Skip to content
Search AI Powered

Latest Stories

Seaports rush to adopt AGVs to tackle global container congestion

But ABI Research warns that facilities must also manage costs of technology change and worker training.

containers port-4602964_1280.jpg

Seaports are rapidly turning to automated guided vehicles (AGVs) in their search for more productive automation to transport containers and loads to and from ships, according to a study from analyst firm ABI Research.

But to gain the full benefits of the investment, facilities must also apply change management tactics to control related variables like an initial loss in productivity as workers learn to use the new equipment, the New York-based firm said.


The trend comes as the maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. Other autonomous horizontal transport modes that are also seeing a bump in orders include gantries, automated port gates, and stacking cranes, ABI said.

As a result, AGV seaport deployments worldwide will have a compounded annual growth rate (CAGR) of over 26% from 2022 to 2030, and exceed 370,000 global deployments by 2027, the report found.

“Automation improves port operations' reliability, consistency, and workplace security. Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,” Adhish Luitel, Supply Chain Management & Logistics Senior Analyst at ABI Research, said in a release.

Automation is also set to rise in other transportation modes such as rail, air, and road. ABI cited an example of growing numbers of rail camera systems and inspection robots used in rail infrastructure.

However, companies must support that rapid adoption with careful change management practices, ABI warned. “Automation in various modalities, despite its benefits, can also bring costs of which supply chain managers might need to be wary,” Luitel said. “Although automation can streamline workflows and make tasks easier in the long run, they come at the expense of initial potential productivity losses that come with equipping workers with the right skillsets to operate and maintain these solutions. So, there is a change management aspect of which managers and authorities must be more mindful.”

 

 


 

 

Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of sectors leasing warehouse space

3PLs claim growing share of large industrial leases, CBRE says

Third-party logistics (3PL) providers’ share of large real estate leases across the U.S. rose significantly through the third quarter of 2024 compared to the same time last year, as more retailers and wholesalers have been outsourcing their warehouse and distribution operations to 3PLs, according to a report from real estate firm CBRE.

Specifically, 3PLs’ share of bulk industrial leasing activity—covering leases of 100,000 square feet or more—rose to 34.1% through Q3 of this year from 30.6% through Q3 last year. By raw numbers, 3PLs have accounted for 498 bulk leases so far this year, up by 9% from the 457 at this time last year.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less