Tag: Trucking News

Rideshare EARTH Poised for Accelerated Growth, Building on Market Expansion With 39% Increase in Riders and 25% Increase in Contract Drivers in 2021

Electric Vehicle Platform Provided Eco-Friendly Rides for 115,000 Riders and Gained 45,000 New Users in First Year of Operation NASHVILLE, Tenn.–(BUSINESS WIRE)–#cleanairmatters–EARTH, an innovative rideshare service exclusively powered by electric vehicles (EVs), today announced the company has achieved a 39% increase in riders choosing the service and a 25% expansion of its pool of drivers […]

PGT Trucking, NVI Institute Blairsville Join in Partnership to Train Diesel Technicians

BLAIRSVILLE, Pa.–(BUSINESS WIRE)–#NVI–PGT Trucking Inc., and New Village Institute Blairsville have partnered to help students launch rewarding careers as diesel technicians. NVI Blairsville, the newest and largest dedicated diesel and auto technician training campus in the nation, launched innovative six-month technician programs on Jan. 3, 2022. The programs are licensed by the Pennsylvania State Board […]

Phantom Auto Receives $42M Investment, Large Orders from ArcBest and NFI

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Phantom Auto, the leading provider of remote operation software for logistics vehicles, today announced a strategic investment of $42M led by ArcBest (Nasdaq: ARCB), a multi-billion dollar freight and logistics service provider, and NFI, one of the largest third-party logistics providers in North America. ArcBest and NFI executed commercial agreements to […]

Flux Power Appoints Cheemin Bo-Linn to its Board of Directors

25-Year Global Technology Veteran’s Appointment to Advance Commercial Rollout of Flux Power’s Sustainable Lithium-Ion Energy Storage Solutions for Fortune 500 Fleets VISTA, Calif.–(BUSINESS WIRE)–Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion battery packs for electrification of commercial and industrial equipment, today announced the appointment of Cheemin Bo-Linn, a global technology industry veteran, […]

SES Announces Signing of “A-sample” Joint Development Agreement with Honda, the Largest Investor in the SES-Ivanhoe Capital PIPE Financing

Honda joins General Motors and Hyundai Motor Company as the third major global car manufacturer to enter into an “A-sample” joint development agreement with SES. Honda previously agreed to be the largest single investor in the $275 million PIPE financing in connection with the pending SES-Ivanhoe business combination. Honda is joining industry leaders General Motors, […]

IonQ and Hyundai Motor Partner to Use Quantum Computing to Advance Effectiveness of Next-gen Batteries

Partnership will create largest battery chemistry model yet to be run on a quantum computer, simulating structure and energy of lithium oxide Project lays the groundwork to improve performance, cost and safety of lithium batteries COLLEGE PARK, Md. & SEOUL, South Korea–(BUSINESS WIRE)–IonQ (NYSE: IONQ), a leader in trapped-ion quantum computing, and Hyundai Motor Company […]