Forklift driving becomes a desk job with Phantom-Mitsubishi deal

Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away. A unit of Mitsubishi Heavy Industries Ltd., Kyoto-based Mitsubishi Logisnext is the third-biggest company in the $45 billion-plus global market for forklifts. Via their tie-up, Bessemer Venture Partners-backed Phantom Auto and Mitsubishi will offer forklifts that can rove around a warehouse in California, controlled by workers sitting at a desk a continent away. "We're moving warehouse workers into office jobs," Elliot Katz, Phantom Auto co-founder and chief business officer, said in an interview. Because it removes geographic labor restrictions and improves efficiency as drivers can be "teleported" into factories experiencing surges, the software offers the potential to knock 30% or more off forklift operation costs, Katz said.