Category: Business Wire

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Faction Raises $4.3M to Develop Light EV Driverless Fleets

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Faction Technology, Inc. – Faction is excited to announce the completion of $4.3M in seed funding led by Trucks Venture Capital and Fifty Years. The round follows an investment from Y Combinator and participation in their Winter 2021 startup batch. Faction is aiming at both micro-logistics and ride-on-demand with a right-sized […]

project44 Closes $202M Series E Round Led by Goldman Sachs Asset Management – Valuing the Business at Over $1.2 Billion

The latest investment will fuel project44’s innovation and go-to-market expansion in China and across the globe Having successfully completed three acquisitions, project44 is strongly positioned to retain its leadership position and respond to the massive demand for transportation visibility and analytics solutions Funding is the latest milestone in a year of dramatic growth, network expansion […]

Knight-Swift Transportation Holdings Inc. Announces Stock Acquisition of UTXL, Inc., a Premier Third-Party Logistics Company, Based in Kansas City, Missouri

PHOENIX–(BUSINESS WIRE)–On Tuesday, June 1, 2021, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”), acquired 100% of the equity interests of Kansas City, Missouri-based UTXL, Inc. (“UTXL”). UTXL is a premier third-party logistics company, specializing in over-the-road full truckload and multi-stop loads in any length of haul throughout the United States, Canada, and Mexico. The purchase […]

IAA Names Peg Burr as SVP of Product Management

Leadership team grows to strengthen product development in global marketplace WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, has appointed Peg Burr as Senior Vice President of Product Management. Burr will leverage her extensive product strategy and management expertise to further the product leadership position that IAA […]

Nominations Open for the J. J. Keller Safety Professional of the Year (SPOTY) Awards

Recognize Leaders in Safety Excellence & Vision as National Safety Month Kicks Off NEENAH, Wis.–(BUSINESS WIRE)–#Covid19–J. J. Keller & Associates, Inc., the nation’s leading provider of safety and regulatory compliance solutions, announced that nominations are now open for the J. J. Keller Safety Professional of the Year (SPOTY) Awards. This coincides with the kickoff of […]

Zero Motorcycles Announces 2021 Cash for Carbon Motorcycle Trade-in Program

Trading gas motorcycles towards the purchase of new electric SR/S and SR/F motorcycles from Zero earns an additional $1,500 in value SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Zero Motorcycles, the global leader in electric motorcycles and powertrains, today announced the brief return of its most successful incentive program, Cash for Carbon. The recent surges in Powersports participation have […]