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PHOENIX–(BUSINESS WIRE)–Knight-Swift Transportation Holdings Inc. (NYSE:KNX) (the “Company” or “Knight-Swift”) announced today that its board of directors (the “Board”) approved the repurchase of up to $350 million of the Company’s outstanding common stock (the “2022 Knight-Swift Repurchase Plan”). With the adoption of the 2022 Knight-Swift Repurchase Plan, the Company terminated the $250 million repurchase plan […]
LOS ANGELES, Calif.–(BUSINESS WIRE)–Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced its wholly owned subsidiary D&V Electronics has received an order for an electric motor emulator from one of China’s largest automotive companies, a critical component of a Power Hardware-In-the-Loop (p-HIL) test system to validate the performance and design of drivetrain components. Terms were […]
PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it is planning to offer, subject to market conditions and other factors, $2.275 billion in aggregate principal amount of Senior Unsecured Notes due 2030 (the “Notes”). Carvana intends to use the net proceeds from the issuance of the […]
New fast charging station in Hagerstown, MD is the first station funded through Maryland’s Appendix D settlement fund LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the opening of a new EVgo public fast charging station located […]
The omnichannel facility is part of Ryder’s new supply chain offering ‘Ryder E-Commerce by Whiplash’—backed by best-in-class technology and a proven operating platform MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the opening of a third multiclient omnichannel distribution center in Columbus, Ohio, a key […]
A breakthrough for Pony.ai’s commercialization of robotaxi services: for the first time in China, an autonomous driving platform will be offered alongside traditional taxi and ride-hailing platforms, charging taxi fares FREMONT, Calif.–(BUSINESS WIRE)–Pony.ai, the leading global autonomous driving technology company, announced it is the first and only autonomous driving (AD) company to obtain a taxi […]
New innovative technology fleet introduced in California RICHMOND, Va.–(BUSINESS WIRE)–Performance Food Group Company (PFG) (NYSE: PFGC) announced today the introduction of 10 net-zero emission refrigeration trailers to its fleet at the company’s Gilroy, CA distribution center. Through a partnership with Advanced Energy Machines (AEM), the Transport Refrigeration Units (TRUs) are solar-supported electric refrigeration solutions that […]