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Con-way Inc. has renamed its truckload operating unit. The division, which was formerly known as Contract Freighters Inc. (CFI), will now be called Con-way Truckload. The business unit includes more than 2,800 tractors, 8,000 trailers, and 3,500 employees. … Investment firm Hennessey Capital Southeast has formed three new companies from the assets of Nuco Express, a Tampa, Fla.-based storage and transportation company that went bankrupt. The three new companies are HenneCold Storage, BenCo Transportation, and Hennco Logistics. … Intelligrated has relocated its Southern Operations division to new offices in Alpharetta, Ga. … Schneider Electric has opened an OEM Technology and Solutions Center in Raleigh, N.C., that will provide technical and application support to developers of automation and controls equipment. … Freight forwarder and logistics solutions specialist SEKO has opened a new office in Dublin, Ireland, and expanded its operations in Charlotte, N.C. The company has also opened a new office in Miami to support its growing Central and South American business. … Daifuku is acquiring Jervis B. Webb Co. Jervis B. Webb is based in Farmington Hills, Mich., and like Daifuku, is a provider of material handling systems. Webb will function as a new core business within the Daifuku Group. … Associated Material Handling Industries, which is currently based in Carol Stream, Ill., is building a new 90,000-square-foot facility in Addison, Ill. The site will serve as Associated Material Handling Industries' corporate headquarters and house its Central Division Operations.

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AI sensors on manufacturing machine

AI firm Augury banks $75 million in fresh VC

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said today.

According to Augury, its goal is deliver a new generation of AI solutions that provide the accuracy and reliability manufacturers need to make AI a trusted partner in every phase of the manufacturing process.

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AMR robots in a warehouse

Indian AMR firm Anscer expands to U.S. with new VC funding

The Indian warehouse robotics provider Anscer has landed new funding and is expanding into the U.S. with a new regional headquarters in Austin, Texas.

Bangalore-based Anscer had recently announced new financial backing from early-stage focused venture capital firm InfoEdge Ventures.

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Report: 65% of consumers made holiday returns this year

Report: 65% of consumers made holiday returns this year

Supply chains continue to deal with a growing volume of returns following the holiday peak season, and 2024 was no exception. Recent survey data from product information management technology company Akeneo showed that 65% of shoppers made holiday returns this year, with most reporting that their experience played a large role in their reason for doing so.

The survey—which included information from more than 1,000 U.S. consumers gathered in January—provides insight into the main reasons consumers return products, generational differences in return and online shopping behaviors, and the steadily growing influence that sustainability has on consumers.

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Automation delivers results for high-end designer

When you get the chance to automate your distribution center, take it.

That's exactly what leaders at interior design house Thibaut Design did when they relocated operations from two New Jersey distribution centers (DCs) into a single facility in Charlotte, North Carolina, in 2019. Moving to an "empty shell of a building," as Thibaut's Michael Fechter describes it, was the perfect time to switch from a manual picking system to an automated one—in this case, one that would be driven by voice-directed technology.

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In search of the right WMS

IT projects can be daunting, especially when the project involves upgrading a warehouse management system (WMS) to support an expansive network of warehousing and logistics facilities. Global third-party logistics service provider (3PL) CJ Logistics experienced this first-hand recently, embarking on a WMS selection process that would both upgrade performance and enhance security for its U.S. business network.

The company was operating on three different platforms across more than 35 warehouse facilities and wanted to pare that down to help standardize operations, optimize costs, and make it easier to scale the business, according to CIO Sean Moore.

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