Stories tagged “Logistics.”
30 stories
Robots can outrun humans, but can they plug in a cable?
China's humanoid robots have shown they can run quicker than the fastest humans. Now comes the real test: can they also handle packaging and warehouse operations while reliably performing precision tasks like connecting cables.
A humanoid robot in China has broken the world record for the 100-meter dash, set by Jamaican sprinter Usain Bolt in 2009. The robot, built by the Beijing Innovation Center for Robotics, completed the dash in 9.39 seconds, beating Bolt's record of 9.58 seconds. The robot'…
Royal Mail missed its first and second class delivery targets between March and June, but reported improvements. The company aims to meet regulator Ofcom's goals by May 2027.
Russian President Vladimir Putin has ordered the government to launch a program to rebuild warehouses damaged by Ukrainian attacks. The program aims to restore the facilities on a new technical level.
Iranian strikes on a Navy base in Bahrain damaged the aircraft carrier U.S.S. Abraham Lincoln's supply problems, forcing the Pentagon to find a new logistics hub.
The first ship of the China-Europe Polar Fast Shipping route, 'Dubai Tower', set sail from Jiangsu Taicang on August 17, marking the opening of a new high-efficiency logistics channel between China and Europe. The ship, operated by Haijie Shipping Company, carried 183 sma…
The PLA Eastern Theatre Command conducted a "wartime financial support" drill, using a drone to deliver cases of gold bars, New Taiwan dollars, and US dollars to troops, reportedly simulating a Taiwan operation. The state media report detailing the exercise was later dele…
XDel, a Singapore-based courier service, has increased its delivery capacity by 30% and reduced its monthly fuel bill by 20% through the use of real-time route planning and automation. The company's proprietary Vehicle Route Planning system dynamically recalculates routes…
Senegal-Mali: Transporters want to improve fluidity on the Dakar-Bamako axis
Transporters between Senegal and Mali are seeking solutions to severe congestion on the southern Dakar-Bamako corridor, which has become saturated due to a security-induced shift in traffic from the northern route.
Amancio Ortega Docks in Australia's Ports to Seal 15% Purchase of Qube Holdings
Amancio Ortega's family office, Pontegadea, has finalized the purchase of a 15% stake in Qube Holdings, an Australian port and logistics company, for approximately 1.07 billion euros. The deal was led by Macquarie and also involved Unisuper, a pension fund.
Shiprocket's FY26 net consolidated losses widened by 6.5% YoY to ₹79.2 Cr while operating revenue grew 24% to ₹2,024 Cr. The startup is aiming for a valuation of around ₹7,000 Cr in its upcoming IPO.
Japanese yen stablecoin issuer JPYC has completed an extension of its Series B funding round, bringing the cumulative total to approximately $38 million (6 billion yen). Logistics group AZ-COM Maruwa Holdings joined as a new investor, with JPYC planning to use the capital…
Germany's new transport minister, Steffen Bilger, is meeting with industry leaders to discuss solutions for the low water crisis on the Rhine. The crisis is affecting the country's economy and logistics.
The Economic Coordination Committee has approved a sovereign guarantee of Rs. 27.6 billion for the Sialkot-Kharian Motorway project, marking a significant step toward advancing one of Pakistan’s key infrastructure developments.
Ukrainian drone strikes killed at least two people in Russian regions along the Volga River and targeted a warehouse belonging to Wildberries, Russia’s largest online retailer, as Kyiv escalates attacks on economic targets.
For the first time in India, a live human heart was transported via the Vande Bharat Express train from Surat to Ahmedabad for a transplant, covering 250 km in 217 minutes.
Meesho's Q1 FY27 earnings call revealed five strategic takeaways, including AI-led seller onboarding, logistics, Meesho Mall, Content Commerce, and its recent acquisition of Kirana Club.
DoorDash is launching a new drone delivery program called DoorDash Air, which has received approval from the Federal Aviation Administration. The company will build its own drones, designed specifically for food delivery, and establish the necessary ground-level infrastru…
Freehand, an enterprise AI startup, has raised $75 million in a Series B funding round to scale its autonomous AI agents, which manage complex supply chain spend and back-office operations for Fortune 500 companies.
The government has directed the National Logistics Corporation (NLC) to expand the Sost Dry Port into a strategic export hub while accelerating efforts to strengthen Pakistan’s regional trade connectivity with China and Central Asia.
Flipkart's Ekart has opened its logistics network to MSMEs, D2C brands, and enterprises through a franchise model, backed by 300+ outlets and over 1 Mn sq ft of warehousing capacity.
IndiaMART will invest ₹65 Cr in Fleetx by subscribing to 4,630 CCPS, increasing its stake in the fleet management startup to 25.8%. The investment reinforces IndiaMART's strategy of expanding its SaaS portfolio beyond its core B2B marketplace through investments in enterp…
Flipkart and Eight Roads Ventures have offloaded Shadowfax shares worth ₹1,654.4 Cr through bulk deals, marking another partial exit by early backers of the listed logistics company.
Ukrainian drone strike ignites major blaze at Saint Petersburg warehouses
A Ukrainian drone strike caused a massive fire at a Wildberries warehouse near Saint Petersburg, disrupting flights at Pulkovo Airport and injuring three people, according to Russian authorities.
Eric Trump-backed Foundation Future Industries is partnering with AMD to develop humanoid robots for military and industrial use. The robots will be powered by AMD's Ryzen AI Embedded X100 Series processors.
RouteCost is a new multi-stage AI framework designed to accurately estimate pre-order shipping costs in e-commerce by accounting for complex factors beyond simple distance. It decomposes the problem into demand forecasting, baseline pricing, residual correction, and box-c…
J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services throughout the U.S. and to destinations in Canada and Mexico. The company has approximately 35,000 employees and its shares are a component of the S&P 500.
Japanese logistics company AZ-COM Maruwa Holdings plans to adopt the JPYC stablecoin to make payments to around 2,300 business partners, allowing faster and more frequent payments.
Amazon is closing another major facility in Florida, affecting nearly 500 employees. The closure follows a separate Amazon facility shutdown in the state that affected more than 600 workers.
Saudi Arabia is investing $252 million to boost its ports on the Red Sea with logistics centers. The move aims to increase the capacity of the ports, improve the efficiency of supply chains, and support the growth of trade and exports.