Trucking and Road Transportation
KPS Capital Partners To Acquire AM General LLC
NEW YORK, July 22, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire AM General LLC ("AM General" or the "Company") from an affiliate of MacAndrews & Forbes Incorporated. Financial terms of...
GardaWorld Acquires Leading Integrated Security Risk Management Firm WorldAware
Combined with Crisis24, this acquisition marks the creation of a true global leader in the industry. MONTREAL, July 13, 2020 /PRNewswire/ -- GardaWorld Security Corporation (the "Company" or "GardaWorld") is pleased to announce its acquisition of WorldAware, a leading security risk management fi...
Quantron AG Implements Fuel Cell Trucks in Europe
The Energon is the first in Quantron's upcoming fuel cell product range. Production is scheduled to start in mid-2022. AUGSBURG, Germany, June 17, 2020 /PRNewswire/ -- Quantron AG active in the field of hydrogen since its foundation Quantron AG has been working on hydrogen propulsion for commerc...
Rhenus Delivers Over 200 Million Essential Medical Supplies to Support COVID-19 Relief Efforts in Asia and Europe
SINGAPORE, June 16, 2020 /PRNewswire/ -- The Rhenus Group taps on its extensive and robust supply chain network to support COVID-19 relief efforts across borders. Logistics teams inAsia work seamlessly together to help customers deliver essential medical supplies, despite supply chain challen...
UK Digital Freight Forwarder Beacon Closes $15 million Series A fundraise, With investment From Jeff Bezos
Highlights: - $15 million raised in Series A fundraise - Investors include Amazon founder and CEO Jeff Bezos and leading US venture capital firm 8VC - Beacon customers benefit from optimised shipping routes and processes that reduce costs, while increasing booking speed and transport efficienc...
Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation
STOCKHOLM, May 29, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic. * April virtually at a standstill in Eur...
VisIC Partners With ZF for Next Generation EV Inverters
- Joint R&D effort to develop an EV inverter based on gallium nitride (GaN) semiconductor technology - VisIC's D3GaN technology, with lowest losses per Rdson combined with ZF's highly efficient EV driveline systems extend the range of electric cars and reduce its system cost NES ZIONA, Israel a...
Kickstart Automated Supply Chain With Locus QuickStart for SMEs and Startups
SAN FRANCISCO, April 28, 2020 /PRNewswire/ -- Startups and SMEs are in a precarious situation now more than ever. Companies are struggling to manage volatile demand, fleet and resource efficiency, and rising costs due to the COVID-19 pandemic. Locus, a global B2B SaaS company that automates human...
Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...
ShipStation Bolsters Australian Shipping Options With CouriersPlease Integration
New features give Australia-based retailers a technological edge in last-mile delivery SYDNEY, April 22, 2020 /PRNewswire/ -- ShipStation, the world's leading web-based e-commerce shipping solution, today announced the launch of its partnership with CouriersPlease,Australia's leading franchised ...
COVID-19 Pandemic Impact: Freight Activity Falls After Historic Rise with Disruption Ahead - Double Digit Impact Expected in Q2
ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on Freight Transportation and Logistics OYSTER BAY, New York, April 21, 2020 /PRNewswire/ -- It is no surprise that the COVID-19 outbreak has led to panic buying of items such as toilet paper and san...
Axis and UITP surveys show public transport is getting smarter and safer
HONG KONG, April 15, 2020 /PRNewswire/ -- Axis Communications have partnered with UITP (The International Association of Public Transport) to carry out surveys on usage of video surveillance in public transport. It is found that with increased digitalization, public transport is getting smarter a...
Planning for the Unexpected: SSI Schaefer and Partners Grow Cold-chain Capacity in South-East Asia's F&B Industry, adding 145 Million kg in Capacity in Two Years
SINGAPORE, April 10, 2020 /PRNewswire/ -- SSI Schaefer, the global leader of warehouse and logistics solutions in cooperation with ORCA, a pioneering cold-chain solutions provider, announced the opening ofthe Philippines first world-class chain storage system. The Taguig facility significantly in...
Quantron AG Becomes Importer of CATL in Europe
AUGSBURG, Germany, April 7, 2020 /PRNewswire/ -- The trend towards electric vehicles is steadily growing. The Augsburg-based company and CATL (Contemporary Amperex Technology Co. Limited) concluded a comprehensive trade and service agreement: Quantron is from now on an authorized distributor and ...
Another China-made Bridge Accessible in Norway
CHENGDU, China, April 3, 2020 /PRNewswire/ -- On April 2 local time, the Norwegian Beitstad Bridge was officially opened to traffic. Beitstad Bridge over the Beitstad strait of the municipality of Steinkjer, Trondelag county in centralNorway, was constructed by Sichuan Road and Bridge Group (SRBG...
Invitation to Autoliv's Q1 2020 Earnings Call
STOCKHOLM, April 3, 2020 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the first quarter 2020 onFriday, April 24, at 12:00 CEST ( 11:00 am BST, 06:00 am EDT). The report will be available at http://www.autoliv.com/ In addition, a teleconference will take place the same d...
Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc.(NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity. The parties have agreed in principl...
GEODIS Establishes an Air Bridge From China to Transport Millions of Masks
LEVALLOIS-PERRET, France, March 31, 2020 /PRNewswire/ -- GEODIS has been commissioned by the French Government to organize the emergency supply of millions of masks fromChina to France. In order to respond to requests from the national authorities, GEODIS is planning 16 flights over the coming w...
Nippon Express Receives GDP Certification for Temperature-controlled Facility in Narita Area
TOKYO, March 26, 2020 /PRNewswire/ -- Nippon Express Co., Ltd., has received Good Distribution Practice (GDP) certification indicating compliance with industry-accepted standards for the proper distribution of pharmaceutical products for its in-transit air cargo storage services at the Narita Te...
Notice to the Annual General Meeting of Concordia Maritime AB (publ)
GOTHENBURG, Sweden, March 20, 2020 /PRNewswire/ -- The shareholders of Concordia Maritime AB (publ), 556068-5819, are hereby invited to attend the Annual General Meeting to be held on Wednesday,29 April 2020, at 1 p.m., at Elite Park Avenue, inGothenburg. Entrance to the venue opens at 12:15 p.m...
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