Category: Business Wire

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TuSimple Co-Founder and Largest Investor Issues Letter to Stockholders

Votes 29.7% Voting Stake AGAINST Staggered Board Proposal and Re-Election of all Non-CFIUS Directors at Upcoming Annual Meeting Notes Leading Proxy Advisory Firms ISS and Glass Lewis Highlighted that Staggered Board Proposal is Not in Stockholders’ Best Interests Demands the Immediate and Full Liquidation of TuSimple to Stop the Transfer of More Than $450 Million […]

AECOM appointed by Thames Water to new £400 million professional services framework

New framework combines multiple existing professional services frameworks together, with AECOM winning positions on four lots. DALLAS–(BUSINESS WIRE)–AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its appointment by Thames Water to a new professional services framework in the UK. This new £400 million framework, FA1980, covers asset, capital and engineering professional services, and […]

Faraday Future Establishes Local Sourcing Initiative in Ras Al-Khaimah, UAE

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced its commitment to local sourcing for manufacturing equipment in Ras Al-Khaimah, UAE. This strategic initiative aligns with the Company’s focus on fostering regional partnerships, streamlining logistics, and accelerating delivery timelines […]

Faraday Future Secures 100 Sets of Fuji Vehicle Body Parts to Support FF 91 2.0 Manufacturing

100 Sets of Fuji Vehicle Body Materials Shipped to FF ieFactory in Hanford, California. First Two FX Prototype Mules Ready for Shipment to Los Angeles. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced it will receive a new […]

Old Dominion Freight Line, Inc. Announces General Rate Increase

THOMASVILLE, N.C.–(BUSINESS WIRE)–Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective December 2, 2024. Todd A. Polen, Old Dominion Freight Line’s Vice President – Pricing Services, commented, “The general rate increase is based […]

Faraday Future’s FX Subsidiary Appoints Xiao (Max) Ma Global CEO of Faraday X

Max Will be Responsible for Executing the FX Strategy and Driving the Success of the New Brand. FF and FX Have Established Relationships with Four Chinese OEMs, Having Already Entered into Two Strategic Framework Agreements and Two Memoranda of Understanding. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), […]

Faraday Future’s FX Brand Continues Its Ramp Up as It Kicks Off Hiring for Key Positions

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has begun hiring for key positions for its second brand, Faraday X (FX), as it furthers its plans to realize its goal of launching its initial products […]