Air Lease Corporation (AL) Shares are Down -1.95%

Air Lease Corporation | September 19, 2016

Air Lease Corporation (AL) Shares are Down -1.95%
On a relative basis, the stock has outperformed the S&P 500 by 1.45% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Spotlight

Sustainability issues are often very complex and associated with high levels of uncertainty. There is a lack of clear criteria to guide sustainability decision-making because sustainability crosses many systems (e.g. corporations, business units, local communities, values, policies and regulations). This is particularly so in relation to supply chain management.

Spotlight

Sustainability issues are often very complex and associated with high levels of uncertainty. There is a lack of clear criteria to guide sustainability decision-making because sustainability crosses many systems (e.g. corporations, business units, local communities, values, policies and regulations). This is particularly so in relation to supply chain management.

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Cargo Cove Picks inVia Logic Warehouse Execution System Software to Improve Warehouse Efficiency

inVia Robotics | March 25, 2021

Cargo Cove has selected inVia's AI-driven optimization platform to facilitate digital transformation in its Jacksonville, Florida plant, according to inVia Robotics, the developer of the next generation of warehouse automation systems for e-commerce. Cargo Cove will use inVia's phased automation approach, first implementing the inVia PickMate application to guide staff along the most reliable route through the warehouse to take items from inventory to pack out. Later this year, they will introduce inVia Picker autonomous mobile robots to support current labor and improve efficiency and accuracy rates even more. Cargo Cove is a full-service logistics provider that offers everything from same-day shipping to reverse logistics. The exponential growth of e-commerce, which was increasing at a rate of 12 percent per year before COVID and is now estimated to add about $100 billion more than previous projections per year through 2023, has generated unparalleled demand for third-party logistics. It has intensified Cargo Cove's initiative to incorporate advanced technology such as inVia into its operations, enabling it to provide detailed insights and optimize efficiency to its e-commerce customers. The initial implementation of inVia Logic Cargo Cove would benefit instantly from proprietary algorithms that evaluate optimum product positioning and dynamic labor assignments. AI is used to map a customer's warehouse to determine the most optimal routes for transporting items through the fulfillment process, as well as the best worker for each job. Workers can use inVia PickMate's intuitive interface on current handhelds to be guided step-by-step across these paths to pick correct items for order bins. This means that all resources are used to their maximum potential and are expected to double productivity over manual processes. "inVia's system will double Cargo Cove's warehouse workers' productivity with the introduction of inVia PickMate and then quadruple productivity with the addition of inVia Picker robots," said Lior Elazary, chief executive officer and co-founder of inVia Robotics. "Our phased approach is ideal for 3PLs, letting them adopt new technology at their own pace across their brands and incrementally increase efficiencies over time." Cargo Cove will be able to pay only for the resources they use in each process due to inVia's robotics-as-a-service (RaaS) model, which will keep investment targeted and provide a faster ROI. Adding new modules, such as inVia Picker robot automation, would be seamless and eliminate the need for further integration with their warehouse management system. "It's critical that we continually incorporate the latest warehouse innovation into our operation. It gives us a competitive edge because it gives our customers one," said Robert McFaul, chief executive officer of Cargo Cove. "We wanted smart technology that could optimize our buildings and our people so we can keep our pledge to simplify and automate for our customers. inVia was an easy choice. They simplify and automate for us." About inVia Robotics inVia Robotics is a Southern California robotics company founded in 2015 that provides the next generation of warehouse automation solutions. inVia is the developer of the first economical goods-to-person solution offered as "Robotics-as-a-Service". inVia is powering the future of warehouse productivity without disrupting the ecosystem of a business's operations.

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LOGISTICS

Awake.AI Collaborates with ESA to Set Up a Marketplace Solution for Maritime Logistics

Awake.AI | February 16, 2021

The Finnish start-up Awake.AI is orchestrate its platform improvement by introducing a 'marketplace' solution orchestrate complex shipping and port transactions. In November 2020, the European Space Agency (ESA) awarded Awake.AI funding to conduct the project Commander which will develop and pilot the Awake platform and introduce 'Awake marketplace'. Awake.AI's platform is currently utilized for savvy ports and shipping tasks by various actors, for example, port specialists and operators, cargo owners and ship operators around the world. Awake marketplace is the new solution based on top of the current platform offering new kinds of communications, ETA improvement, real-time asset tracking and identification proof and other advanced services to all actors. With the help of networked associations and SaaS (Software as a Service) workflow tools, Awake marketplace will encourage the organization of the complex shipping and port services. “We will offer a globally scalable marketplace for smart port and smart shipping services, which is built on leveraging the open APIs provided by the Awake.AI platform. Awake marketplace will enable any third parties to build their own solutions on top of the Awake Platform. It will be a full-service one-stop-shop for all smart port services, including service purchases raised by ships when making port calls, trucking and even operational services,” explains Simo Salminen, Co-Founder and Vice President of Products, Awake.AI.

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Nippon Express Providing Global Supply Networks to Securely Deliver Pharmaceuticals Worldwide

PR Newswire | September 08, 2020

Nippon Express Co., Ltd. is in the process of developing pharmaceutical supply chain networks that meet both hardware and software requirements for Good Distribution Practices (standards for ensuring proper distribution of pharmaceuticals; hereinafter, "GDP") and thereby enable safer and more secure supply of pharmaceuticals. In view of the globalization of pharmaceutical supply chains, the Company will also be setting up GDP-compliant business locations in major markets worldwide to enhance its supply networks on a global level. Furthermore, Nippon Express will be looking to employ the digital technologies of IoT and blockchain to track logistics information end-to-end, doing its part to optimize supply chains for the industry as a whole via a data-driven approach that offers traceability and increased operational efficiency. The "Nippon Express Group Management Plan 2023 -- Dynamic Growth" deems strengthening the Company's three approaches -- a customer-/industry-based approach, a business-based approach and an area-based approach -- a priority within the Plan's "Growth Strategy for Core Businesses." In determining how to optimally tailor services to the needs of individual customers, Nippon Express is focusing particular efforts on the customer-/industry-based approach that looks at services from a customer perspective.

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