Company intends to increase capacity of plant to manufacture R2, its midsized SUV NORMAL, Ill.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL. The […]
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–$CHRW #CHRobinson–C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended March 31, 2024. First Quarter Key Metrics: Gross profits decreased 4.5% year-over-year to $647.5 million, but increased 6.3% sequentially Income from operations decreased 21.1% year-over-year to $127.1 million, but increased 18.3% sequentially Adjusted operating margin(1) […]
WESTLAKE, Texas–(BUSINESS WIRE)–Solera Global Corp. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its Class A common stock. The number of shares of Class A common stock to be offered and the […]
LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, recognized 54 company drivers this week for achieving two, three, four and five million miles driven without a preventable accident at its annual Million Mile Celebration at company headquarters in Lowell. The drivers were awarded […]
SAN DIEGO–(BUSINESS WIRE)–#ArtificialIntelligence—Netradyne, Inc., an industry-leading full-service video telematics and SaaS provider of artificial intelligence (AI) and edge computing safety solutions focused on driver coaching for commercial fleets, was named the winner of a Gold Stevie® Award in the New Product Transportation category in The 22nd Annual American Business Awards® today. The American Business Awards […]
Operating Revenues $1.3 billion; $1.4 billion in 2023 Income from Operations $28.7 million; $114.6 million in 2023 Diluted Earnings per Share $0.10; Adjusted Diluted Earnings Per Share $0.11 Updated full year Adjusted Diluted Earnings per Share guidance to $0.85 – $1.00 Updated full year Net Capital Expenditures guidance of $350.0 – $400.0 million GREEN BAY, […]
SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has successfully completed its pre-production flight test program and is now focused on the next phase of flight testing, during which the Company will use its production prototype aircraft to prepare for upcoming for-credit […]