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GXO Logistics (GXO) and Sky Italia Team Up for Logistics Services
GXO Logistics (GXO) and Sky Italia Team Up for Logistics Services

Yahoo

time6 hours ago

  • Business
  • Yahoo

GXO Logistics (GXO) and Sky Italia Team Up for Logistics Services

GXO Logistics, Inc. (NYSE:GXO) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On July 15, GXO Logistics, Inc. (NYSE:GXO) announced that it has signed a multi-year agreement with Sky Italia for logistics services and value-added activities in Italy. Under this agreement, GXO Logistics, Inc. (NYSE:GXO) will manage Sky's supply chain from its warehouse in Colleferro, Italy. A fleet of rented trucks parked alongside a warehouse, emphasizing the company's logistics services. The Colleferro warehouse is 30,000 square meters in total size. This includes 7,000 square meters dedicated to storing over 1 million Sky products. As part of the agreement, GXO Logistics, Inc. (NYSE:GXO) will store Sky's Business Core products like decoders and routers, the Glass line Smart TVs, and merchandising related to the Sky brand and TV series. GXO Logistics, Inc. (NYSE:GXO) has been operating the Colleferro warehouse since 2010. The facility is a multi-user site that provides a scalable solution to support the growth of Sky's business during busy peak periods. Additionally, the warehouse offers high levels of security to protect high-value products. In addition to storage and logistics, GXO Logistics, Inc. (NYSE:GXO) will manage value-added activities such as supply chain management and quality control checks of Sky hardware and software. GXO Logistics, Inc. (NYSE:GXO) is an American multinational contract logistics company that serves blue-chip companies with its supply chain and e-commerce solutions. While we acknowledge the potential of GXO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

93% warehouses prioritise throughput as key to ROI, says report
93% warehouses prioritise throughput as key to ROI, says report

Zawya

timea day ago

  • Business
  • Zawya

93% warehouses prioritise throughput as key to ROI, says report

A new global report from AutoStore, analyzed by Swisslog, reveals that 93% of supply chain leaders rate improving throughput as a top warehouse priority in 2025, with nearly all surveyed (97%) having implemented some form of automation to date. With the Middle East logistics market set to double this year since 2020, the findings underscore the growing urgency for businesses to optimize automation and software capabilities to unlock higher performance and faster returns on investment. The State of Warehouse Management and Fulfillment 2025 report surveyed over 300 global executives with supply chain responsibility, benchmarking automation trends, and identifying key operational priorities. Swisslog, a leading AutoStore integrator, examined the findings with a focus on how advanced warehouse execution and automation control software, such as Swisslog's SynQ platform, can drive meaningful improvements in the metrics that matter most to regional businesses. Key highlights from the report include: ●Throughput performance surges in priority: Improving throughput rose from the 8th highest priority in 2024 to 4th in 2025, with 93% of respondents citing it as 'very' or 'extremely important.' ●Near-universal adoption of automation: 97% of warehouses have already implemented some form of automation, yet nearly half (48%) report being less than 50% automated, highlighting significant room for growth. ●Software-driven optimization: Advanced automation control software can unlock up to 20% increases in bin retrieval speeds by optimizing bin selection and order batching. ●Integration is critical: As automation levels expand, seamless software integration across multiple systems becomes vital to prevent operational complexity and ensure data-driven performance improvements. The report also highlights how flexibility in automation software enables businesses to adapt to evolving customer demands, streamline omnichannel fulfillment, and maximize both throughput and storage density. Commenting on the findings, Rami Younes, General Manager at Swisslog Middle East, said: "This year's report makes it clear: automation alone is no longer enough. Businesses that want to stay competitive must also focus on software that enhances performance and integrates seamlessly across technologies." "In the Middle East, where we're seeing fast growth in omnichannel retail and an e-commerce sector projected to reach $50 billion by 2025, the pressure to improve throughput, maximize density, optimize order fulfilment and adapt to demand spikes is mounting. Software is the key enabler of these capabilities," he added. The report also warns of the risks of fragmented automation systems, which can lead to inefficiencies and limit the value of operational data. Swisslog's SynQ platform addresses this by providing a single, unified software solution to manage and optimize automation assets. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

Explosion rocks Syria's Idlib city
Explosion rocks Syria's Idlib city

Al Bawaba

timea day ago

  • Al Bawaba

Explosion rocks Syria's Idlib city

Published July 24th, 2025 - 10:06 GMT ALBAWABA - Syrian News Channel revealed that an explosion rocked the city of Idlib in Syria and the surrounding towns. No official sources have yet commented on the explosion in Idlib city, nor has the reason behind it been shared. Some videos were posted on social media showing a huge cloud rising into the sky, and allegedly said that a massive explosion occurred at an "ammunition warehouse" near Maarat Misrin in the Idlib countryside a short while ago.4 Syrian Observatory for Human Rights said that ambulances rushed to the explosion site, amid reports of deaths and injuries, while the reason behind the explosion remains unknown. © 2000 - 2025 Al Bawaba (

New report analyzed by Swisslog reveals 93% of warehouses prioritize throughput as key to ROI
New report analyzed by Swisslog reveals 93% of warehouses prioritize throughput as key to ROI

Zawya

timea day ago

  • Business
  • Zawya

New report analyzed by Swisslog reveals 93% of warehouses prioritize throughput as key to ROI

Dubai, UAE - A new global report from AutoStore, analyzed by Swisslog, reveals that 93% of supply chain leaders rate improving throughput as a top warehouse priority in 2025, with nearly all surveyed (97%) having implemented some form of automation to date. With the Middle East logistics market set to double this year since 2020, the findings underscore the growing urgency for businesses to optimize automation and software capabilities to unlock higher performance and faster returns on investment. The State of Warehouse Management and Fulfillment 2025 report surveyed over 300 global executives with supply chain responsibility, benchmarking automation trends, and identifying key operational priorities. Swisslog, a leading AutoStore integrator, examined the findings with a focus on how advanced warehouse execution and automation control software, such as Swisslog's SynQ platform, can drive meaningful improvements in the metrics that matter most to regional businesses. Key highlights from the report include: Throughput performance surges in priority: Improving throughput rose from the 8th highest priority in 2024 to 4th in 2025, with 93% of respondents citing it as 'very' or 'extremely important.' Near-universal adoption of automation: 97% of warehouses have already implemented some form of automation, yet nearly half (48%) report being less than 50% automated, highlighting significant room for growth. Software-driven optimization: Advanced automation control software can unlock up to 20% increases in bin retrieval speeds by optimizing bin selection and order batching. Integration is critical: As automation levels expand, seamless software integration across multiple systems becomes vital to prevent operational complexity and ensure data-driven performance improvements. The report also highlights how flexibility in automation software enables businesses to adapt to evolving customer demands, streamline omnichannel fulfillment, and maximize both throughput and storage density. Commenting on the findings, Rami Younes, General Manager at Swisslog Middle East, said, 'This year's report makes it clear: automation alone is no longer enough. Businesses that want to stay competitive must also focus on software that enhances performance and integrates seamlessly across technologies. In the Middle East, where we're seeing fast growth in omnichannel retail and an e-commerce sector projected to reach US$50 billion by 2025, the pressure to improve throughput, maximize density, optimize order fulfilment and adapt to demand spikes is mounting. Software is the key enabler of these capabilities.' The report also warns of the risks of fragmented automation systems, which can lead to inefficiencies and limit the value of operational data. Swisslog's SynQ platform addresses this by providing a single, unified software solution to manage and optimize automation assets. The full State of Warehouse Management and Fulfillment 2025 report is available to download here. -Ends- About Swisslog Swisslog delivers data-driven & robotic solutions for your logistics automation alongside reliable, modular service concepts. Collaborating with forward-thinking companies, we are committed to setting new standards in warehouse automation to provide future-proof products and solutions. As part of the KUKA Group, our customers trust the competence of our passionate employees – more than 14,000 people working across the globe. &

The Defects – K-drama Episode 1 Recap & Review
The Defects – K-drama Episode 1 Recap & Review

The Review Geek

time2 days ago

  • Entertainment
  • The Review Geek

The Defects – K-drama Episode 1 Recap & Review

Refund Episode 1 of The Defects Season 1 starts with a flashback to 2011. The episode introduces us to two men driving to what looks like a run-down warehouse. One of the men asks Tae-sik to take care of something and promises him good money. He asks if Tae-sik is curious about the job, but Tae-sik insists he doesn't want to know. He only wants the job to pay his mother's hospital bills. Shortly after, we see Tae-sik drag a big black bag and put it in a big metal cylinder. He is about to add a cement mixture when the bag moves. Upon opening the bag, Tae-sik is taken aback to see a young girl begging him to spare her life. He pulls his gun and fires a shot. Presently, a young woman makes her way downtown. She enters a closed bathhouse and cooks noodles for her younger siblings. There are currently four kids secretly living in the bathhouse. They have surveillance cameras everywhere and monitor the police radio. One of the girls, So-mi, is sulking and wants chicken instead of noodles. To cheer her up, A-hyeon promises to get them chicken. The kids sneak out of the bathhouse, and Tae-sik is immediately notified of their movements. He is tracking them with his phone. To get money to buy chicken, the kids infiltrate an illegal gambling house. They start a fight with the guards while two of the kids, So-mi and Joo-an, open the safe. After an intense fight, the kids win, but they only take enough money to buy chicken. They leave the gambling house before the police arrive. After getting their beloved chicken, the kids get a message from Tae-sik, asking where they are. They hurry back home, where Tae-sik is waiting to train them. As they shoot at their targets, each kid relives the moment his or her adoptive parents betrayed them. They envision shooting their parents and getting revenge. Based on their memories, these kids suffered a lot at the hands of these parents. Later, Tae-sik warns them not to leave the house again if they don't want to endanger all their lives. So-mi lashes out at Tae-sik, blaming him for their sad existence. However, A-hyeon reminds her that they all wanted to live, and Tae-sik saved them. Later, Tae-sik talks to A-hyeon and shares his plan for the kids. He wants to send them out of Korea, where they can start a new life. He already organised a small boat to take the kids away soon. He asks A-hyeon to wait for the call patiently. He promises that he will join them once he wraps a few things up. The next day, Tae-sik talks to his boss to see if they could get more business. Tae-sik suggests going behind Director Jung and contacting the higher-ups about business expansion. His boss refuses, noting that it will be dangerous and they don't know who the higher-ups are. Elsewhere, we see a woman, Se-hee, visit a children's home and have a meal with the kids. On the other side of town, Jung-hyeon kills a reporter who was onto their child trafficking business. In the meantime, A-hyeon rewatches old videos of Se-hee advising parents on how to show affection to their kids. The scene cuts to Se-hee at her daughter's school. Se-hee is pleased with her daughter's progress at the school. However, another woman is displeased by her son, Si-woo's progress. The teacher informs Si-woo's mom, Min-joo, that her son is not a mathematics genius, and is unlikely to join the Mensa maths class. Min-joo is disappointed with Si-woo and makes plans to return him. A call is made to Se-hee, but she subtly hangs up so as not to alert her daughter. Se-hee uses her daughter to get more information about Si-woo. On the other side of town, Tae-sik's boss asks him to take care of Si-woo's refund. He leaves Min-joo's voice recording with Tae-sik and heads out. Poor Si-woo asks his mom to take him to play, not knowing she is organising his death. Min-joo calls her husband and convinces him it is for the best to abandon Si-woo. She asks him to drop by and play the act of a concerned father once Si-woo goes missing. Without missing a beat, Min-joo waits for Si-woo to be taken before pretending her son is missing. Tae-sik takes Si-woo and plays for him the recording of his mom's call to the higher-ups. He promises to keep Si-woo safe and breaks the sad news of his parents' betrayal to the 11-year-old boy. His boss calls to check how things are going and says he will be there shortly. As he is running out of time, Tae-sik drops Si-woo near the bathhouse and gives him instructions on where to go. Unfortunately, Si-woo sees a payphone and calls his mom. He believes Tae-sik is lying, but after hearing his parents' reaction to his call, he breaks down and cries. He realises that Tae-sik was not lying about his parents wanting him dead. At the same time, Tae-sik texts A-hyeon, informing her of Si-woo's arrival. After hearing from Si-woo, his parents call the higher-ups to ask what is going on. Jung-hyeon calls Tae-sik's boss and asks for Si-woo. Tae-sik boss quickly drives to the warehouse and finds Tae-sik wrapping things up. Tae-sik plays cool and acts like Si-woo is already in the cylinder. Unfortunately, Jung-hyeon and his men show up, too. Jung-hyeon kills Tae-sik's boss and demands to see Si-woo's body. Tae-sik quickly takes Jung-hyeon's gun, and a gunfight ensues. Tae-sik manages to take off, but Jung-hyeon and his men follow him. A car chase ensues with Jung-hyeon actively trying to hit Tae-sik's car off the road. At the bathhouse, Si-woo safely arrives, and the kids warmly welcome him. They do their best to cheer him up, but Si-woo can't stop crying. Over the radio, they hear news of Si-woo's disappearance. They ask Si-woo if he contacted anyone, and he confesses to calling his mom. A-hyeon quickly leaves to save Tae-sik, but she arrives too late. She watches in horror as Jung-hyeon succeeds in pushing Tae-sik's car off the road. The car rolls a few times before blowing up. In the epilogue, we go back to the night Tae-sik rescued A-hyeon. She gave him a handkerchief with her name tag. Later, Tae-sik brought her to the abandoned bathhouse. A-hyeon immediately decided that it would be her new home and settled in. Soon after, Tae-sik brought more kids, and they became a family. They even took pictures and enjoyed dinners together like a real family. The Episode Review If you are looking for a light, fun show, this is not one of those. This show deals with heavy themes such as child trafficking, child abuse, sexual abuse, and many more. It will be an emotional rollercoaster that will tug at your heart. Brace yourself! This episode introduces us to our protagonist A-hyeon, Tae-sik, and the other kids. Their adoptive parents returned them for disappointing them in one way or another. For Si-woo, his parents were offended that he was not a mathematics genius. For this, they abandoned Si-woo and ordered his execution. The kids are simply toys that they used to their advantage, and once they are done, they are disposed of. Their disregard for human life is astounding. Frankly, it makes our blood boil. These people didn't deserve to be parents in the first place. The plot aside, we have to talk about the acting. It is nice to see Dex in another main role. This may be the first episode, but he is pulling off this cold character well. His UDT training comes in handy in the action scenes, and we look forward to seeing this new side of him. Of course, he is joined by the talented Jung-ah. We are used to seeing them in Fresh Off The Sea, and their dynamic here is quite a change of pace. The rest of the cast, including Jin-ah and Na-eun, are winning us over with their stellar performance too. Overall, The Defects is starting on a high roll. Hopefully, the show will maintain this pace throughout the 7 remaining episodes.

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