Skip to content
Search AI Powered

Latest Stories

Mitsubishi Logisnext Americas and Jungheinrich launch Rocrich AGV Solutions

Expanding firms’ existing joint venture, deal will provide mobile automation solutions from standard to special purpose AGVs and automated forklifts

rocrich Combo shot.jpg

Mitsubishi Logisnext Americas and Jungheinrich will expand their joint venture for mobile automation solutions in North America, launching a company called Rocrich AGV Solutions, the partners said today.

The name “Rocrich” combines both the brand names and the product catalogs of the Rocla and Jungheinrich automated guided vehicle (AGV) portfolios in the North American market. According to the partners, the combined product and service portfolios of Jungheinrich and Rocla will enable Rocrich to cover all major customer use cases, from standard to special purpose AGVs and automated forklifts.


Logisnext and Jungheinrich have already been collaborating in a long-standing and proven partnership for over 15 years in North America, including a joint venture company offering Jungheinrich AGV solutions – MCJ Supply Chain Solutions LLC. In order to capture a significant portion of the projected growth in the North American material handling automation market, Rocrich will combine the AGV portfolios of Logisnext’s Rocla brand and that of Jungheinrich within the existing MCJ joint venture.

Both Mitsubishi Logisnext Americas and Jungheinrich will hold equal shares in the new company, which will be headquartered in Houston, Texas, with additional operations in Marengo, Illinois. Brian Spradlin, who is currently president of MCJ, will continue his role in the expanded joint venture and serve as president of Rocrich.

 

 

 

The Latest

More Stories

legal scales and gavel

FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

Keep ReadingShow less

Featured

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
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less
Report: SMEs hopeful ahead of holiday peak

Report: SMEs hopeful ahead of holiday peak

Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.

That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.

Keep ReadingShow less