'Chappie McChapface': the $1m warehouse robbery that never happened
Fears for the future of humanity from the twin threats of robotics and AI could ...
The economics of automating warehouse operations are becoming increasingly plain – in the US, the minimum wage for a worker is $15 an hour, while leasing a robot (as opposed to purchasing one for around $100,000) comes in at around $8 an hour.
This feature from Wired explains how the pandemic-induced labour shortages in production and distribution facilities led to the emergence of a new breed of leasing companies building up fleets of robots and renting them out – a particular attraction for smaller operators nervous of the large capex requirements of directly investing in automation. “The robot-as-employee approach could help automation spread into smaller businesses more rapidly by changing the economics. Companies such as Formic see an opportunity to build large businesses by serving many small firms. Many are mining the data they collect to help refine their products and improve customers’ operations.”
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
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