Tag: Trucking News

Forward Air Provides Mid-Quarter Update on Third Quarter 2022 Performance

GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”), today provided the following key Expedited Freight Operating Statistics for the quarter-to-date period through August 2022. Revenue per shipment increased 16.0%, weight per shipment decreased 3.2%, pounds per day increased 3.1% and shipments per day increased 6.5% over the same period […]

PPG to highlight coatings for battery electric vehicles at North American International Detroit Auto Show and The Battery Show

PPG’s battery coatings enable safety, performance, manufacturability PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE: PPG) today announced that it will showcase its growing portfolio of paints and coatings for battery electric vehicles (EV) during the North American International Detroit Auto Show at Huntington Place in Detroit and The Battery Show, North America at The Suburban Collection Showplace in Novi, […]

Hyliion Names Jon Panzer as Chief Financial Officer

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 commercial semi-trucks, has announced that Jon Panzer has joined the company as Chief Financial Officer. Panzer brings extensive expertise in leading financial activities for Union Pacific Railroad Company, one of the nation’s largest railroads, with a broad understanding […]

XL Fleet Completes Transformational Acquisition of Spruce Power, the Largest Privately Held Solar-as-a-Service Provider

Completed acquisition of Spruce Power from funds managed by HPS for total cash consideration of approximately $58 million and the assumption of approximately $542 million of debt on September 9, 2022 Spruce Power is the largest privately held owner and operator of residential rooftop solar systems in the U.S. with more than 52,000 subscribers Acquisition […]

Mile Marker Industries, Inc. Announces Brand Representation by Automotive Television Personality Courtney Hansen

POMPANO BEACH, Fla. & LOS ANGELES–(BUSINESS WIRE)–Mile Marker Industries, Inc., a Pompano Beach, FL-headquartered manufacturer of high-quality hubs, winches, recovery gear and automotive aftermarket accessories, defense/government/public sector industry products announced today its partnership with well-known automotive television personality Courtney Hansen. Hansen is a well-known car/truck/aftermarket industry personality and enthusiast who recently launched an all-new MotorTrend […]