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FedEx breaks ground on a new kind of facility

FedEx is funding a facility to house families of patients at Le Bonheur Children's Medical Center.

FedEx breaks ground on a new kind of facility

When children must be hospitalized for extended periods far from home, it can be tough for their families to find an affordable place to stay. FedEx Corp., which has a long history of supporting children's charities, is helping to address that problem by funding FedExFamilyHouse, a facility that's slated to open next year at Le Bonheur Children's Medical Center in FedEx's hometown of Memphis, Tenn. FedEx Chairman, President, and CEO Fred Smith and his wife Diane, and Executive Vice President and CFO Alan Graf, Jr. and his wife Susan also made substantial personal contributions.

Construction began in August on the house, which will include 24 family suites, plus indoor and outdoor dining and recreational areas, a business center, a teen lounge, kitchen and laundry facilities, and a conference room, among other amenities. FedExFamilyHouse will be LEED certified as a sustainable building, one of the first pediatric residences to earn that designation.

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Mobile robots, drones move beyond the hype

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Supply chains are poised for accelerated adoption of mobile robots and drones as those technologies mature and companies focus on implementing artificial intelligence (AI) and automation across their logistics operations.

That’s according to data from Gartner’s Hype Cycle for Mobile Robots and Drones, released this week. The report shows that several mobile robotics technologies will mature over the next two to five years, and also identifies breakthrough and rising technologies set to have an impact further out.

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Cimcorp's new CEO sees growth in grocery and tire segments

Logistics automation systems integrator Cimcorp today named company insider Veli-Matti Hakala as its new CEO, saying he will cultivate growth in both the company and its clientele, specifically in the grocery retail and tire plant logistics sectors.

An eight-year veteran of the Georgia company, Hakala will begin his new role on January 1, when the current CEO, Tero Peltomäki, will retire after a long and noteworthy career, continuing as a member of the board of directors, Cimcorp said.

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Although many shoppers will return to physical stores this holiday season, online shopping remains a driving force behind peak-season shipping challenges, especially when it comes to the last mile. Consumers still want fast, free shipping if they can get it—without any delays or disruptions to their holiday deliveries.

One disruptor that gets a lot of headlines this time of year is package theft—committed by so-called “porch pirates.” These are thieves who snatch parcels from front stairs, side porches, and driveways in neighborhoods across the country. The problem adds up to billions of dollars in stolen merchandise each year—not to mention headaches for shippers, parcel delivery companies, and, of course, consumers.

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Board acquires Prevedere to build business prediction platform

The Boston-based enterprise software vendor Board has acquired the California company Prevedere, a provider of predictive planning technology, saying the move will integrate internal performance metrics with external economic intelligence.

According to Board, the combined technologies will integrate millions of external data points—ranging from macroeconomic indicators to AI-driven predictive models—to help companies build predictive models for critical planning needs, cutting costs by reducing inventory excess and optimizing logistics in response to global trade dynamics.

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Vecna Robotics names Iagnemma as new CEO

Material handling automation provider Vecna Robotics today named Karl Iagnemma as its new CEO and announced $14.5 million in additional funding from existing investors, the Waltham, Massachusetts firm said.

The fresh funding is earmarked to accelerate technology and product enhancements to address the automation needs of operators in automotive, general manufacturing, and high-volume warehousing.

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