Skip to content
Search AI Powered

Latest Stories

newsworthy

Seegrid: Demand for autonomous lift trucks set to rise in 2018

Strong activity last year to continue through 2018, firm says.

The increased adoption of automated vehicles for material handling has triggered escalating demand for self-driving technology that is on track to continue through 2018, one vendor says.

The trend is driven by the effort of manufacturing and distribution facilities to seek improvements in efficiency, safety, and profitability, according to the report from Seegrid Corp., a supplier of vision-guided vehicles and self-driving pallet trucks.


Pittsburgh-based Seegrid has been adding jobs, expanding its engineering and deployment departments, and expanding geographically into Canada and Europe over the past year, thanks to rising demand and a $12 million investment in 2016 by its majority shareholder, the regional grocery chain Giant Eagle.

Demand for autonomous lift trucks in 2017 came from new customers who are adopting automation, and from expanded orders by existing users in the automotive, e-commerce, and distribution sectors, the firm said.

Orders for self-driving vehicles will continue to be a priority capital investment for manufacturing and distribution leaders in 2018, as the technology becomes recognized as a best practice and large enterprise users increase their adoption rates in pursuit of improved workflow efficiency, Seegrid said.

"Manufacturing and e-commerce companies are under pressure to modernize their operations and transform their facilities into the smart factories of the future," Seegrid CEO Jim Rock said in a statement.

The report follows a study released in June 2017 by Oxford Economics that found the industrial truck industry—which includes automated guided vehicles (AGVs) and other automated truck technologies as well as traditional, driver-operated forklifts—had made a total contribution to the U.S. economy in 2015 of $25.7 billion.

The report was commissioned by the Industrial Truck Association (ITA), an industry group including manufacturers of lift trucks, tow tractors, rough-terrain vehicles, hand-pallet trucks, and automated guided vehicles. The overall contribution of those vehicles to the economy includes equipment manufacturing as well as support services such as sales, leasing, and rental operations; distribution and logistics; and training, maintenance, and repair services, ITA said.

The Latest

More Stories

Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

Keep ReadingShow less

Featured

From pingpong diplomacy to supply chain diplomacy?

There’s a photo from 1971 that John Kent, professor of supply chain management at the University of Arkansas, likes to show. It’s of a shaggy-haired 18-year-old named Glenn Cowan grinning at three-time world table tennis champion Zhuang Zedong, while holding a silk tapestry Zhuang had just given him. Cowan was a member of the U.S. table tennis team who participated in the 1971 World Table Tennis Championships in Nagoya, Japan. Story has it that one morning, he overslept and missed his bus to the tournament and had to hitch a ride with the Chinese national team and met and connected with Zhuang.

Cowan and Zhuang’s interaction led to an invitation for the U.S. team to visit China. At the time, the two countries were just beginning to emerge from a 20-year period of decidedly frosty relations, strict travel bans, and trade restrictions. The highly publicized trip signaled a willingness on both sides to renew relations and launched the term “pingpong diplomacy.”

Keep ReadingShow less
forklift driving through warehouse

Hyster-Yale to expand domestic manufacturing

Hyster-Yale Materials Handling today announced its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for certain portions of its lineup of forklift trucks and container handling equipment.

That means the Greenville, North Carolina-based company now plans to expand its existing American manufacturing with a targeted set of high-capacity models, including electric options, that align with the needs of infrastructure projects subject to BABA requirements. The company’s plans include determining the optimal production location in the United States, strategically expanding sourcing agreements to meet local material requirements, and further developing electric power options for high-capacity equipment.

Keep ReadingShow less
map of truck routes in US

California moves a step closer to requiring EV sales only by 2035

Federal regulators today gave California a green light to tackle the remaining steps to finalize its plan to gradually shift new car sales in the state by 2035 to only zero-emissions models — meaning battery-electric, hydrogen fuel cell, and plug-in hybrid cars — known as the Advanced Clean Cars II Rule.

In a separate move, the U.S. Environmental Protection Agency (EPA) also gave its approval for the state to advance its Heavy-Duty Omnibus Rule, which is crafted to significantly reduce smog-forming nitrogen oxide (NOx) emissions from new heavy-duty, diesel-powered trucks.

Keep ReadingShow less
screenshots for starboard trade software

Canadian startup gains $5.5 million for AI-based global trade platform

A Canadian startup that provides AI-powered logistics solutions has gained $5.5 million in seed funding to support its concept of creating a digital platform for global trade, according to Toronto-based Starboard.

The round was led by Eclipse, with participation from previous backers Garuda Ventures and Everywhere Ventures. The firm says it will use its new backing to expand its engineering team in Toronto and accelerate its AI-driven product development to simplify supply chain complexities.

Keep ReadingShow less