Tag: Trucking News

Romeo Power Reports Fourth Quarter and Full Year 2021 Financial Results

New leadership team prepares to accelerate revenue growth in 2022 by leveraging industry leading technology, new state-of-the-art manufacturing facility, and the growing proliferation of electrification across the commercial vehicle spectrum LOS ANGELES–(BUSINESS WIRE)–Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, […]

XL Fleet Announces Fourth Quarter and Full-Year 2021 Financial Results

BOSTON–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leading provider of fleet electrification solutions, today announced fourth quarter and full-year 2021 financial results. Fourth Quarter, Full-Year 2021 and Recent Highlights Generated revenue for fourth quarter of 2021 of $8.0 million, compared to $10.9 million in the prior year Realized gross loss […]

FedEx Corporation Appoints Chris Winton Corporate Vice President, Human Resources

 Winton to succeed Judy Edge, spearheading talent development and workforce strategy MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) today announced Chris Winton as the company’s next corporate vice president, human resources, succeeding Judy Edge. Winton will serve as corporate vice president, human resources – elect until he assumes Edge’s full responsibilities on May 1, 2022. To […]

Transportation Insight & NTG Launch Beon™ Digital Logistics Platform

Platform Gives Shippers and Carriers On-demand Access to Multimodal Logistics Network and Services via Single Connection ​ ​ATLANTA–(BUSINESS WIRE)–#Carrier–Transportation Insight Holding Company (“TI Holding Company” or “the Company”), a leading provider of non-asset, tech-enabled logistics and brokerage solutions in North America, today announced the launch of its Beon™ digital logistics platform. This platform provides shippers […]

Fibre Based Integrations and Cepton Undertake Smart City Projects to Address Traffic Challenges in Cape Town

Lidar-enabled vehicle detection systems provide data-rich traffic analytics through a network of smart intersections SAN JOSE, Calif.–(BUSINESS WIRE)–$CPTN #ADAS–Silicon Valley-based smart lidar solution provider Cepton, Inc. (Nasdaq: CPTN) (“Cepton”) and Fibre Based Integrations, an established fiber optics systems house, are working together to develop lidar-based vehicle detection solutions in Cape Town, South Africa, to enable […]

Global AV Software Company ADASTEC Locates U.S. Headquarters in Ann Arbor

Ann Arbor SPARK and Detroit Regional Partnership Providing Business Development and Talent Assistance to Accelerate Growth ANN ARBOR, Mich.–(BUSINESS WIRE)–ADASTEC has chosen to locate its U.S. headquarters at the SPARK Central Innovation Center as the company looks for a permanent location in the region. ADASTEC chose Ann Arbor because of the incredible amount of mobility […]