Category: Business Wire

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FedEx and Nuro Team Up to Advance Last-Mile Logistics with Autonomous Vehicles

FedEx and Nuro are working together to test autonomous, multi-stop and appointment-based delivery operations in Houston, TX MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) and Nuro announce a multi-year, multi-phase agreement to test Nuro’s next-generation autonomous delivery vehicle within FedEx operations. The collaboration between FedEx and Nuro launched in April with a pilot program across the […]

U.S. Xpress Reimagines Freight Brokerage Segment with Xpress Technologies

Investing in innovative operating system helps ease supply chains for shippers and carriers CHATTANOOGA, Tenn.–(BUSINESS WIRE)–U.S. Xpress Enterprises, Inc. (NYSE: USX) is reimagining its brokerage segment to further propel the company’s mission to make goods move better every day. The new business unit, Xpress Technologies, is headed by new leadership and utilizes acquired and purposefully […]

Faraday Future Retains Leading Architecture Firm Ware Malcomb for its Hanford, California Facility and Outlines Global Manufacturing Strategy

Company’s Robust Hybrid Global Manufacturing Strategy Provides a Clear Path to FF 91 Production Hanford Facility Has a Production Capacity of Approximately 10,000 Vehicles Per Year and will be Ready to Begin Production Within 12 Months of the Closing of its Merger with PSAC LOS ANGELES–(BUSINESS WIRE)–Faraday Future (“FF”), a California-based global shared intelligent mobility […]

Hyliion Set to Join Russell 3000 and Russell 2000 Indexes

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution. This is effective after the US market opens on June 28. Annual Russell indexes reconstitution captures […]

FedEx Delivers 1.35 Million COVID-19 Vaccine Doses to Mexico

Shipment marks the first delivery of COVID-19 vaccines from the U.S. to Mexico by FedEx for Direct Relief MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced that it has safely delivered 1.35 million Johnson & Johnson COVID-19 vaccine doses to Toluca, Mexico, in […]

CDK Global Introduces CDK OnePay Fueled by Global Payments

End-to-End Solution through Fortellis to Help Dealers Improve Payment Experience and Drive Revenue HOFFMAN ESTATES, Ill.–(BUSINESS WIRE)–CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today launched CDK OnePay, a dealership-wide payment solution fueled by Global Payments, a leading worldwide provider of payment technology and software solutions. It is designed to help dealers […]

Stealth Power Announces FDNY Order of 184 Additional Ambulances with Idle Mitigation Technology and Fleet Intelligence, Powered by Microsoft Azure

AUSTIN, Texas–(BUSINESS WIRE)–Today, Stealth Power announced that the Fire Department of New York (FDNY) has ordered an additional 184 ambulances with the company’s Vehicle Power System, bringing the total number to 500 by the end of 2021. FDNY responds to almost 2 million emergencies every year and serves more than 8.5 million people within a […]