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Outrider brings in $62M to drive commercial scaling in 2025

Robotics Business Review

Source: Outrider Outrider today announced that it has raised $62 million in an oversubscribed Series D financing round. The provider of autonomous yard operations for logistics hubs said the funding will drive its operations as a service with Fortune 500 customers in 2025 and solidify its position as a leader in logistics automation.

Logistics 121
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Pickle Robot gets orders for over 30 unloading systems plus $50M in funding

Robotics Business Review

Source: Pickle Robot Robotic truck unloading fits the classic definition of dull, dirty, or dangerous jobs worth automating. yesterday announced that it has raised $50 million in Series B funding and that six customers placed orders during the third quarter for more than 30 robots to deploy in the first half of 2025. Pickle Robot Co.

Robotics 124
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Planzer and LOXO roll out urban pilot for autonomous vehicles in Switzerland

Robotics Business Review

Source: Planzer Planzer, a Swiss logistics company, is partnering with autonomous technology start-up LOXO to roll out their first joint project. The country’s new Automated Vehicles ( AV ) Act 1 is expected to take effect in early 2025. A Volkswagen ID Buzz cargo van equipped with LOXO’s Digital Driver navigation software.

Logistics 121
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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. Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic, sources said. Mexico was the largest source of U.S.

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Commodity prices rise; engineering resins drop

Plastics News

Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic began, sources said. Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.

Sourcing 110
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Will autotech ventures race east in 2024?

Robotics Business Review

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. By 2025, car ownership would join buggy whips as a symbol of transportation lore, he said.

Robotics 121
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Most resins saw prices drop in December

Plastics News

That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Since September, regional prices for polycarbonate are down an average of 11 cents per pound, according to sources contacted by PN.