Pentagon Expands AI Model Testing as It Seeks Alternatives to Anthropic’s Claude 
OpenAI Expands Globally with First Overseas AI Lab in Singapore 
Takeda Hit With $885M Verdict Over Amitiza Generic Drug Delay Scheme 
Moody’s Downgrades Mexico Credit Rating Amid Rising Debt and Fiscal Pressure 
Dollar Eases as US-Iran Peace Deal Report Impacts Forex and Bond Markets 
Fed Signals Possible Rate Hikes if Inflation Remains High in 2026 
Japan Airlines Signs 10-Year Boeing 787 Maintenance Deal With GE Aerospace 
Oil Tankers Exit Strait of Hormuz as Trump Signals Possible Iran Deal 
Google Expands AI Partnership With Singapore Government 
Mistral AI Acquires Emmi AI to Expand Industrial AI Solutions in Europe 
Samsung Union Confirms 18-Day Strike After Failed Wage Talks 
Samsung Union Talks Enter Final Stage as Strike Threat Looms 
Intuit Raises Full-Year Forecast After Strong Q3 Earnings Despite Stock Drop 
Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services 
SpaceX Eyes AI Computing Expansion Ahead of Historic IPO 
Iran-U.S. Talks Continue as Strait of Hormuz and Uranium Dispute Stall Peace Efforts 
Blackstone and Google Launch AI Cloud Venture, Pressuring CoreWeave and Nebius Shares 
Nike Korea joins forces with Doosan Logistics Solutions Co. (DLS) for a groundbreaking logistics partnership to bolster automated solutions for their expansive sneaker production in the region.
Moreover, the agreement between Nike Korea and Doosan Logistics Solutions reportedly broke the record for the largest order, where the Korean logistics firm agreed to extend comprehensive services, starting from design to installing automated equipment to fitting the system, as per The Korea Economic Daily.
Doosan Logistics Solutions is a system integrator company that offers complete solutions. On Tuesday, Aug. 29, it revealed that it had secured a contract for Nike's Icheon Customer Service Center's (CSC) second expansion project.
The company explained that the deal with Nike is an extension of the first Nike Icheon expansion awarded two years ago. This is said to be the biggest project in the entire history of Doosan Logistics.
"We have gained recognition for our expertise and reliability not only among distribution and e-commerce customers but also in the manufacturing sector," a source from the company stated. "We will continue to expand our contracts by supplying state-of-the-art logistics automation systems and smart factory solutions tailored to the needs of individual customers."
Hankook Ilbo reported that as a follow-up to the 2021 Nike Icheon CSC, the initial project, the new contract states that Doosan will supply logistics automation solutions to Nike Korea's facilities, including warehouse control systems.
The latest expansion will be for the automation that will allow Nike to process and store 200,000 boxes. The aim is to allow the storage of these packages on a shuttle rack that can be as high as 26 meters. This storage is a type of shelf with automated shuttles for easy storing and retrieval of boxes.
Meanwhile, an official of DLS said they will continue to add more orders and provide state-of-the-art logistics automation systems and smart factory solutions to Nike and other companies.
Photo by: Craig Lovelidge/Unsplash
