Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Arrive Technology plans to go public through merger with Canadian toothbrush vendor

Arrive also acquires fellow smart mailbox provider AirBox Technologies to drive development of app-controlled package delivery systems

arrive log Screen Shot 2023-12-18 at 4.01.15 PM.png
DC Velocity Staff
By DC Velocity StaffDec 18, 2023
DC Velocity Staff
See Full Bio

Arrive Technology Inc. today said it has acquired its fellow smart mailbox provider AirBox Technologies ahead of Arrive’s planned merger with the e-commerce electric toothbrush retailer Bruush Oral Care Inc.

Indianapolis-based Arrive said the deal will broaden its patent portfolio and propel its Smart Mailbox as a Service capabilities, helping to drive its stated goal of facilitating the last inch of the last-mile for autonomous delivery.

Terms of the deal were not disclosed, but the firms said that Falls Church, Virginia-based AirBox’s CEO Brandon Pargoe has now joined the Arrive team as vice president of product operations.

AirBox offers two smart solution products—Airbox Home and Airbox Deep—which both offer an app-controlled, industrial grade, web-connected package delivery solution. And Arrive says its high-tech mailbox system is designed for both autonomous and conventional package delivery. 

The deal follows the news last week that Vancouver, BC-based Brüush and Arrive will merge in an all-stock transaction and operate under the name Arrive Technology Inc. with its shares listed on the Nasdaq Capital Market. The merger is expected to close in the first quarter of 2024.



 

 

 

ArticleEditorialTransportationTruckingDrone Deliveries
arrive technology
ArticleEditorialTransportationTruckingDrone Deliveries
arrive technology

The Latest

map of IMC drayage terminals in US
Article

Kuehne+Nagel acquires Tennessee drayage firm IMC

Technology

Securing the last mile

port of montreal docks
Article

Canada shuts down port strike as backlogs grow

More Stories

agility digit walking robot

Agility Robotics to provide walking robots for German car company

Agility Robotics, the small Oregon company that makes walking robots for warehouse applications, has taken on new funding from the powerhouse German automotive and industrial parts supplier Schaeffler AG, the firm said today.

Terms of the deal were not disclosed, but Schaeffler has made “a minority investment” in Agility and signed an agreement to purchase its humanoid robots for use across the global Schaeffler plant network.

Keep ReadingShow less

Featured

Stampin’ Up!’s Riverton, Utah, distribution center
Article

Picking reimagined

U.S. map with drought risk
Article

Everstream Analytics quantifies how climate risk affects supply chains

laptops and cables for hackers
Article

TSA rule would require cyber risk management for railroads

allitix supply chain planning
Article

Accenture acquires supply chain consulting firm

image of board and prevedere software

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.

Keep ReadingShow less
vecna warehouse robots

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.

Keep ReadingShow less
A robot in every factory?

A robot in every factory?

In a push to automate manufacturing processes, businesses around the world have turned to robots—the latest figures from the Germany-based International Federation of Robotics (IFR) indicate that there are now 4,281,585 robot units operating in factories worldwide, a 10% jump over the previous year. And the pace of robotic adoption isn’t slowing: Annual installations in 2023 exceeded half a million units for the third consecutive year, the IFR said in its “World Robotics 2024 Report.”

As for where those robotic adoptions took place, the IFR says 70% of all newly deployed robots in 2023 were installed in Asia (with China alone accounting for over half of all global installations), 17% in Europe, and 10% in the Americas. Here’s a look at the numbers for several countries profiled in the report (along with the percentage change from 2022).


Keep ReadingShow less
Sean Webb of Sparck Technologies
Sparck Technologies

In Person: Sean Webb of Sparck Technologies

Sean Webb’s background is in finance, not package engineering, but he sees that as a plus—particularly when it comes to explaining the financial benefits of automated packaging to clients. Webb is currently vice president of national accounts at Sparck Technologies, a company that manufactures automated solutions that produce right-sized packaging, where he is responsible for the sales and operational teams. Prior to joining Sparck, he worked in the financial sector for PEAK6, E*Trade, and ATD, including experience as an equity trader.

Webb holds a bachelor’s degree from Michigan State and an MBA in finance from Western Michigan University.

Keep ReadingShow less
Copyright ©2024.