Mitsubishi Logisnext joins xSQUARE for warehousing solutions

The two firms will develop a new line of Automated Guided Vehicles (AGVs) based on Logisnext’s brands of forklifts Mitsubishi Logisnext Asia Pacific (MLAP) and xSQUARE, a Singapore-based intelligent warehousing solutions company, have entered into a partnership to meet the growing demand for intelligent warehousing solutions.

The two firms will collaborate by developing a new line of Automated Guided Vehicles (AGVs) based on Logisnext’s brands of forklifts, and distributing xSQUARE’s intelligent warehousing solutions through MLAP’s distribution network in Asia, Oceania and South Africa. This will provide businesses with solutions to overcome labour shortages while increasing warehouse productivity and operational efficiency.

MLAP managing director Yasuo Kubota said: “We believe that our partnership with xSQUARE will help strengthen our ability to expand the product and service offerings in the materials handling equipment industry. This collaboration will also enable us to be a complete solutions provider in this domain. We’re excited to work with xSQUARE to bring new cutting-edge solutions to the market so that our customers can manage high order volumes in a seamless manner while reaching their sustainability goals.” Jens Bohnwagner, chief executive of xSQUARE, said: “Our intelligent warehousing solutions have been specifically designed to deliver benefits that impact not just companies in the industry but also their customers and the environment. The numerous successful deployments in Singapore with multinational corporations and small and medium-sized enterprises in the pharmaceutical, furniture manufacturing, chemical logistics, third-party logistics and vertical farming industries have paved the way for our global expansion.”

See also:
Rivigo's B2B express division expected to be acquired by Mahindra
Logistics Spaces invests $37 mn for logistic park in India


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