Skip to content
Search AI Powered

Latest Stories

Hyundai teams with pharmacy startup to build autonomous prescription delivery

Pilot will launch in 2022 serving two micro-fulfillment centers in the Los Angeles area with automated dispatch, fleet management, and last-mile optimization.

hyundai Screen Shot 2022-05-16 at 2.29.08 PM.png

Hyundai Motor Group and the California-based pharmacy startup NowRX have launched a pilot to provide prescription medication delivery through automated logistics services that could eventually include autonomous vehicles.

Set to launch later this year, the project will serve two micro-fulfillment centers in the Los Angeles area, using aspects of automated dispatch, fleet management, and other last-mile optimization technologies.


Under the terms of the deal, NowRx plans to combine its “QuickFill” proprietary pharmacy management system with Hyundai’s smart mobility solutions, as supported by the South Korean automaker’s Innovation Division.

"Autonomous vehicles are part of our long-term strategic vision for NowRx to further reduce delivery costs at scale,” Cary Breese, CEO and Co-Founder of NowRx, said in a release. “We can’t imagine a better company to work with than the Group, which has demonstrated substantial leadership in the autonomous vehicle, and other robotics and automation areas.”

The news comes as NowRx said its “series C” investment round has raised $22.5 million and counting for the firm’s same-day prescription delivery and telehealth services through the equity crowdfunding platform SeedInvest. With the funds raised in this round, the six-year old firm said it will expand into additional territories and accelerate the technology roadmap for its pharmacy-management software and logistics technology.

NowRx currently operates a total of eight micro fulfillment pharmacies spread across the San Francisco Bay Area, Orange County, Los Angeles, and Phoenix with 487,000 prescriptions delivered to date to its more than 64,000 customers.

The Latest

More Stories

port of oakland port improvement plans

Port of Oakland to modernize wharves with $50 million grant

The Port of Oakland has been awarded $50 million from the U.S. Department of Transportation’s Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at its Outer Harbor facility, the port said today.

Those upgrades would enable the Outer Harbor to accommodate Ultra Large Container Vessels (ULCVs), which are now a regular part of the shipping fleet calling on West Coast ports. Each of these ships has a handling capacity of up to 24,000 TEUs (20-foot containers) but are currently restricted at portions of Oakland’s Outer Harbor by aging wharves which were originally designed for smaller ships.

Keep ReadingShow less

Featured

screen display of GPS fleet tracking

Commercial fleets drawn to GPS fleet tracking, in-cab video

Commercial fleet operators are steadily increasing their use of GPS fleet tracking, in-cab video solutions, and predictive analytics, driven by rising costs, evolving regulations, and competitive pressures, according to an industry report from Verizon Connect.

Those conclusions come from the company’s fifth annual “Fleet Technology Trends Report,” conducted in partnership with Bobit Business Media, and based on responses from 543 fleet management professionals.

Keep ReadingShow less
forklifts working in a warehouse

Averitt tracks three hurdles for international trade in 2025

Businesses engaged in international trade face three major supply chain hurdles as they head into 2025: the disruptions caused by Chinese New Year (CNY), the looming threat of potential tariffs on foreign-made products that could be imposed by the incoming Trump Administration, and the unresolved contract negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), according to an analysis from trucking and logistics provider Averitt.

Each of those factors could lead to significant shipping delays, production slowdowns, and increased costs, Averitt said.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less