Category: Business Wire

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19 Oct by Vitaliy Dadalyan Tags:

GO, Car Subscription Startup, Closes $41M Round to Reimagine Car Shopping

A New Alternative to Car Ownership, Company Launches Operations in Four Markets PHILADELPHIA–(BUSINESS WIRE)–GO, a first-of-its-kind car subscription startup, today announced that it has secured a $41 million round of financing led by Synterra Capital Management. This funding will enable the company to grow its fleet substantially and expand service nationally. Distinct from traditional auto […]
19 Oct by Vitaliy Dadalyan Tags:

Iteris Announces Availability of New Cloud-enabled Managed Services for Smart Mobility Infrastructure Management

Innovative New Congestion Management and Asset Management Services Will Improve Efficiency and Sustainability for Public Agency and Commercial Enterprise Customers Iteris’ managed service offerings augment the transportation operations of municipalities, cities, states and commercial enterprises with Iteris’ industry-leading technology, expertise and resources on an ongoing basis. Use of Iteris managed services for proactive management of […]
19 Oct by Vitaliy Dadalyan Tags:

Zonar and Eleos Selected By Knight-Swift As Preferred Smart Fleet Management Solution Provider For Expanded Truck Fleet

The Industry’s Largest Truckload Carrier Increases Zonar and Eleos Deployment on over 17,000 Trucks SEATTLE–(BUSINESS WIRE)–Zonar, the leader in smart fleet technology today announced that Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”), North America’s largest truckload transportation company, has selected Zonar as its preferred smart fleet management solution provider for its expanded truck fleet. Zonar […]
19 Oct by Vitaliy Dadalyan Tags:

Autonomous Trucking Technology Company Plus Expands Business to Europe

Bosch Veteran Hired to Accelerate European Expansion CUPERTINO, Calif.–(BUSINESS WIRE)–#autonomoustrucks–Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced that the company is expanding its business presence into Europe. Plus has hired Bosch veteran and German native Sun-Mi “Sunny” Choi as Senior Director of Business Development to accelerate its European expansion as the company […]
19 Oct by Vitaliy Dadalyan Tags:

project44 Redefines the Future of Work, Teaming with Roameo to Provide Work-From-Anywhere Vehicles

CHICAGO–(BUSINESS WIRE)–project44, the global leader in real-time supply chain visibility, announced a partnership with Roameo, the leading producer and operator of upscale, renter-friendly mobile suites. Through this partnership, project44 will offer access to Roameo campervans and conversions as an added perk for team members who want to embrace the work-from-anywhere approach to modern business in […]
19 Oct by Vitaliy Dadalyan Tags:

Kansas City Southern Reports Third Quarter Results

KANSAS CITY, Mo.–(BUSINESS WIRE)–Kansas City Southern (KCS) (NYSE:KSU) reported revenues of $744.0 million, an increase of 13% from third quarter 2020. Overall, carload volumes were down 3% compared to prior year primarily due to the following commercial impacts: Auto plant shutdowns driven by a global microchip shortage; Service interruptions at Lázaro Cárdenas due to KCSM […]
19 Oct by Vitaliy Dadalyan Tags:

Study by Strategy Analytics and Aurora Labs: Proactive Anomaly Detection Crucial for Software Security in Automotive Industry

More than one-fifth of industry experts expect software sales to account for at least ten percent of carmakers’ sales as early as 2027 More than half (53%) of respondents expect setback for electric offensive due to semiconductor shortage 45% of respondents expect each connected vehicle to receive up to six OTA updates per year from […]