Gatik and ITOCHU Form Strategic Alliance to Transform the Future of B2B Short-Haul Logistics [Yahoo! Finance]
ITOCHU CORP UNSP/ADR (ITOCY)
NASDAQ:AMEX Investor Relations:
itochu.co.jp/en/ir/index.html
Company Research
Source: Yahoo! Finance
companies, and Gatik , the market leader in autonomous middle mile logistics, today announced a strategic partnership and investment from ITOCHU in Gatik to accelerate the deployment and scaling of Gatik's autonomous delivery network across North America. This collaboration aims to further transform the B2B middle-mile logistics sector by leveraging Gatik's proven autonomous vehicle technology and ITOCHU Corporation's extensive automotive resources and expertise. This collaboration is the latest in a series of strategic partnerships that Gatik is leveraging to revolutionize the North American logistics landscape through the deployment of Freight-Only at scale. By working directly with industry leaders, Gatik is directly addressing the logistics sector's mounting pressures, including surging e-commerce demands, critical driver shortages, and rising operational costs. Together, these partnerships are reshaping the industry to meet the increasing expectations of end-consumers while all
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