GXO Pilots Customised Robotic Arm for Fashion Ecommerce Logistics
GXO Logistics, Inc. (GXO)
Company Research
Source: GlobeNewswire
GREENWICH, CT, Sept. 07, 2021 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has launched an industry-first pilot of intelligent automation at its fashion ecommerce warehouse in Tilburg, the Netherlands. GXO’s pilot of the Pick-it-Easy Robot station is tailored for one of its key global customers, in collaboration with value chain tech provider KNAPP AG. The pilot is the first application of KNAPP’s Pick-it-Easy Robot technology for automated pocket induction in the sector for apparel logistics. The Pick-it-Easy’s Artificial Intelligence (AI) based vision system recognizes each product and identifies the optimal gripping point and gripping speed, while the arm places items into a pocket conveyor for sorting, grouping and routing to packing stations. It addresses the unique logistics challenges presented by the apparel industry, given the vast range of product sizes, shapes, textures, weights and packaging. Sandee
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GXO
News
- GXO Logistics, Inc. (NYSE: GXO) was upgraded by analysts at BNP Paribas from an "underperform" rating to a "neutral" rating. They now have a $50.00 price target on the stock.MarketBeat
- GXO Logistics: Secular Winner At An Attractive Price [Seeking Alpha]Seeking Alpha
- GXO Logistics, Inc.'s (NYSE:GXO) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong? [Yahoo! Finance]Yahoo! Finance
- UK Takeover Targets Ask for More Despite Best Premiums in Years [BNN Bloomberg (Canada)]BNN Bloomberg
- GXO Appoints Kristine Kubacki as Chief Strategy Officer [Yahoo! Finance]Yahoo! Finance
GXO
Earnings
- 2/13/24 - Beat
GXO
Sec Filings
- 3/19/24 - Form 4
- 3/14/24 - Form 8-K
- 3/11/24 - Form 4
- GXO's page on the SEC website