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SAN FRANCISCO & GLENDALE, Ariz.–(BUSINESS WIRE)–Today, Cruise and Mobilitas Insurance announced a new collaboration that provides commercial insurance coverage for Cruise and its fleet of all-electric, zero-emission self-driving vehicles. This first-of-its kind insurance program, brokered by Marsh, is custom-designed to ensure a superior claims experience for a commercial, autonomous fleet. “Our top priority is to […]
Turning left to cross oncoming traffic on roadways with no traffic signal is a leading cause of crashes WASHINGTON–(BUSINESS WIRE)–#3G—Applied Information, Inc., the leading provider of intelligent transportation infrastructure technology, announced today that the U.S. Patent and Trademark Office has granted the company a patent covering its new technology designed to improve safety when entering […]
RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Pilot Freight Services (Pilot), a portfolio company of ATL Partners (ATL) and British Columbia Investment Management Corporation (BCI), on its pending sale to A.P. Moller – Maersk (Maersk). Pilot is a leading U.S.-based last mile, middle mile, and […]
Compatible with dual fuel engines capable of running on natural gas, while offering increased horsepower and substantially reduced idle time, Allison’s FracTranTM offers a unique combination of versatility, power and efficiency INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified propulsion solutions, is pleased to announce the delivery of the first Allison […]
The disruptions could limit the movement of parts and cars between factories in the United States and Canada if the situation deteriorates.
South Korean-based Myoung Shin to manufacture future FF 81 EVs, Faraday Future’s second vehicle and first mass-market EV Start of Production (“SOP”) expected in 2024, following the launch of FF’s flagship vehicle, FF 91, targeted for Q3 2022 High volume, low-capital model leverages global supply chain advantages LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (“FF”) […]
BONITA SPRINGS, Fla.–(BUSINESS WIRE)–The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on February 23, 2022, with a payment date of March 10, 2022. The Company inaugurated its first quarterly dividend payment of $0.50 per share in the fourth quarter of 2021. “We are […]