Category: Business Wire

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Allego Reports Fourth Quarter and Full-Year 2022 Results; Demonstrates Strong Operating Dynamics

Fourth quarter 2022 revenue increased 10.7% over the prior year period to €60.9 million. Fourth quarter 2022 net loss was €(40.0) million compared to €(95.9) million during the fourth quarter of 2021. Operational EBITDA1 in Q4 2022 reached €7.8 million versus €14.8 million in the year ago period. Fourth quarter 2022 average utilization rate2 increased […]

Barrett Distribution Centers Named a 2023 Fast 50 Company by Boston Business Journal

Barrett Distribution Centers Achieves Remarkable Milestone: Recognized on Boston Business Journal Fast 50 List for Fourth Consecutive Year, Showcasing Unprecedented Growth, Exceptional Workplace Culture, and Unyielding Dedication to Ecommerce Fulfillment Customers BOSTON–(BUSINESS WIRE)–For the 4th consecutive year, The Boston Business Journal has named Barrett Distribution Centers to its exclusive 2023 Fast 50 list, which represents […]

Tesla Veteran Appointed as Senior Vice President of Car Subscription Company, Autonomy

SANTA MONICA, Calif.,–(BUSINESS WIRE)–Autonomy™, the nation’s largest electric vehicle subscription company, announced that auto finance industry veteran, Leopold Visser, has joined the company as Senior Vice President of Strategy and Operations. With over two decades of experience in the auto finance and insurance industry across Europe, Asia, and North America, Leopold’s appointment signals a commitment […]

Penn State and onsemi Sign MOU to Boost Silicon Carbide Research in the United States

SCOTTSDALE, Ariz. & UNIVERSITY PARK, Pa.–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and Penn State are pleased to announce the signing of a memorandum of understanding (MOU) towards an $8 million strategic collaboration which includes the establishment of the onsemi Silicon Carbide Crystal Center (SiC3) at Penn State’s Materials Research […]

Merx Truck & Trailer acquires North Texas Fleet Services

CHICAGO–(BUSINESS WIRE)–Merx Truck & Trailer, a leading provider of truck and trailer repair and maintenance services, has acquired North Texas Fleet Services, a provider of fleet maintenance services based in Garland, TX. Merx Truck & Trailer is a multi-location truck service organization serving collision and fleet service customers with locations across the midwest. Merx’s services […]