FedEx expands robotic automation relationship with Berkshire Grey
FedEx says it is building on its relationship with the AI-enabled robotic solutions specialist Berkshire Grey in order to streamline its operations and drive long-term efficiencies.
As part of the expansion of this relationship, Berkshire Grey and FedEx have entered into an agreement for new development activities that will provide broader AI robotic automation capabilities to help improve the safety and efficiency of FedEx package handling operations globally.
The two companies also expect to execute a “master system purchase agreement in 2022”, which will streamline and expedite the procurement process for Berkshire Grey solutions across all FedEx operating companies globally.
Additionally, Berkshire Grey has granted FedEx a warrant to purchase common stock which vests incrementally.
“Our growing relationship with Berkshire Grey for robotic automation is a direct response to the growth of e-commerce, which has accelerated the demand for reliable automated solutions throughout all stages of the supply chain,” said Rebecca Yeung, Corporate VP of Operations Science and Advanced Technology, FedEx. “FedEx believes that continued innovation and automation will improve efficiency, productivity and safety for its team members as they continue to keep the global supply chain moving.”
FedEx Ground and Berkshire Grey are already working together to deploy Berkshire Grey’s Robotic Product Sortation and Identification (RPSi) systems to robotically sort small packages that arrive daily and require distribution. In addition to the recent installations at eight sortation facilities, including Queens, NY, Las Vegas, Nev., and Columbus, Ohio, FedEx Ground plans to have RPSi systems in place at select additional facilities in the network over the next 12 months.
