This Start-Up Got $42 Million to Create a Blue Collar Remote Work Model
What if a logistics company didn't need its employees to schlepp to a cold warehouse in the dead of night? What if the work could be done from anywhere else in the world via remote control? That's the idea behind the $42 million investment that ArcBest (NASDAQ: ARCB) and NFI Industries made into start-up Phantom Auto, which makes remote-enabled forklifts. In this episode of "Motley Fool's Metal and Power Half-Hour" on Motley Fool Live, recorded on Jan. 25, Fool.com contributor Toby Bordelon tells his colleague John Bromels about the possibilities this tech has for companies and the blue collar workforce as a whole.
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Source Fool.com