Tag: Trucking News

FedEx Freight Announces Door Count Increase

MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Freight celebrated the opening of a new, 218-door facility in Phoenix, Ariz., earlier this summer. “The continued growth in the Phoenix market coupled with our expanded footprint with additional doors provides us the much-needed capacity to meet the growing demand,” Scott Doleman, regional vice president, said. Not only is this facility perfectly […]

Vice Admiral Nancy A. Norton and Stephen E. Gorman Nominated to FedEx Board of Directors

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 […]

Velodyne Lidar Reports Second Quarter 2022 Financial Results

– Revenue of $11.5 million and billings of $12.5 million SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), a leading lidar company known worldwide for its broad portfolio of breakthrough lidar technologies, today announced financial results for its second quarter, which ended June 30, 2022. “We saw strong customer traction in the second quarter […]

Generate Capital Announces Promotion and Hiring of Managing Directors

SAN FRANCISCO–(BUSINESS WIRE)–Generate Capital, PBC, a leading sustainable infrastructure investment and operating platform, today announced two internal promotions and two external hires to its investment team. These four leaders’ extensive backgrounds across the sustainable infrastructure markets highlight the breadth and depth of knowledge required to solve our most pressing climate and infrastructure challenges. “Our people […]

Schneider earns Chevron’s 2021 Lubricants Innovation award

Market Index Pricing offering helped overcome marketplace challenges GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider (NYSE: SNDR), a premier multimodal provider of trucking, intermodal and logistics services is pleased to accept the 2021 Lubricants Innovation award from energy company Chevron for its Market Index Pricing offering. Chevon created this award to honor carriers who provide creative solutions to […]

Cenntro Electric to Establish Subsidiary Cennatic for Advanced Lithium-Ion Battery Production in North America

U.S. Based Subsidiary will Secure Supply for Electric Commercial Vehicles FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the establishment of a separate operating division and wholly owned U.S. subsidiary, Cennatic Power Inc. (“Cennatic”) to manufacture advanced lithium-ion batteries to be used […]

Wejo to Announce Second Quarter 2022 Financial Results on August 15, 2022

Will host business update call to review financial results, company strategy, and operational KPIs MANCHESTER, England & NEW YORK–(BUSINESS WIRE)–Wejo Group Limited (NASDAQ: WEJO) (“Wejo” or the “Company”), a global leader in Smart Mobility for Good ™ and cloud and software analytics for connected, electric and autonomous vehicle data, announced today that it will report […]