Inventory Constraints Still Inhibiting New-Vehicle Sales as Prices and Profits Increase to Record Highs TROY, Mich.–(BUSINESS WIRE)–New-vehicle retail sales for the month of October 2021 are expected to decline when compared with October 2020 and October 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month […]
Global logistics leader secures truck reservations as part of Embark’s Partner Development Program, becoming first carrier with capabilities across all modes to reserve access to the Embark Driver software SAN FRANCISCO, Calif. & WESTERVILLE, Ohio–(BUSINESS WIRE)–Embark Trucks, Inc., a leading developer of autonomous technology for the trucking industry, today announced that DHL Supply Chain, the […]
U.S. Environmental Protection Agency recognizes the LTL carrier for its commitment to building a more efficient supply chain THOMASVILLE, N.C.–(BUSINESS WIRE)–Old Dominion Freight Line, Inc. has once again been recognized by the U.S. Environmental Protection Agency (EPA) for its efforts to reduce emissions and operate sustainably. The agency named Old Dominion a recipient of its […]
Fifth Consecutive Quarter of Record EchoPark Revenues, Up 72% Year-Over-Year Pending Acquisition of RFJ Auto Expected to Add $3.2 Billion in Annualized Revenues Recently Amended Credit Facilities and Senior Notes Issuance Extend Runway for Further Growth CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, […]
DALLAS–(BUSINESS WIRE)–AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced its partnership with Cavnue to deliver a Connected and Automated Vehicle (CAV) Corridor in Southeast Michigan. AECOM will provide engineering planning and design services beginning with a CAV lane project in Michigan and expanding to other locations across North America. The partnership will […]
HOFFMAN ESTATES, Ill.–(BUSINESS WIRE)–CDK Global, Inc. (Nasdaq: CDK), a leading automotive retail technology company, today announced two members of its board of directors, Les Brun and Willie Deese, have been named to the “2021 Most Influential Black Corporate Directors” list for the second time by Savoy Magazine, a leading business magazine reporting on African American […]
SAN FRANCISCO–(BUSINESS WIRE)–Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, announced today that Volta’s network of charging stations has delivered 100 million electric miles to EV drivers across the country. The announcement marks a significant milestone in the expansion and increasing popularization of electric mobility. Founded on the premise that […]