Reported about 1 month ago
FedEx has announced an investment in Nimble, a robotics and autonomous technology company, aimed at improving its Fulfillment unit that supports small and medium-sized enterprises with order fulfillment and inventory management. This move reflects the growing trend among parcel delivery companies to automate operations to reduce costs and enhance efficiency amid weaker freight demand. The partnership will allow FedEx to amplify its logistics capabilities across North America, further developing its presence in the e-commerce sector.
Source: YAHOO