Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Universal Robots Ships Cobots w/ Two-Week Lead Time, Helps Manufacturers Meet Tax Deduction Deadline

Universal Robots currently offers one of the shortest lead times in the market, allows manufacturers to meet the Section 179 tax deduction incentive deadline that can dramatically reduce cost of collaborative robots while stretching year-end budgets.

Universal Robots Ships Cobots w/ Two-Week Lead Time, Helps Manufacturers Meet Tax Deduction Deadline

Facing unprecedented low unemployment figures, manufacturers of all sizes are struggling to fill repetitive and undesirable manufacturing jobs. With the help of the Section 179 tax deduction, US businesses may be able to significantly stretch their use-it-or-lose-it 2022 budgets and purchase collaborative robots to take on the repetitive manufacturing tasks that workers don’t want. Section 179 requires that qualified equipment and off-the-shelf software is purchased and placed into service by December 31, 2022, but with its unique two-week ship program, Universal Robots (UR) can make that happen.

“Manufacturers simply can’t staff positions to meet their production demands, and many can’t turn to traditional automation, which is too expensive and complex, especially for small and midsized businesses,” says Joe Campbell, senior manager of applications development and strategic marketing at Universal Robots. “UR cobots are cost-effective and easy to implement, and with the Section 179 tax deduction they can be even more affordable. Businesses should consult their tax expert right away to see if they can take advantage of this opportunity, and we’ll do our part to help them meet eligibility requirements.”


Universal Robots successfully navigating supply chain landscape
The strain placed on global supply chains this year continues to make headlines, from semiconductor shortages to labor and equipment availability, all exacerbated by geopolitical uncertainty. Despite these headwinds, Universal Robots has seen significant growth in production while fulfilling its production plan; One cobot is typically comprised of around 600 different parts, sourced from more than 100 separate suppliers.

The 150-person production team at Universal Robots are all involved in getting a cobot made on time, many specifically tasked with overcoming supply chain issues; dual or even triple sourcing parts, including team members travelling to component suppliers to oversee the finalizing and shipping of crucial components.

“Collaboration and communication have been key, with the team speaking to primary suppliers on at least a daily basis,” said Vice President for Operations and Supply Chain, Anders Lassen, adding “The emphasis is on keeping everyone aligned to the shared goal – namely, the timely delivery of cobots to our customers.”

https://www.dropbox.com/sh/agco0p45lj28b48/AABWZbdjXcPn7BI01Q58DEhya?dl=0

The Latest

More Stories

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less

Featured

ETIHAD CARGO celebrates 20 years of successful operations in India

ETIHAD CARGO celebrates 20 years of successful operations in India

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating 20 years of operations in India, a milestone that reflects the airline's ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over the years, Etihad Cargo has expanded its presence in India, now offering belly hold capacity via nonstop services between Abu Dhabi and 12 major Indian cities, with plans for further growth.

Etihad Cargo handles over 46,000 tonnes of cargo annually ex India, connecting the country to over 100 global destinations via its Abu Dhabi hub via 588 widebody and narrowbody rotations each month. To meet the needs of specific sectors, Etihad Cargo has enhanced its product range, adding new features and launching new products. Key commodities handled include electronics, including mobile phones and semiconductors, garments, pharmaceuticals, perishables, e-commerce, automobile components and courier shipments, reflecting the diversity and strength of India's manufacturing and export sectors.

Keep ReadingShow less

Xtreme Trucking selects HOPTEK’s Dispatch Engine® solution forreal-time visibility and optimization of fleet operations

Charlotte NC, September 23, 2024 (McLeod User Conference ) – HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

Keep ReadingShow less
Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide.

The new partnership aims to catalyze fast-moving consumer goods (FMCG) and life science brands and their supplier networks to work together more effectively through digital transformation solutions, thereby mutually improving costs, service and revenue. Combining the supply chain orchestration capabilities of Kinaxis with the collaborative external manufacturing specialization of Nulogy will enable customers to share forecasts and order information with suppliers and receive inventory capacity information faster.

Keep ReadingShow less
ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE

ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE

FOR IMMEDIATE RELEASE
Contact: Sherri Bosslet
Title: Director of Customer Relations
Phone: 937.415.1715
Email: sbosslet@daytonfreight.com
Date: September 5, 2024
Web: daytonfreight.com

ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE
DAYTON, Ohio – Dayton Freight Lines, Inc., a leading provider of regional less-than-truckload (LTL) transportation services, was presented the 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award from Uline.

Keep ReadingShow less