Tag: Trucking News

Allison Transmission to Provide Propulsion Solutions for the U.S. Army’s Newest Tactical Wheeled Vehicle Program

Common Tactical Truck program will replace more than 7,000 heavy trucks with more fuel-efficient vehicles. INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will support multiple customers through the U.S. Army’s newest tactical wheeled vehicle program named the Common Tactical Truck […]

Cepton, Inc. Announces Upcoming Investor Conference Schedule

SAN JOSE, Calif.–(BUSINESS WIRE)–$CPTN #automotive–Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today its participation in the following investor conferences: Craig-Hallum 19th Annual Institutional Investor Conference Date: Wednesday, June 1, 2022 Location: Virtual Participants: Dr. Jun Pei, Chief Executive Officer, and Hull Xu, Chief Financial […]

Joule Case Completes $1M Crowdfunding Round, Expands to $5M to Target New Markets

Initial round exceeds $1.1 million from 900+ investors as demand spikes for mobile energy storage SEATTLE–(BUSINESS WIRE)–Following a successful crowdfunding campaign that raised $1,127,379 and attracted 920 investors, Joule Case is launching a new $4M round on Wefunder to raise a total of $5M. This round will enable Joule Case to expand into new markets […]

Iteris Sets Fiscal Fourth Quarter and Full Year 2022 Conference Call for Wednesday, June 1, 2022 at 4:30 p.m. ET

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Wednesday, June 1 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended March […]

SYNETIQ Appoints First Sustainability Manager and Celebrates New ISO Accreditation

Company’s ambitious sustainability strategy bolstered by new manager and ISO accreditation DONCASTER, England–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced that its UK-based business unit, SYNETIQ Ltd., has appointed its first Sustainability Manager, Elisa Caton, as it aims to ensure environmental awareness is embedded across all […]

Hyliion Joins World Economic Forum’s Road Freight Zero Coalition to Drive Global Decarbonization

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that it has become a member of the World Economic Forum and will join the Road Freight Zero coalition, an initiative that engages industry leaders around the world to accelerate the global transition to a […]

Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend

THOMASVILLE, N.C.–(BUSINESS WIRE)–$ODFL–Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on June 15, 2022, to shareholders of record at the close of business on June 1, 2022. This dividend represents a 50.0% increase over the […]