Tag: Trucking News

ShipX Acquires Princeton Logistics and TriStar Carriers, Expands E-Commerce Transportation Service Offerings

NEW YORK–(BUSINESS WIRE)–ShipX, a leading tech-enabled e-commerce transportation delivery service provider, announces the acquisition of Princeton Logistics and its subsidiary, TriStar Carriers, to expand the ShipX service portfolio. This addition will enable ShipX to arrange First and Middle Mile transportation services to e-commerce customers needing specialized trucking options, as well as help strengthen their door-to-door […]

One of Chicago’s Top Private Equity Firms, Red Arts Capital, Continues Growth By Adding Two Key Team Members

Christopher DeLetto and Indra Santhiapillai are joining the firm that ranked in the .9% of all managers CHICAGO–(BUSINESS WIRE)–Red Arts Capital, LLC (“Red Arts Capital”), a leading middle-market, sector-focused private equity investment firm and preferred investment partner for family-owned supply chain-related businesses, announced the expansion of its team with the addition of Christopher DeLetto as […]

Luminar Partners with ECARX to Drive Next-gen Safety and Autonomy to China and Beyond

ECARX, a Global Mobility Tech Company, to Work with Luminar on Hardware and Software Systems for Series Production ORLANDO, Fla.–(BUSINESS WIRE)–$LAZR–Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced today it’s teaming up with ECARX, a global mobility tech company, to collaborate on automotive grade technologies with the intent to enable advanced safety and […]

Iteris Announces Availability of Customizable Enhanced Mobility Data

ClearData™ Combines Multiple Data Sources Uniquely Cross-Referenced For Accuracy, And Delivered As Data-as-a-Service ClearData allows agencies and commercial enterprises to integrate critical mobility data into their operations and provide customers with an unmatched level of accurate and reliable traffic information to support real-time decision making. ClearData is produced by a dedicated processing engine that leverages […]

Electric Vehicle Consideration Up but Skepticism Still Exists, J.D. Power Finds

Electric Vehicle Consideration Study Examines Effects of New EV Models TROY, Mich.–(BUSINESS WIRE)–Auto shoppers in America are more likely than ever before to consider buying a fully electric vehicle (EV), and new EV entries are responsible for much of the added consideration. These new entries, many from long-established vehicle manufacturers, are turning EV skeptics into […]

Wallbox Expands North American Presence to Support Growing Customer Demand

New facilities and strategic partnerships across the U.S. and Canada to enhance operational excellence MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Wallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced continued expansion in the North American market through strategic partnerships and the opening of new facilities across the region. Canadian Expansion […]

Joby Receives Part 135 Certification from the FAA

Part 135 Air Carrier Certificate received ahead of schedule, initially targeted for second half of 2022 Certification allows Joby to operate aircraft commercially Joby will use conventional aircraft to refine systems and procedures in advance of launching eVTOL service targeted for 2024 SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft […]