GOTHENBURG, Sweden–(BUSINESS WIRE)–Polestar (Nasdaq: PSNY) today announced a USD 400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with USD 200 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with […]
The logistics provider’s new tech and data are making LTL carrier networks more efficient – eliminating unnecessary trips and giving shippers better service and earlier visibility EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–C.H. Robinson, the global leader in Lean AI supply chains, is using artificial intelligence to ease a widespread pain point in less-than-truckload shipping: missed pickups. New […]
Only OEM offering fully fielded JLTV directly to allied nations through Direct Commercial Sales; Strengthens UK and European partnerships through collaborative modernization FARNBOROUGH, England–(BUSINESS WIRE)–Oshkosh Defense, LLC, an Oshkosh Corporation [NYSE: OSK] business, will showcase its Joint Light Tactical Vehicle (JLTV) platform at the International Armoured Vehicles (IAV) Conference, January 20-22, 2026, in Booth D8. […]
Half of all tractor customer online inquiries received no personal response Kubota dealerships ranked highest in the 2026 study, followed by TYM, Mahindra, John Deere, and Yanmar AUSTIN, Texas–(BUSINESS WIRE)–Kubota dealerships were ranked highest in the 2026 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Compact Tractor Industry Study, which measured dealership responsiveness to internet sales […]
GREENWICH, Conn.–(BUSINESS WIRE)–QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced that funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) and certain other investors have agreed to invest $1.2 billion in QXO through a new series of convertible perpetual preferred stock. The investment further strengthens QXO’s financial flexibility in pursuing […]
BOSTON–(BUSINESS WIRE)–Cardata, a leading provider of vehicle reimbursement solutions, announced today that Winnie Chen has joined the company as Vice President of Growth. In this role, Chen will lead Cardata’s growth strategy across marketing, demand generation, and go-to-market initiatives as the company continues to scale. Chen brings more than a decade of experience building and […]
Phil Horlock to Resign Following Successful CEO Transition MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and clean-emission school buses, today announced that Phil Horlock, former Chief Executive Officer and a member of the company’s Board of Directors, will be stepping down from the Board, effective immediately. Phil served as President & […]