- Stack Capital Holding (STCK) and Locus Robotics expands global partnership with DHL supply chain
- Locus Robotics offers autonomous mobile robots (AMR) for e-commerce and retail while Stack Capital is an investment holding company
- DHL has a global network spanning more than 220 countries and territories
- By the end of 2023, DHL’s operations will be fully integrated
- The integration is said to improve DHLs supply chain operation, worker productivity, order accuracy, speed and efficiency
- Stack Capital Group (STCK) is up over 4.50 per cent, trading at C$6.28 at 3:15 pm EST
Stack Capital Group (STCK) expands its business’ partnership with Locus Robotics to help DHL’s supply chain.
Locus Robotics offers autonomous mobile robots (AMR) for e-commerce and retail while Stack Capital is an investment holding company.
DHL will deploy 5,000 Locus Origin AMRs across its global network of warehouses and distribution centers.
By the end of 2023, DHL’s operations will be fully integrated.
The integration is said to improve DHLs supply chain operation, worker productivity, order accuracy, speed and efficiency.
“This [news] further validates the value and strength of Locus’ industry-leading robotics technology,” said Jeff Parks, CEO of Stack Capital.
“Stack Capital remains confident in the outlook for Locus and believes that its leadership team is on a path to delivering continued growth,” added Parks.
DHL has a global network spanning more than 220 countries and territories.
Stack Capital Group (STCK) is up over 4.50 per cent, trading at C$6.28 at 3:15 pm EST.
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