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GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, and inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire […]
Allison Transmission’s propulsion solutions support the U.S. Marine Corps in its mission to increase fuel efficiencies and mitigate logistics risk in contested environments. WASHINGTON–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles as well as medium- and heavy-duty commercial vehicles, will be […]
LOS ANGELES–(BUSINESS WIRE)–Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced its wholly owned subsidiary D&V Electronics has received an order for an automated inverter test system from Taiwan’s Automotive Research & Testing Center (ARTC) to support the development of electric vehicles and related technologies. Terms of the contract were not disclosed. The traction inverter […]
Jointly developed with Curbtender, Inc., the completed pre-series unit of a battery electric refuse vehicle will be showcased at WasteExpo 2022 from May 9-12 in Las Vegas XL Fleet experiencing strong customer demand for all-electric solution BOSTON–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leading provider of fleet electrification solutions, will […]
Lightning’s medium-duty zero-emission fleet offerings now include Level 2 and Level 4 autonomous vehicle capability Perrone’s vehicle-agnostic TONY® AV system is available for all Lightning vehicle orders Perrone’s proven Lidar-centric autonomous technology a differentiating factor LOVELAND, Colo.–(BUSINESS WIRE)–$ZEV #commercialevs–Lightning eMotors (NYSE: ZEV), a leading provider of zero-emission medium-duty commercial vehicles and electric vehicle technology for […]
Velociti selected as installation and maintenance services partner for the Plus Build program CUPERTINO, Calif. & RIVERSIDE, Mo.–(BUSINESS WIRE)–Plus, a global provider of self-driving truck technology, announced today that it has selected Velociti, a global leader in fleet technology solutions, as the deployment and maintenance partner for the national Plus Build program. The Plus Build […]
Delivered a fifth consecutive quarter of NSR growth, which contributed to continued strong earnings growth Total backlog reached $40.8 billion, including a 1.6 book-to-burn ratio, reflecting a continued high win rate and strengthening market conditions Achieved a new fiscal second quarter high for profitability and adjusted operating margins Generated strong first half cash flow; returned […]