Auto & Transportation
Technical design study on conversion launched
GÖTEBORG, Sweden, Feb. 8, 2022 /PRNewswire/ -- Concordia Maritime has launched a technical design study together with Stena Teknik and a German consulting company specialising in ship design. The aim is to investigate the feasibility of converting and adapting a P-MAX vessel for container transpo...
Nippon Express (China) Named to Top 50 Chinese Logistics Companies for 2021
TOKYO, Feb. 8, 2022 /PRNewswire/ -- Nippon Express (China) Co., Ltd., a Nippon Express Holdings, Inc. Group company, became the only Japanese-affiliated firm to be named to the "Top 50 Chinese Logistics Companies for 2021" at the China Logistics Top 50 Digital Transformation Development Forum hos...
Logistics Execs: Global Economy will Power through Supply Chain Turmoil, Agility Survey Reveals
DUBAI, UAE, Feb. 8, 2022 /PRNewswire/ -- Most logistics industry executives see moderate-to-strong economic growth and little or no chance of recession in 2022, even without immediate relief from the snarled supply chains and sky-high ocean and air freight rates triggered by the COVID-19 pandemic...
Frost & Sullivan Experts Highlight Key Trends Shaping the Global Automotive Industry in 2022
Explore shifting consumer priorities, the rise of e-commerce, how digital twin is revolutionizing the automotive life cycle, and more SAN ANTONIO, Feb. 7, 2022 /PRNewswire/ -- 2021 was a challenging year for the automotive industry due to changing consumer attitudes towards mobility and chip sho...
Invitation to teleconference/audio transmission
GÖTEBORG, Sweden, Feb. 7, 2022 /PRNewswire/ -- Concordia Maritime welcomes you to participate in a teleconference/audio transmission onFebruary 10, 2022 at 3.00 pm CET. The session will feature a presentation of the Financial Statement for the full year 2021 and a Q&A session. Presiding: Erik ...
Lightning Motorcycles and CBMM bet on niobium technology to break land speed record
Partnership aims to develop innovative applications in various components SÃO PAULO, Feb. 7, 2022 /PRNewswire/ -- Boost performance and speed. This is the goal that led Lightning Motorcycles, known for being pioneers in the e-mobility industry and electric motorcycles innovators, to team up wit...
L.E.M.O.N. Platform, an Accelerator for the Development of GWM
BAODING, China, Feb. 4, 2022 /PRNewswire/ -- Recently, GWM participated in the Thailand International Motor Expo with its technical achievements on the L.E.M.O.N. Platform to bring a new experience to users around the world. L.E.M.O.N. is a technology platform independently developed by GWM from ...
Hyperion Announces New Hydrogen Fuel Cell Research & Development and Manufacturing Center
Green Hydrogen Company Moving its Headquarters from Southern California to Columbus COLUMBUS, Ohio, Feb. 4, 2022 /PRNewswire/ -- Hyperion Companies, Inc., a green hydrogen technology company announced today that the company is moving its headquarters fromSouthern California to a 65-acre facility...
Woolpert Acquires eTrac Inc., a Vessel-Based Hydrographic Survey Firm Headquartered in California
DAYTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- Woolpert has acquired eTrac Inc., a vessel-based hydrographic survey and marine technology firm that conducts custom and integrated marine services for projects across the U.S. and its territories. These services include collecting and processing hydrogr...
Vessel values written down by SEK 268 million
GÖTEBORG, Sweden, Feb. 3, 2022 /PRNewswire/ -- An impairment loss has been recognised after an overall assessment of the vessels' market value and their value in use. As a consequence of the prolonged tanker market weakness, these values are estimated to have declined. This assessment is also con...
Key information relating to the cash dividend to be paid by MPC Container Ships ASA
OSLO, Norway, Feb. 2, 2022 /PRNewswire/ -- Dividend amount: NOK 3.00 per share Declared currency: NOK Last day including right: 4 February 2022 Ex-date: 7 February 2022 Record date: 8 February 2022 Payment date: 10 February 2022 (on or about) Date of board resolution: 2 February 2022 This i...
MPC Container Ships ASA - Dividend of NOK 3.00 per share
OSLO, Norway, Feb. 2, 2022 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce that its board of directors has resolved to distribute a dividend of NOK 3.00 per share, in total NOK 1.33 billion, based on the Comp...
SAUDI AUTOVILLE CONCLUDES WITH GREAT FANFARE AND FANDOM
RIYADH, Saudi Arabia, Feb. 2, 2022 /PRNewswire/ -- The first-ever Saudi International Festival of Motoring, publicly known as Autoville, has concluded on Friday after one-week of action-packed activities and thrilling events. Held by the Saudi Conventions and Exhibitions General Authority (SCEGA,...
GARDAWORLD LAUNCHES SESAMI: A TECH-ENABLED CASH ECOSYSTEM SOLUTION INTEGRATOR
* Sesami acquires Dallas-based Tidel and Sweden-based Gunnebo Group's cash management business, laying the foundation for its software suite, intelligent device offering and global capabilities * Sesami, which will operate as an independent entity of GardaWorld, brings together industry lead...
J&T Express Sets up Its MENA Regional Headquarters in Saudi Arabia and Signs a MoU on the Largest Smart Logistics Park in the Region
RIYADH, Saudi Arabia, Feb. 2, 2022 /PRNewswire/ - J&T Express, an international express logistics company, today announced at LEAP that it will set up its MENA regional headquarters inRiyadh, the capital city of the Kingdom of Saudi Arabia , and build the largest smart logistics industrial park in...
ODIN AUTOMOTIVE CELEBRATES OFFICIAL START OF PRODUCTION
New leadership begins manufacturing StreetScooter Engineering vehicles DÜREN, Germany, Feb. 1, 2022 /PRNewswire/ -- Odin Automotive S.à r.l., an automotive holding company led by global automotive experts, today announced the official start of production for the first StreetScooter Engineering (S...
Locus listed as a Representative Vendor in The 2021 Gartner® Market Guide for Vehicle Routing and Scheduling and Last-Mile Technologies
SAN FRANCISCO, Jan. 31, 2022 /PRNewswire/ -- Locus, a global B2B SaaS logistics planning and dispatch optimization platform for enterprises in the last-mile delivery space announced its recognition as a Representative Vendor in 2021 Gartner® Market Guide for Vehicle Routing and Scheduling (VRS) a...
Xinhua Silk Road: Fujian Dehua speeds up ceramics brand building with business events and policy kit
BEIJING, Jan. 30, 2022 /PRNewswire/ -- The first Dehua "Master IP+" product
launch and business matching event recently kicked off in theChina ceramics
e-commerce logistics park in Dehua county of eastChina's Fujian Province.
Autoliv: Financial Report October - December 2021
STOCKHOLM, Jan. 28, 2022 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.sdb) Q4 2021: Solid profitability and cash flow Financial highlights Q4 2021 $2,119m net sales 16% organic sales decline* 8.2% operating margin 8.3% adjusted operating margin* $1.31 EPS - a decrease of $0.84 $1.30 adjus...
GWM Strategic Model HAVAL H6 has been Selling Well Globally for Ten Years
BAODING, China, Jan. 28, 2022 /PRNewswire/ -- According to GWM's official data, the global sales of HAVAL H6 reached 370,437 units in 2021, which represents a new milestone for the company sales performance. HAVAL H6 ranked 7th in the list of the world's best-selling SUVs in 2021 released by Foc...
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