BALTIMORE & MINNEAPOLIS–(BUSINESS WIRE)–ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have recently acquired three additional properties for their Transportation-Related Industrial Portfolio (“TRIP”). TRIP is a nationwide portfolio of truck terminals, truck parking, and high flow-through industrial assets that now includes 17 assets. The latest additions to TRIP include a truck terminal in Dallas, […]
Second Quarter 2023 Highlights (all metrics compared to second quarter 2022) Total revenues of $811.1 million, down 3% Operating income of $47.2 million, down 37%; non-GAAP adjusted operating income of $51.1 million, down 34% Operating margin of 5.8%, down 320 basis points; non-GAAP adjusted operating margin of 6.3%, down 300 basis points Diluted EPS of […]
PITTSBURGH–(BUSINESS WIRE)–Aurora Innovation, Inc. (NASDAQ: AUR) today announced David Maday, Chief Financial Officer, will present at the Canaccord Genuity 43rd Annual Growth Conference on August 9, 2023 at 3:30 pm Eastern Time. The presentation will be webcast on Aurora’s investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days […]
HARTFORD, Conn.–(BUSINESS WIRE)–Northland Insurance, the largest trucking wholesale insurance company in the United States and a subsidiary of The Travelers Companies, Inc. (NYSE: TRV), announced the launch of a telematics program, a cargo theft reporting tool, and a curated set of safety and risk mitigation resources. “We’re pleased to offer these new customer-centric capabilities as […]
Next-Generation Cell Redefines Electric Mobility with Unrivaled Power and Energy Efficiency FREMONT, Calif.–(BUSINESS WIRE)–Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, is continuing to pioneer innovative battery technology with its newest ultra-high-power-high-energy lithium-ion battery. Leveraging the company’s advanced material system capability, the cell […]
DUBLIN–(BUSINESS WIRE)–The “Chinese Passenger Car OEMs’ Overseas Layout Research Report, 2023” report has been added to ResearchAndMarkets.com’s offering. OEMs’ overseas layout research: automobile exports are expected to hit 7.18 million units in 2025. China’s automobile export market bucked the trend. During 2021-2022, the global economy suffered an overall slump amid the severe outbreak inside and […]
CHARLOTTE, N.C.–(BUSINESS WIRE)–RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named to SupplyChainBrain’s 2023 Top 100 Great Supply Chain Partners list. SupplyChainBrain, a resource for supply chain management professionals, compiles its list annually based on nominations from manufacturers, retailers and other customers of supply chain services. “I am honored that RXO’s customers […]