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News

Chip Shortage Could Drag On

According to Reuters, Intel is predicting its problems with its chip supply chain could last for several years. 

Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

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Supply Chain Startup Gets $202mil in Funding

Project44, a supply chain tech startup, has secured $202 million in funding, reports PYMNTS.

Supply chain technology startup project44 has closed a Series E funding round with $202 million, according to a company blog post. The company is now valued at $1.2 billion.

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DHL Adding Robots to Warehouses

According to Supply Chain Digital, DHL is implementing a number of robotic solutions into its warehouses. 

The leading logistics company within the Deutsche Post DHL Group, DHL Supply Chain, announced it would be implementing a large number of robotics into its warehousing.

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