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Predictive maintenance on packaging machines reduces production downtime

How startups are trying to solve the notorious last mile challenges of home deliveries

The Globe and Mail How startups are trying to solve the notorious ‘last mile’ challenges of home deliveries Many companies have been looking to automation and remote-controlled vehicles as a solution to the costly challenges of residential delivery Emily Atkins Published April 13, 2021 Courtesy of manufacturer Fast, free delivery has become table stakes for e-commerce success, but it comes at a price. Even before the COVID-19 pandemic began driving the boom in e-commerce, logistics-service providers were looking at options for automating home deliveries. But with e-commerce sales in Canada jumping by almost 21 per cent in 2020 and spending hitting $52.04-billion, according to retail-research firm eMarketer, the pressure is on to make the last mile – as the logistics industry calls home deliveries – more efficient.

BYD s Profits In 2020 Shot Up 162 Percent, But Not For What You Think

BYD s Profits In 2020 Shot Up 162 Percent, But Not For What You Think Its electric car sales fell 7.5 percent… The explanation is in the COVID-19 pandemic. Although it sold 7.5 percent fewer cars in 2020 due to the COVID-19 pandemic, BYD increased its profits in the same year by 162.7 percent, according to Reuters. If you are wondering how that is even possible, the explanation also lies in the pandemic and how BYD decided to tackle it: by making masks. The Chinese electric car company has gained a reputation for excellent masks, and they sold incredibly well. This is what has helped BYD go from an RMB1.6 billion net profit in 2019 to RMB4.23 billion in the following year. All that with a 22.6 percent decrease in revenue, which represented RMB156.6 billion in 2020.

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