Trucking and Road Transportation
FORU Trucking and Trunk Establish a Joint Venture Company to Accelerate the Commercial Implementation of Autonomous Driving Trucks
BEIJING, Aug. 13, 2020 /PRNewswire/ -- On August 4, FORU Trucking, a technology logistics company, and Trunk, a service provider of autonomous driving technology for trucks, together announced the establishment of a joint venture and held a signing ceremony. The two parties adhere to the princip...
SIRVA Expands Global Removal Services in Europe
OAKBROOK TERRACE, Illinois, Aug. 12, 2020 /PRNewswire/ -- SIRVA Inc., a leading global relocation and moving company, today announced that it has plans to expand its moving operations across Continental Europe. This expansion will further strengthen SIRVA's existing global network across Europe ...
7PSolutions, Leader in Logistics Security and Risk Management Partners with Mexico's Leading Security and Tracking Expert
New strategic alliance improves logistics risk management and helps protect high value supply chain goods inMexico and around the world. NASHVILLE, Indiana and MEXICO CITY, Aug. 11, 2020 /PRNewswire/ -- Orbit Keeper joins 7PSolutions (7P) to deliver a single solution security and logistics pro...
Veoneer completes divestiture of US brake control business
STOCKHOLM, Aug. 11, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has completed the divestiture of its US brake control business to ZF Friedrichshafen AG. The parties will collaborate on a transition plan for a limited period as part of the d...
Autoliv Appoints Laurie Brlas to its Board of Directors
STOCKHOLM, Aug. 3, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces that it has added a new independent member to its Board of Directors effective today. On August 1, 2020, Autoliv announced that its Board of Directors has...
CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe
NINGDE, China, July 31, 2020 /PRNewswire/ -- Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Trailer Dynamics GmbH (Trailer Dynamics) have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, ...
Cleantech Firm FuelActive Primed For Growth After Securing Investments, Technology Grant Funding and Leadership Changes
TAFF'S WELL, Wales, July 23, 2020 /PRNewswire/ -- FuelActive, renowned for its innovative technology solutions for diesel engines announces new investment from the Development Bank ofWales and private equity funds from Adjuvo; grant funding from Innovate UK to support technology development; and ...
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...
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 ...
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