IFR Press Room

President’s Report by Marina Bill

The year 2024 has started with great visibility for IFR, with coverage by Bloomberg, Financial Times, Forbes, Handelsblatt, FAZ, AFP and Le Monde, among others.

 

AI-equipped Robots Help Logistics Industry to Fight Labor Shortages

The global logistics industry serves as a backbone of international trade – representing about 10 percent of the world´s GDP. As demand has been skyrocketing, companies have already heavily invested in robotics and automation: sales of professional service robots for the transportation of goods or cargo grew by 44% year-on-year (2021-2022). Yet, severe labor shortages are threatening to hamper future growth in the logistics industry worldwide. A new generation of AI-enabled robots helps to tackle these challenges