Tag: Trucking News

Beemac Inc. Selects Michael Presto as New Chief Executive Officer

Presto Brings 25+ Years of Customer Service, Operations and Sales Experience to the CEO Position AMBRIDGE, Pa.–(BUSINESS WIRE)–The Board of Directors of Beemac Inc. is pleased to announce the appointment of Michael Presto as Chief Executive Officer. Presto has a tenured logistics and supply chain career, having earned degrees in Supply Chain Logistics and Computer […]

IAA Loan Payoff® Exceeds $3 Billion in Total Loss Transactions in 2022

Industry-leading digital solution streamlines transactions, improves customer satisfaction WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that IAA Loan Payoff exceeded $3 billion in total loss transactions in 2022. This exponential growth follows the tool’s 2021 record of $1.2 billion in loans and leases processed, bringing […]

Faraday Future Announces the Receipt of First Payment From Recent Round of $135 Million Financing and Will Host a FFIE Global Investor Communications and Proxy Voting Webinar on Monday, February 13th

The Company requests stockholders to vote in favor of the proposals at the February 28, 2023 special meeting and submit proxies in respect thereof The Company received $50.0 million ($44.5 million net of original discount and transaction costs) as of February 9, 2023, from recently announced round of $135 million financing LOS ANGELES–(BUSINESS WIRE)–Faraday Future […]

Bloom Energy Launches Combined Heat and Power Solution, Increasing System Efficiency, and Improving Economics

Bloom Energy Server™ with Heat Capture Lifetime Average Efficiency of up to 90% SAN JOSE, Calif.–(BUSINESS WIRE)–Bloom Energy (NYSE:BE) has released its newest application to further enhance the efficiency of its Bloom Energy Server™ to serve customers in markets facing growing energy demand but constrained power grids and ambitious climate goals. The Bloom platform can […]

NGL Energy Partners LP Announces Third Quarter Fiscal 2023 Financial Results

TULSA, Okla.–(BUSINESS WIRE)–NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its third quarter Fiscal 2023 financial results. Highlights include: Net income for the third quarter of Fiscal 2023 of $59.0 million, compared to a net loss of $19.0 million for the third quarter of Fiscal 2022; Net income for the […]

C.H. Robinson Declares Quarterly Cash Dividend

Company Recently Added to S&P 500 Dividend Aristocrats Index EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–$CHRW #CHRobinson–C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 61 cents ($0.61) per share, payable on April 3, 2023, to shareholders of record on March 3, 2023. As of […]

ChargePoint to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 2, 2023

CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle charging network, today announced it will release financial results for the fourth quarter and full year 2023, ended January 31, 2023, after market close on March 2, 2023. ChargePoint management will host a conference call to review its financial results at 1:30 p.m. Pacific time […]