Trucking and Road Transportation

Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months

BEIJING, March 14, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured$44.5 million USD in Series C++ financing, led by Zijin Mining. With the completion of Series C and Series C+ financing, EACON has raised a total of$97.3 million USD in equity financing w...

2024-03-14 09:00 1932

Thailand EV Board Approves Tax Incentives for Electric Trucks and Buses Adoption, Cash Grants for Battery Cells Manufacturers, to Reinforce EV Hub Status

BANGKOK, Feb. 21, 2024 /PRNewswire/ -- Thailand's National Electric Vehicle Policy Committee (EV Board), chaired by Prime Minister Srettha Thavisin, today approved incentives to encourage companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEV),...

2024-02-21 16:13 1679

Zoomlion Kicks Off 2024 by Dispatching Equipment Worth Over RMB 1.2 Billion to Global Destinations

CHANGSHA, China, Feb. 21, 2024 /PRNewswire/ -- On February 18th, the ninth day of the first lunar month of the Year of the Dragon, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK) held grand opening activities for 2024 across various parks nationwide, and dispatched a ...

2024-02-21 15:28 4108

New Sinotruk Howo-T7S Set to Win Customers' Trust Through Stability and Reliability

JINAN, China, Jan. 29, 2024 /PRNewswire/ -- Sinotruk, the innovative challenger truck company dedicated to providing top-tier heavy-duty truck solutions, is increasingly earning new recognition inSouth-East Asia. The firm's new Howo-T7S truck

2024-01-29 19:38 1349

Volvo launches new trucks worldwide - future proofing its product portfolio

Volvo Trucks has unveiled an all-new heavy-duty truck platform for the North American market in parallel to a new heavy-duty truck range forEurope, Australia and markets inAsia and Africa. New energy efficient models – including trucks running on electricity and renewable fuels – will reduce CO2 ...

2024-01-29 16:00 1283

USPS Roars Into Lunar New Year With New Stamp

The Dragon Is Considered an Auspicious Sign in the Chinese Zodiac SEATTLE, Jan. 26, 2024 /PRNewswire/ -- Today, the U.S. Postal Service unveiled the Lunar New Year: Year of the Dragon Forever stamp in the historic Chinatown - International District inSeattle. The Postal Service printed 22 millio...

2024-01-26 03:00 1822

ZO Motors and Weichai New Energy Establish Strategic Cooperation, Announcing Global Brand Strategy and Executive Team

* ZO Motors has signed strategic cooperation agreements with Weichai New Energy, initiating comprehensive and in-depth collaboration in fields such as new energy vehicle manufacturing, joint product development, and global sales. * ZO Motors has launched a global brand strategy; its mass-produ...

2024-01-16 19:52 1922

NX East Asia Region Launches New International Ocean Freight Service to Address Japan's "2024 Problem" by Linking Domestic Regional Ports and South Korea's Busan Port

TOKYO, Jan. 5, 2024 /PRNewswire/ -- Nippon Express (China) Co., Ltd., which administers the East Asian region, and Nippon Express Korea Co., Ltd., both group companies of NIPPON EXPRESS HOLDINGS, INC., have launched a new international ocean freight service, "Busan Hub x Japanese Regional Ports,"...

2024-01-05 14:00 2139

APX Accelerates Growth with ADB Ventures Funding, Eyes Singapore and Malaysia for 2024 Launch

BANGKOK, Dec. 26, 2023 /PRNewswire/ -- APX Solutions , a Thailand-based logistics technology (LogTech) startup, today announced it has secured new funding fromADB Ventures to support the launch of its operations inSingapore and Malaysia in 2024. <...

2023-12-26 10:09 3654

Zoomlion Spearheads Construction of the Largest Chinese Antarctic Station in Ross Sea, Showcasing Engineering Excellence in Extreme Conditions

CHANGSHA, China, Dec. 21, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK) has recently joined forces to constructChina's fifth Antarctic research station on Inexpressible Island in Terra Nova Bay, Ross Sea. Utilizing its advanced telescopic boom c...

2023-12-21 20:05 2531

UD TRUCKS SINGAPORE DRIVES HOME TRUCK ROAD SAFETY TIPS FOR ORPHANS

SINGAPORE, Dec. 5, 2023 /PRNewswire/ -- The staff from UD Trucks, in collaboration with the Singapore Zoo, held a year-end event on25 November 2023 that brought many merry and unique experiences for the children of orphanages in Japan, Malaysia, and the Philippines.

2023-12-05 15:34 1194

Geotab, Lytx, Samsara, Solera, and PowerFleet Take the Lead in ABI Research's Commercial Video Telematics Vendor Competitive Ranking

NEW YORK, Nov. 22, 2023 /PRNewswire/ -- The new Competitive Ranking by global technology intelligence firmABI Research provides an in-depth and unbiased examination of nine solution providers of Video Telematics solutions for commercial fleets while at the same time delivering market trends, anal...

2023-11-22 21:30 1600

EACON Mining Technology Secures $55.22M in Funding to Propel Autonomous Haulage Solutions

BEIJING, Nov. 22, 2023 /PRNewswire/ -- EACON Mining Technology, a frontrunner in autonomous haulage solutions (AHS), has successfully closed its C round of equity funding, securing an impressive sum of approximately$55.22 million. Spearheaded by Richen Capital, with significant contributions from...

2023-11-22 08:30 1869

Volvo Trucks delivered 14 Volvo FH to Wattanakol Transports for an Ambitious Cross-Border Project

BANGKOK, Nov. 15, 2023 /PRNewswire/ -- Wattanakol Transports 2001 Co., Ltd., a prominent player inThailand's transportation industry, is making significant strides with the acquisition of 14 units of new Volvo FH trucks, a testament to their unwavering commitment to delivering excellence in cross...

2023-11-15 11:15 1285

22nd UITP Asia-Pacific Annual Meeting in Hong Kong from 1 to 3 November 2023

Regional Event Focuses on "Transforming Asia: Smart Public Transport" HONG KONG, Nov. 2, 2023 /PRNewswire/ -- The 22nd UITP Asia-Pacific Annual Meeting, organised by international public transport association UITP (Union Internationale des Transports Publics) and hosted by the MTR Corporation fro...

2023-11-02 15:05 1600

The World's First Operational Hydrogen Fuel Cell Auto Carriers, GMW-FTXT Stands at The Forefront of The Commercial Hydrogen Fuel Cell Vehicle Market

BAODING, China, Oct. 30, 2023 /PRNewswire/ -- GMW-FTXT, a leading fuel cell company inChina, is set to put 16 hydrogen-powered auto carriers into operation, providing logistics services for enterprises in the country. This fleet will provide integrated vehicle transportation services for Chinese ...

2023-10-30 07:58 1437

Volvo Cars Q3 results: momentum continues while performing and transforming

* Q3 revenue was SEK 92 bn (SEK 79 bn in Q3 2022) * Q3 operating income (excluding JVs and associates) was SEK 6.1 bn (SEK 3.5 bn in Q3 2022) * Q3 operating income was SEK 4.5 bn (SEK 2.1 bn in Q3 2022) * Q3 EBIT margin (excluding JVs and associates) was 6.7 per cent (4.4 per cent in Q3 20...

2023-10-26 14:38 2771

Technology-driven supply chain provider Inteluck announces US$34 Million in Series C Funding

SINGAPORE, Oct. 24, 2023 /PRNewswire/ -- Inteluck , a technology-driven supply chain solution provider inSoutheast Asia, is pleased to announce the successful completion of its Series C funding round, securingUS$34 million in investment. The round was led by Philippi...

2023-10-24 11:00 2385

CyberLogitec begin offering data integration service by SmartLink

SEOUL, South Korea, Oct. 23, 2023 /PRNewswire/ -- CyberLogitec, the leading provider of maritime, port/terminal, and logistics operations technologies and a subsidiary of EUSU Holdings, announced onAugust 12, 2023, that they have commenced offering Data Integration service through SmartLink, i...

2023-10-23 10:00 1622

GMW-FTXT Launches World's First Hydrogen-Powered Wing Van Truck Fleet Cross-Provincial Highway Project in China

BAODING, China, Oct. 20, 2023 /PRNewswire/ -- Recently, the first batch of "hydrogen-powered wing van trucks" deployed by GMW-FTXT has accumulated a total mileage of 64,465 kilometers. The vehicle stability and safety are excellent, with extremely low failure rates. The maximum range reaches 580 ...

2023-10-20 11:11 1771
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