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There was an advertisement in the '80s in which American entrepreneur Victor Kiam said he liked Remington razors so much that he bought the company.
This week, we see something similar, with online retailer Amazon taking a stake in warehouse robotics firm Balyo.
Not only will Amazon be adopting the French company's technology for self-driving forklifts, it also has the right to buy up to a third of the company.
Amazon did something similar in 2012, buying Kiva Systems and adopting its warehouse robots.
Balyo already supplies its technology to a number of forklift manufacturers and if the Amazon deal reflects anything, it is confidence in AGVs. Watch this space ...

Global News

Editorial articles by Forkliftaction News

Amazon builds stake in Balyo

FRANCE Amazon could build a stake of almost a third in warehouse robotics firm Balyo in the next seven years, as part of a deal that ...

Toyota streamlines in US

UNITED STATES Toyota Industrial Equipment Manufacturing (TIEM) and Toyota Material Handling, USA (TMHU) have announced plans to integrate into a single business unit by January 2020. The ...

Jungheinrich and Fricke collaborate for parts

GERMANY Jungheinrich AG and the Fricke Group from Heeslingen in Lower Saxony are combining their expertise in the fields of intralogistics and spare parts wholesale to ...

IFOY finalists named

GERMANY Fifteen finalists have been selected for this year's IFOY (International Intralogistics and Forklift Truck of the Year) awards. Competing in the seventh edition ...

Movers & shakers

Ranger Lifting, SencorpWhite, Riwal

Weba Chute appoints Canadian distributor

SOUTH AFRICA Weba Chute Systems has appointed FWS Bulk Material Handling as the official distributor of its technology in Canada. The signing of this latest licence ...

JLG celebrates 50 years

UNITED STATES Aerial work platform and telehandler manufacturer JLG Industries has kicked off its year-long 50th anniversary celebrations, marking a half-century since its founder spearheaded the access ...

Nine teams compete for Hactl honours

HONG KONG The 12th edition of the Hong Kong Air Cargo Terminals Limited (Hactl) International Forklift and Pallet Building Competition has wrapped up at SuperTerminal 1 at ...

Konecranes embraces IoT

UNITED STATES Konecranes has implemented Siemens' digital innovation platform to accelerate its product development process and connect product and performance data. The company is using MindSphere, the ...

Charges still possible after death

UNITED KINGDOM Police are investigating the death of a veteran forklift truck driver whose machinery toppled over on a Wavertree building yard and killed him. A ...
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Rocla AGVs are part of the team at Valio cheese factory

By replacing manual operators with AGVs the amount of damage to vehicles, stock and site has reduced by 90 %.

P.B.M. launches new ON-BOARD chargers

PBM leading Company in battery charger production since 1973 launches a complete range of UL listed on-board chargers.

MEYER and BOLZONI AURAMO: LogiMAT 2019 Preview

MEYER High Performance Fork Positioner - New G Series now also available in ISO 4 and mast integral up to 14 ton at 600 mm load center

Consolidation Continues to Impact the Industrial Packaging Industry

Consolidation will continue to be an impactful trend in the industrial, transit and protective packaging sector in 2019. It's one of many topics that will be discussed throughout the numerous conference sessions at Industrial Pack 2019.

iVT EXPO: Speaker interview with Hyster's Willem Nieuwland

This February UKi Media & Events will present iVT Expo, a free-to-attend exhibition in Cologne, Germany, which also features four leading industrial vehicle conferences where over 80 experts will address the critical trends shaping future vehicle development.

MHEDA Announces REVISED 2019 MVP & MVS Awards

MHEDA is proud to announce the winners of our 2019 MVP & MVS Awards.

Asia Warehousing Show will showcase the latest intra-logistics innovations

ASEAN's popular exhibition for intra-logistics industry is around the corner.
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Forkliftaction Features: Sign up for attachments feature contribution now!

Forkliftaction has set the topics for four upcoming feature reports in 2019. These diverse topics, selected by the Forkliftaction team, reflect some areas within the market that are currently undergoing rapid development and change:
  • ATTACHMENTS - Contributor sign up ends soon!
If you feel you can provide insight into the trends, challenges and opportunities in any of these key areas please:
CONTACT the team to find out more about contributing.  

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