FedEx's robotics investment

Plus: Atlas Air preps for ecomm surge

Author

Gowtham Ramachandran
September 12, 2024

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Plus: Could planes run on hydrogen? (4 min)

 

FedEx invests in robotics company Nimble

Source: Getty Images

FedEx has announced a strategic investment in Nimble, an AI robotics company, to improve its supply chain capabilities across North America. This partnership aims to streamline FedEx Fulfillment services, particularly for small and medium-sized businesses, by leveraging Nimble's autonomous logistics solutions. The investment amount remains undisclosed, but it is part of FedEx's broader strategy to improve operational efficiency and respond to low freight demand by increasing automation in its services. The FedEx Supply Chain has more than 130 warehouses and fulfillment operations in North America and processes 475 million returns annually.

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