Pandion Secures $41.5M in Series B Funding, Announces New Executive Team Members to Accelerate the Growth of its Residential Parcel Delivery Network

Pandion Secures $41.5M in Series B Funding, Announces New Executive Team Members to Accelerate the Growth of its Residential Parcel Delivery Network

Company’s leadership includes technology, delivery, and supply chain experts from Amazon, Target, Walmart, FedEx, and Flexport SEATTLE–(BUSINESS WIRE)–Pandion, the parcel network designed for e-commerce residential delivery and founded by Amazon Air founder Scott Ruffin, today announced a $41.5 million Series B funding round led by Revolution Growth. Other participants included existing investors Playground Global, Prologis […]

J.D. Power-GlobalData U.S. Automotive Forecast for March 2024

Vehicle Sales Continue to Grow in March as Q1 Consumer Spending Reaches Record Level TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for March 2024, including retail and non-retail transactions, are projected to reach 1,525,700 units, a 12.1% increase from March 2023, according to a joint forecast from J.D. Power and GlobalData. […]

Einride Smartcharger Station Unveiled in Los Angeles, North America’s Largest Operational Charging Site for Electric Heavy Duty Freight

Strategically located near the Ports of Los Angeles and Long Beach, the Lynwood Smartcharger Station will serve Einride customers to fast track the region to electric freight with 65 chargers having the ability to charge 200 vehicles a day The Smartcharger Station was built in partnership with Voltera, a developer and owner of charging infrastructure […]

EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach

First in series of charging stations leveraging accelerated deployment approach designed to reduce installation timelines and costs LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced the opening of its first fast charging station deployed using the Company’s new […]

Prime Insurance Company Obtains Defense Verdict in Louisiana Courts

SALT LAKE CITY–(BUSINESS WIRE)–Prime Insurance Company obtained a defense verdict on March 5, 2024, in the United State District Court Eastern District of Louisiana. The claim arose when the insured’s (Omater Trucking, LLC) tractor trailer entered an actively signaling railroad crossing and was struck by a slow-moving 10-car train. The plaintiffs were two brothers, one […]

Laser Photonics Corporation Enters Distribution Agreement With Incredible Supply & Logistics for Its Military & Industrial Laser Solutions

ORLANDO, Fla.–(BUSINESS WIRE)–Laser Photonics Corporation (NASDAQ: LASE) (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications announced today that it has entered into a distribution agreement with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics (3PL) company specializing in supporting federal […]