Category: Business Wire

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21 May by Vitaliy Dadalyan Tags:

CN to Combine With Kansas City Southern

CN and KCS enter into a definitive merger agreement to create the premier railway for the 21st century, bring together highly complementary networks to benefit customers and enhance competition Anticipated to be accretive to CN’s Adjusted Diluted EPS1 in the first full year following CN assuming control of KCS Expected EBITDA synergies approaching $1 billion […]
21 May by Vitaliy Dadalyan Tags:

Fisker Set to Make First All-electric Papal Transport

Henrik Fisker has private audience with Pope Francis, the Holy See, in Vatican City Presents vision for the first all-electric papal transport to the Pope on historic visit Delivery of custom-made Ocean-based SUV planned for next year   LOS ANGELES–(BUSINESS WIRE)–#EVs—Fisker Inc. (NYSE: FSR) (Fisker) – passionate creator of the world’s most sustainable electric vehicles […]
20 May by Vitaliy Dadalyan Tags:

California’s New Standard Transitioning Ride-Hailing Fleets to Zero-Emission Vehicles Win for Public Health, the Climate and Company Drivers, Science Group Says

Companies Must Honor Pledge to Support Zero Emission Vehicle Transition SACRAMENTO, Calif.–(BUSINESS WIRE)–The California Air Resources Board (CARB) voted today to approve the nation’s first standard to transition ride-hailing fleets to zero-emission vehicles by 2030. The Clean Miles Standard will ensure that 90 percent of ride-hailing miles traveled across California take place in zero-emission vehicles […]
20 May by Vitaliy Dadalyan Tags:

KCS Holds Annual Meeting of Stockholders, Elects Ten Directors and Announces Preferred and Common Dividends

KANSAS CITY, Mo.–(BUSINESS WIRE)–Kansas City Southern (KCS) (NYSE:KSU) held its Annual Meeting of Stockholders on May 20, 2021 virtually via live audio webcast. With 89% of KCS’ outstanding common and preferred stock represented in person or by proxy at the meeting, the stockholders: elected Lydia I. Beebe, Lu M. Córdova, Robert J. Druten, Antonio O. […]
20 May by Vitaliy Dadalyan Tags:

HyreCar Renews Insurance Program with Lloyd’s Apollo Insurance Syndicate until 2023

LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and delivery, announced that it has renewed its Automobile Liability Insurance Program with Apollo 1969 of Lloyd’s until 2023 at our current rates, providing stable predictable insurance pricing for the next two years. “HyreCar has developed an enhanced risk tiering model at the most […]
20 May by Vitaliy Dadalyan Tags:

Ford Commits to Manufacturing Batteries, to Form New Joint Venture with SK Innovation to Scale NA Battery Deliveries  

Ford and SK Innovation today announce they have signed a memorandum of understanding (MoU) for a joint venture – to be called BlueOvalSK – to manufacture battery cells and arrays in the U.S. BlueOvalSK to produce approximately 60 gigawatt hours (GWh) annually with potential to expand, starting mid-decade By 2030, Ford expects annual energy demand […]