Tag: Business Wire

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Gett Strengthens Global Technology Platform to Combine Corporate Fleets and Ride-Hailing

 – Expansion cements transition to a corporate ground transportation marketplace – one-third of trips taken on Gett by corporate clients are now serviced by partner fleets – Early indicators of Covid-19 corporate transportation resurgence with Gett B2B Q1 2021 passenger volumes returning to c.80% of Q1 2020 levels – New supply partnership with Curb Mobility, […]

PPG Acquires Automotive Coatings Manufacturer Cetelon

PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE: PPG) today announced that it has acquired Cetelon Lackfabrik GmbH, a manufacturer of coatings for automotive and light truck wheel applications. Financial details of the transaction were not disclosed. Cetelon develops and manufactures a wide range of coating systems for the wheel industry, including certain proprietary technologies. It operates production and sales […]

Global Partners Announces Cash Distributions on Series A and B Preferred Units

WALTHAM, Mass.–(BUSINESS WIRE)–Global Partners LP (NYSE:GLP) announced today that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s 9.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units for the period from […]

Clean Energy Signs Agreement with Amazon for Low and Negative Carbon RNG

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–$CLNE–Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced that it has signed an agreement with Amazon (Nasdaq: AMZN) to provide low and negative carbon renewable natural gas (RNG). The fuel will be provided at 27 existing Clean Energy fueling stations and another 19 non-exclusive new or upgraded Clean Energy-owned stations that Clean […]

Commercial Truck Sales Looking Strong in all Segments for Second Quarter 2021, J.D. Power Finds

MCLEAN, Va.–(BUSINESS WIRE)–March was quite a month for all segments of the used truck industry, according to analysts from J.D. Power Valuation Services, as reported in the April 2021 Commercial Truck Guidelines Industry Update. Class 8 auction pricing was the standout, particularly for the newest trucks available. Retail pricing stayed firm, while medium duty trucks […]

Kansas City Southern Reports First Quarter Results

KANSAS CITY, Mo.–(BUSINESS WIRE)–Kansas City Southern (KCS) (NYSE:KSU) reported revenues of $706.0 million, a decrease of 4% from first quarter 2020. Overall, carload volumes were down 1% compared to prior year. First Quarter 2021 First quarter revenues were $706.0 million, a decrease of 4% primarily resulting from lower volumes, lower fuel surcharge, and fluctuations in […]