Tag: Trucking News

Hyliion’s Hybrid CNG Solution Receives Positive Feedback Through NW Natural’s Truck Loan Program

Three Oregon companies saw positive results when testing Hyliion’s natural gas-powered Hybrid solution under challenging conditions Hybrid-equipped truck powerfully and effectively carried heavy payloads with ample performance and power Loan program successfully showed potential for a significant reduction in carbon emissions when using a Hyliion Hybrid solution AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), […]

Iteris to Participate at Stifel Virtual Cross Sector Insight Investor Conference on June 8, 2021

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT–Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it will participate in the Stifel 2021 Virtual Cross Sector Insight Investor Conference on Tuesday, June 8, 2021. Iteris president and CEO Joe Bergera, and CFO Douglas Groves will be hosting virtual meetings with investors throughout […]

MiX Telematics Reports Preliminary Unaudited Fourth Quarter and Full Fiscal Year 2021 U.S. GAAP Financial Results

Highlights: Fourth Quarter Fiscal 2021: Subscription revenues of $30.8 million Net subscriber base of over 744,000 subscribers Net income of $2.8 million Adjusted EBITDA of $11.3 million, at a 32.9% margin Net cash provided by operating activities of $7.6 million leading to positive free cash flow of $5.2 million Cash and cash equivalents of $45.5 […]

NW Natural: Hyliion Equipped Low-Emission CNG/Hybrid Truck Powerfully and Effectively Carries Heavy Payloads

Three Oregon companies tested natural gas-powered vehicle under challenging conditions, with positive results PORTLAND, Ore.–(BUSINESS WIRE)–$NWN #CNG–NW Natural today announced promising early results from its truck loan program in conjunction with Hyliion Holdings Corp. Through tests conducted by Baker Rock Resources, Tillamook County Creamery Association and CalPortland, the new CNG solution proved it can deliver […]

J.B. Hunt Transport Services, Inc. Announces Participation in the 2021 KeyBanc Capital Markets’ Virtual Industrials & Basic Materials Conference

LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Executive Vice President of Highway Services Eric McGee and Chief Financial Officer and Executive Vice President John Kuhlow will address the 2021 KeyBanc Capital Markets’ Virtual Industrials and Basic Materials Conference at 10:00 a.m. eastern time on Thursday, June 3, 2021. Interested investors not attending the […]

Covenant Transport Selects IntelePeer’s Atmosphere® CPaaS to Transform Communication for Truck Drivers

Managed Services Deliver Conversational AI and Automation that Improve Operation and Cuts Cost SAN MATEO, Calif.–(BUSINESS WIRE)–IntelePeer, a leading Communications Platform as a Service (CPaaS) provider, today announced that Covenant Transport, a subsidiary of Covenant Logistics Group, and leading transportation company operating one of the country’s largest fleets, has selected its Atmosphere® CPaaS to deploy […]