Investor interest in building and acquiring warehouses in the age of Amazon.com Inc. is overheating, and there might be more distribution centers created than there will be tenants to fill them, billionaire Sam Zell said.
At its high-tech laboratories in the Chinese manufacturing hub of Shenzhen, Beike Biotechnology is developing medical robots that could help treat cancer. It has big plans to export these to markets like the United States.
For Prologis Inc., the world's largest warehouse owner, the biggest challenge to growth has been acquiring land in the markets most important to its e-commerce tenants. The solution: Buy a rival.
The United States lags behind other countries in readiness for an increasingly automated world, placing ninth on a ranking of 25 advanced economies, according to a new report from Swiss technology giant ABB.
When Bert Hooper brings on new workers at TechStyle Fashion Group’s 450,000 square-foot warehouse in Perris, California, he tells them, “If you know how to use a smartphone and you know how to use an app, you can do about any operation that we have in our facility.”
DHL and IBM have released a joint report on the development of artificial intelligence (A.I.) technology and its potential to change the logistics industry — noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive.
First they took the factory jobs; next, robots are expected to replace mortgage brokers, paralegals, and accountants. It has always been assumed, however, that jobs requiring human interaction would remain safe.