ShipHero | October 25, 2021
ShipHero, the leading shipping and logistics platform for over 5,000 e-commerce brands and 3PLs, today announces it has acquired Cargo Cove Fulfillment, a full service logistics company based in Jacksonville, Florida.
One of the few full service logistics providers in Florida, Cargo Cove Fulfillment offers fulfillment and shipping services to over 50 partnering e-commerce brands, which will now be fully integrated into ShipHero's fulfillment offering. Cargo Cove's philosophy of making shipping and logistics easy and affordable mirrors ShipHero's customer-centric mission, making it a seamless partnership for both parties.
Cargo Cove Fulfillment was established in 2017 to solve the problem of outsourced shipping in the e-commerce industry and has shipped over one million orders to date. Cargo Cove Fulfillment offers a range of services in picking and packing, order fulfillment, inventory management, product sourcing, prep assembly, and returns management.
This business acquisition is crucial to building ShipHero's fulfillment brand. The acquisition means ShipHero is now connected to the retail supply chain in Jacksonville, the most populous city in Florida. Situated along the Atlantic Ocean, ShipHero's new location is a strategic one echoing its commitment to growth as a result of its recent $50 million round led by Riverwood Capital. ShipHero will continue to offer its dedicated customers more warehouse options across the U.S. and first-class technology solutions as the business continues to scale.
We are thrilled to have Cargo Cove Fulfillment join ShipHero. Robert and his team are committed to excellent customer service, so it already feels like an incredibly natural integration. On top of that, the location enables us to do even more for our customers. We'll now have a dedicated team that can reach Florida and much of the South East in the next business day."
Aaron Rubin, Founder and CEO of ShipHero.
ShipHero is a US based, leading provider of cloud-based e-commerce fulfillment solutions that gives online retailers and third-party logistics providers the tools to ship more efficiently anywhere in the world. With more than 5,000 customers located around the globe, ShipHero offers online retailers a suite of services ranging from warehouse management software to outsourced fulfillment as a service. Some notable customers include Mars, Universal Music Group and Canadian Tire. Additionally, ShipHero is the official fulfillment network partner for Shopify, and is rapidly scaling a network of warehouses throughout the US to meet the growing demands of today's online retailers.
Schneider Electric | November 11, 2020
Schneider Electric, the pioneer in the advanced change of energy the board and robotization, today declared an extra $40 million venture towards modernizing its U.S fabricating plants in Iowa, Kentucky, Nebraska, and Texas. The monies will go towards creative advances and new creation lines that will help increment Schneider Electric's ability of activities in the U.S. for its clients, just as further build up its nearby labor force.
Coronavirus put a focus on the basic weaknesses worldwide assembling and flexibly chains can look during exceptional interruption. This extra stake in the U.S. is essential for a bigger, key way to deal with fortify versatility, increment adaptability, and defend its gracefully chain. The activity will furnish Schneider Electric with more prominent control of its creation measures that will assist them with conveying quality items and administrations to its clients, while acquainting new learning openings with the labor force.
"This investment demonstrates our continued commitment to both our customers and our employees, while setting the foundation for the future," said Annette Clayton, CEO and President, Schneider Electric North America. "We now have the technology and resources available to expand and efficiently produce more locally. By modernizing and localizing our operations, we can better serve our customers and minimize the risk of interruption when we face the challenges of global economic changes."
For instance, Schneider Electric's savvy plant in Lexington, KY as of late acquired the differentiation of fourth Industrial Revolution (4IR) Advanced Lighthouse by the World Economic Forum, turning into the third of its production lines to get this honor. The processing plant was perceived for its accomplishment in receiving Industry 4.0 innovations at scale with showed benefits around energy proficiency, maintainability and by and large cost reserve funds, while offering expanding spryness and strength inside the activity.
As U.S.- based organizations progressively look to reshore a greater amount of their assembling activities, the business is making more positions that will require another influx of a gifted labor force to fill them. In Schneider Electric's case, the organization has recruited and vows to enlist 130 new workers through mid 2021. This new time of putting resources into shrewd assembling and mechanization devices isn't just acquainting the open door with upskill the mechanical labor force, yet it can help pull in new ability and have a positive effect against the aptitudes hole concerns the business faces. As a feature of this speculation, Schneider Electric representatives will get more advanced preparing openings and instruments that will empower them to receive new ranges of abilities and work all the more effectively in a cutting edge setting.
About Schneider Electric
Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
FedEx | September 28, 2020
FedEx is working with Reliable Robotics to pilot the use of an unmanned single-engine aircraft for cargo delivery, CEO Fred Smith said during the annual stockholder meeting Monday. "This initiative deals with smaller turboprop airplanes and in this case the single-engine C208, which we are looking at putting in very remote and uninhabited areas as part of our network," Smith said. The company does not have plans to replace its current aircraft fleet with autonomous alternatives, he said, adding that the crews should not be worried about the technology "for the foreseeable future — decades, I would say." Last month, Reliable Robotics completed test flights of two remote-piloted aircraft models, according to a press release from the company. "In the first flight, the pilot pressed a button on a remote user interface and the unmanned four passenger Cessna 172 Skyhawk (C172) automatically taxied, took off, and landed," the company said in its release. "Most recently, the company demonstrated fully automated remote landing of an even larger aircraft, the Cessna 208 Caravan (C208), capable of carrying 14 passengers." FedEx is listed as the registered owner of the Cessna 208 shown in Reliable Robotics' press release, according to Federal Aviation Administration documentation.