Strategic deal will position AIT as key player in European road transport, energy sectors ITASCA, Ill.–(BUSINESS WIRE)–#acquisitions–AIT Worldwide Logistics, a leading provider of global supply chain solutions, has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specializing in high-value, complex, and time-sensitive transport services. The purchase will serve […]
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Range Energy (Range), the company bringing powered trailers to the commercial trucking market, today announced preliminary third-party testing results showing its technology enables up to 36.9 percent fuel efficiency gains (+3.25 MPG) for semi-trucks. Testing was conducted on a 25.5-mile urban/highway loop at approximately 59,000 lbs. GVW and 60 MPH top speeds […]
MEMPHIS, Tenn.–(BUSINESS WIRE)–The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable January 2, 2024 to stockholders of record at the close of business on December […]
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company will host a Middle East Strategy Launch press conference in Abu Dhabi to share its plans for launching the FF brand and products in this region. The […]
New promotion helps new EVgo customers unlock access to EVgo’s nationwide network of high-power fast chargers ESTERO, Fla. & LOS ANGELES–(BUSINESS WIRE)–Hertz (NASDAQ: HTZ) and EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a joint promotion to offer one year […]
PALO ALTO, Calif.–(BUSINESS WIRE)–DESTEN Inc., an advanced lithium-ion battery technology company, announced the launch of the latest cell technology advancement, an Ultra-Fast Charging, 6C LFP (Lithium Iron Phosphate) cell. The latest pouch form-factor cell from DESTEN is capable of charging from 20% to 80% SOC in 6 minutes. Owing to its LFP based chemistry, this […]
$9.8m grant will support expansion of manufacturing footprint in Marina, CA State funding will support creation of 690 new roles statewide Enables an acceleration of early manufacturing to support initial commercial operations, targeted for 2025 SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger […]