Tag: Trucking News

J.B. Hunt Recognized as a 2022 Best Employer for Diversity by Forbes

LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, was recently named a 2022 Best Employer for Diversity by Forbes, marking the second consecutive year the company has received the distinction. “Building and promoting an inclusive workplace is critical to our organization because it […]

Pony.ai to Launch Fleet of Robotaxis with Ontime, GAC’s ride-hailing app, in Guangzhou in 2022

GAC is one of China’s largest automakers and a longtime Pony.ai partner Introduces Pony.ai’s partnership approach to commercializing robotaxis and strengthens Pony.ai’s significant leadership in the Guangzhou region FREMONT, Calif.–(BUSINESS WIRE)–Pony.ai, the leading global autonomous driving technology company, today announced a deeper partnership with Ontime, GAC’s ride-hailing app. As part of the partnership, Pony.ai will […]

Carvana Co. Announces Upsize and Pricing of Senior Unsecured Notes Offering

PHOENIX–(BUSINESS WIRE)–Carvana Co. – (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it has priced the private placement of $3.275 billion in aggregate principal amount of its 10.2500% Senior Unsecured Notes due 2030 (the “Notes”). The Notes will be issued under an indenture to be entered into upon the […]

Simon-Kucher’s Inflation Pricing Study Reveals That Businesses – Particularly Those in the Industrials Industry – Face Increased Risk From Rising Inflation

Despite significant cost increases, many businesses are avoiding raising prices in anticipation of high-volume losses BOSTON–(BUSINESS WIRE)–With inflation at levels not seen for decades in many markets, businesses are facing significant margin erosion. A recent Inflation Pricing Study* by global consultancy Simon-Kucher & Partners surveyed more than 3,000 businesses across 20 countries (524 in the […]

Flux Power Host Third Quarter 2022 Results Conference Call on Thursday, May 12, 2022 at 4:30 p.m. Eastern Time

VISTA, Calif.–(BUSINESS WIRE)–Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, May 12, 2022 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2022. A press release detailing […]

Pony.ai Approved for Public Driverless Robotaxi Service in Beijing

Public can experience driverless robotaxi for first time in Beijing A milestone on path to large-scale commercial driverless robotaxi FREMONT, Calif.–(BUSINESS WIRE)–Pony.ai, the leading global autonomous driving technology company, today announced that the general public in Beijing, China, will be able to experience driverless robotaxis for the first time. Pony.ai was one of two robotaxi […]