Fleet Financing

Hinkley Point C nuclear power station could help households save £1billion a year on energy bills, EDF says

French energy giant EDF says its Somerset nuclear power station could save UK consumers more than £1billion on energy bills this year alone if it was already operational. The company, which is building Hinkley Point C near Bridgwater, has spoken out following comments from the Business Secretary on Friday (May 13) about the cost of […]

Fleet Financing

Pininfarina launches its very first NFT collection dedicated to the Modulo Concept car

Listen to this article Reading time: 2 minutes Italian Pininfarina launches its first NFT collection focusing on one of the most iconic and futuristic automotive designs of all time – the Pininfarina Modulo concept car. Pininfarina Modulo NFTs, in collaboration with 1of1, the luxury NFT specialists. and the musician, Sasha Sirotawill be offered as a […]

Fleet Financing

Nigerian Hello Tractor Raises $1 Million from Heifer International for PAYG Tractor Funding Project

Nigerian tractor booking platform Hello Tractor has raised US$1 million from Heifer International to provide loans for the purchase of tractors that can be repaid from revenue generated from leasing them to local farmers. Hello tractor deployed a tracking device and software that allows farmers and tractor owners to book connected tractors from their phones. […]

Fleet Financing

Four climate change bills win final passage in CT legislature

With Friday’s final passage of a “Connecticut Clean Air Act,” the House bowed to a productive session to fight climate change and clean energy, a comeback for environmentalists after years of failure. and frustration. The victories come from a confluence of events, including automakers setting a timeline for all-electric product lines and a Biden administration […]

Fleet Financing

With the acquisition of Charge Theory, Mobility House adds Bryan Thomas to its team

The Mobility House has added Bryan Thomas to the company’s team through the acquisition of Charge Theory, a provider of managed electric fleet charging services at a guaranteed price per mile. Combining The Mobility House’s worldwide smart charging experience and Charge Theory’s Charging as a Service (CaaS) model creates a complete turnkey charging solution for […]

Fleet Financing

Growing LNG Bunker Market Popularity and Emerging Trends to 2030 – themobility.club

the global LNG bunkering market was rated at 3.77 billion USD in 2020 for $5.14 billion by 2027, at a CAGR of 45.2% from 2021 to 2027. LNG is an attractive alternative fuel for seagoing and inland vessels, as liquefied natural gas emits fewer polluting substances. According to the IMO emission requirements, LNG is a […]

Fleet Financing

SOBR Safe, Inc. (SOBR) Announces April 28 IPO

SOBR Safe, Inc. (SOBR) plans to raise $12 million in an initial public offering on Thursday, April 28, IPO Scoop reports. The company will issue 2,700,000 shares at a price of $4.00 to $5.00 per share. The company has a market capitalization of $47.1 million. Alexander Capital, LP served as underwriter for the IPO and […]

Fleet Financing

Polish subsidies make electric vehicles a cheaper alternative | Business | Economic and financial news from a German perspective | DW

More than 40,000 electric vehicles (EVs) have been registered in Poland since the start of the year, up 70% compared to the same period of 2021. Of this figure, sales of electric cars have increased by 140% and hybrids by 100%, according to the SAMAR Automotive Market Research Institute. This is largely thanks to the […]

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Teekay Tankers: Crude tanker spot rates are improving (NYSE: TNK)

TkKurikawa/iStock Editorial via Getty Images Introduction Teekay Tankers Ltd., based in Bermuda (NYSE: TNK) released its fourth quarter 2021 results on February 24, 2022. 1 – Overview of 4Q21 and full-year 2021 results The company reported a quarterly adjusted loss of $0.74 per share compared to a loss of $1.21 per share a year ago. […]

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Andhra Pradesh sees vehicle growth over 100% in 7 years, Auto News, ET Auto

This change has placed a significant strain on the transportation network and infrastructure, leading to traffic congestion and vehicle emissions, especially in urban areas of the state. Visakhapatnam: Andhra Pradesh had a register of 70 lakh motor vehicles in March 2014. This number increased to 1.46 crore vehicles in December 2021, translating to vehicle growth […]

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Belships: Annual Report 2021

Annual report 2021 Content 4 Belships ASA – Group Figures 5 Operational structure 6 Lighthouse Navigation – Commercial Operations 7 Belships Management – Ship Management 10 Sustainability at Belships 16 Annual Report 2021 20 Directors’ liability statement 21 Fleet list CONSOLIDATED FINANCIAL STATEMENTS 24 Consolidated income statement 25 Consolidated statement of financial position 26 Consolidated […]

Fleet Financing

3 electric vehicle charging stocks to watch in the stock market today

Top 3 electric vehicle charging stocks to watch in April 2022 Electric vehicle (EV) charging stocks have grown in popularity among stock market investors in recent years. As the adoption of electric vehicles continues to grow across the world, the demand for electric vehicle charging infrastructure would keep pace. The growth of the industry is […]

Fleet Financing

Tesla Subscription Service Launched in San Diego – Green Fleet

Autonomy also operates in Los Angeles and San Francisco. Scott Painter, CEO and founder of the company, also founded Fair Inc., an automotive advanced technology company. Painter also founded and served as CEO of TrueCar Inc. Photo: Autonomy Electric vehicle subscription company Autonomy is continuing its expansion into the state of California, […]

Fleet Financing

The city plans to increase the garbage collection rate; discharge study approved

City staff are proposing a fee increase for garbage collection services and the city commission will hold a public hearing on the proposal at its April 19 meeting. Paul Skubinna, the director of public works, briefed commissioners on the costs, needs and operations of the remediation program and the proposed fee increase at their April […]

Fleet Financing

Star Navigation announces order from Swiss Aviation Group AG

Brampton, Ontario–(Newsfile Corp. – April 5, 2022) – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA) (“Star” or the “Company”) is pleased to announce that it has received a purchase order for its Star ADS ® system from Swiss Aviation Group AG (“SAG”) ). The purchase order consists of nine (9) Star ADS ® […]

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Transpo Notes: Feds Boost ST3, Water Taxi Adds Evening Rides, Tacoma Streetcar Gets New Vehicle

A Link train in downtown Seattle. (Credit: Stephen Fesler) This week’s Transpo Notes roundup covers recommended federal funding that could accelerate Sound Transit 3 (ST3) projects, King County Water Taxi’s summer waterway schedule, King County Metro’s launch of new battery-electric buses, the new Tacoma Link streetcar and revised on-street paid parking rates in Seattle. Recommended […]

Fleet Financing

Nikola Motors partners with ENGS Finance

In the United States, Nikola has signed an agreement with ENGS Commercial Finance to facilitate sales of Nikola Tre Class 8 Battery Electric Vehicles (BEVs) and Nikola Tre Hydrogen Fuel Cell Electric Vehicles (FCEVs). Working directly through the Nikola dealer network, ENGS will offer customer financing solutions for the purchase of Nikola vehicles, charging assets […]

Fleet Financing

Rolls Royce: An airline industry in transition

An airline industry in transition Rolls-Royce-powered widebody aircraft have remained the preferred solution in the transition market throughout the pandemic. The COVID-19 pandemic has presented the aviation industry with unprecedented challenges as global airlines grounded their fleets for much of 2020 and 2021. However, despite the slowdown, […]

Fleet Financing

ARI Fleet UK becomes Holman

Dated: March 28, 2022 | Author: Sean Keywood ARI Fleet UK has been renamed Holman. It’s part of a movement bringing operations, including dealerships, vehicle installers and fleet management, together under one banner. The organization said it was the first time in nearly 100 years of business that all of its businesses would be united […]

Fleet Financing

Industry Analysis of Car Leasing and Finance Market 2022, by Top Key Companies, Types, Applications and Forecast to 2030 – Instant Interview

Car rental and financing Market Size 2022 Industry Share, Strategies, Growth Analysis, Regional Demand, Revenue, Key Players and Forecast Research Report 2030 A recent market research report added to the repository of Credible markets is an in-depth analysis of Global car leasing and financing market. Based on the historical growth analysis and current scenario of […]

Fleet Financing

Volvo Trucks Receives Order for 50 Volvo VNR Electric Trucks for Truck-as-a-Service Startup from WattEV

“Volvo Trucks applauds WattEV’s unique approach to accelerating fleet electrification through its TaaS model, which aims to remove potential barriers to adoption so fleets of all sizes can have access to class-leading electric trucks. 8 and make local and regional deliveries without any tailpipe emissions,” mentioned Peter Voorhoeve, president of Volvo Trucks North America. “This […]

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PACE 2022: many BMW and MINI models offered with discounts and great offers, only with Auto Bavaria

It’s the last day of paultan.org Premium Auto Car Expo (PACE) 2022, and if you’re looking to buy a new or used vehicle, head to the Setia City Convention Center now. At PACE, BMW is represented by Auto Bavaria, with models like the updated 218i as well as the facelifted 5 Series joining the 3 […]

Fleet Financing

Triton International: Annual Report 2021 (published March 2022)

2021 Annual Report Triton International Limit “Triton used our market-leading position and expanded operational capabilities to their full potential in 2021, as Triton helped our customers manage across an exceptionally challenging operating environment.” Brian M. Sondey CEO Letter to shareholders BRIAN M. SONDEY CHAIRMAN AND CHIEF EXECUTIVE […]

Fleet Financing

Electric vehicle finance start-up Revfin raises Rs 100 crore in debt

Digital electric vehicle financing platform Revfin has raised Rs 100 crore of debt, which it plans to use to expand into new geographies to finance three-wheelers and foray into lending loans to two-wheelers in the e-commerce delivery space, according to a top company official. It is seeking to enter states like Assam, Madhya Pradesh, Rajasthan […]

Fleet Financing

Senate Committee Approves Bond Financing Option for Plant Vogtle Project | News

ATLANTA — Legislation allowing Georgia Power to fund Plant Vogtle’s nuclear expansion and other major projects through bonds was approved Monday by a state Senate committee over objections from the chairman of the Commission on Georgia Civil Service. Senate Bill 421 would allow Georgia Power to seek securitized bond financing to recoup some of the […]

Fleet Financing

2022 Ford Escape Titanium Hybrid AWD – Sunroof – $283 B/W

New Sunroof, leather seats, Titanium Elite package, B&O audio system, wireless charging! Get great year-end deals with Ford! In the city or in the forest, the Ford Escape is designed to allow you to navigate any terrain with confidence and comfort. The Ford Escape was designed for an active lifestyle and offers plenty of options […]

Fleet Financing

Car leasing and financing: the 2022 market is booming worldwide

Car Leasing and Finance Market 2021 this report is included with the Analysis of the impact of the COVID19 epidemic key points influencing market growth. Also, car rental and financing market (By Major Key Players, By Types, By Applications and Major Regions) Segments Outlook, Business Assessment, Competition Scenario, Trends and Forecast through the coming year. […]

Fleet Financing

Buyer wanted as soon as possible for the largest cruise ship in the world

By K. Oanh Ha and Arne Delfs (Bloomberg) A number of potential buyers are lining up for Genting Hong Kong Ltd’s Global Dream. will be signed by the summer when the company’s shuttered German shipbuilder runs out of cash, said the liquidator overseeing the sale. Still, the ship will not be sold in a hurry […]

Fleet Financing

AIR LEASE CORP MANAGEMENT REPORT OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-K)

The following discussion and analysis of our financial condition and results of operations should be read together with our consolidated financial statements and the related notes appearing in “Item 8. Financial Statements and Supplementary Data” of this Annual Report on Form 10-K. Overview Air Lease Corporation is a leading aircraft leasing company that was founded […]

Fleet Financing

Avis wants its new long-term car rentals to compete with traditional financing

This isn’t the first time Avis has partnered with FlexClub. Avis Fleet, the leasing arm of Avis Budget Group, now allows consumers to rent cars on longer-term subscriptions at a lower price in response to growing demand for a service offering that rivals car finance traditional, he said Monday. Longer-term car subscriptions on a flexible […]

Fleet Financing

UK zoo uses Marvin Gaye to get monkeys in the mood

The music of Motown’s Marvin Gaye is legendary for putting people in the mood for “sex healing.” So, as Valentine’s Day approached, a UK zoo wondered if they could get the endangered monkeys to say “Let’s go” too. The furry inhabitants of Trentham Monkey Forest in Stafford, England, have received emotional encouragement from a Gaye […]

Fleet Financing

Silver Airways Announces Completion of Major Strategic Initiatives | Your money

HOLLYWOOD, Fla.–(BUSINESS WIRE)–February 9, 2022– Silver Airways LLC (“Silver”), the first independent regional airline in the United States and the American launch operator of the fuel-efficient and environmentally friendly ATR-600 series turboprop aircraft, has implemented successfully meeting key strategic objectives, including raising $50 million in new capital through the offering of senior secured convertible notes […]

Fleet Financing

This van changes everything – The North State Journal

SONOMA, Calif. – The Ford Transit is one of those vehicles you see all the time but don’t really notice. Whether it’s a cable technician or locksmith, plumber, electrician, baker, flower delivery or Amazon, Transit is all over. They are almost all used for commercial purposes, making them prime candidates for electrification. For years, electric […]

Fleet Financing

Rising Use in Passenger Vehicles, Utility Vehicles Drives Industry Growth Across the Globe – Cleveland Sports Zone

[105 Pages Report] Automotive Fleet Management Market Overview 2022 Fleet management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics, driver management, speed management, fuel management and health management and security. Fleet management is a function that enables companies that depend on transportation as part of their business to remove […]

Fleet Financing

Amazon makes noise in The Grocery Wars

In the eyes of investors, Amazon’s performance and future prospects are seen and interpreted in terms of the health of its cloud division. And for good reason: Amazon Web Services is the driving force behind the e-commerce giant’s sales. In the third quarter, AWS accounted for all of Amazon’s $4.9 billion in operating revenue. The […]

Fleet Financing

MENA Series and Seed Funding Dec. 2021- Jan 2022 Part IV of V – Middle East & Gulf News

The participation of international investors has also increased exponentially. By the end of the year, the number of international investors like Global Founders Capital, Y Combinator, 500 Global and even Sequoia Capital had more than doubled since 2020. 1- England- Dubai UAE-based digital English-teaching platform Englease.com raised $3.4 million in its latest funding round backed […]

Fleet Financing

ITV Midsomer Murders: James Fleet’s wife in Call The Midwife and her famous role where the on-screen father was just 9 years older

Beloved actor James Fleet has had a stellar TV and film career in a variety of roles on our screens over the years, The 69-year-old actor shot to fame after his role in Richard Curtis’ 1994 British romantic comedy Four Weddings and a Funeral, where he played the goofy and well-meaning Tom. He was born […]

Fleet Financing

🌱 AISD Proposes School Closures + 6 New UT AAAS + SXSW Scholars

Happy Thursday neighbours! Here’s everything happening in town today. First, today’s weather forecast: Rather cloudy. High: 62 Low: 43. Here are today’s top stories in Austin: Following a district investigation and conversations between district and school leaders about the possibility of making Fridays early release days, the Austin Independent School District (AISD) sent an email […]

Fleet Financing

BMW hints electric supercar could be coming to Neue Klasse platform

The 600-hp BMW Vision M hybrid supercar shown here sadly never materialized as it remained only at the concept stage. Dubbed the XM, a dedicated M model will arrive towards the end of the year, but it will be a plug-in hybrid SUV rather than a low-slung two-seat sports coupe. Enthusiasts should not lose hope […]

Fleet Financing

Georgia Rep. David Scott, USDA and the Future of Farm Policy

Joshua Sewell | Guest columnist Georgian Congressman David Scott made history. Growing up in a farming family in the segregated South, he became a congressman. Her life story is one of resilience, hard work and overcoming adversity. He is now chairman of the United States House Agriculture Committee. Drawing on his life experience, President Scott […]

Fleet Financing

Performance Shipping Inc. announces its 2022 date

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ:PSHG), (the “Company”), a global shipping company specializing in tanker ownership, today announced that its board of directors The directors (the “Board”) have fixed the Company’s 2022 annual general meeting of shareholders (the “2022 AGM”) for February 28, 2022. The Board has set a […]

Fleet Financing

Delhi government signs Memorandum of Understanding with CESL; offer a 5% interest subsidy on loans for the purchase of EVs

The Delhi government on Wednesday signed a Memorandum of Understanding (MoU) with Convergence Energy Services Limited (CESL) to provide a 5% interest subsidy on the purchase of electric vehicles on loans for the purchase of certain categories of electric vehicles (EV) in Delhi. The MoU was signed by Vinod Kumar Yadav, Deputy Commissioner, Department of […]

Fleet Financing

Merchants Fleet goes fast and furious on electrification

Even before the COVID pandemic deepened America’s penchant for online shopping, New York City delivery drivers were dropping off about 1.5 million packages on New Yorkers’ doorsteps every day. This daily avalanche of commerce has brought with it traffic jams and parking chaos bad enough that the New York City Council recently passed a bill […]

Fleet Financing

Ecuador expands marine protected area around the Galapagos Islands

SANTA CRUZ, Ecuador, Jan 14 (Reuters) – Ecuador on Friday created a new marine reserve around its pristine Galapagos Islands – whose rich biodiversity inspired Charles Darwin’s theory of evolution – as it seeks extend the protection of endangered migratory species. The reserve’s expansion by 60,000 square kilometers (23,166 square miles) is the first step […]

Fleet Financing

Collaboration is key to decarbonization, says MSC’s Toft

January 13, 2022: It is essential that the priority this year is not only to meet the huge demand that the very complex and congested markets are experiencing which have emerged in the midst of Covid, but also to ensure that it does not is not decoupled from decarbonization efforts, says Soren Toft, CEO of […]

Fleet Financing

Stellantis and Crédit Agricole target 1 million multi-brand leasing vehicles

The group of manufacturers Stellantis is setting up a multi-brand leasing company in a 50/50 partnership with Crédit Agricole Consumer Finance (CACF), with the objective of operating a fleet of more than one million vehicles by 2026. The French bank will buy a 50% stake in FCA Bank and Leasys Rent, both of which are […]

Fleet Financing

Ford: positive price momentum on the rise (NYSE: F)

y_carfan / iStock Editorial via Getty Images Today’s bar graph belongs to the Ford automotive company (NYSE: F). I found the stock by using Barchart to sort the S&P 100 Index stocks first by the highest weighted Alpha and Barchart technical buy signals, then used the flipchart function to look at them. graphics in order […]

Fleet Financing

Royal Caribbean Group announces – GuruFocus.com

MIAMI, January 7, 2022 MIAMI, January 7, 2022 / PRNewswire / – Royal Caribbean Group (NYSE: RCL) (the “Company”) today announced the closing of its private offering of $ 1,000,000, 000 aggregate principal amount of the 5.375% Senior Unsecured Notes due 2027 (the “Notes”). The Notes will mature on July 15, 2027, unless they are […]

Fleet Financing

Monday Afternoon Update – Florida Trend

Florida jobless claims at pre-pandemic levels The first jobless claims in Florida arrived last month at a rate similar to the period before the coronavirus pandemic hit the economy. The US Department of Labor estimated that 3,982 jobless claims were filed in Florida during the shortened vacation week that ended on December 25. If unchanged, […]

Fleet Financing

Peter Morici: Correcting Biden’s Chinese Policy

China’s global ambitions pose an existential threat to Western democracy, prosperity, and security, but the Biden administration, concerned with national economic renewal and social justice, has failed to formulate a comprehensive policy. Cooperation on climate change may materialize, but the consequences for economic competition – fundamentally trade and investment relations – and the Chinese military […]

Fleet Financing

Hertz rebirth delivers $ 3 billion windfall to two daring backers

As travelers face soaring prices for car rental this holiday season amid growing demand and a shortage of new vehicles, two little-known investment groups are reaping huge benefits from the one of the most lucrative jobs in the hedge fund industry in 2021. Certares Management and Knighthead Capital Management sit on paper earnings of nearly […]

Fleet Financing

Driverless car market leaders innovate in transportation industry

Futuristic autonomous car cockpit. getty “According to the recent research report, the demand for Self-driving car market size and share is expected to reach $ 64.88 billion by 2026 from $ 23.33 billion in 2020, at a compound annual growth rate (CAGR) of 22.7% during the forecast period 2021 to 2026 “ This report highlights: […]

Fleet Financing

FTAI Aviation completes sale and leaseback of 9 of 19 aircraft with Avianca

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here. NEW YORK, Dec. 27, 2021 (GLOBE NEWSWIRE) – FTAI Aviation, a wholly owned subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) is pleased to announce the closing of the first 9 […]

Fleet Financing

Vietjet resumes international flights from January 1

Following government approval, Vietjet will resume its scheduled international flights from January 1, 2022. The services resumed are from Hanoi / Ho Chi Minh City to Tokyo (Narita International Airport), Seoul (Incheon International Airport), Taipei, Singapore and Bangkok (Suvarnabhumi International Airport). The airline says for the first phase starting Jan. 1, 2022, each service will […]

Fleet Financing

Honorific formidable: notable names recognized for their excellence

The Maritime Association of the Port of New York and New Jersey has been inducted into its International Maritime Hall of Fame: Lisa Lutoff-Perlo, President and CEO, Celebrity Cruises Inc .; James R. Mara, President Emeritus, Metropolitan Marine Maintenance Contractors’ Association; James I. Newsome III, President and CEO, South Carolina Ports Authority; Nikolas P. Tsakos, […]

Fleet Financing

In memoriam: Ryan Popple, 1977 – 2021

Ryan Popple, current director and former CEO of Proterra, died on December 15, 2021, according to a statement on the company’s website. “We are deeply saddened by the passing of our colleague and dear friend Ryan Popple. Ryan embodied the entrepreneurial spirit and dedicated his life to creating a better future. His leadership at Proterra […]

Fleet Financing

Boeing barely beats Airbus on 2021 aircraft orders, but far behind in deliveries

With two weeks remaining in 2021, whether Airbus or Boeing will end with more aircraft orders seems too close to be announced. The annual race for leadership between the two rivals, while less critical in a year when the coronavirus pandemic has drastically reduced demand, is nonetheless a measure of a possible recovery to come. […]

Fleet Financing

CALC kicks off 15th anniversary celebrations with the launch of its 150th aircraft

Starting from scratch, the Group has come a long way over the past 15 years, from spearheading some of China’s aviation finance industry initiatives to establishing global positions. HONG KONG – China Aircraft Leasing Group Holdings Limited began its 15th anniversary celebrations with the arrival of the 150th aircraft in its fleet while the Group […]

Fleet Financing

Our favorite energy stock picks for 2022 and beyond

The energy industry faces an uncertain future. While the global economy still needs fossil fuels, it is quickly turning to cleaner sources of energy. This transition makes it difficult to determine the best places to invest in the years to come. We asked three Motley Fool contributors their favorite energy stock picks for 2022 and […]

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Digital Ally Inc. Announces Adjournment of Special Meeting of Shareholders to December 28, 2021 | News

Lenexa, KS, December 09, 2021 (GLOBE NEWSWIRE) – Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures and markets advanced video recording and other security products critics for law enforcement, emergency management, fleet security, and site and event security, announced that the extraordinary shareholders’ meeting scheduled for December 13, 2021 (the ” Extraordinary ‘) […]

Fleet Financing

Univar Solutions appointed distributor of Tata NQ’s prebiotic dietary fiber line in Europe, Turkey, Egypt and Russia

Univar Solutions appointed distributor of Tata NQ’s prebiotic dietary fiber line Tweet this The agreement builds on existing relationships in United States and Canada. FOSSENCE® and GOSSENCE® — Produced using proprietary internal fermentation technology developed by Tata NQ, the Nutritional Sciences Division of Tata Chemicals Ltd, are used in food and beverage, powdered foods for […]

Fleet Financing

Binter finalizes the financing of six new ATR 72-600s

The acquisition by Binter Canarias of six new ATR 72-600 aircraft will be carried out thanks to a banking consortium made up of Santander, Caixabank and BBVA to finance the new aircraft. Since 2002, the company has acquired 42 aircraft from the manufacturer ATR in successive operations for more than $ 900 million. Binter has […]

Fleet Financing

The Global ICT Excellence Awards are highly rated in Moscow for the development of the startup ecosystem

Eric Usher’s agenda is filled with meetings with the executives of some of the world’s biggest banks. And although he has years of experience in the financial industry, his mission is not to profit. It is about supporting and encouraging banks and other financial institutions to lay the foundations for a more sustainable future. Usher […]

Fleet Financing

BW Offshore: Third Quarter 2021 Results

Third Quarter 2021 Results TO SELECTHTS EBITDA of $ 97.1 million and operating cash flow of $ 157.2 million Barossa FPSO Debt Financing and Joint Venture Partnership Completed Barossa’s FPSO project is progressing as planned $ 67 million in gross proceeds from the October block sale of BW Energy shares Quarterly cash dividend of $ […]

Fleet Financing

Activision Blizzard: a growing opportunity for investors

ACcivision Blizzard (ATVI) stocks have continued to fall over the past several months and are currently trading at 52 week lows. Despite this, ATVI remains the most valued video game company in the United States, with a market cap of $ 48.6 billion. I have already expressed my love for action because of the many […]

Fleet Financing

Tevva granted $ 57 million for the development of electric trucks

British electric truck maker Tevva has just raised US $ 57 million through an oversubscribed private placement from new and existing investors. The company says it will use the funding to outfit its new London-based production plant and quickly expand manufacturing. Last month, Tevva Motors secured a £ 4.2million (just under € 5million) grant from […]

Fleet Financing

FTAI Aviation announces the closing of sale and leaseback transactions with Alitalia and ITA Airways

NEW YORK, Nov. 11, 2021 (GLOBE NEWSWIRE) – FTAI Aviation, a wholly owned subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), is pleased to announce the closing of the sale and leaseback of the majority of 16 aircraft with Aircraft Purchase Company No. 12 Limited (an Alitalia group company) and novation to Italia […]

Fleet Financing

Bolt Logistics Secures $ 115 Million Series B Funding to Power Digital Logistics Transformation | Your money

TORONTO – (BUSINESS WIRE) – November 8, 2021– Bolt Logistics (“Bolt”), a leading Canadian provider of technology logistics and last mile delivery, is proud to announce that it has raised CAD 115 million in funding, bringing the total funds raised by the business to date at over $ 150 million. . The investment was led […]

Fleet Financing

Lime raises € 452.7 million in a mix of convertible debt and debt financing; plans to go public in 2022

CEO Wayne Ting | Image credit: Lime California mobility startup Lime, announced that it has raised $ 523 million (around € 452.7 million) in a mix of convertible debt and debt financing to build a future where transportation is shared, affordable and carbon-free. . The news follows the company’s recent introduction of a new monthly […]

Fleet Financing

Coal money shrivels as climate talks turn to finance

Coal and silver collide at climate talks in Glasgow, Scotland, where a series of private and public sector funding plans are unveiled to help end the world’s most polluting fossil fuel. The money goes to shutting down coal-fired power plants, supporting coal-dependent communities in their transition to cleaner energy, and generating investments in renewable alternatives. […]

Fleet Financing

Latam Airlines CEO cuts costs and emissions in bankruptcy

(Bloomberg) – Latam Airlines Group chief executive wants to take his company out of bankruptcy next year with a declining carbon footprint and lower costs that can help it grow in a travel market that is still recovering from the coronavirus pandemic. Bloomberg’s Most Read Roberto Alvo said Latin America’s largest airline was making progress […]

Fleet Financing

TIER wants to change mobility for good; raises $ 200 million in funding

TIER, the European leader in micro-mobility, today announced the first close of its $ 200 million (nearly £ 145 million) funding round to consolidate its position as the best-funded micro-mobility company in Europe. Investment round As part of the broader rise in equity and debt, this round of funding was led by existing investors SoftBank […]

Fleet Financing

Pak may have helped Turkey destroy intelligence modules

Cooperation between Turkey and Pakistan, especially in intelligence sharing, has intensified. New Delhi: Turkey’s National Intelligence Organization (MIT) recently dismantled two suspected spy cells operating from its soil, one operated by the Iranian VAJA and the other by the Israeli Mossad. The alleged eight-member Iranian spy cell was dismantled in the eastern Turkish town of […]

Fleet Financing

NED acquires Grove River Machinery in Georgia

Grove River Machinery, located in Richmond Hill, Georgia, is now a National Equipment Dealers (NED) business. NED has completed the acquisition of Grove River Machinery, which will expand the NED organization in Georgia. “With this merger, Grove River Machinery opens an exciting new chapter in our 20-year history,” said Dale Richbourg, former sales manager at […]

Fleet Financing

Ritchie Bros. launches a self-service equipment list service

Ritchie Bros. has launched a new self-service equipment list service: RitchieList.com. The new service gives customers the control and tools to sell equipment privately. “We are very pleased to bring to market a new equipment listing service with secure transaction management and other additional services designed to make selling even easier for private sellers and […]

Fleet Financing

Credit Suisse draws closer to deal with US over Mozambique scandal

(Bloomberg) – Credit Suisse Group AG is set to strike a deal with the U.S. government that would resolve a criminal investigation into its role in a $ 2 billion Mozambican bond scandal, people familiar with the matter say. Bloomberg’s Most Read Discussions with the US Department of Justice involve a deferred prosecution agreement that […]

Fleet Financing

Shift5 Raises $ 20 Million to Secure Commercial and Military Transportation Fleet Systems

Shift5 has raised $ 20 million in Series A funding to provide enhanced cybersecurity and operational intelligence to today’s commercial fleet operators and military platforms. The round was led by 645 Ventures, with participation from Squadra Ventures, General Advance and First In. Operational technology underpins critical infrastructure, enabling it to operate continuously and reliably. Transport […]

Fleet Financing

ZF becomes full supplier of autonomous shuttle systems

ZF is expanding its product line for autonomous and electric shuttle systems. With immediate effect, the Group offers not only the shuttles themselves, but also all the additional services necessary for the planning, implementation, operation, maintenance and repair of autonomous passenger transport systems. ZF is directing its offer towards cities and urban mobility operators to […]

Fleet Financing

Global Crossing Airlines announces lease of A321 cargo plane

MIAMI, October 7, 2021 (GLOBE NEWSWIRE) – Global Crossing Airlines Group, Inc. (JET: TSX-V; JET.B: TSX-V; JETMF: OTCQB) (the “Society” Where “GlobalX“) announces the signing of a definitive agreement with ST Engineering Aerospace Resources (” STE Aerospace Resources “), the aircraft leasing arm of ST Engineering for the leasing of an Airbus A321 P2F cargo. […]

Fleet Financing

San Antonio, Texas, in talks for the Boring Co. tunnel system.

(TNS) – When it surfaced two months ago, the idea of ​​Teslas spinning through the underground tunnels between San Antonio International Airport and downtown seemed fanciful. Now, there is a sign that the idea may have gained traction. The Boring Co., a tunneling company backed by billionaire Elon Musk, spoke with local leaders about building […]

Fleet Financing

China’s pledge to stop funding overseas coal-fired power plants changes the energy game

Text size Wujing Coal-Electric Power Plant in Shanghai on September 28, 2021 HECTOR RETAMAL / AFP / Getty Images About the Author: Kenneth B. Medlock III holds a James A. Baker III and Susan G. Baker Fellowship in Energy and Resource Economics, and Senior Director of the Center for Energy Studies at the Baker Institute […]

Fleet Financing

Elon Musk’s Downtown Airport Tunnel Transit Plan Steps Forward; the city is looking for competing plans between the airport and the city center

The Boring Co., a tunneling company backed by billionaire Elon Musk, has discussed with local leaders in recent months the possibility of building an underground transportation loop in San Antonio. On October 1, the Alamo Regional Mobility Authority formally invited contractors to submit plans for “a transportation project that can efficiently and economically transport people […]

Fleet Financing

Mexico’s B2B Cash Flow Manager Higo Raises $ 23 Million

Higo, a Mexican B2B firm, raised $ 23 million in a Series A round, CB Insights reported. The company plans to use the capital to increase its workforce. Higo works primarily with small and medium-sized enterprises (SMEs), automating supplier payments, enhancing visibility of cash flow and providing a consolidated view of company-related invoices, according to […]

Fleet Financing

Diana Shipping Inc.Announces Time Charter Contract for M / V Baltimore with Olam

Receive instant alerts for news on your actions. Claim your 1-week free trial for Street Insider Premium here. ATHENS, Greece, Oct 01, 2021 (GLOBE NEWSWIRE) – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced today that as a wholly owned subsidiary it has […]

Fleet Financing

Malaysia AirAsia X to Request $ 120 Million Government Guaranteed Loan

In its unaudited quarterly report for the three months ending June 30, released on September 27, AirAsia X (D7, Kuala Lumpur Int’l) revealed that it plans to apply for a state-guaranteed loan until MYR 500 million ringgit (USD 119.5 million) under the Danajamin Prihatin Guarantee Scheme (DPGS), launched last year to keep the Malaysian economy […]

Fleet Financing

AITX strengthens management team – inaugurates next phase of growth Via Railcar Services

Welcomes New Company President, Industry Veteran and Innovator Kurt Higginbotham ST. CHARLES, Mo., September 29, 2021 / PRNewswire / – American Industrial Transport, Inc. (“AITX”) is pleased to announce that Kurt Higginbotham is appointed Chairman, effective October 1, 2021. AITX welcomes Kurt Higginbotham as President and joins Sean Hankinson, Commercial Director and Melanie Connellee, CFO […]

Fleet Financing

IDEX), subsidiaries are expected to present solutions at the upcoming Sustainable Fleet Technologies conference

Ideanomics (NASDAQ: IDEX), a global company focused on commercial electric vehicle adoption and associated energy consumption, will participate in the month-long all-virtual Sustainable Fleet Technology (“SFT”) conference. The conference is designed to showcase the ‘latest and greatest’ in sustainable fleet technology, operations and implementation. The conference takes place twice a week – Tuesday and Thursday […]

Fleet Financing

electric vehicles: demand for EVs for commercial use is expected to increase by 15 times 6 months

The demand for electric vehicles for commercial use is expected to increase 15 times over the next six months, due to rising fuel prices, incentives put in place by central and state governments and the renewed focus of trading companies. electronics to electrify their last mile delivery fleets. , said a financier of such vehicles. […]

Fleet Financing

UPDATE – Gatik raises $ 85 million in Series B funding

PALO ALTO, Calif., September 24, 2021 (GLOBE NEWSWIRE) – Gatik today announced a new investment of $ 85 million in Series B financing to significantly expand Middle Mile’s first self-sustaining logistics network in North America. The round was significantly oversubscribed and brings the total amount raised by Gatik to $ 114.5 million. The round is […]

Fleet Financing

States with the highest number of new small businesses per capita

The last business creation statistics compiled by the Census Bureau and covering the period between August 2020 and July 2021 suggest that the economic devastation caused by the COVID-19 pandemic has done little to dampen American entrepreneurship. On the contrary, these unprecedented times have paved the way for a start-up boom in some states, reversing […]

Fleet Financing

Tramec’s management team and financial partners complete the buyout of the majority shareholder’s stake

ELK GROVE VILLAGE, Illinois., September 23, 2021 / PRNewswire / – Tramec is pleased to announce that its management team, in partnership with Wells Fargo Strategic Capital and High Street Capital (HSC), has purchased 100% of MacLean Investment Partner’s stake in the company. The agreement positions Tramec to accelerate its growth and diversification initiatives in […]

Fleet Financing

Philippine Airlines seeks recognition under PH laws

Philippine Airlines (PR, Manila Ninoy Aquino Int’l) is asking local courts to recognize its Chapter 11 bankruptcy protection proceedings in the United States, says airline president and chief operating officer Gilbert Santa Maria. Speaking in a forum, he said the carrier had requested that its Chapter 11 filing be recognized under the Philippine Financial Rehabilitation […]

Fleet Financing

Edinburgh tech start-up gets £ 1.4million to disrupt rental car industry

Scottish tech start-up Coastr has secured £ 1.4million in funding through London-based investment platform GroVentive. Formerly known as Nuvven, Coastr was founded in 2018 by Biswajit Kundu Roy, University of Strathclyde graduate and former PwC technology strategist. The Edinburgh-based company offers a cloud-based ‘all-in-one’ car rental management platform, helping rental companies go fully digital and […]

Fleet Financing

Swedish Volta Trucks raises € 37 million; receives over 2,500 pre-orders for its 16-tonne electric utility vehicle

The founders of Volta Trucks Carl-Magnus Norden, Kjell Walöen | Image credit: Volta Trucks Electric cars and bikes may be the loudest these days, but electric trucks aren’t far behind. With many OEMs working on the electrification and redesign of delivery and distribution trucks, the segment is about to be crowded soon. In a recent […]

Fleet Financing

Boris Johnson challenges world leaders on ambitious climate change commitments ahead of Cop26

Mr Johnson named new commitments on planting and protecting trees as one of his four key goals for COP26. The others are promises to reduce dependence on coal, move away from polluting cars and keep the promise to give developing countries $ 100 billion a year in climate finance. “Action on coal, climate, cars and […]

Fleet Financing

M&T Bank Shares Are Good Value Despite Recent Difficulties

The motley fool M&T Bank published disappointing second quarter results in July. Its struggles have recently depressed the stock, which means it could be a good time for investors interested in buying. Consumer loans are currently enjoying more momentum than commercial loans, and M&T is primarily a commercial lender. Its credit quality has also deteriorated […]

Fleet Financing

Socar secures RM 229.35 million in funding from Sime Darby Berhad and EastBridge Partners in South Korea

Socar Mobility Malaysia (Socar) recently announced that it had secured $ 55 million (RM 229.35 million) in its recent Series B funding exercise. The company, which operates a carsharing platform, claims that it is currently valued at $ 213 million (RM 888.21 million). The latest funding round will see Socar receive equity and a capital […]

Fleet Financing

The hidden power of blockchain in the supply chain – Technology

United States: The hidden power of blockchain in the supply chain September 16, 2021 Frosty Brown Todd To print this article, simply register or connect to Mondaq.com. Blockchain technology, better known as the distributed ledger platform that powers Bitcoin and other cryptocurrencies, has several potential applications for the automotive industry. Trends in automated and autonomous […]

Fleet Financing

Agreement for the construction of three Kamsarmax

Golden Ocean Group Limited (Nasdaq and OSE: GOGL) (“Golden Ocean” or the “Company”), one of the world’s largest listed solid bulk shipowners, today announces that it has entered into an agreement for the construction of three high-specification vessels Kamsarmax latest generation 85,000 dwt ECO type vessels, which will be built in a first-class Chinese shipyard. […]