Raymond partners with Third Wave Automation to expand physical AI across lift truck fleets
Third Wave Automation has announced a technology collaboration with The Raymond Corporation, part of Toyota Material Handling North America to launch and expand AI-enabled physical automation capabilities across select automated Raymond lift trucks. The collaboration builds on several years of collaborative development and operational learning since 2021, backed first by investments from Toyota Ventures, Toyota’s […]
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Raymond Corporation has announced a partnership with Third Wave Automation to integrate AI-enabled automation capabilities into Raymond's lift trucks. Third Wave's technology uses a shared autonomy platform where one remote operator can supervise up to 10 forklifts and intervene when needed, improving productivity and efficiency in warehouse operations like dock-to-dock and trailer loading. The collaboration builds on years of joint development work and has been supported by investments from Toyota Ventures and Woven Capital, with the initial products targeting commercial availability through Raymond's distribution network.
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