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Month: August 2023

Logistex and Hai Form Strategic Partnership

Posted on by David Priestman

Logistex, a leading provider of automated materials handling and software (WMS) solutions, and Hai Robotics, a pioneer in Autonomous Case-handling Robots (ACRs), have announced a strategic partnership aimed at transforming warehouse automation.

The collaboration between Logistex and Hai Robotics brings together the expertise of Logistex in designing and implementing advanced automated material handling systems and Hai Robotics’ cutting-edge robotic technologies. This partnership will enable both companies to deliver innovative solutions that optimise warehouse operations, increase productivity, and enhance overall efficiency.

By combining the deep industry knowledge Logistex has with Hai Robotics’ innovative robotics capabilities, the partnership will address the evolving needs of modern warehouses seeking intelligent and flexible automation solutions. The integration of Hai Robotics’ ACRs into the Logistex comprehensive material handling solutions will enable seamless and efficient movement of goods, streamlining processes, and reducing operational costs.

Through this partnership, Logistex and Hai Robotics aim to offer their customers enhanced operational agility, scalability, and adaptability. The joint solutions will empower businesses to optimise their supply chain, improve order fulfilment accuracy, and meet the ever-increasing demands of e-commerce and omnichannel distribution.

Tony Gruber, Managing Director of Logistex, said: “I am delighted that having previously secured our first order which includes a HAI Robotics ACR goods to person picking solution with a prestigious UK retailer, we have now signed a partnership agreement with HAI Robotics. This is a significant step in achieving our strategic vision of becoming the leading UK provider of integrated robotic solutions in our class.

“As an independent systems integrator we are constantly looking to work with innovative technology partners. HAI Robotics commitment to developing their class leading telescopic ACRs strengthens the portfolio of integrated automated solutions that Logistex can provide to our current and future customers.”

Damien Skinner, Country Manager UK & Ireland of Hai Robotics, added: “We’re excited to join forces with Logistex, aiding them in their journey to be the top integrated robotics solutions provider in the UK. Through our collaboration, Logistex’s expansive network will gain access to Hai Robotics’ innovative ACR goods-to-person picking systems, notably our acclaimed telescopic ACR, the HaiPick A42T, capable of a 10m reach for picking and storage tasks.

“Our adaptable, growth-ready goods-to-person solution will seamlessly serve the diverse warehousing demands of Logistex’s partners. The initial ACR order from a renowned UK retailer is a testament to our system’s alignment with modern industry needs, and we’re eager to work hand in hand with Logistex for the successful execution of this initiative.”

The partnership between Logistex and Hai Robotics represents a significant milestone in the automation industry. With their combined strengths, the companies are set to redefine warehouse automation, offering a new era of intelligent and adaptable solutions.

How to Win During Peak Shipping Season

Posted on by David Priestman

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. These busy months demand operational efficiency, agile collaboration, proactive rate management, and a sharp focus on sustainability throughout the transportation management process.

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them.

1. Pressure to Save Costs

Transportation accounts for a significant amount of total operational costs, consequently becoming a huge target for potential cost savings. However, constantly changing freight market rates can make it difficult for procurement teams to secure the best deals and maintain predictable costs.

To prevent this, it is recommended to move away from standalone data sources and look at leveraging centralised rate management solutions which bring together all your data and provide one sole source of truth. This allows you to turn your data into insights and action and surface the best opportunities by giving you visibility across different pricing options vs the best combination of lanes, modes of transport or other business requirements.

Leveraging the power of an eAuction feature can help you with dynamic negotiations, bringing your qualified carriers or other LSPs into a bidding process, securing your access to the best price and increasing your efficiency.

2. Capacity Shortages & Time Constraints

As demand surges during peak season, the limited capacity of LSPs or unforeseen disruptions can lead to difficulties in providing the needed transportation services in time, causing delays, increased costs or even higher risks or loss. Capacity constraints can turn into missed delivery deadlines and force the company to seek last-minute transportation solutions at higher rates, significantly impacting transportation budgets and overall supply chain costs.

Having fast access to a larger database of LSPs, the ability to pivot to real-time (spot) requests in case of emergencies, as well as instantly connecting with carriers through a centralised and automated platform, while having better visibility on their availability, can be your greatest allies in such situations where time becomes of the essence.

3. Increased Workload and Limited Resources

Even outside peak seasons, transportation procurement is a very heavy process that requires teams to spend countless hours between spreadsheets, emails, and phone calls to ensure smooth sailing. With an even higher growth in demand and workload during peak season, the need for automation and speed has been highlighted more than ever by logistics and procurement teams.

Technology in the logistics sector has evolved to provide tailored solutions for these needs. Such an example is leveraging a specialised freight procurement platform that helps with data-heavy & time-consuming operations, increasing work efficiency and accuracy, while streamlining all communications with your LSPs.

Using such platforms can save up to 70% of the time you would have spent on repetitive and manual tasks. Running tenders, launching RFQs, analysing the outcomes and going through a truly data-driven decision process, can now become a matter of minutes instead of weeks.

4. Complex Freight Landscape

Working with a wide range of carriers, brokers, and other LSPs can complicate the freight procurement process, making it difficult to evaluate and select the most optimal ones as per your business requirements.

However, combinatorics allows you to set your own business rules, flexibly integrate all the relevant criteria based on organisational priorities, like speed, cost, sustainability KPIs, etc. and automatically calculate optimised award scenarios. This will enable you to compare and evaluate at scale multiple suppliers, build detailed reports, and surface the best alternative, especially from a cost perspective, with much less effort.

5. Governance of Sustainability KPIs

With such a large volume of CO2 emissions coming from transportation, governmental and business requirements around sustainability have increased significantly across the years. Even more when we talk about such high shipping volumes like the ones during peak season, meeting these complex regulations and KPIs can be difficult, time-consuming, and costly, in the absence of a proper setup.

The foundation for success is to integrate sustainability criteria from the beginning into your freight procurement strategy and monitor it using dedicated green procurement dashboards.  It is important to ensure that your carriers, LSPs or other type of partners are aligned with your expectations in terms of such business requirements, so you can select the best option accordingly.

6. Compliance and Risk Management

Even in a regular, day-to-day context, handling compliance and risk management in freight procurement becomes an exceedingly difficult and sensitive task. With all complexity increasing exponentially in peak shipping seasons, meeting transportation & other government regulations, as well as business compliance standards, can become difficult and leave room for exposures.

Integrating your end-to-end freight procurement processes, managing LSPs, contracts, award of business and relevant documents within a dedicated platform helps you ensure that compliance is well up to company standards and will prepare a solid base for auditing when the time comes.

In uncertain times, allocating money to technology cannot always seem like an easy decision, but it quickly becomes one when ROI and further cost savings top by more than 10x the price.

Take a closer look at SHIPSTA to see how its platform and services can help you both during and outside the peak shipping seasons. To uncover more ways to win this peak shipping season, read the complete e-book here.

Transaid Project Attracts Deputy High Commissioner

Posted on by David Priestman

The British Deputy High Commissioner to Ghana, Keith McMahon MBE, has visited Transaid’s professional driver training programme in Tema, Greater Accra, Ghana to see how the international development organisation is working to improve road safety in the country, which has seen an increase in road crash fatalities in recent years.

During the visit he observed practical refresher training with a group of 11 HGV driver trainers, who have collectively trained almost 1,000 professional drivers to new or improved standards within the last 12 months.

Transaid’s work in Ghana forms part of a three-and-a-half-year project which began in 2021, funded by Puma Energy Foundation, to raise training standards and expand training capacity for HGV drivers – in a country where almost 95% of freight is transported by road.

Commenting on the reason for his visit, McMahon says: “The High Commission provides technical and financial assistance to the African Continental Free Trade Area, and part of increasing trade and investment is improving road transport corridors – which in turn requires highly skilled drivers.

“With HGV traffic on Ghana’s roads set to increase, ensuring access to improved standards of driver training is paramount. Transaid’s ‘train the trainer’ model is helping the country to develop and retain these skills locally, and it was fantastic to meet the team behind it.”

Thelma Ayisi, a Project Manager at Transaid, says: “It was an honour to introduce the British Deputy High Commissioner to our project, and highlight how we are working to ensure consistency of training standards, with the aim of saving lives.

“Our next priority is to focus on securing buy-in from more private sector fleets, by highlighting the advantages of employing drivers who have followed a specific HGV driver training curriculum. These are important steps to improve access to future jobs and help to drive economic growth in Ghana.”

Transaid’s approach is to build local skills to ensure sustainable and lasting change, which it has been able to demonstrate in this project by advancing several Ghanaian driver trainers, with additional training, to achieve the level of master trainer. This enables them to train other driver trainers, as demand dictates.

The initial three-and-a-half-year project in Ghana is set to run until July 2024, by which time Transaid expects to have helped deliver professional driver training to more than 1,500 HGV drivers.

The World Health Organisation estimates that around 7,000 people lost their lives on the road in Ghana in 2016.

 

Gebrüder Weiss Takes Solar Car Down Under

Posted on by David Priestman

International logistics company Gebrüder Weiss is transporting an innovative solar car to Australia for the aCentauri Solar Racing Team of Eidgenössische Technische Hochschule Zurich (ETH). This is where the World Solar Challenge will begin at the end of October 2023. This unique race sees 31 teams cover 3,000km from Darwin across the Australian outback to Adelaide using solar power alone.

To ensure that the high-tech vehicle can be on its marks on time at the other end of the world, Gebrüder Weiss is delivering a customised mix of logistics covering land transport, sea and air freight.

“Our position as a global logistics company means we are a driver of intelligent transport solutions, actively shaping the mobility of tomorrow,” says Frank Haas, Head of Corporate Brand Strategy & Communications at Gebrüder Weiss. “aCentauri’s solar car is a trendsetter with the potential to revolutionise the transport sector, which is why we are supporting the team on their journey to Australia.”

The students have been working on the development and implementation of this solar car for nearly a year. Designed for durability and maximum energy efficiency, it is emblematic of a future in which the environment takes centre stage. “Of course, we would like to win the race. But what is equally important to us is taking an active role in developing efficient, environmentally sound solutions,” explains Alexandr Ebnöther, team manager at aCentauri. “With the support of Gebrüder Weiss, we can demonstrate that solar-powered cars and, by extension, sustainable mobility, are possible.”

There is particular focus at the moment on alternative drives at Gebrüder Weiss. For example, aCentauri’s solar car is covering the first leg of its journey on the logistic company’s zero-emission hydrogen truck.

Gebrüder Weiss regularly reports on the preparations and the progress of the cooperation via a dedicated landing page and the various social media channels.

 

Dubai Packager Implements EPG TMS

Posted on by David Priestman

Supply chain software company EPG (Ehrhardt Partner Group) has cemented its already strong partnership with Dubai-based Falcon Pack, as the disposable food packaging specialist is to implement EPG’s Transportation Management System (TMS). The two companies have forged strong bonds since Falcon Pack’s introduction of EPG’s LFS Warehouse Management System (WMS) in 2018.

With its adoption of the TMS, Falcon Pack is taking advantage of EPG’s much-admired suite approach to supply chain software solutions. The EPG ONE Supply Chain Execution Suite comprises bespoke applications for each branch of the supply chain journey, from Gartner Magic Quadrant-recognised storage and fulfilment (WMS) to transport and distribution (TMS). Key business drivers within the TMS are routing optimisation and scheduling, provided by EPG’s Greenplan application, winner of the prestigious Best Product award at LogiMAT 2023. Dozens of Falcon Pack transport vehicles, from small vans to truck-trailer combinations, are to be implemented with the software.

Speed and Efficiency

The digitisation of transport execution processes will help Falcon Pack to improve speed, accuracy and efficiencies in its fast-growing ecommerce operations in Dubai. The state-of-the-art technology also enables the packaging experts to introduce same-day delivery to customers, alongside enhanced documentation control and shipment monitoring via an easy-to-use intuitive interface.

“Investing in EPG’s TMS was an easy decision for us to make,” comments Syed Ehtisham, Executive Director IT, Falcon Pack. “We have enjoyed a productive relationship with EPG’s expert engineers and on-the-spot field teams since we installed LFS five years ago. We have great trust in their portfolio, and we expect the TMS to provide us with valuable savings in terms of both time and money as well as clear transparency of our day-to-day operations and, consequently, even better relationships with customers. It is also a bonus for our hard-working staff that the system they have supplied us is so easy to get used to.”

Niels Meinken, EPG Logistics Consultant, is delighted with Falcon Pack’s decision to invest once more in EPG’s product expertise. “Our suite approach means that our customers can source all of their supply chain software needs from a single source, which results in smoother transitions and fewer pinch points, as well as a single contact. At the moment we are fully focused on implementing our TMS with them, and we look forward to expanding our relationship with Falcon Pack still further in the future.”

Valencia Deploys Hyster Fuel Cell ReachStacker

Posted on by Keith McKinley

Hyster, the global provider of container handling solutions, has developed and shipped a hydrogen fuel cell Reachstacker to the Port of Valencia in Spain. The ReachStacker is part of the H2Ports project, which aims to introduce hydrogen-powered vehicles and equipment in port operations.

This Hyster ReachStacker is an innovative zero-emission solution that uses a Nuvera fuel cell to convert hydrogen into electricity. The hydrogen is stored on-board in high-pressure tanks and can be refilled in 10-15 minutes. The on-board hydrogen fuel cell charges the batteries, which power the electric motors and hydraulic systems enabling the ReachStacker to lift laden containers with similar performance to a diesel alternative.

Thanks to its Nuvera Fuel Cell Engine, the hydrogen fuel cell ReachStacker offers several advantages over its conventional diesel-powered machines. It reduces greenhouse gas emissions, noise pollution and operating costs thanks to the elimination of the diesel engine, transmission and other mechanically-driven components.

The Hyster ReachStacker will be tested and validated in live operation at the MSC terminal in Valencia, one of the largest container terminals in Europe. The H2Ports project, funded by the Fuel Cells and Hydrogen Joint Undertaking (FCH-JU) and coordinated by the Fundación Valenciaport, involves several partners from the port community, industry and academia.

Jan-Willem van den Brand, Director Global Market Development at Hyster, said: “We are proud to be part of the H2Ports project and to contribute to the development of zero-emission solutions for port operations. The hydrogen fuel cell ReachStacker is a breakthrough innovation that demonstrates our commitment to sustainability and customer satisfaction. We look forward to seeing it in action at the Port of Valencia and to receiving valuable feedback from the end-users.”

Climate Change Will Lead to More Disruptions

Posted on by Keith McKinley

Delivery delays, bottlenecks, bigger safety stocks, growing logistics costs: In future, climate change will lead to more supply chain disruptions and negative effects on the economy than ever before. This is the prediction of the SCM experts at the Bochum-based software company Setlog on the occasion of the current passage restrictions for ships in the Panama Canal.

Even if the situation in Central America does not have a noticeable impact on the German economy, the experts advise politicians and companies to take precautions for the future-for example, for the transport of raw materials and goods on waterways during low water.

Currently, dozens of cargo ships are jammed on both sides of the Panama Canal due to a lack of water for the lock processes of waiting ships caused by a long drought in Central America. The responsible authority therefore limited the daily transits to 32 ships from the end of July to the beginning of September.

Normally, 36 ships are allowed to go on the waterway each day. The ship draft is limited to 13.41m. As a result, traffic jams are forming, and the media report waiting times of up to three weeks.

According to experts, a total of 200 million litres of water are needed for each passage of a ship through the 12 locks in the 80km-long canal. However, because the region around Lake Gatun, which among other lakes feeds water to the locks, only has had half as much rainfall this year as normal, the Panama Canal Authority decided to take those measures.

The waterway plays an important role in supplying the US economy. Therefore, some companies already sounded the alarm about rising prices for containers as well as transport rates for certain relations on the spot market. Setlog’s cooperation partner Shippeo can also confirm this. Since there is no peak season and enough capacity is available, the Paris-based transport tracking experts assume that many companies that still have time for deliveries will work around the problem. They are changing transport routes and modes.

Setlog board member Ralf Duester can also confirm this after evaluating the flow of goods from US customers in Setlog’s SCM software OSCA: Around 20% of the volume that was originally to be unloaded on the East Coast has been rebooked to the West Coast – primarily to the major ports of Long Beach and Los Angeles. From there, the shipments are transported by rail or truck or, if there is flexibility, to other distribution warehouses. These are mainly consumer goods. For Germany, on the other hand, the Panama Canal congestion and its consequences have virtually no impact, according to Duester: “Not even 2% of exports from German ports are destined for the Pacific coast in North and South America,” he says.

However, he takes the stress test for logistics chains in Panama as an opportunity to draw the attention of politicians and companies to the fact that extreme weather events such as droughts or storms will disrupt supply chains more often and more violently in the future. “Climate change has arrived in logistics. The forecasts of climate researchers show that it is high time for politicians and companies to take precautions,” emphasises Duester.

According to Duester, Germany must increasingly prepare for low-water situations in inland navigation. The Rhine, for example, must be a particular focus of political attention. In Duisburg alone, Europe’s largest inland port, around 42 million tonnes of freight were handled in 2022. In this context, Duester recalls the difficult situation in the Rhine in the summers of 2018 and 2022. Admittedly, only 5% of goods are transported by inland waterway vessel in this country. “But analyses by the Kiel Institute for the World Economy on the consequences of low Rhine levels have shown that industrial production in Germany falls by around 1% with 30 days of low water in a month. For some sectors, such as the chemical industry, supply by barge is critical,” he says.

He advises companies, on the one hand, to focus on the digitisation of supply chains and, on the other hand, to organise transport alternatives such as land bridges, i.e. the transshipment of goods from ship to rail or truck. In his view, innovative ships must also be used. In this context, he refers to the “Stolt Ludwigshafen” ship, which was bought by BASF in May 2023 and will be able to pass the Rhine even at extremely low water.

As the economy without a doubt should continue to rely on inland waterway ships, politicians need to turn the demands from the industry into reality, according to Duester. They need to consider multiple topics – above all the improvement of water level forecasts as well as the provision of current depth data, the search for hydraulic engineering alternatives and the optimisation of unloading points on the Middle and Lower Rhine.

 

New Körber CFO of Supply Chain Software

Posted on by Keith McKinley

Körber announces the promotion of Jason Russell, Executive Vice President Strategy & Corporate Development, to the position of Chief Financial Officer (CFO) for Körber Business Unit Supply Chain Software. This internal advancement reflects the company’s commitment to recognizing and nurturing talent from within its ranks, marking a significant milestone in Russell’s career journey with Körber.

Having joined Körber in June 2022 as Executive Vice President of Strategy & Corporate Development, Russell has consistently demonstrated a passion for excellence, a keen understanding of the industry and an unwavering dedication to the company’s mission. With a proven track record of driving success, he has played a pivotal role in shaping the organization’s strategies, bolstering operational efficiency and fostering a culture of innovation.

As the newly appointed CFO, Russell assumes a critical leadership role in charting the financial trajectory of Körber’s supply chain software business in a dynamic and ever-evolving market. Leveraging his deep understanding of the company’s values and operations, Russell will be instrumental in driving strategic financial planning, optimizing resource allocation and growth, and enhancing shareholder value.

Chad Collins, Chief Executive Officer Software of Körber Business Area Supply Chain, added, “Körber firmly believes in investing in its employees’ growth and development. It is a fundamental aspect of our ongoing success. The promotion of Jason Russell is a testament to the organization’s commitment to recognize talent from within. We foster a culture of loyalty and dedication among our workforce and remain committed to establishing a work environment that encourages employee growth and advancement.”

Russell said, “I am beyond excited to continue my journey here at Körber. While only being with the company for a short time, I’ve recognized the unique mission that drives Körber and its employees. Customer prioritization, strong culture and a passion for innovation contribute to our success as a company. Körber distinguishes itself in the industry by putting its core values ahead of all else, making this an ideal environment to work.”

More than just Containers on Container Ships

Posted on by Keith McKinley

Even if container ships are optimized to handle containers in particular, there are nevertheless good opportunities to ship so-called breakbulk cargo far beyond the limitations of what can fit in a container. Not least on board the very largest container ships offering direct liner service between the Port of Gothenburg and ports in Asia and North America every week.

“We notice that more and more people are discovering the possibility. It’s nice to see that we can expand our customer base and thus also allow them to take advantage of our liner network and see that it is perfectly possible to load and unload almost anything on a container ship,” says Marco Cicola, responsible for breakbulk segment at the shipping company MSC Sweden.

The opportunities using container vessels are numerous. Depending on the size of the ship, cargo can be up to 40 meters in length and up to 12 meters in width. The largest ships that sail directly between Gothenburg and Asia each week are close to 60 meters wide and can load breakbulk cargo of around 40 meters in length. The cranes on the land side at APM Terminals Gothenburg are able to handle cargo of up to 100 tons.

This means that large and heavy breakbulk cargo in the form of e.g., transformers, construction machinery, large inputs for the steel industry are not only possible, but also actual examples of breakbulk cargo shipped to and from the Port of Gothenburg on container ships.

At the Port of Gothenburg and through the various terminals within the port area, there are plenty of possibilities to load and unload breakbulk cargo. The most common approach is to roll the goods on or off the ships at the port’s RO/RO terminals, however this is not the only option, as Richard Mellgren, Senior Business Development Manager at Gothenburg Port Authority explains:

“It is becoming increasingly common to ship breakbulk cargo on container vessels, and it is a good complement for container shipping lines. For project cargo customers, this means that they gain access to an overall broader range of options at the port – especially when it comes to direct calls to Asia and North America. Due to the specialist nature of project cargo, each breakbulk and out-of-gauge shipment is considered on a case-by-case basis, tailoring the solutions around the customers’ unique requirements and using our global service network to deliver their cargo anywhere in the world.”

Marco Cicola concludes: “As customers begin to focus more intently on sustainability, transport solutions at sea are becoming increasingly interesting, even for project loads. Moving transport from land to sea is a good way for customers to reduce their carbon footprint, and it can also prove cost-effective, so they are more and more open to new solutions that make this possible.”

Facts: Breakbulk with MSC in the Port of Gothenburg:
Departures: 1/w to and from Asia + 1/w to and from North America + 1/w to and from Antwerp.
Destinations in Asia on direct service: Singapore, Shanghai, Dalian, Xingang, Busan, Ningbo. Destinations in North America: New York, Philadelphia, Norfolk, Jacksonville.
Other destinations: Worldwide with transshipment in Antwerp.
Load dimensions: Max 40 x 12 meters.
Load weight: Up to 100 tons.

Jungheinrich Acquires all Shares in Magazino

Posted on by David Priestman

Hamburg-based intralogistics pioneer Jungheinrich is fully taking over Magazino, a Munich-based robotics specialist. In addition to its shareholding, which has existed since 2020 and was increased to 21.7 percent in 2022, Jungheinrich is acquiring all shares held by the founders as well as the previous co-shareholders, a.o. Cellcom, Fiege Logistik, and Körber. The transaction took effect immediately upon signing this week. The parties have agreed not to disclose the purchase price. Magazino will continue to grow as an independent company within the Jungheinrich Group and also in particular make use of the Group’s global sales and service network. The company will remain under the management of both Co-Founders Frederik Brantner and Lukas Zanger as well as Dr Moritz Tenorth.

For Jungheinrich, the full takeover of Magazino is another strategically important step towards strengthening its automation expertise. Founded in 2014, Magazino employs around 130 people and has one of the largest mobile robotics development teams in Europe. The company offers a powerful technology platform that enables logistics robots to also operate in a mixed human-machine environment. As a result, robots are able to intelligently navigate in the warehouse as well as selectively pick up and transport needed objects. Magazino’s system and robots are already in use in warehouses of various industrial customers, online retailers and logistics service providers. The control software for robots in complex logistics environments is also already integrated in Jungheinrich’s EAEa, a fully automated low-lift truck that was initially presented at this year’s LogiMAT intralogistics trade fair.

For Jungheinrich, the merger is an ideal addition as part of the expansion of its business with automated and autonomous vehicles. Going forward, Magazino’s software and development expertise will be even more closely integrated into Jungheinrich’s product development. Magazino gains access to Jungheinrich’s international sales and service network and becomes part of a broad portfolio of intralogistics products and solutions. The Magazino brand will be retained and the company will continue to work with external integration partners and customers.

“We’ve been working closely with Magazino for several years now, we are on par with each other and communicate well. The chemistry is simply right. Now we are taking the next logical step in our cooperation and acquire Magazino in full”, said Dr Lars Brzoska, Chairman of the Board of Management of Jungheinrich. “Magazino is a successful company with a very good management and top experts in the market. It has outstanding software competencies and has developed solutions that have the potential to shape the future of intralogistics in the long term. In the Group, we will leverage these competencies to jointly drive the further development of innovative automation and robotics solutions.”

Frederik Brantner, CEO and Co-Founder of Magazino: “The need for warehouse automation is growing constantly. By steering robots in this complex environment, we have developed a unique expertise that we want to further expand. We would like to thank our previous investors for the trust they have placed in us and for the many years of successful cooperation. They have supported us strategically and financially to date and have made a significant contribution to the further development of our business. Together we have laid the foundation for the next chapter in Magazino’s success story. With Jungheinrich, we will continue to extend our intralogistics technology leadership and expand internationally.”

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