How packaging and logistics companies are automating their warehouses [CNBC]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: CNBC
Key Points But with the rise of automation, companies are weighing the balance between their human workers and their technological innovations. Experts say so far they're seeing companies use automation to augment or complement the work of human workers. In this article DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management company with a speed of up to 650 cases per hour. “That is what we look forward to, and where we've been successful in deploying technology at scale over the last five years, going from when we started in 2020 with 240 projects, and now we're up to 10,000 projects,” Tim Tetzlaff, DHL's global head of digital transformation, told CNBC. The company's autonomous innovations
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UPS
Earnings
- 1/27/26 - Beat
UPS
Sec Filings
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- UPS's page on the SEC website