Skip to content
Search AI Powered

Latest Stories

newsworthy

Read and watch: DC Velocity's Modex 2018 coverage

We're reporting live from the show every day. You can follow the show news directly on our website or subscribe to our daily email.

Juan Perez of UPS
Juan Perez of UPS


UPS CIO Juan Perez said companies need to think about creating innovations that could disrupt their own businesses.

Innovation and change took center stage at Modex 2018, which opened yesterday in Atlanta. More than 800 companies exhibiting their latest and greatest technology and equipment packed the show floor at the Georgia World Congress Center.


Meanwhile, during the opening keynote address, Juan Perez, chief information and engineering officer at UPS, outlined how the industrial Internet of Things is driving a "fourth industrial revolution." Today we'll be reporting on the keynote by tech guru Andrew McAfee, who urged listeners to ditch conventional wisdom and write a new business playbook based on artificial intelligence , crowd sourcing, and public platforms. .

The show, an exposition of supply chain solutions presented by MHI, runs through Thursday. Throughout the next three days, DC Velocity editors will help you keep up to date with the most important news and announcements made from both the conference sessions and the show floor. Also check out our exclusive videos from the show floor.

For all of DC Velocity's show coverage, visit our Modex 2018 page, check out daily show recaps from our editors and exclusive exhibitor videos, and follow us on Twitter.

To receive our daily Modex news in your inbox, subscribe to our "Conference Reports" newsletter.

The Latest

More Stories

Report: Five trends in AI and data science for 2025

Report: Five trends in AI and data science for 2025

Artificial intelligence (AI) and data science were hot business topics in 2024 and will remain on the front burner in 2025, according to recent research published in AI in Action, a series of technology-focused columns in the MIT Sloan Management Review.

In Five Trends in AI and Data Science for 2025, researchers Tom Davenport and Randy Bean outline ways in which AI and our data-driven culture will continue to shape the business landscape in the coming year. The information comes from a range of recent AI-focused research projects, including the 2025 AI & Data Leadership Executive Benchmark Survey, an annual survey of data, analytics, and AI executives conducted by Bean’s educational firm, Data & AI Leadership Exchange.

Keep ReadingShow less

Featured

aerial photo of port of miami

East and Gulf coast strike averted with 11th-hour agreement

Shippers today are praising an 11th-hour contract agreement that has averted the threat of a strike by dockworkers at East and Gulf coast ports that could have frozen container imports and exports as soon as January 16.

The agreement came late last night between the International Longshoremen’s Association (ILA) representing some 45,000 workers and the United States Maritime Alliance (USMX) that includes the operators of port facilities up and down the coast.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
forklifts in warehouse

Demand for warehouse space cooled off slightly in fourth quarter

The overall national industrial real estate vacancy rate edged higher in the fourth quarter, although it still remains well below pre-pandemic levels, according to an analysis by Cushman & Wakefield.

Vacancy rates shrunk during the pandemic to historically low levels as e-commerce sales—and demand for warehouse space—boomed in response to massive numbers of people working and living from home. That frantic pace is now cooling off but real estate demand remains elevated from a long-term perspective.

Keep ReadingShow less
drawing of warehouse for digital twin

Kion Group teams with Accenture and Nvidia to design intelligent warehouses

German lift truck giant Kion Group will work with the consulting firm Accenture to optimize supply chain operations using advanced AI and simulation technologies provided by microchip powerhouse Nvidia, the companies said Tuesday.

The three companies say the deal will allow clients to both define ideal set-ups for new warehouses and to continuously enhance existing facilities with Mega, an Nvidia Omniverse blueprint for large-scale industrial digital twins. The strategy includes a digital twin powered by physical AI – AI models that embody principles and qualities of the physical world – to improve the performance of intelligent warehouses that operate with automated forklifts, smart cameras and automation and robotics solutions.

Keep ReadingShow less