Archer’s Midnight eVTOL Aircraft Wins Transportation Design of the Year Award

Archer’s Midnight eVTOL Aircraft Wins Transportation Design of the Year Award

The MUSE Design Awards, an International design competition, recognizes Archer’s Midnight as “Transportation Design of the Year” for 2023 The MUSE Design Awards honors and celebrates the world’s best in design and innovation Archer’s team of world-class design and engineering professionals set out to celebrate the act of flying by creating a powerful aircraft design […]

CarMax Reports Third Quarter Fiscal 2024 Results

RICHMOND, Va.–(BUSINESS WIRE)–CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2023. Highlights: Net revenues were $6.1 billion, down 5.5% compared with the prior year third quarter. Retail used unit sales decreased 2.9% and comparable store used unit sales declined 4.1% from the prior year’s third quarter; strong gross profit per […]

Fisker Celebrates Numerous Fisker Ocean Award Wins in 2023 for Best Electric Vehicle, Best SUV, and Best Product Design

Fisker celebrates six European awards for the Fisker Ocean from Germany, France, Denmark, and the United Kingdom in 2023. The Fisker Ocean wins the internationally recognized 2023 Red Dot Product Design Award winner for Best Electric Vehicle in Germany. The Fisker Ocean wins Best Full Electric Vehicle 2023 at the Automobile Awards 2023 in France. […]

Joby, NASA Simulation Demonstrates Up To 120 Air Taxi Operations Per Hour in Busy Airspace

SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has successfully completed a series of air traffic simulations with NASA’s Ames Research Center that evaluated how air taxi operations can be integrated into today’s airspace, including at busy airports, using […]

Forward Air Announces Sale of Final Mile Business

GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is pleased to announce the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million. For the twelve months ended September 30, 2023, Final Mile generated approximately $289 million in revenue. Final Mile has approximately […]

Infinitum Continues Rapid Growth Trajectory with Three Executive Appointments, Caps Year of Record Demand for High-Efficiency, Sustainable Motors

Strengthened leadership team supports company expansion following year of immense growth, innovation and accolades AUSTIN, Texas–(BUSINESS WIRE)–Infinitum, creator of the sustainable air-core motor, today announced the expansion of its leadership team and key 2023 highlights following a year of record demand and transformative growth. Bhavnesh Patel has been appointed to Chief Strategy Officer, Paulo Guedes-Pinto […]

Schneider wins prestigious personnel safety award

The carrier was named Grand Champion, Class 2 in National Tank Truck Carriers’ 2022 Personnel Safety Contest GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, has been awarded Grand Champion, Class 2 in the National Tank Truck Carriers’ (NTTC) 2022 Personnel Safety Contest. Schneider’s Bulk […]