Had Amazon not purchased Kiva Systems for $775 million in 2012 and stopped selling its robots, Locus Robotics might not have become a spinoff of 3PL Quiet Logistics.
“The management team at the time had a choice of whether to not use robots, buy a robot or build their own,” Locus Robotics CEO Rick Faulk said during a fireside chat with Tony Palchek, managing director of Zebra Technologies, during the FreightWaves Future of Logistics Real Estate Summit on Tuesday. “I think they made a really smart decision.”
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