What happened
Raymond, part of Toyota Material Handling North America, announced a collaboration with Third Wave Automation to offer AI-enabled automation on Raymond lift trucks. The partnership builds on several years of development since 2021, backed by Toyota Ventures and Woven Capital. The initial lineup includes an automated Raymond Swing-Reach truck and other products soon to be announced, distributed through Raymond's Solutions and Support Centers.
Why it matters
Third Wave's shared autonomy platform lets a single remote operator supervise and intervene in multiple vehicles simultaneously, which the company says can improve both productivity and operational efficiency. The integration targets warehouse workflows like dock-to-dock and trailer loading/unloading, giving customers a scalable way to automate material handling without replacing existing equipment entirely.
What to watch
One operator can manage up to 10 forklifts from an off-floor location in typical operations. The trucks will be targeted for commercial availability, and Raymond and Third Wave will also provide fleet visibility and operational insights to help customers measure performance and drive continuous improvement.
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