Tag: Trucking News

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 […]

Gatik to Expand Operations to Kansas Following Enactment of New Legislation Enabling Autonomous Vehicle Deployment

The signing of Senate Bill 313 into law by Governor Laura Kelly permits autonomous vehicles to operate in the state of Kansas for the first time MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Gatik, the market leader in autonomous middle mile logistics, today announced that it will be expanding operations to Kansas following the signing of Senate Bill 313 […]

Eaton Introduces DC-DC Converters for 48-Volt Commercial Vehicle Architectures

SOUTHFIELD, Mich.–(BUSINESS WIRE)–#commercialvehicles–Power management company Eaton today introduced a family of 48-volt DC-DC converters for diesel-powered commercial vehicles that can be used to power accessories such as antilock brakes and lighting. Unlike competitive offerings, Eaton’s DC-DC converters are operational in ambient temperatures up to 85 degrees Celsius and boast 97% design efficiency. “DC-DC converters are […]