Tag: Trucking News

Ryder Confirms Receipt of Unsolicited Indication of Interest from HG Vora

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today confirmed that it has received an unsolicited indication of interest from HG Vora Capital Management, LLC to acquire all of the outstanding shares of Ryder not currently owned by HG Vora for $86.00 per share in cash. […]

North American Class 4-8 Truck Engine Replacement Growth Opportunities Report 2022 with Supplier Profiles of Cummins, Detroit Engines, PACCAR, Volvo, Reviva, Jasper Engine and Transmission – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North American Class 4-8 Truck Engine Replacement Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. The research service on the class 4-8 replacement engine aftermarket in North America forecasts the market size from 2022 to 2028. The base year is 2021, and the study period is 2018 to 2028. This study analyzes […]

Lightning eMotors Reports Financial Results for First Quarter 2022

Record first quarter revenue of $5.4 million, increased 18% year-over-year Record number of quarterly units sold at 68 Revealed new electrified Class 5-6 step van chassis and partnership with Blue Bird Corporation at the Advanced Clean Transportation Expo on May 10 LOVELAND, Colo.–(BUSINESS WIRE)–Lightning eMotors, Inc. (“Lightning eMotors”, “Lightning”, or the “Company”), a leading provider […]

Volta Inc. Reports First Quarter Financial Results

First Quarter Revenue Increased 77% Year-Over-Year to $8.4 million   Media (Behavior and Commerce) Revenue Increased 73% Year-over-Year to $6.1 million 39% Year-Over-Year Growth in Total Installed Stalls – 2,548 as of March 31, 2022 Added New Media Brand partners Showtime, Zoom, Bank of the West and T-Mobile to the platform; additional campaigns for PepsiCo, Disney, Aetna, […]

Electric Truck Starts Operations at PUMA’s Warehouse in California

HERZOGENAURACH, Germany–(BUSINESS WIRE)–Sports company PUMA has started transferring goods from the port of Los Angeles to its warehouse in Torrance, CA, with a fully electric truck, an initiative, which is part of the company’s strategy to reduce carbon emissions throughout its business. The Freightliner truck, which is operated by PUMA’s drayage partner NFI, is a […]

London and Los Angeles Work Together to Tackle the Climate Emergency and Air Pollution as London Exceeds Key Electric Vehicle Milestone

LOS ANGELES–(BUSINESS WIRE)–#Cleantech–Today, the Mayor of London and Chair of C40 Cities, Sadiq Khan, visits the Los Angeles Cleantech Incubator (LACI), alongside the Mayor of Los Angeles and previous Chair of C40, Eric Garcetti, to showcase how the two cities are working together to tackle the climate emergency and air pollution by delivering zero emissions […]