(IN BRIEF) Ingka Investments, the investment arm of Ingka Group — IKEA’s largest retail operator — has acquired U.S.-based logistics technology company Locus to strengthen IKEA’s digital and fulfilment capabilities. Locus’s AI-driven logistics platform optimizes delivery routes, resource allocation, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Food & Beverage, Industrial, Investment, Ireland, Management, Marketing, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged AI logistics, customer experience, digital transformation, e-commerce logistics, fulfilment network, Goldman Sachs, home delivery innovation, IKEA, Ingka Group, Ingka Investments, Ingka Investments acquires Locus to advance IKEA’s digital logistics and last-mile delivery capabilities, Ingka Investments acquires U.S.-based logistics technology firm Locus to enhance IKEA’s global delivery capabilities, Ingka Investments expands IKEA’s digital supply chain strategy through acquisition of Locus, investment acquisition, last-mile delivery, Locus, logistics technology, Made4net, Nishith Rastogi, Parag Parekh, retail technology, route optimisation, Supply Chain Management, sustainable distribution, TaskRabbit, Tolga Öncu
(PRESS RELEASE) MADRID / BONN, 27-Feb-2019 — /EuropaWire/ — DHL Express has just opened its new hub at Barajas Adolfo Suarez Airport in Madrid following an investment of 93 million euros. The company’s expansion will help strengthen the position of … Read the full press release
Posted in Germany, Infrastructure & Utilities, International Trade, News, Retail, Spain, Transportation & Logistics
Tagged Barajas Adolfo Suarez Airport, Deutsche Post DHL Group, DHL Express, DHL’s GoGreen Program, eCommerce, envelopes, international commerce, Jesús Sanchez, John Pearson, Latin America, logistics technology, Madrid, mails, Miguel Borrás, packages, sorting system
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