CNBC: Glass Lewis endorses 6 of activist Ancora’s nominees for Norfolk Southern board
CNBC reports: Activist investor Ancora received a powerful endorsement in its efforts to secure a board ...
CNBC reports:
Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic, which Walmart has taken a big stake in itself.
That may soon change.
Symbotic, a company that has already generated market heat selling AI-powered robotic warehouse management systems to clients including Walmart, Target and Albertson’s, is partnering with Softbank to play in a potentially giant and transformative market. The two are teaming up in a joint venture called GreenBox Systems which promises to deliver AI-powered logistics and warehousing to much smaller companies, delivering it as a service in facilities different companies share. They say it’s a $500 billion market, and an example of the kind of change AI can bring to the economy at large…
To read the full post, please click here.
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Maersk raises surcharges as Red Sea risk expands and costs mount
Heavy speculation in China’s container shipping futures as Gaza War drags on
Red Sea: Aries crew free, but more escalation on the way as box ships flee
Flexport under fire as Peloton claims 'unfair D&D fees' cost it millions
CMA CGM to launch China-Mexico express shipping service
Air cargo market shows ‘positive dynamic’ – but how long will it last?
The shifting landscape of the world's air cargo carriers
DSV US expansion continues with major investment in California hub
Hapag-Lloyd's box tracker will 'close logistics blind spots'
DHL Group: Forwarding burns cash, Supply Chain outshines the rest
Regional operators launch feeder services as mainline carriers adjust port calls
Contract logistics the star performer for DHL, but weak rates take a toll
News Podcast | May 2024 | Container shipping: a riddle, wrapped in a mystery, inside an enigma
Comment on this article