Auto & Transportation
XCMG Creates Strong Partnership with Tsingshan Group to Build New Energy Base for NEV R&D and Production
XUZHOU, China, Feb. 19, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) is joining hands with Tsingshan Holding Group, the world's biggest stainless steel producer with a focus on new energy, to invest5.5 billion yuan (US$852.85 million) in establishing the XCMG ...
Nippon Express Earns Highest Rating in CDP's Supplier Engagement Rating
TOKYO, Feb. 19, 2021 /PRNewswire/ -- Nippon Express Co., Ltd. has earned the highest rating of "A" in the Supplier Engagement Rating released by CDP, an international NGO engaged in researching and disclosing environmental information on companies and cities. Logo: https://kyodonewsprwire.jp/img...
Delta Air Lines Taps IBM for Cloud Expertise and Red Hat Hybrid Cloud Platform
ARMONK, N.Y., Feb. 18, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and Delta Air Lines (NYSE: DAL) announced a multi-year agreement under which IBM will help lead Delta to the public cloud, in order to increase its agility, speed to market and innovation capabilities around digital transformation. As p...
Concordia Maritime expects a stronger tanker market from summer onwards
GÖTEBORG, Sweden, Feb. 18, 2021 /PRNewswire/ -- We are now in the middle of the first quarter of 2021 and the tanker market remains very weak. We are not expecting any significant change during this quarter - but, as we wrote in the 2020 year-end report, we believe that there will be a gradual st...
LogiNext, a global logistics tech company, partners with AmRest, one of the largest franchise operators of KFC, Pizza Hut, Burger King and Starbucks on last mile deliveries
NEW YORK and LONDON, Feb. 18, 2021 /PRNewswire/ -- LogiNext, a global technology company on a mission to optimize and automate the world of B2B logistics and home deliveries today announced a partnership withAmRest Holdings, the leading European multi-brand franchise restaurant operator headquar...
Hyundai Motor Company Signs MOU for EV Battery Lease to Foster EV Ecosystem and Sustainable Battery Reuse
* Hyundai signs MOU with South Korea's Ministry of Trade, Industry and Energy as well as Hyundai Glovis, LG Energy Solution and KST Mobility * Under MOU, all involved parties will explore a new innovative business model combining electric vehicle (EV) purchase with battery lease and battery r...
Seeing Machines and ams Partner to Develop Optimized VCSEL Illumination for Cabin Interior Monitoring Systems
CANBERRA, Australia, Feb. 18, 2021 /PRNewswire/ -- Seeing Machines, the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces results of an ongoing partnership with ams, a leading worldwide supplier of high-performan...
Isavia ANS Announces Successful Deployment of Aireon's Space-Based ADS-B System in Busy North Atlantic Corridor
REYKJAVÍK, Iceland and MCLEAN, Va., Feb. 17, 2021 /PRNewswire/ -- Isavia ANS, Iceland's Air Navigation Service Provider (ANSP), announced today that it has successfully implemented Aireon's space-based Automatic Dependent Surveillance-Broadcast (ADS-B) system in their 5.4 million square kilometer...
More firms embrace Chinese market opportunities at CIIE
SHANGHAI, Feb. 17, 2021 /PRNewswire/ -- China's cosmetics retail sales reached 292.2 billion yuan ($45.39 billion) in 2019, a growth of 12.6 percent compared to 2018.China has become the world's second largest cosmetics consumer market, according to recent data released by National Bureau of Stat...
SKF: Notice of Annual General Meeting
GÖTEBORG, Sweden, Feb. 17, 2021 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF, reg. no. 556007-3495, will be held on Thursday,25 March 2021. Due to the contagious Covid-19 and the authorities' regulations/guidance on avoiding gatherings of people, th...
William L. Kozyra To Retire As President & CEO Of TI Fluid Systems, As Hans Dieltjens, Executive Vice President Prepares For Succession
AUBURN HILLS, Mich., Feb. 17, 2021 /PRNewswire/ -- TI Fluid Systems (LSE:TIFS), announces today thatWilliam L. Kozyra will retire as President and Chief Executive Officer and step down from the Board of Directors in the fourth quarter of this year, following an orderly transition to his successor...
Autoliv Announces New Inflator Manufacturing Plant in India
BANGALORE, India, Feb. 16, 2021 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant inIndia, focused toward supporting its strong Indian market position. This is the latest de...
Agero Lauded by Frost & Sullivan for Alleviating the Stress of Roadside Events with Its Advanced Dispatch and Management Technology
New digital platform optimizes customer experience, streamlines service provider selection and delivers greater reporting transparency SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- Based on its recent analysis of the global digitalized roadside driver assistance market, Frost & Sullivan rec...
Lacak.io Enhances Enterprises' Safety with IoT Tracking Solutions
JAKARTA, Indonesia, Feb. 16, 2020 /PRNewswire/ -- Indonesia-based Lacak.io
Club Moolia offers an abundance of unique experiences for a highly exclusive community in a charming location in Perth
PERTH, Australia, Feb. 16, 2021 /PRNewswire/ -- Set to light up Western Australia in 2022, Asia-Pacific's first automotive country club will be launched under the Club Moolia brand. Comprising 1,200 hectares, theA$100 million country club has attracted race enthusiasts, celebrities, and high net ...
NEXPORT announces exclusive distribution and collaboration agreement for BYD Electric Vehicles in Asia Pacific
SYDNEY, Feb. 16, 2021 /PRNewswire/ -- Nexport Pty Ltd has successfully negotiated a long-term exclusive agreement for the distribution of BYDright- hand drive electric vehicles. BYD Auto Industry Limited is the largest selling electric car company inChina with sales in 2020 in excess of 415,000 ca...
Altair Enlighten Award Expanded to Honor Advancements in Sustainability
Now accepting submissions for 9th annual international award showcasing innovation in automotive lightweighting and sustainability TROY, Mich., Feb. 15, 2021 /PRNewswire/ -- Altair, (Nasdaq: ALTR) a global technology company providing software and cloud solutions in the areas of simulation, high...
Futurise Inks Memorandum of Understanding (MOU) with Korea Development Institute (KDI) to Collaborate towards Knowledge Sharing and Co-research Activities
KUALA LUMPUR, Malaysia, Feb. 15, 2021 /PRNewswire/ -- Futurise Sdn Bhd (Futurise) today announced the cooperation and collaborative efforts with Korea Development Institute (KDI) towards promoting knowledge sharing and to pursue co-research activities on key areas of common interests. The collabo...
Hyundai Reveals IONIQ 5's Living Space and Sustainable Interior Ahead of Virtual World Premiere
* Interior images released ahead of virtual world premiere event slated for Feb. 23 * Vehicle interior furnished with sustainable materials and textiles such as eco-processed leather, bio paint as well as natural and recycled fibers * Dedicated BEV platform allows long wheelbase and flat flo...
ZIM and Seaspan Announce Strategic Chartering Agreement for LNG-Fueled Vessels
HAIFA, Israel and LONDON, Feb. 13, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM"), and Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), announced today a strategic agreement for the long-term charter of ten 15,000 TEU liquefied ...
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