Category: Business Wire

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REV Group, Inc. Announces Proposed Secondary Offering of Common Stock and Concurrent Share Repurchase

MILWAUKEE–(BUSINESS WIRE)–REV Group, Inc. (NYSE:REVG) announced today the commencement of an underwritten public offering of 12,000,000 shares of common stock by certain selling stockholders. In connection with the offering, the selling stockholders intend to grant the underwriters an option to purchase up to 1,800,000 additional shares of common stock from the selling stockholders. REV Group […]

J.B. Hunt Among Forbes America’s Best Large Employers and Fortune World’s Most Admired Companies 2024

LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today it has been selected as one of America’s Best Large Employers of 2024 by Forbes, the third time in the company’s history, and named to the Fortune World’s Most Admired Companies™ 2024 list, […]

ABR Capital Partners and Somerset Properties Acquire Charlotte Flex Industrial Asset

BALTIMORE–(BUSINESS WIRE)–ABR Capital Partners (ABR) and Somerset Properties are pleased to announce the acquisition of Scarlet Oak—a flex industrial property in Charlotte, North Carolina. The property was acquired on behalf of ABR Chesapeake Fund VI, a value-add real estate fund sponsored by ABR. CBRE’s Matt Smith represented the seller. Scarlet Oak totals 81,118 sf of […]

AutoManager Holdings Group Announces New Executive Leadership Roles

CANOGA PARK, Calif.–(BUSINESS WIRE)–AutoManager Holdings Group (“AutoManager”), a leading provider of software and tech-enabled services to 5,000+ dealerships in the automotive industry, has announced new executive leadership roles: Jake Morley – Chief Executive Officer. Mr. Morley brings over a decade of senior leadership experience in the auto software industry to AutoManager. He previously served as […]

Enevate and Lightning Release the First Fast Charge Production Motorcycle with Enevate Technology which Charges Nearly as Fast as Filling a Gas Tank

Release to market a new class of motorcycles reducing consumers’ range-anxiety, offering more range and less wait-time at the charger LS218 motorcycle traveled 710 miles in one day, unmatched by current production electric motorcycles in the industry IRVINE, Calif.–(BUSINESS WIRE)–Enevate, a pioneering battery innovation company enabling extreme fast charge and high energy density battery technologies […]

LCI Industries Reports Fourth Quarter and Full Year Financial Results

Delivered $527 million of cash from operating activities in 2023 with strength in diversified businesses supporting performance in a challenging environment Fourth Quarter 2023 Highlights Net sales of $838 million in the fourth quarter, down 6% year-over-year Net loss of $2 million, or $(0.09) per diluted share, in the fourth quarter, an improvement of 86% […]

ArcBest Launches Vaux Smart Autonomy™ to Unlock Supply Chain Efficiencies

ArcBest’s innovations support customer success, transform the industry and positively impact the world by solving ever-changing logistics challenges FORT SMITH, Ark.–(BUSINESS WIRE)–ArcBest® (Nasdaq: ARCB), an integrated logistics company, today announced the next step in its first-of-its-kind Vaux suite: Vaux Smart Autonomy. The offering combines autonomous mobile robot (AMR) forklifts and reach trucks, intelligent software and […]