Stack AV is developing AI-powered technology to maximize trucks’ uptime, optimize existing infrastructure, improve roadway safety, and minimize emissions Founded by industry experts Bryan Salesky, Peter Rander, and Brett Browning with decades of experience across the autonomous vehicle industry Stack AV is backed by SoftBank Group Corp. PITTSBURGH–(BUSINESS WIRE)–Stack AV today announced the launch of […]
The Fisker Ocean is projected to increase production from approximately 180 units per day to approximately 300 per day in Q4 2023 with manufacturing partner Magna. As of earlier in the week of Sept. 4, a total of 3,123 customer vehicles have been built. Customer deliveries in the United States have been steady and are […]
KKR to invest approximately $750m to scale Zenobē across two of the largest decarbonisation market opportunities in infrastructure – fleet electrification and battery storage solutions KKR and current majority shareholder, Infracapital, to become joint majority shareholders in a strategic partnership; Infracapital to reinvest into the business Investment is the first through KKR’s global climate strategy, […]
HOUSTON–(BUSINESS WIRE)–Triarc Solutions™ announced today that they have appointed Justin Long as their new Director of Consulting and Business Development. An experienced and strategic business leader, Long joins Triarc with a rich history of RightAngle industry experience and expertise, holding technical, operational and leadership roles at Love’s Travel Stops, Musket Corporation, and CITGO Petroleum. In […]
FORT WORTH, Texas–(BUSINESS WIRE)–Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”) announced today that it will host an Investor Day on Thursday, September 28, 2023, at City Club of Fort Worth in Texas. During the DSG Investor Day, executive management and operational leaders will present the Company’s long-term vision, growth strategies and capital […]
THOMASVILLE, N.C.–(BUSINESS WIRE)–Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2023. Revenue per day decreased 1.4% as compared to August 2022, primarily due to a 6.0% decrease in LTL tons per day that was partially offset by an increase in LTL revenue per hundredweight. The change in […]
LONGVIEW, N.C.–(BUSINESS WIRE)–Hydrogen distribution and fueling business OneH2 has closed its latest funding round with investments led by Chevron U.S.A. Inc. and current investors Trafigura and The Papé Group. Terms of the transactions were not disclosed. Funds from the round will be used to help accelerate the development and deployment of mid-scale hydrogen generators and […]