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Posts Tagged ‘logistics’

Vast majority of truck-driving jobs are not under threat from automation

The looming threat of mass-unemployment driven by automation has been grossly overstated: while it's true that "truck driver" is one of the most common jobs in America, the vast majority of truck drivers are not long-haul drivers, which are the drivers at risk of having their jobs automated out of existence.

What's more, ...

Volvo’s sporty looking Vera self-driving electric truck will go to work in Sweden

The Vera autonomous, electric truck from Volvo’s trucking subsidiary is not what you might expect in a transport truck – it looks like a road-hugging sportscar, something emphasized by its lack of a place for humans to sit. The real reason it looks like this is that it’s totally self-driving, however – and tailor-made for ...

Walmart announces it will fully integrate Jet’s teams, but Jet will remain a standalone brand

Three years after acquiring Jet for $3 billion, Walmart announced today that it is now more fully integrating Jet’s teams into Walmart. Jet will continue to operate as a standalone brand, mainly in large cities. Jet president Simon Belsham will support the transition through early August. After that, Jet will be managed by Kiernan Shanahan, ...

FedEx ends express delivery contract with Amazon

FedEx will not renew a contract with Amazon to provide express delivery for the e-commerce giant’s packages in the United States. FedEx, which made the announcement Friday, said in a statement the change would not affect other existing contracts with Amazon or international services. FedEx Express only impacts air services. FedEx will still serve as ...

IBM-Maersk blockchain shipping consortium expands to include other major shipping companies

Last year IBM and Danish shipping conglomerate Maersk announced the limited availability of a blockchain-based shipping tool called TradeLens. Today, the two partners announced that a couple of other major shippers have come on board. The partners announced that CMA CGM and MSC Mediterranean Shipping Company have joined TradeLens. When you include these companies together ...

India’s FreshToHome raises $11 million to expand its fish, meat, and vegetable e-commerce platform

Shan Kadavil, who spent early days of his career managing tech support firm Support and then heading India operations of gaming firm Zynga, says he had a calling of sorts when his son was born. Kadavil realized that much of the meat that sells in India is not exactly healthy. The perishables are loaded with ...

The savage genius of SoftBank funding competitors

Venture capitalists aren’t supposed to make their portfolio companies battle to the death. There’s a long-standing but unofficial rule that investors shouldn’t fund multiple competitors in the same space. Conflicts of interest could arise, information about one startup’s strategy could be improperly shared with the other, and the companies could become suspicious of advice provided ...

SmileDirectClub plans to 3D print 50,000 teeth-straightening molds a day

The medical industry has long been considered one of the most promising sources of growth for industrial 3D printing. It makes sense — getting a good fit requires the sort of exact measurements that can be accommodating by scanning and printing. Dental in particular has been a key driver, perhaps most notably in the case ...

Beyond costs, what else can we do to make housing affordable?

In this section of my exploration into innovation in inclusive housing, I am digging into the 200+ companies impacting the key phases of developing and managing housing. ...

JD.com to foster connected vehicle fleets with $55M investment

JD.com, the Chinese answer to Amazon and Alibaba’s long-time rival, is looking to further automate its logistics network after agreeing to pour 376 million yuan (around $55 million) into Jiangsu Xinning Modern Logistics in exchange for up to 10 percent stake. That’s according to a filing released on Monday by Xinning, a China-listed logistics firm ...