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Nine pilot markets selected to test Ford E-Transits in various road and weather conditions PLANO, Texas–(BUSINESS WIRE)–FedEx Office, a world-class provider of convenient, state-of-the-art printing, packing and shipping services and subsidiary of FedEx Corp. (NYSE: FDX), in collaboration with Ford Pro, today announced it is piloting ten Ford E-Transit vans across its FedEx SameDay City […]
Network throughput reached 10.1 Gigawatt-hours (“GWh”) in the second quarter of 2022, an increase of 66% year-over-year Revenue grew to $9.1 million in the second quarter of 2022, representing an increase of 90% year-over-year Ended the second quarter of 2022 with 2,397 stalls in operation or under construction, and operationalized 170 new stalls during the […]
ANAHEIM, Calif.–(BUSINESS WIRE)–Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix Motorcars”), a leader in manufacturing of all-electric, medium-duty vehicles, today announced it will release its results for the second quarter of 2022 after market close on Monday, August 15, 2022. This release will be followed by a conference call for investors at 5:00 p.m. Eastern […]
AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today reported its second-quarter 2022 financial results. Key Business Highlights Increased order backlog to 200 Hypertruck ERX™ production slots, plus nearly 2,000 units in reservations to date Reached new milestone in Hypertruck ERX development with start of […]
Total operating expenses were $19.1 million, an increase of $12.5 million from a year ago, reflecting an increase in headcount to support battery cell and AI software development and costs associated with being a public company Financial guidance for 2022 is unchanged from our guidance issued with our first quarter results, with cash used in […]
MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corporation (NYSE: FDX) announced today that retired Navy Vice Admiral Nancy A. Norton and Stephen E. Gorman have been nominated for election to the FedEx Board of Directors at the FedEx Corporation Annual Meeting of Stockholders on September 19, 2022. Vice Admiral Norton led the Department of Defense’s cyber activities, where she […]
Second Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 38.9% year over year to $406.5 million Construction and Material Handling revenue of $271.0 million and $135.5 million, respectively Product Support revenue increased $23.5 million year over year to $110.0 million Record second quarter financial results primarily due to strong demand for equipment […]