Category: Business Wire

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Forward Air Announces Largest Ever Rate Increase for Leased Capacity Providers

GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced the largest ever rate-per-mile increase to its independent contractor fleet within its LTL and […]

Port Houston Marching Solidly Into Future

Houston Channel Expansion Progressing and Port Improvements Continue HOUSTON–(BUSINESS WIRE)–The Port Commission of the Port of Houston Authority met virtually in a regular session on Tuesday. Port Chairman Campo opened the meeting with an update on the progress of the Houston Ship Channel Expansion program Project 11. “It’s moving from planning and design into execution […]

Navis to Be Acquired by Leading Technology Investment Firm Accel-KKR

Strategic capital commitment to fuel Navis growth in SaaS, digitalization and expansion to inland and other supply chain solutions OAKLAND, Calif.–(BUSINESS WIRE)–Navis, a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced that Accel-KKR, a Silicon Valley-based technology-focused investment firm, has […]

Performance Food Group Company Highlights Effort to Address Food Insecurity

RICHMOND, Va.–(BUSINESS WIRE)–Performance Food Group Company (PFG) (NYSE:PFGC) recently made a $50,000 donation to World Central Kitchen (WCK), adding to the hands-on support PFG’s family of companies provided after the destructive winter storms in Texas in February. “Fighting food insecurity has long been a part of PFG’s corporate social responsibility focus,” said George Holm, Chairman, […]

Faraday Future Announces it has Raised $100 Million in Debt Financing to Help Advance the Countdown to FF 91 Delivery, Following the Signing of the Merger Agreement with Property Solutions Acquisition Corp (PSAC)

The new round of debt financing will be used to fund operations and accelerate the FF 91 program even further, including the start-up of manufacturing at FF’s production facility in Hanford, California The financing will also fund additional product testing and vehicle technology system upgrades, enhance supply chain, and will advance the China business operations […]

Micro-Mobility Leader, Helbiz, Awarded Sub-Permit to Expand Fleet of E-Scooters in Atlanta, Georgia

Sub-permit provides further credibility around the company’s safe micro-mobility offerings 1,240 e-scooters on the ground in the coming weeks ATLANTA–(BUSINESS WIRE)–Helbiz, a leader in micro-mobility and the business combination target of GreenVision Acquisition Corp. (Nasdaq: GRNV), today announced it has been awarded a sub-permit to increase its Atlanta fleet of safe and innovative e-scooters by […]

Microvast Expands Into French E-bus Market

Expansion in French e-bus market with local bus OEM SAFRA Framework supply of lithium-ion battery systems 3 year agreement with product delivery starting March 2021 Potential further collaboration in fuel-cell and retrofit bus business HOUSTON–(BUSINESS WIRE)–Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles that recently announced a planned business […]