Tag: Trucking News

United Illuminating Announces New Partnership With Bidgely to Assist in State EV Charging Program

Bidgely will utilize their first-of-its-kind load management technology to assist in the large scale EV adoption in Connecticut ORANGE, Conn.–(BUSINESS WIRE)–The United Illuminating Company (UI) – a subsidiary of AVANGRID, Inc. (NYSE: AGR) – is partnering with Bidgely to help implement the first electric vehicle (EV) managed charging program in Connecticut. The program, established by […]

C.H. Robinson to Participate in Upcoming Investor Conferences

EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–#CHRobinson–C.H. Robinson (NASDAQ: CHRW) announced that the company will participate in virtual fireside chats at the following investor conferences: 29th Annual Bank of America Transportation, Airlines and Industrials Conference on Thursday, May 19, 2022, at 3:00 p.m. Eastern Time 2022 Wolfe Research Global Transportation Conference on Wednesday, May 25, 2022, at 10:55 […]

SES Announces First-Quarter 2022 Results

First Quarter of 2022 Highlights Closed business combination with Ivanhoe Capital Acquisition Corporation in early February. Quarter ending cash position of $426 million expected to provide sufficient liquidity to reach commercialization Announced an “A-sample” joint development agreement (JDA) with Honda to develop Li-Metal batteries as part of Honda’s next generation battery strategy. This is our […]

Myers Industries Expands Production With Acquisition of Rotational Molding Facility in Georgia

Investment further expands and strengthens Myers’ rotational molding capabilities AKRON, Ohio–(BUSINESS WIRE)–Myers Industries, Inc. (NYSE: MYE) today announced that it is increasing its production capacities through the acquisition of the Decatur-based rotational molding manufacturing assets of Step2 Co, LLC for an undisclosed sum. This investment comes as Myers continues to expand its rotational molding capabilities […]

Blue Bird Reports Fiscal 2022 Second Quarter Results; Focused on Electric Vehicle Growth and Process Improvement; Challenging Business Environment; Revising FY2022 Guidance

Net Sales of $207.7M and GAAP Net Loss of $12.1M; Firm Order Backlog of Record 6,600+ units; Electric Type C & D Bus Backlog of nearly 360 units; Adjusted EBITDA of $(10.7)M with 1,931 Buses Sold MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today […]

Governor Control Systems and Motor Services Hugo Stamp Unify Under MSHS Brand

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Actuator–Motor Services Hugo Stamp and Governor Control Systems are rebranding as one entity named MSHS. The unification marks the next milestone in the company’s successful history spanning nearly 40 years of engine sales and services, control systems, and engineered solutions for marine, industrial, energy, defense and government clients. Previously operating as separate […]

Faraday Future Marks Production Milestone #5 at its Hanford, Calif. Manufacturing Facility, Remains on Schedule to Launch in Q3 2022

Milestone #5 signifies the start of all major mechanical, electrical, and plumbing (MEP) systems to support equipment installation. With the achievement of the first five manufacturing milestones, and continued vehicle testing and validation of production-intent vehicles, the FF 91 program is on schedule to launch in Q3 2022. The FF 91 will be the first […]