Business, Technology, Logistics, Autonomous

Robotics Firm AutoStore Plans IPO at $10 Billion Value

Automated warehouse robots, manufactured by AutoStore, deliver customer orders in Germany. Automated warehouse robots, manufactured by AutoStore, deliver customer orders in Germany. (Liesa Johannssen-Koppitz/Bloomberg News)

AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.

June 29, 2021
Government, Business, Technology, Autonomous

Ford Partners With University of Michigan on Robotics

Ford robot Robots walk across the floor of the University of Michigan's Ford Motor Co. Robotics Building. (Carlos Osorio/AP)

A grand opening was held March 16 for the four-story, $75 million, 134,000-square-foot Ford Motor Co. Robotics Building at the University of Michigan.

Corey Williams | Associated Press
March 16, 2021
Business, Technology, Logistics, Autonomous

Kodiak Robotics to Receive CES Award

Kodiak Robotics Kodiak Robotics

Self-driving technology startup Kodiak Robotics announced it was selected as a CES 2021 Innovation Awards honoree, with the presentation to come during the first all-digital CES, which runs Jan. 11-14.

Roger Gilroy | Senior Reporter
December 23, 2020
Business, Technology, Autonomous

Delivery Robot Operators Adjust to Home Environment

Postmates robot operators are performing their duties from home. (David Paul Morris/Bloomberg News)

Peter Daniels is one of the millions of Americans working from home because of the coronavirus, and he watches delivery robots as they roll along sidewalks 350 miles away.

Ira Boudway | Bloomberg News
May 20, 2020
Business, Technology, Safety

As Robots Introduced to Warehousing, Workers Have to Adapt

Warehouse Robots Amazon robots move along the warehouse floor with packages before finding the proper delivery chute, transporting packages from workers to chutes that are organized by zip code, at an Amazon warehouse facility. (Ross D. Franklin/Associated Press)

NORTH HAVEN, Conn. — Guess who’s getting used to working with robots in their everyday lives? The very same warehouse workers once predicted to be losing their jobs to mechanical replacements.

Matt O’Brien | The Associated Press
December 30, 2019
Business, Technology, Safety, Logistics, Autonomous

XPO Robots Assist UK Workers With Holiday Volumes

An XPO warehouse An XPO Logistics warehouse. The company says it invests about $550 million annually in innovation. (XPO Logistics)

XPO Logistics has increased its use of robots in the United Kingdom in anticipation of holiday retail volumes, the Connecticut-based company said in a Nov. 19 news release.

November 19, 2019
Business, Technology, Equipment, Autonomous

Boeing Scuttles Use of Robots for Fuselage Work on 777, 777X Jetliners

Boeing Boeing employees perform quality checks. (Alex FLynn/Bloomberg News)

Score one for the humans. After four years of trial and error, Boeing Co. is dumping one of its most ambitious forays into automation: the robots that build two main fuselage sections for its 777 jetliners and an upgraded version known as 777X.

November 14, 2019
Business, Technology, Autonomous

Robots Are Hurting Pay, Fed Study Finds

Robots Luke Sharrett/Bloomberg News

Automation has “contributed substantially” to reducing the portion of national income that goes to U.S. workers over the past two decades, according to a new study by economists at the Federal Reserve Bank of San Francisco.

Simon Kennedy | Bloomberg News
October 1, 2019
Business, Technology, Logistics

DHL Opens Chicago Innovation Center

DHL worker at Chicago Innovation Center Using Google Glass, a DHL worker remotely operates a Crown Rider Double Pallet Jack at the new Innovation Center in Chicago. (Dan Ronan/Transport Topics)

CHICAGO — Chicago’s long history as a transportation and logistics hub is one of the reasons DHL North America selected the city for its third Innovation Center worldwide. The Americas Innovation Center, which opened Sept. 12, showcases technologies that already have provided significant productivity increases.

Dan Ronan | Associate News Editor
September 12, 2019
Business, Technology, Autonomous

Robots Displacing Jobs Means 120 Million Workers Need Retraining

Robotic Arm Kiyoshi Ota/Bloomberg News

More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact on jobs, according to an IBM survey.

Shelly Hagan | Bloomberg News
September 6, 2019