon sold C$14 billion in high-grade bonds, the largest corporate debt offering on record in the currency, after drawing about twice that amount in demand. 

Investors betting that more old-world auto companies are in line to benefit from the boom in AI got another stamp of approval from Wall Street.

WWEX Group and technology company Auctane announced the completion of their merger into ShipStation Global on June 1.

Big companies are goading workers to start using AI. Or they're gatekeeping access to it — the stance is evolving as computing costs mount.

Ford’s newfound status as a possible beneficiary of the artificial intelligence boom sparked an investor frenzy, with its stock surging more than 40% in May.