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Robots scaling warehouse shelves to get stuff faster

Bloomberg A logistics company partly owned by Related Cos, the developer behind Manhattan’s Hudson Yards, is searching for locations across North America to build its multistory robotic warehouses. Robots — and humans — started working this month at Quiet Logistics’ new 440,000-square-foot (41,000-square-metre) fulfillment centre in the Los Angeles area. It’s the firm’s first property on West Coast, and a ...

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EasyJet fares rebound as cooler summer spurs late bookings

Bloomberg EasyJet Plc said a surge in late leisure bookings is lifting ticket prices, aided by a cooler summer in the UK and northern Europe. Revenue per seat, which reflects fares, is higher and sales for the three months through June rose 11 percent from a year ago, Luton, England-based EasyJet said in a statement. A drop in flight cancellations ...

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Jet Air insolvency administrator seeks resolution proposals

Bloomberg The insolvency administrator of Jet Airways India Ltd is seeking resolution proposals for the grounded airline in a move that may give hope to creditors including State Bank of India. Any expression of interest has to be submitted by August 3, Ashish Chhawchharia, resolution professional, said in a notice published in the Economic Times newspaper. The final list of ...

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