Tag: Trucking News

ComEd, Metro Mayors Caucus Launch Program to Prepare Communities for Growing Demand for Electric Vehicles

EV Readiness Program will help communities prepare for EV implementation, compete for state & federal funding CHICAGO–(BUSINESS WIRE)–ComEd today joined the Metropolitan Mayors Caucus (Caucus) to announce a new initiative to help communities across northern Illinois prepare to meet growing demand for electric vehicle (EV) charging infrastructure. Fueled by a $225,000 commitment from ComEd, the […]

Sila Establishes New Auto-Scale Factory in Washington State to Manufacture Next-Gen Anode Materials

Investment to propel America’s innovation and manufacturing leadership forward as the world transitions to the new energy storage era. ALAMEDA, Calif.–(BUSINESS WIRE)–In a commitment to ensure America retains global leadership in the world’s transition to the new energy storage era, Sila, a next-generation battery materials company, today announced the purchase of a facility with more […]

Expeditors Reports First Quarter 2022 EPS of $2.05

SEATTLE–(BUSINESS WIRE)–Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced first quarter 2022 financial results including the following highlights compared to the same quarter of 2021: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 23% to $2.05 Net Earnings Attributable to Shareholders increased 21% to $346 million Operating Income increased 20% to $462 million […]

Carvana Brings Largest, Most Affordable Selection Of Vehicles In U.S. To Flagstaff

Carvana Offers As-Soon-As-Next-Day Delivery To Fifth Market In The Grand Canyon State FLAGSTAFF, Ariz.–(BUSINESS WIRE)–Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, is now offering as-soon-as-next-day touchless home delivery to Flagstaff area residents. Customers can shop through thousands of the most affordable vehicles in the country with 70,000 used cars […]

Cleveland-Cliffs Inc. Celebrates 175 Years Milestone

The Company to Ring the NYSE Stock Market Closing Bell Today CLEVELAND–(BUSINESS WIRE)–Cleveland-Cliffs Inc. (NYSE: CLF) will ring The Closing Bell at the New York Stock Exchange today, May 3, 2022. Lourenco Goncalves, Cleveland-Cliffs’ Chairman, President and Chief Executive Officer, members of the company’s board of directors and executive management team will participate in the […]

Wind River Studio Enabling Hyundai Mobis and Hyundai AutoEver to Accelerate Development of Next-Gen Intelligent and Connected Vehicles

ALAMEDA, Calif.–(BUSINESS WIRE)–#ai—Wind River®, a global leader in delivering software for mission-critical intelligent systems, today announced that Hyundai Mobis, one of the world’s largest vehicle technology innovators and suppliers, and Hyundai AutoEver has signed an agreement to establish a strategic relationship that includes collaboration with Wind River Studio for the development of an automotive software […]