Tag: Trucking News

Platform Science to Acquire Trimble’s Global Transportation Telematics Business Units to Drive the Future of Transportation In-Cab Technology

Partnership will Accelerate Global Expansion of Virtual Vehicle Trimble to Become a Shareholder in Platform Science’s Expanded Business WESTMINSTER, Colo. & SAN DIEGO–(BUSINESS WIRE)–Trimble (NASDAQ: TRMB) and Platform Science announced today they are partnering to transform the transportation industry through a definitive agreement for Platform Science to acquire Trimble’s global transportation telematics business units. As […]

Auto Dealership Buy/Sell Market Hits All-Time Record in First Half of 2024, Nearly Double Pre-Pandemic Average

204 transactions, representing a record 381 franchises, were completed in the first half of 2024, according to the Second Quarter 2024 Blue Sky Report® by Kerrigan Advisors; activity was largely driven by an increase in sellers seeking to capture strong blue sky values and well-capitalized buyers INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–#autoindustry–The auto dealership buy/sell market experienced […]

Faraday Future Announces “Your Vision, Our Drive: Co-Creating the Future of Affordable AI EVs” Co-Creation Campaign

LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that a co-creation campaign, “Your Vision, Our Drive: Co-Creating the Future of Affordable AI EVs” will begin on September 4. This campaign will be a key component of FF’s Second […]

JBT Corporation Announces Extension of Voluntary Takeover Offer for All Marel hf. Shares

CHICAGO–(BUSINESS WIRE)–JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that the Financial Supervisory Authority of the Central Bank of Iceland (FSA) has granted an extension of the expiration of JBT’s voluntary takeover offer to acquire all issued and outstanding shares of Marel […]