Category: Business Wire

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Lanco International, Inc. Announces Sale of Its Technical Services International (TSI), Hubert Line, and Hubert Rail Companies to Remprex, LLC

HAZEL CREST, Ill.–(BUSINESS WIRE)–#LancoGroup–Lanco International, Inc., parent company of Mi-Jack Products, Inc. of Hazel Crest, Illinois, today announced the sale of its Technical Services International (TSI), Hubert Line and Hubert Rail companies to Remprex, LLC, effective as of the close of business May 31, 2021. Terms of the sale are confidential. Frank Calomino – Executive […]

Plus’s Autonomous Trucks to Transport Equipment for Good Machine’s Anti-Climate Change and Sustainability Focused Projects

CUPERTINO, Calif.–(BUSINESS WIRE)–#autonomoustrucks–Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that they are partnering with Schmidt Futures-supported Good Machine venture studio on a pilot program to extend the sustainability impact that each company is working towards. Through this pilot, Plus’s automated trucks will help move equipment used for Good Machine’s sustainability […]

Wejo Appoints Tech and Automotive Executive Benoit Joly as Executive Vice President of Automotive Business Development

Former Renault Group Executive Joins Connected Vehicle Data Company to Lead Automotive and Mobility Business Initiatives MANCHESTER, England & DETROIT–(BUSINESS WIRE)–Wejo, a global leader in connected vehicle data, today announced that Benoit Joly has joined the organization as executive vice president of the Automotive and Mobility business. In this role, Joly is responsible for building […]

New Research Finds 65% of Consumers Willing to Pay More for Faster Deliveries

Insights reveal consumers’ dependency on last-mile deliveries for critical goods and growing demand for sustainable options DALLAS–(BUSINESS WIRE)–Omnitracs, LLC, a Solera company, today announced the results of its “Delivering on Demand: Consumer 2021 Insights Survey.” The research found that consumers not only increasingly utilized deliveries for critical goods and safety reasons during the pandemic, but […]

RoadSync Welcomes Paul Citarella as New Executive Vice President, Business Development and Strategy

Citarella to Support RoadSync’s Transformation of Payments for the Logistics Industry ATLANTA–(BUSINESS WIRE)–RoadSync, an innovative digital financial platform for the logistics industry, announces Paul Citarella as executive vice president, business development and strategy. Experienced with high-growth, profit-oriented companies, Citarella is poised to support RoadSync’s mission of automating the financial systems fueling the $800B logistics industry. […]

IAA Expands Global Market Alliance Network in Nigeria

New official partnership serves one of IAA’s largest export markets WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces a strategic market alliance in Nigeria with Boacon Autos. As the company’s official partner in Nigeria, Boacon Autos will operate the local IAA Auction Center in the city […]

Everspin Announces MRAM Solution Designed Into Lucid Air Luxury Electric Vehicles

CHANDLER, Ariz.–(BUSINESS WIRE)–Everspin Technologies, Inc. (NASDAQ:MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) non-volatile solutions, has announced that Lucid Motors has designed-in its 256 Kilobit MRAM into the master powertrain system of its innovative Lucid Air all-electric luxury sedan. The MR25H256AMDF MRAM device is designed for automotive applications and is […]