![]() ![]() As part of their partnership, Phantom and ArcBest will leverage each company’s complementary technologies to go-to-market with multiple integrated solutions, beginning with human operated, remote-enabled autonomous counterbalance forklifts. ![]() To meet this demand and accelerate growth, the company is rapidly growing its team, and is rolling out technology and service capabilities to support scaled forklift operations. The large orders from ArcBest and NFI, along with Phantom’s existing commercial traction in the material handling industry, indicate the fast-growing demand for remote-enabled forklifts among supply chain and logistics operators. With Phantom, supply chain operators can tap into drivers from anywhere - connecting people who want to work with jobs that need to be filled. By decoupling labor from location, the company increases labor access and retention, safety, productivity, and resilience across the supply chain. Phantom is helping its customers solve the labor shortage with human-centered remote operation, enabling people to remotely operate forklifts, trucks, robots, and other vehicles from up to thousands of miles away. ![]() With thousands of driving jobs unfilled, annual turnover often exceeding 90%, and challenges from the COVID-19 pandemic, the problem is only getting worse. The global supply chain faces a critical labor shortage that is estimated to cost the US economy $1 trillion by 2030. The funding also includes investment from Bessemer Venture Partners, Maniv Mobility, OurCrowd, Perot Jain, Max Blankfeld, and other previous investors. ArcBest and NFI executed commercial agreements to deploy thousands of Phantom-powered forklifts in the coming years. SOUTH SAN FRANCISCO, Calif.-( BUSINESS WIRE)- Phantom Auto, the leading provider of remote operation software for logistics vehicles, today announced a strategic investment of $42M led by ArcBest (Nasdaq: ARCB), a multi-billion dollar freight and logistics service provider, and NFI, one of the largest third-party logistics providers in North America. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |