Tag: Trucking News

Motorcar Parts of America Reports Fiscal 2022 Third Quarter Results

Record net sales up 32 percent for the quarter and 31 percent for nine months LOS ANGELES–(BUSINESS WIRE)–Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2022 third quarter ended December 31, 2021. Fiscal Third Quarter Highlights Record net sales of $161.8 million versus $122.6 million a year earlier, reflecting strong […]

Leaf Logistics Achieves 10x Year-Over-Year Growth and Raises $37M Series B to Accelerate its Mission to Build a Resilient Transportation Industry

Trucking logistics platform built on $23B of transportation data delivers forward-looking view to navigate supply chain uncertainty NEW YORK–(BUSINESS WIRE)–Leaf Logistics, a machine learning-based transportation platform that connects shippers, carriers, and other logistics partners, today announced that it has raised $37M in Series B funding. The round was led by Sozo Ventures, with participation from […]

Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins’ […]

ATL Partners and BCI Announce Sale of Pilot Freight Services for $1.7 Billion

NEW YORK–(BUSINESS WIRE)–ATL Partners (“ATL”) and British Columbia Investment Management Corporation (“BCI”) announced today that they have entered into a definitive agreement to sell Pilot Freight Services (“Pilot”), a leading global provider of end-to-end and last mile solutions specializing in big and bulky B2C and B2B freight, to A.P. Moller – Maersk (“Maersk”) for approximately […]

Garmin supports driver health and daily convenience on the road with the Instinct 2 – dēzl Edition smartwatch, designed for professional truck drivers

Conveniently take your wellness over the long-haul with 24/7 health tracking, daily break timers and accessible truck plaza rewards programs with a flick of the wrist OLATHE, Kan.–(BUSINESS WIRE)–Garmin® International Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced the rugged Instinct® 2 – dēzl™ Edition, a smartwatch created for professional truck drivers seeking […]

Piedmont Lithium Reports Results of Annual Meeting of Shareholders

BELMONT, N.C.–(BUSINESS WIRE)–Piedmont Lithium Inc. (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, is pleased to announce the results of its annual meeting of shareholders held virtually on February 3, 2022 (the “Meeting“), at which the shareholders approved all […]

Clean Energy and Enbridge Partner to Make CNG Available to UPS Canada Fleet Vehicles in Ontario

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–$CLNE–Clean Energy Fuels Corp. (NASDAQ: CLNE), along with its industry partner Union Energy Solutions Limited Partnership, an unregulated affiliate of Enbridge Gas Inc. – an Enbridge Company, announced it has signed an agreement to fuel United Parcel Service (UPS) Canada delivery fleet vehicles with compressed natural gas (CNG) at its London, Ontario […]