Business, Technology, Autonomous

Robots Aren’t Yet Killing Off All Our Jobs, World Bank Says

Robot Kiyoshi Ota/Bloomberg News

The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by machines.

Natalia Drozdiak | Bloomberg News
January 3, 2019
Business, Technology, Equipment, Autonomous

Fiat Said to Weigh Robotics Unit Sale for Up to $2.3 Billion

Fiat Motors Factory Matthew Lloyd/Bloomberg News

Fiat Chrysler Automobiles NV is considering options for its robotics arm, Comau, including a potential sale at a value of 1.5 billion euros to 2 billion euros ($1.7 billion to $2.3 billion), sources familiar with the matter said. The shares rose the most since July.

Bloomberg News
November 26, 2018
Business, Technology, Logistics

Robots Take On the Final Mile

Fleet of small robots The delivery of food and small packages in urban areas has been identified as a potential application for sidewalk robots. (Starship Technologies)

Imagine if the next time you place an order for delivery from your favorite local restaurant, you’re greeted at your door not by a person but by an urban delivery robot.

Gary Frantz | Contributing Writer
August 24, 2018
Business, Technology, Logistics

Teradyne Expands in Warehouse Robotics

Warehouse automation AP

Danish autonomous robot manufacturer Mobile Industrial Robots was acquired by Teradyne Inc. for $148 million in cash, with an additional $124 million paid if several performance milestones are met through 2020.

Transport Topics
April 30, 2018
Business, Technology, Logistics, Autonomous, TCA

FedEx Cancels Indiana Shipping Hub Project, Citing Increased Automation at Other Facilities

Getty Images

Two months after crediting Republican tax cuts with fueling new investment in Indianapolis, FedEx has canceled a plan to build a large new project in Greenwood, Ind.

James Briggs | The Indianapolis Star
March 27, 2018

Warehouse Operators Look to Automation to Boost Capabilities, Ease Shortage of Labor

An Intelligrated Palletizer in action A robotic palletizer can work many times faster than humans to assemble products for shipment. (Intelligrated Inc.)

Warehouse operators are looking for ways to automate their operations to meet increasing demands for e-commerce fulfillment services and to compensate for what appears to be a growing shortage of workers.

November 13, 2017
Business, Technology, Logistics, Autonomous

This E-Commerce Company Pays for Warehouse Worker Weddings. Will the Perk Survive Automation?

A Boxed Box Boxed

Tech entrepreneurs have long lavished perks on coders and engineers, the free massages, ping pong tables and free food of Valley lore.

Jing Cao | Bloomberg News
August 7, 2017

FedEx's Fred Smith: 'Don't Be Afraid of Technology'

Aaron M. Sprecher/Bloomberg News

Should we be worried about robots taking our jobs? Some of us, maybe — look what happened to Blockbuster video clerks — but collectively, no, FedEx chief Frederick Smith told student researchers gathered at the University of Memphis on April 6.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
April 7, 2017

Amazon’s Warehouse Robot War Is Spreading

David Paul Morris/Bloomberg News

Amazon’s acquisition of Kiva set off an arms race among robot makers and shippers across the United States who scurried to keep up with the e-commerce giant.

Patrick Clark and Kim Bhasin | Bloomberg News
April 6, 2017

In Warehouses of the Future, Robots Do the Walking

Fetch Robotics Inc.

Warehouse workers who used to tire themselves out walking from one end of a sprawling building to the other have new tools to do their jobs more quickly and with a lot less shoe leather: robots.

April 3, 2017