FedEx Continues Pledge to HBCUs with Announcement of Third Student Ambassador Cohort

FedEx Continues Pledge to HBCUs with Announcement of Third Student Ambassador Cohort

HBCU alumnus and three-time Super Bowl Champion Jerry Rice teams up with Mississippi Valley State University student and former cohort participant to kickoff year three MEMPHIS, Tenn.–(BUSINESS WIRE)–Today, FedEx, the world’s largest express transportation company, announced the third cohort of the FedEx-HBCU Student Ambassador Program. The program launched in 2022 as part of an expanded […]

Joby Completes Third Stage of FAA Certification Process

Joby has now completed three of five stages of type certification process First eVTOL company to reach this milestone towards commercialization SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it has become the first developer of electric vertical take-off and landing (eVTOL) aircraft to […]

 PHINIA Reports Solid Q4 and Full Year 2023 Results, Introduces 2024 Outlook

AUBURN HILLS, Mich.–(BUSINESS WIRE)–PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today reported its fourth quarter and full year ended December 31, 2023 results. Fourth Quarter Highlights: U.S. GAAP net sales of $882 million, an increase of 3.6% compared with Q4 2022. Excluding $24 million of contract manufacturing […]

Monroe Capital Supports Equity Group Investments’ Lanter Delivery Systems

CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to provide continued growth financing of Lanter Delivery Systems, an existing portfolio company of Equity Group Investments, the private investment firm founded by Sam Zell. Founded more than 40 years ago and […]

Ryder Expands Cross-Border Footprint in U.S. and Mexico to Support Growth in Nearshoring

New multiclient warehouse and cross dock and expanded drayage yard strategically located at top inland international trade port MIAMI–(BUSINESS WIRE)–#RyderEverbetter—Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the opening of a new logistics operation in Laredo, Texas and the expansion of its drayage yard in Nuevo […]

Calumet Electronics And Schmid Group Collaborate To Establish First-Ever US Advanced Substrate Facility

FREUDENSTADT, Germany–(BUSINESS WIRE)–Calumet Electronics (Calumet), a leading American printed circuit board manufacturer, is pioneering the domestic production of advanced packaging substrates. The current development and onshoring of this technology are the direct result of a strategic partnership with Schmid Group (Schmid), a top global solutions provider for the high-tech electronic, photovoltaics, glass, and energy systems […]