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DAT Releases 2023 Freight Focus Report

Fastener News Desk

DENVER–(BUSINESS WIRE)–From new consumer buying patterns to dramatically higher costs for fuel and labor, truckload freight professionals faced fresh challenges in 2022 that have led to a more measured, data-driven approach to 2023, according to a new annual report published by DAT Freight & Analytics.

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Contoro picks up $12M to scale container unloading robots

Robotics Business Review

Founded in 2022, Contoro Robotics uses a human-in-the-loop (HITL) model to close the gap between AI robotics performance and industrial needs, Yun explained. Source: Contoro In addition, Contoro created Duo-Grasp, a proprietary two-point gripping system, to securely handle a wider range of box sizes and weights than competing end effectors.

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Prices rise for polyethylene, PET

Plastics News

Regional PET bottle resin prices also were up 2 cents for the month, according to market sources contacted by Plastics News. Although demand was down in the second half of 2022, PE makers were able to hold prices flat by reducing production and increasing the amount exported from North America. billion pounds in 2022.

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Wayve announces strategic partnership with and investment from Uber

Robotics Business Review

Source: Wayve Most self-driving vehicle developers, like Cruise and Waymo, meticulously map the areas their robotaxis will drive in. Uber also signed a 10-year commercial agreement with Motional in 2022. The company has an ongoing partnership with Uber Freight. Motional also delivers with Uber Eats in California. Register now.

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How 3D printing is reshaping the future of supply chains

Manufacturer's Monthly

According to the Australian Bureau of Statistics (ABS), more than a third of all businesses experienced supply chain disruptions in February 2022. Manufacturers have had to rapidly reassess and pivot to new sources of supply to ensure greater resilience in their supply chains and reduce excessive capital-intensive inventories.

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Fastener Distributor Index – November 2022

Fastener News Desk

The Fastener Distributor Index (FDI) survey for November, 2022. Additionally, supply chain constraints continued to ease, with noticeable improvement in ocean freight times commented on by multiple respondents. RELATED CONTENT: Fastener Distributor Index | October 2022. FASTENER DISTRIBUTOR INDEX (FDI) | SEPTEMBER 2022.

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Commodity prices rise; engineering resins drop

Plastics News

PP prices were down 4 cents in December and down a net of 42 cents for full-year 2022. Regional PVC prices finished 2022 down a net of 31 cents. That number essentially was flat vs. December but down more than 27 percent vs. the same month in 2022. Prices for all grades of PE were down a net of 2 cents for full-year 2022.

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