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ArcBest Named to Fast Company’s List of the Next Big Things in Tech

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ArcBest (Nasdaq: ARCB) has been named to Fast Company's Next Big Things in Tech list, recognized in the General Excellence category for its Vaux Smart Autonomy technology. The system combines autonomous mobile robot forklifts and reach trucks with intelligent software and remote teleoperation capabilities. Vaux vehicles feature advanced perception software, sensors, and cameras providing a 3D, 360-degree view for safe navigation in warehouses and distribution centers. The technology enables robots and humans to work safely side by side, representing a significant advancement in materials movement automation.

ArcBest (Nasdaq: ARCB) è stata inserita nella lista delle Prossime Grandi Novità nel Settore Tecnologico di Fast Company, riconosciuta nella categoria Eccellenza Generale per la sua tecnologia Vaux Smart Autonomy. Il sistema combina carrelli elevatori autonomi e camion a pantografo con software intelligente e capacità di teleoperazione remota. I veicoli Vaux sono dotati di software avanzato di percezione, sensori e telecamere che forniscono una vista 3D a 360 gradi per una navigazione sicura all'interno di magazzini e centri di distribuzione. Questa tecnologia consente ai robot e agli esseri umani di lavorare in sicurezza fianco a fianco, rappresentando un avanzamento significativo nell'automazione dei movimenti di materiali.

ArcBest (Nasdaq: ARCB) ha sido nombrada en la lista de Fast Company sobre las Próximas Grandes Innovaciones en Tecnología, reconocida en la categoría de Excelencia General por su tecnología Vaux Smart Autonomy. El sistema combina carretillas elevadoras robotizadas autónomas y camiones de alcance con software inteligente y capacidades de teleoperación remota. Los vehículos Vaux cuentan con software avanzado de percepción, sensores y cámaras que proporcionan una vista 3D de 360 grados para una navegación segura en almacenes y centros de distribución. Esta tecnología permite que robots y humanos trabajen de manera segura lado a lado, lo que representa un avance significativo en la automatización del movimiento de materiales.

ArcBest (Nasdaq: ARCB)는 Fast Company의 차세대 기술 혁신 목록에 이름을 올렸으며, Vaux Smart Autonomy 기술로 일반 우수성 부문에서 인정받았습니다. 이 시스템은 자율 모바일 로봇 지게차와 리치 트럭, 지능형 소프트웨어 및 원격 텔레오퍼레이션 기능을 결합하고 있습니다. Vaux 차량은 고급 인식 소프트웨어, 센서 및 카메라를 통해 안전한 내비게이션을 위한 3D, 360도 뷰를 제공합니다. 이 기술은 로봇과 인간이 안전하게 나란히 작업할 수 있게 하여 자재 이동 자동화에서 중요한 발전을 이룹니다.

ArcBest (Nasdaq: ARCB) a été sélectionnée dans la liste des Prochaines Grandes Innovations Technologiques de Fast Company, reconnue dans la catégorie Excellence Générale pour sa technologie Vaux Smart Autonomy. Le système combine des chariots élévateurs mobiles autonomes et des chariots de portée avec des logiciels intelligents et des capacités de téléopération distances. Les véhicules Vaux sont équipés de logiciels de perception avancés, de capteurs et de caméras offrant une vue 3D à 360 degrés pour une navigation en toute sécurité dans les entrepôts et les centres de distribution. Cette technologie permet aux robots et aux humains de travailler en toute sécurité côte à côte, représentant une avancée significative dans l'automatisation du mouvement des matériaux.

ArcBest (Nasdaq: ARCB) wurde auf die Liste der Nächsten Großen Dinge in der Technologie von Fast Company gesetzt, anerkannt in der Kategorie Allgemeine Exzellenz für ihre Technologie Vaux Smart Autonomy. Das System kombiniert autonome mobile Roboter-Gabelstapler und Hochregalstapler mit intelligenter Software und Fernsteuerungsfunktionen. Vaux-Fahrzeuge verfügen über fortschrittliche Wahrnehmungssoftware, Sensoren und Kameras, die eine 3D-360-Grad-Ansicht für eine sichere Navigation in Lagern und Verteilzentren bieten. Diese Technologie ermöglicht es Robotern und Menschen, sicher nebeneinander zu arbeiten, was einen bedeutenden Fortschritt in der Automatisierung der Materialbewegung darstellt.

Positive
  • Recognition in Fast Company's influential tech innovation list enhances company visibility and credibility
  • Development of advanced autonomous warehouse technology demonstrates technological leadership
  • Vaux Smart Autonomy technology could improve operational efficiency and safety in logistics
Negative
  • None.

Insights

The recognition from Fast Company, while prestigious, represents more of a validation of existing technology rather than a material business development. Vaux Smart Autonomy, ArcBest's autonomous material handling solution, combines AMR forklifts with intelligent software - a technology that's already operational.

While this system could potentially reduce labor costs and improve warehouse efficiency long-term, the article doesn't provide specific metrics about implementation scale, cost savings, or revenue impact. The technology's actual financial contribution to ArcBest's bottom line remains unclear.

For investors, this news primarily serves as confirmation of ArcBest's commitment to innovation in logistics automation, but doesn't constitute a material event that would significantly impact stock performance in the near term.

Fourth annual list recognizes groundbreaking advancements in technology

FORT SMITH, Ark.--(BUSINESS WIRE)-- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that it has been named to Fast Company’s annual Next Big Things in Tech list. Now in its fourth year, the influential list honors emerging technology spanning a variety of industries for their profound impact on consumers, businesses and society in general.

This year, Fast Company recognizes 138 technologies in 28 categories for their potential to revolutionize the way we work and live. ArcBest’s Vaux Smart Autonomy is highlighted in the General Excellence category for “helping robots and humans safely work side by side.”

Vaux Smart Autonomy combines autonomous mobile robot (AMR) forklifts and reach trucks, intelligent software and remote teleoperation capabilities to autonomously handle materials movement – all while keeping humans in the loop. Vaux forklifts and reach trucks are equipped with advanced perception software, sensors and cameras that help the vehicles safely navigate warehouses, distribution centers and other industrial facilities. With a 3D, 360-degree view, the AMRs can see their environment as humans do to avoid each other or the people and structures around them. Learn more about the full Vaux technology suite here.

“Our customer-obsessed mindset drives us to continuously innovate, developing leading-edge solutions like Vaux to keep supply chains moving safely and efficiently,” said Dennis Anderson, chief strategy officer at ArcBest. “It’s an honor to be recognized by Fast Company, and I’m excited for what’s to come from our team of creative problem solvers and all of the game-changers on this year’s Next Big Things in Tech list.”

“The Next Big Things in Tech provides a fascinating glimpse at near- and long-term technological breakthroughs across a variety of sectors,” said Brendan Vaughan, editor-in-chief of Fast Company. “Spanning everything from semiconductors to agricultural gene editing, the companies featured in this year’s list are tackling some of the world’s most pressing and vexing problems.”

Click here to see the final list.

ABOUT FAST COMPANY

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

ABOUT ARCBEST

ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 15,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need – from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux™, one of TIME’s Best Inventions of 2023. For more information, visit arcb.com.

Media Contact: Autumnn Mahar

Email: amahar@arcb.com

Phone: 479-494-8221

Investor Relations Contact: Amy Mendenhall

Email: invrel@arcb.com

Phone: 479-785-6200

Source: ArcBest

FAQ

What technology did ArcBest (ARCB) get recognized for in Fast Company's list?

ArcBest was recognized for its Vaux Smart Autonomy technology, which combines autonomous mobile robot forklifts and reach trucks with intelligent software and remote teleoperation capabilities.

How does ArcBest's (ARCB) Vaux Smart Autonomy system work?

Vaux Smart Autonomy uses advanced perception software, sensors, and cameras to provide AMRs with a 3D, 360-degree view, allowing them to safely navigate warehouses and distribution centers while working alongside humans.

What category was ArcBest (ARCB) recognized in for Fast Company's Next Big Things in Tech list?

ArcBest was recognized in the General Excellence category for helping robots and humans safely work side by side.

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