Kansas City Southern Terminates Canadian Pacific Railway Merger Agreement and Enters Into Merger Agreement with Canadian National Railway KANSAS CITY, Mo.–(BUSINESS WIRE)–Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the Company’s Board of Directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal KCS received from Canadian National […]
Detmar Logistics selects Hyliion to help forge path as early alternative fuel adopter Hyliion supporting Detmar’s vision to fully electrify its fleet of over 100 trucks in the next five years AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that it has partnered […]
LOS ANGELES–(BUSINESS WIRE)–The U.S. Secretary of Transportation recently announced that $1 billion will be available through the competitive Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program. BYD stands ready to assist with application information. RAISE, formerly known as BUILD and TIGER, now includes funding opportunities for projects addressing climate change, including energy storage solutions, […]
3-year, $500,000 gift to GameAbove College of Engineering and Technology to foster public-private collaborations and transform mobility landscape YPSILANTI, Mich.–(BUSINESS WIRE)–#AV–GameAbove today announced a $500,000 gift to the GameAbove College of Engineering and Technology at Eastern Michigan University (EMU) to fund a senior research engineer position and expand exploration for the advancement of autonomous, connected-vehicle […]
New uShip report reveals two-thirds of Americans bought a large and bulky item online in 2020 AUSTIN, Texas–(BUSINESS WIRE)–According to a new study from uShip, the leading logistics technology platform for large and bulky goods, during the pandemic, 64 percent of Americans purchased oversized items, such as furniture, mattresses, or exercise equipment online. Of that […]
Strategic hire deepens SaaS company’s construction technology expertise and expands product roadmap WALTHAM, Mass.–(BUSINESS WIRE)–TRUX™, the leader in dump truck logistics technology, today announced that Jay Pennington has joined the team as Chief Technology Officer. In his new role, Pennington will lead technical strategy, software architecture and product development efforts at TRUX. Working with the […]
CARY, N.C.–(BUSINESS WIRE)–MercuryGate® International, Inc., (MercuryGate) the largest and rapidly growing transportation management system (TMS) provider, today announced it has been selected to the Top 100 Logistics IT Providers list issued annually by Inbound Logistics Magazine. The list also included Cheetah Logistics, recently acquired by MercuryGate, positioning MercuryGate as a double award winner for 2021. […]
