Transportation

Green mobility: Infineon's CoolSiC(TM) power module reduces energy consumption of streetcars by ten percent

MUNICH, Feb. 14, 2022 /PRNewswire/ -- The global trend to gradually eliminate the use of fossil fuels has challenging consequences for numerous industries, including transportation. The transition toward green mobility, for example, entails a reduction in short-haul flights and travel by car, whi...

2022-02-14 17:42 5851

Lear Named One of FORTUNE'S 2022 Most Admired Companies

SOUTHFIELD, Mich., Feb. 14, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has been named to FORTUNE magazine's "World's Most Admired Companies" list for the sixth consecutive year.  Lear was awarded fourth place overall in th...

2022-02-14 09:00 4524

Hyundai Motor Group Takes Top Honors in 2022 J.D. Power U.S. Vehicle Dependability Study

* Owners of vehicles from Hyundai Motor Group nameplates report the fewest problems and frustrations compared to owners of other automotive brands in the U.S. * Kia ranks top brand overall and Genesis ranks top premium brand * Hyundai Motor ranks third overall, improving by four positions SE...

2022-02-11 15:00 3502

Three Major Railway Companies in the Kansai Region Collaborate to Promote an In-depth Travel Experience Along the Railway Lines

OSAKA, Japan, Feb. 11, 2022 /PRNewswire/ -- The Kansai region of Japan has always been a popular travel spot for tourists from overseas. In addition to taking measures towards the pandemic, three railway companies,Keihan Holdings Co., Ltd. ,Kintetsu Railway Co...

2022-02-11 10:00 4592

Budget Direct Insurance Challenges Singapore Motorists: Pay Less or Get up to $188 Even Without Purchasing

SINGAPORE, Feb. 11, 2022 /PRNewswire/ -- The award-winning Singapore insurer is challenging motorists to beat their price on motor insurance. Drivers, currently not insured byBudget Direct , are being invited to get a car insurance quote from them and if they can...

2022-02-11 09:00 4671

KraftPal Technologies Raises US$123.9 million from Pasaca Capital

MARIBOR, Slovenia, Feb. 11, 2022 /PRNewswire/ -- KraftPal Technologies  (KraftPal) announced today a US$123.9 million equity investment from Pasaca Capital Inc. (Pasaca),a California-based private equity firm, which will allow KraftPal significantly to expand the production of itslightweight, eco-...

2022-02-11 07:18 4449

Concordia Maritime: Year-End Report, 1 January-31 December 2021

GÖTEBORG, Sweden, Feb. 10, 2022 /PRNewswire/ --    Earnings affected by impairment * Total income Q4: SEK 151.2 (165.7) million Full year: SEK 704.8 (1,025.8) million * EBITDA Q4: SEK 36.6 (-4.6) million Full year: SEK -82.6 (277.8) million * Result before tax Q4: SEK -308.2 (-86.5) million ...

2022-02-10 20:39 3089

Rising Demand for Connected Cars Set to Propel India's Automotive Human Machine Interface Industry

MUMBAI, India, Feb. 10, 2022 /PRNewswire/ -- Frost & Sullivan's recent analysis of theIndian Human Machine Interface (HMI) Industry finds that consumer demand for comfort, safety, and security in their cars contributes to the Indian HMI market growth. The surge in demand for advanced connected fe...

2022-02-10 20:26 2356

Ecotrade Group Advocates Better Regulations to Fight Catalytic Converter Theft

NEGERI SEMBILAN, Malaysia, Feb. 10, 2022 /PRNewswire/ -- Ecotrade , the leading recycler of catalytic converters in south-eastAsia including Malaysia, would like to see the Malaysian authorities introduce new measures that would deter the theft of catalytic conver...

2022-02-10 16:54 4018

Aker Offshore Wind: Fourth-Quarter Results 2021

OSLO, Norway, Feb. 10, 2022 /PRNewswire/ -- Aker Offshore Wind today published results for the fourth quarter of 2021, which showed the offshore wind developer continuing to mature and expand its portfolio in key markets. "We continue to develop as a company; we just passed one key milestone in ...

2022-02-10 14:39 3612

Nippon Express (China) Collaborates with SIPGL to Launch International Consolidated Transshipment Service in Shanghai

TOKYO, Feb. 10, 2022 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a Nippon Express Holdings, Inc. Group company, has teamed up with SIPG Logistics Co., Ltd. (hereinafter "SIPGL"), an affiliate of Shanghai International Port (Group) Co., Ltd. (hereinafter "SIPG"), to ...

2022-02-10 14:00 3377

ESR acquires 550,000 sqm portfolio in China

SHANGHAI and HONG KONG, Feb. 10, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced that the Group has completed the acquisition of a ...

2022-02-10 10:57 5840

Körber acquires Siemens Logistics' mail and parcel business

HAMBURG, Germany, Feb.10, 2022 /PRNewswire/ -- The international technology group Körber has signed an agreement to acquire Siemens Logistics' global mail and parcel business. Siemens Logistics provides cutting-edge mail and parcel technology and advanced software for leading global logistics pro...

2022-02-10 08:20 2976

USI Awarded S&P Global Bronze Class in Sustainability Yearbook 2022

SHANGHAI, Feb. 10, 2022 /PRNewswire/ -- USI (SSE: 601231) is pleased to announce the recognition as a S&P Global Bronze Class company in our first invited participation of the S&P Global ESG Index Corporate Sustainability Assessment (CSA). The Sustainability Yearbook 2022 is based on the 2021 CSA...

2022-02-10 07:00 5787

Quanergy Systems Announces Closing of Business Combination

SUNNYVALE, Calif., Feb. 9, 2022 /PRNewswire/ -- Quanergy Systems, Inc. (the "Company"), a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, announced that its previously announced business combination with CITIC Capital Acquisition Corp. ("CCAC...

2022-02-09 21:47 6781

Cognizant selected by Volvo Cars for Finance & Accounting and Procurement Business Process Services

TEANECK, N.J., Feb. 9, 2022 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today that it has renewed its contract agreement with Volvo Cars to provide finance and accounting (F&A), and procurement services. The agreement covers the car maker's global accounts payable and accounts receivable, ...

2022-02-09 16:00 7453

GoComet raises $7 Million Series A funding

SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- GoComet, a vertical SaaS platform providing multi-modal logistics solutions to SMEs and global conglomerates, today announced it has closed$7 Million in Series A financing led by Rider Global and Atlas Ventures. GoComet is an easy-to-use, intuitive multi-m...

2022-02-09 10:00 4565

Casio to Release Limited Edition EDIFICE in Nissan & NISMO Team Colors

TOKYO, Feb. 9, 2022 /PRNewswire/ -- Casio Computer Co., Ltd. announced today the newest addition to the EDIFICE line of high-performance metal watches based on the concept of Speed and Intelligence. The EDIFICE NISMO Limited Edition EQS-930NIS is a special limited edition model created with NISMO...

2022-02-09 09:00 7393

Tradewind Closes USD 1.3 Million Export Factoring Facility for Peanut Trading Company Based in Hong Kong

HONG KONG, Feb. 8, 2022 /PRNewswire/ -- Tradewind Finance is pleased to announce it has closed aUSD 1.3 million export factoring facility for a peanut trading company based inHong Kong. The trader, enjoying robust global customer relat...

2022-02-09 08:42 3770

project44 Announces Expansion in Japan

project44 hires general manager, director of solutions engineering and regional marketing director, opens new office inTokyo CHICAGO and TOKYO, Feb. 9, 2022 /PRNewswire/ -- Following the announcement of a$420M investment earlier this year, project44 is proud to announce its expansion into the Ja...

2022-02-09 08:00 3199
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