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 […]
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 […]
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 […]
China VC Weekly: Fintech and robots
In last week’s VC news, Airwallex fintech professionals completed a $ 200 million Series E cycle for a $ 4 billion valuation, autonomous driving startup DeepRoute.ai raised about $ 300 million in successful Series B round, AI firm Keenon Robotics raises $ 200 million in their Series D Tour, eVTOL Autoflight newcomer wins massive Series […]
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 […]
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 […]
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 […]
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 […]
For PAL reinvention, not liquidation
Congratulations to Judge Japar B. Dimaampao, 57, for his long delayed but well deserved promotion to the Supreme Court. I know him personally to be as trustworthy as his uncle, retired CJ Hilario G. Davide Jr., as gentle as his aunt Gigi Davide, and as devout a Muslim faithful is to the teachings of Allah, […]
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 […]
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 […]
John James Sr. has overcome obstacles – and is now surpassing him
Elder John James said he decided to give the “majority portion of my total portfolio” to his children now rather than after his death to see them grow the business. âI’m so much older than my kids⦠I’m just lucky to be here for so long,â James said. âSo I’m not going to take a […]
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. […]
IEEFA Says New Coal-Fired Power Plants In India Will Become Stranded Assets
In theory, economics is a fairly simple thing. If farmer A sells 4 apples for a dollar and farmer B sells 5 for a dollar, who will you call when you need apples? Farmer B, of course. You’d be crazy to pay more than you need for apples, especially if you hope to resell them […]
Collaboration, not competition to promote the EV ecosystem
The automotive industry is one of the most competitive industries in the world, the one that has allowed the survival of the fittest. But when it comes to the electric vehicle ecosystem, for a country like India, it’s not competition, but cooperation that will unlock the next phase of growth, says Shreyas Shibulal, founder and […]
Take action to introduce BEV for limousine and taxi services to the IAA
Renault’s mobility brand Mobilize presents an all-electric sedan for the individual transport of people in limousines and taxis. The Mobilize limousine will be offered in select international markets at flexible rates as a comprehensive mobility and service package for commercial and private transportation services. The world premiere of the electric car will take place on […]
CenterPoint Energy Seeks Approval for 335 Megawatts of Renewable Power Serving Southwest Indiana
EVANSVILLE, Ind., 25 August 2021 / PRNewswire / – CenterPoint Energy (NYSE: CNP) today announced its IndianaElectricity and natural gas company CenterPoint Energy Indiana South has applied for approval with the Indiana Utility Regulatory Commission (IURC) to enter into two power purchase agreements (PPAs) for 335 megawatts (MW) of additional solar power as part of […]
Nordic Shipholding plans to shut down tanker activity due to market issues
Nordic Shipholding plans to sell its last three tankers (Nordic Shipholding) Posted on August 23, 2021 at 4:58 PM by The maritime executive As a sign of the seriousness of the problems in the oil tanker market, the Danish shipping company Nordic Shipholding has announced that its management and lenders have agreed to offer the […]
Waymo is 99% of the way to self-driving cars. The last 1% is the hardest
Joel Johnson laughs nervously from the backseat when his self-driving cab pulls up in the middle of a busy suburban Phoenix road. The car, operated by autonomous vehicle pioneer Waymo, has encountered a row of traffic cones in a construction area and will not budge. “Take the tour, man,” Johnson says, gesturing to the drivers […]
2022 Ford F-350 Super Duty
New Diesel engine, FX4 off-road package, sunroof, premium B&O audio system, 20 inch aluminum wheels! Get great end-of-year deals with Ford! For hauling, towing and getting the job done, look no further than this rugged F-350. The high strength, military grade aluminum construction in the body of this F-350 reduces weight without sacrificing toughness. This […]
Fourth Stimulus Checks Live Updates: Can This Happen In August? Child tax credit August dates, tax declaration, opt-out …
Paid Time Off, Clean Energy, Preschool – US $ 3.5 trillion Plan Democrats in the US Senate unveiled a large overview of a $ 3.5 trillion spending plan which, according to the White House, would finance large investments in clean energy and families while tax the highest incomes and the best companies in the country […]
Binance CEO resigns citing ‘differences’
Brian Brooks, the head of U.S. operations for the Binance cryptocurrency exchange, has stepped down after just three months in the post, he tweeted. Greetings #crypto community. I let you know that I have resigned as CEO [email protected] Despite the differences on the strategic direction, I wish my former colleagues every success. New exciting things […]
VONTIER: MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS (Form 10-Q)
Vontier Corporation (“Vontier,” the “Company,” “we,” “us,” or “our”) is a global industrial technology company that focuses on critical technical equipment, components, software and services for manufacturing, repair, and servicing in the mobility infrastructure industry worldwide. The Company supplies a wide range of mobility technologies and diagnostics and repair technologies solutions spanning advanced environmental sensors, […]
WAVE, an Ideanomics Subsidiary, Wins Sourcewell Supplier Contract | State
NEW YORK, August 6, 2021 / PRNewswire / – WAVE (Wireless Advanced Vehicle Electrification), a subsidiary of Ideal (NASDAQ: IDEX) and a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles, has won a cooperative purchase contract in the Sourcewell Wireless Inductive Charging Solutions category. Sourcewell is an autonomous government organization with […]
Volvo Trucks launches ‘Blue Contract’ premium service plan – Aftermarket
The new Volvo Truck Blue Contract service offering is a comprehensive maintenance program designed to improve uptime and simplify maintenance management for customers and dealers. Photo: Volvo Trucks North America Volvo Trucks North America has launched Blue Contract, a unique premium service plan that replaces existing maintenance plans currently offered to customers. Billed as a […]
7 Developers Submit Proposals Up To $ 140 Million For State Street Campus Garage Project | Local government
Seven developers have proposed projects to replace the original part of the State Street Campus Garage Downtown. Dean Mosiman | Wisconsin State Journal Seven developers are proposing massive plans to replace the “functionally obsolete” State Street Campus Garage Downtown with a new public parking structure, intercity bus garage, retail space and housing. The proposals, which […]
FHWA Now Accepting AID Grant Applications
The Federal Highway Administration (FHWA) of the United States Department of Transportation has revealed that up to $ 10 million in grants will be available through a Funding Opportunity Notice for the Accelerated Innovation Deployment Demonstration Program ( AID) of the FHWA. The funds are used to promote the deployment of proven innovations that can […]
Grab and Gojek commit to ‘zero carbon’ ahead of public announcement
SINGAPORE / JAKARTA – Southeast Asia’s largest ridesharing and delivery superapps, Grab and Gojek, have pledged their commitment to net zero carbon emissions, leading tech startups in the region to adopt ‘environmental, social and governance (ESG) objectives. From July 14, Grab in Singapore launched a new service that allows users to flag down a hybrid […]
USDA Loan Program Helps Belgrade Company Acquire “Super Scoopers”
Montana wildfire season arrived a bit early this year due to drier than normal and windy conditions. But Bridger Aerospace, a veteran-owned company based in Belgrade, was ready to answer the call with its two new CL-415EAF “Super Scooper” fire extinguishing planes. Through USDA Rural Development’s Business and Industry Loan Guarantee Program, Bridger Aerospace was […]
Element Partners With Qmerit To Provide Electric Vehicle Charging Services To Customers
Element Fleet Management has entered into an agreement with Qmerit, a green energy company that provides electric vehicle charging services. Through its Charging @ Home solution, Qmerit will provide Element customers with the installation and support of electric vehicle chargers in single and multi-family homes. âAt Element, we specialize in making the resort simpler for […]
Fraudsters discover the easiest way to rob a bank
The problem was, things weren’t there: the invoices seem to be fabricated, while the lease payments weren’t made by the customer but by the company to keep up appearances. The location of the scale is now a mystery. How could Westpac, and others, fall into a trap like the one now alleged? Well, schemes such […]
Boasting new trains, Amtrak CEO predicts passengers will return
DETROIT (AP) – Amtrak is betting big on a return in goodwill. The country’s passenger railroad wants to replace its nearly half-century-old fleet with state-of-the-art trains that can run on electricity or diesel. He plans to spend $ 7.3 billion to buy 83 trains made by Siemens, with options to buy more if ridership increases. […]
In the News: Maruti Suzuki, Godrej Properties, Avenue Supermarts, HUL and more
Benchmarks opened higher in positive Asian markets today. Sensex traded 248 more points to 52,634 and Nifty rose 83 points to 15,774 at the start of the trade. ICICI Bank, Ultratech Cement, Maruti Suzuki, Kotak Bank and SBI were the main winners of Sensex, reaching 1.75%. Here’s a look at the stocks that should stay […]
SUNREF Ghana launches € 34 million green finance program to boost renewable energy
The sustainable use of natural resources and the financing of energy (SUNREF), a green finance label developed by the French Development Agency (AFD) and supported by the European Union (EU), has launched its program of energy financing for Ghana at the Alisa hotel in Accra. The Program is a unique and innovative financial offer, with […]
Community Energy grows with six new senior hires and exceeds two gigawatts of solar projects developed
Company expands to capitalize on growing demand for solar and storage projects in the United States RADNOR, Pennsylvania, July 08, 2021– (BUSINESS WIRE) – Community Energy today announced the hiring of six new senior team members to accelerate the growth of its solar development and storage business: Chris Caswell, Director, Structured Finance; Walter Crenshaw, lead […]
Avance Gas Holding Ltd – Signature of a financing linked to sustainable development for the first two new dual-fuel buildings
Bermuda, July 7, 2021 – Avance Gas Holding Ltd (the âCompanyâ) is pleased to announce the successful signing and completion of the previously announced $ 104 million sustainability linked term facility with a banking syndicate in May 2021. The transaction will guarantee the financing of the first two new dual-fuel buildings, Avance Polaris and Avance […]
Route network update for Everts Air Alaska
Aeroflot does not need to borrow more at this time but is extending its loan 02.07.2021 – 22:22 UTC Aeroflot (SU, Moscow Sheremetyevo) has already created a safety cushion ahead of the typically arduous fall season and sees no need to borrow more in the near future, said Andrey Chikhanchin, chief financial officer of the […]
Hertz bankruptcy exit completed; new board installed
ESTERO, Florida – It might be hard to blame the executives of Hertz Global Holdings and the new board members if they were to shoot fireworks before the July 4 vacation. This week, Hertz announced that it has successfully completed its Chapter 11 restructuring process and has become a âfinancially and operationally stronger company that […]
DF selects a post to be filled at the polls in November
DOVER-FOXCROFT – A vacant position on the Dover-Foxcroft Select board of directors will be filled in the November ballot, as city officials signed documents for the municipal elections to be held at the polls on Tuesday 2 November, in conjunction with a state poll. DOVER-FOXCROFT – A vacant position on the Dover-Foxcroft Select board of […]
Navios Maritime Holdings Inc. announces entry in news
GRAND CAYMAN, Cayman Islands, June 30, 2021 (GLOBE NEWSWIRE) – Navios Maritime Holdings Inc. (âNavios Holdingsâ or âthe Borrowerâ) (NYSE: NM), a global shipping and logistics company, announced today the following events: Senior secured term loan facility Navios Holdings has entered into a senior secured term loan facility with an entity (âLenderâ) affiliated with its […]
Dallas Rideshare Alto Closes $ 45 Million Series B, Bringing Total Funding to $ 60 Million »Dallas Breaks New Ground
Dallas’ own rideshare service Alto has finalized a $ 45 million Series B funding round, the largest to date, to continue to propel national growth and transform the industry. The capital injection will finance a major pivot for the local startup: Going electric. Alto has been on a path of rapid expansion since its inception […]
Brookfield Business Partners acquires the Modular Group
BROOKFIELD, News, June 27, 2021 (GLOBE NEWSWIRE) – Brookfield Business Partners LP (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) as well as Institutional Partners (collectively “Brookfield”) announced today hui an agreement to acquire Modulaire Group (“Modulaire”) for approximately 5 billion dollars. Modulaire is a leading provider of modular rental services in Europe and Asia-Pacific serving […]
These are the reasons Rivian may soon be the next big deal
The market is now bristling with auto startups taking advantage of a rapidly changing auto industry. The industry is changing with the development of electric vehicles and autonomous driving technology. Leading automotive startups include Tesla, Rivian, Lordstown, Altis, Canoo, and Lucid Motors. But all these startups will not succeed, some will certainly go bankrupt, will […]
WestJet appoints new digital vice president
WestJet of Canada to launch B737 cargo operations in 2Q22 24.06.2021 – 04:16 UTC WestJet (WS, Calgary) is set to enter the cargo segment with the launch of its first B737-800 (BCF) scheduled for the second quarter of 2022. âOur new commercial cargo aircraft are a natural evolution of the competitive guest services offered by […]
Biparty Agreement on Infrastructure: What are the Benefits for the Trucking Industry?
Chances of passing a new bill on infrastructure spending have increased this week after President Joe Biden and a bipartisan group of US senators found common ground. But the journey to real nationwide investment in roads, bridges and other infrastructure is far from over. âConversations are taking place because there is a real need for […]
TUI Board of Directors: Fleet size is now right – no pressure on state aid
Tui sees the company’s own fleet of planes now better equipped after Corona’s cutbacks and break-ins, but is still taking time on the subject of repayment of government aid. The world’s largest travel company could make more money in the summer and become more resilient, said chief financial officer Sebastian Ebel of news agencies dpa […]
Garuda Indonesia plans to downsize its fleet to save money
Garuda Indonesia is drowning in a mountain of debt and struggling to meet payments to creditors. Airline executives told lawmakers yesterday they were seeking to return up to 101 planes to donors. Additionally, according to a five-year business plan, Garuda is targeting a fleet of just 66 aircraft from 2022. Garuda Indonesia could begin a […]
PAL Holdings trading suspended and calls for more Airbus postponements
The Philippine Stock Exchange suspended trading in parent company Philippine Airlines (PR, Manila Ninoy Aquino Int’l) PAL Holdings on Friday, June 18, following the release of its 2020 annual report exposing a record loss in the middle of âThe extraordinary impact of the Covid-19 pandemic on operations. The report, which was released in a stock […]
The successes of the week in terms of sustainable development
As part of our Mission Possible campaign, edie brings you this weekly roundup of five of the week’s best sustainability success stories from around the world. Published weekly, this series shows how businesses and sustainability professionals are working to achieve their âMission Possibleâ through the campaign’s five key pillars: energy, resources, infrastructure, mobility and company […]
All drone companies in China – a guide to the 22 best players in the Chinese drone industry – SupChina
All drone companies in China – a guide to the 22 best players in the Chinese drone industry – SupChina Skip to content Find a company based in China Find a company based in ChinaYuanfudaoGSX TecheduZuoyebangZhangmenNew oriental educationPinduoWater dropSinopharm GroupByteDanceTencentGeelyChang’an AutomotiveCanton AutomobileBYD AutoJD.comHuatai Insurance GroupHuaqin technologyLife insurance in ChinabilibiliHuaweiAgricultural Bank of ChinaContemporary Amperex technologyTsinghua UnigroupXiaomi58.comLenovoFAW […]
Spotify and Ford make acquisitions
For a rundown of TechCrunch’s most important and important stories delivered to your inbox every day at 3:00 p.m. PDT, subscribe here. Welcome back to Daily Crunch on Friday June 18th. Congratulations! You’ve reached the end of the week without Alexander, who will return with shining eyes on Monday. TechCrunch has a day off for […]
DSG Global, Inc. and Imperium Motor Corp. unveil several new electric vehicles at the Experience Center in Fairfield, Calif., today and tomorrow
Enter Wall Street with Street Insider Premium. Claim your 1-week free trial here. SURREY, British Columbia, June 18, 2021 (GLOBE NEWSWIRE) – via InvestorWire – DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) today announces that on June 18 and 19, 2021, The company will unveil several new vehicles at the grand opening of […]
Ford acquires Electriphi to help with key EV commercial fleet strategy
2022 Ford F-150 Lightning Pro. Ford Commercial fleet operators are a critical part of Ford’s customer base and its plan to get back on a stronger financial footing. These same fleets are seen as key to the automaker’s plan to successfully sell electric vehicles. But going electric isn’t as easy as swapping gasoline and diesel […]
Royal Caribbean Group Announces Pricing of $ 650 Million Senior Unsecured Notes
MIAMI, June 15, 2021 / PRNewswire / – Royal Caribbean Group (NYSE: RCL) (the âCompanyâ) today announced that it has priced its private offering of $ 650 million total capital of 4.250% senior unsecured bonds maturing in 2026 (the âBondsâ). The notes will expire on July 1, 2026. Tickets should be issued on or about […]
Grupo Aeroméxico seeks new bailout lender – report
Grupo Aeroméxico is in talks with potential lenders who could replace New York-based investment firm Apollo Global Management in its bankruptcy rescue, sources familiar with the development told Bloomberg News. In August 2020, parent company Aeroméxico (AM, México City Int’l) secured $ 1 billion in debtor-in-owner financing (DIP) – a form of financing for companies […]
Lordstown Motors announces leadership transition
News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. Angela Strand, Lead Director, appointed Executive Chairman Becky Roof, appointed Interim CFO CEO Steve Burns and CFO Julio Rodriguez resign from the company LORDSTOWN, Ohio, June 14, 2021 (GLOBE NEWSWIRE) – Lordstown Motors Corp. […]
Two Year Extended Low Emission HGV Joint Financing Program
State Treasurer Fiona Ma announced that the historic program between the California Pollution Control Financing Authority (CPCFA) and the California Air Resources Board (CARB) has now been extended for two years. The expansion of the funding partnership for the Heavy Vehicle Air Quality Loan Program has been approved by the CPCFA Board of Directors, chaired […]
Bouchard Transportation is looking for a buyer or the layoffs will begin in July
(archive photo) Posted on June 11, 2021 at 8:25 PM by The maritime executive The family-owned oil barge company Bouchard Transportation Company, headquartered in Long Island, has informed regulators and its bankruptcy court that it is seeking a buyer. The company, which filed for Chapter 11 protection eight months ago, said it could start layoffs […]
April marked strongest month on record for carriers, analysts say
News and briefs on the trucking for Friday June 11, 2021: Trucking conditions hit new record for carriers in April FTR’s Trucking Conditions Index continued to improve in April, surpassing the previous record set in March.FTR After a record month in March, FTR’s Trucking Conditions Index (ICT) for April hit a new high of 16.82, […]
Carsharer Virtuo raises $ 96M – Rental operations
The online carsharing company is receiving $ 60 million Series C and $ 36 million in asset financing, with AXA Venture Partners leading the round. Photo via Depositphotos. Virtuo, a France-based carsharing startup, has raised $ 96 million to invest in its technology and expand into more European markets, according to a report from Tech […]
Charter the way to the construction of Manono
As lithium supply is expected to run into a deficit over the next few years due to increased demand from the booming electric vehicle sector, where lithium-ion batteries dominate, ASX-listed lithium developer AVZ Minerals is well placed to meet this growing demand for lithium-grade batteries through the development of its Manono lithium and tin project […]
Lordstown Motors’ ‘going concern’ warning scares investors
Band Ben Klayman and Chris Prentice DETROIT / WASHINGTON, June 9 (Reuters) – Lordstown Motors Corp RIDE.O shares fell more than 18% on Wednesday, as investors realized a very different financial situation than the electric truck maker last August when it announced it would go public through ‘a reverse merger with a blank check company. […]
Route network update for VivaAerobus
VivaAerobus in Mexico secures $ 150 million loan from US investor 03.05.2021 – 06:21 UTC VivaAerobus (VB, Monterrey General Mariano Escobedo) announced that “as part of its growth and expansion plans” it has signed an agreement to obtain a loan of 150 million dollars over five years from the management company of alternative investments based […]
Strateos Closes $ 56 Million Series B Funding to Accelerate Deployment of its SmartLab of the Future Platform
New funding led by DCVC and Lux ââCapital will expand next generation of smart lab solutions with direct access to automation to accelerate discovery in life sciences Strateos, Inc., a pioneer in the development of remote access labs and lab control software for life science research, today announced the closing of its 56.1 Series B […]
The best tech stocks to buy right now? 3 to watch in summer 2021
3 Tech Penny Stocks to Watch This Summer As we get closer to June, it’s important to start thinking about which penny stocks you’ll want to invest in during the summer months. There is a well-known seasonal weakness that occurs between May and the end of October. The phrase “Sell in May and Go” is […]
French Naval Group says investment in PH depends on supply contracts – Manila Bulletin
France’s Naval Group (NG), which has been seeking to supply military ships to the Armed Forces of the Philippines, has clearly identified the Philippines as a strong investment prospect for the future, but said it will depend on the type of contracts that ‘he can get from the government. âWe have already started to work […]
Police alerted to paperwork behind Stobart Air deal
Police have been alerted to potential irregularities regarding the planned acquisition of Stobart Air and Carlisle Lake District Airport by a Isle of Man-based bitcoin investor. The move follows an announcement by London-based Esken, formerly known as Stobart Group, of the failure to fund the deal. Ettyl, a start-up airline run by 26-year-old entrepreneur Jason […]
The 5 best used car dealers in Charlotte🥇
Below is a list of the best used car dealers in Charlotte. To help you find the best used car dealers near you in Charlotte, we’ve compiled our own list based on this list of review points. Top Charlotte Used Car Dealers: The top rated Used Car Dealers in Charlotte are: Used car DriveTime – […]
Ocean Infinity chooses DNV’s ShipManager for an innovative robotic vessel
Unmanned Armada Ships, Source: Ocean Infinity Posted on June 4, 2021 at 1:50 PM by The maritime executive Ocean Infinity will implement ShipManager’s modules for planned maintenance, procurement and business intelligence for its advanced fleet of unmanned, low-emission vessels for ocean data capture. Securing reliability âAs part of our efforts to secure the reliability of […]
Triton Announces Repurchase of $ 821 Million Institutional Senior Secured Notes
HAMILTON, Bermuda – (COMMERCIAL THREAD) – (June 2, 2021) Triton International Limited (NYSE: TRTN) today announced that its subsidiary, Triton Container International Limited (âTCILâ), has notified its intention to repurchase approximately $ 821 million in total principal from its outstanding institutional senior secured notes (the âNotesâ). The Notes will be redeemed on June 28, 2021 […]
Old National and first Midwest to merge in $ 6.5 billion deal
TipRanks 3 Strong Buy stocks with 100% upside potential Every stock investor wants a high return; it’s axiomatic, which is why people go public to begin with. But markets are inherently risky, and finding the sweet spot – the right mix of risk and reward – seems as much an art as a science. You […]
Take action against sand erosion on Orange County beaches – Orange County Register
This Memorial Day weekend, thousands of families and visitors will enjoy our beautiful Orange County beaches. They will walk the pier and surf in Huntington Beach, build a bonfire in Newport Beach and play sand volleyball in Seal Beach. Over 50 million people visited Orange County in 2018, generating $ 13 billion in revenue. We […]
Ford goes electric pro for F-150 lighting and more
Ford, which is already helping commercial customers “do it themselves” with the world’s most popular pickup trucks and vans, now plans to redefine those customers’ success with Ford Pro – a global vehicle service and distribution company which will increase uptime and lower costs of ownership. for increased productivity and performance. The new business – […]
Fleet management data offers optimal opportunities
Above: Fleet management software allows dealers to track and manage both their rolling stock and their rental fleet. Programs like HBS Systems’ Net View ECO allow dealers to monitor the work and location of service technicians and their vehicles. According to Greg Bennett of HBS, dealers are also realizing they can “grow their businesses by […]
Black-owned family transport company is determined to succeed
By Karen Stokes Pastor Aaron Robbins and Dr Laci CoppinsRobbins launched A&A Transportation in May 2020 (photo provided by Pastor Aaron Robbins) Pastor Aaron Robbins and his wife, Dr Laci Coppins Robbins, New Company, A&A Services and Transportation, was conceived during a family table discussion, Thanksgiving 2019. âWe were trying to make decisions about what […]
Oil tanker’s impossible trip signals new sanction evasion scheme – Courthouse News Service
FILE – In this file photo from September 8, 2020, vehicles line up near a gas station to fill their tanks in Caracas, Venezuela. (AP Photo / Ariana Cubillos, file) MIAMI (AP) – The Cypriot-flagged tanker Berlina was drifting near the Caribbean island of Dominica earlier this year when safety signals it is required to […]
Five things you need to know about global education this week (May 28, 2021) – world
How Education Cannot Wait has helped five million children in five years – and Mexico is preparing to reopen schools that have been closed since March 2020. Helping children in countries affected by the crisis Education Cannot Wait – the global fund for education in emergencies – marks five years to reach children in some […]
This AI startup puts a fleet of planes in the sky without human pilots
Meet the pilot of tomorrow, today: Credit: Merlin LabsLook at my, no pilot AI startup Merlin Labs today turned off stealth mode to announce a $ 25 million fundraising round and a partnership with Dynamic Aviation to put a fleet of 55 King Air planes in the sky with no humans on board. CEO and […]
Egypt’s transition away from US arms is a matter of national security
Egypt this month announced an agreement with France to purchase 30 French-made F3-R Rafale fighter jets in a $ 5 billion deal. The deal is part of a larger trend in which Egypt buys fewer weapons from the United States and more from Russia and France. Of course, from the American point of view, Russia […]
Lordstown Motors announces first quarter 2021 financial position
LORDSTOWN, Ohio, May 24, 2021 (GLOBE NEWSWIRE) – Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light trucks focused on the commercial fleet market, today released its first quarter 2021 financial results and provided a business outlook. Company highlights Reported a net loss of $ 125 million in the first quarter of […]
New Penny Stocks to Buy in 2021? 3 To watch after the Bitcoin crash
Are the best Penny stocks to watch right now electric car stocks? Some of the best penny stocks to buy recently were those that were exposed to cryptocurrencies. These include everything from Bitcoin and Ethereum to stocks even like Dogecoin. This caused a whole stream of small market trends. Everything from NFT stocks to crypto […]
Three new car dealerships will arrive in Lakeland by the end of June
Over the next two months, Lakeland will get three new car dealerships, two of which are new brands for Polk County. The new dealerships will capitalize on a âhotâ market for the automotive industry. While the pandemic has been devastating for many industries, especially restaurants, bars and retail, dealerships flourished once they were allowed to […]
The future of supersonic private jet maker Aerion is uncertain
Despite building up an order book of $ 11.2 billion, including potential twin engagements of 20 AS2 supersonic private jets from NetJets and Flexjet, Aerion will cease operations unless it finds an 11th hour white knight. Several sources say the Aerion has told its customers that several funding deals have failed and that it will […]
Overview of sustainable development: Wabtec, WMATA – Railway Age
Written by Marybeth Luczak, Editor-in-Chief Wabtec has published a green financing framework, as part of its sustainable development strategy; The Washington Metropolitan Area Transit Authority (WMATA) has issued Climate Bonds Certified Green Bonds, as part of its “commitment to provide sustainable and profitable transportation service to Washington.” [D.C.] Metropolitan area. “ Wabtec Corp. BNSF and […]
Castor Maritime Inc.Announces Reverse Stock Split
LIMASSOL, Cyprus, May 21, 2021 (GLOBE NEWSWIRE) – Castor Maritime Inc. (NASDAQ: CTRM), (âCastorâ or the âCompanyâ), a diverse global shipping company, announces that its board of directors (the âBoard â) Decided to perform a reverse stock split of 1 for 10 of the common shares of the company. The shareholders of the company have […]
Clubhouse is now available worldwide on Android
Bloomberg Don’t fear the downside: the Fed will dominate the treasury market for years (Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics, and subscribe to our podcast Treasure investors worried about when the Federal Reserve will cut bond purchases risk missing out the big picture: its more than $ 5 […]
Will Ford F-150 Lightning Leases Be Good?
The 2022 Ford F-150 Lightning offers attention-grabbing capabilities at a low starting price. But will it be a good vehicle to hire? If the F-150 Lightning offerings turn out to be anything like those of the Mustang Mach-E, we think it’s possible that the all-new EV’s incentives could potentially make it of questionable value to […]
GOGL – First Quarter 2021 Results
Receive instant alerts when news about your stocks is available. Claim your 1-week free trial for StreetInsider Premium here. GOGL – First Quarter 2021 Results Ocean of gold Group Limited (NASDAQ: GOGL / OSE: GOGL) (the “Company” or “Golden Ocean”), a leading dry bulk transportation company, today announced its results for the quarter ended March […]
Valaris Limited announces the award of a Jackup contract
HAMILTON from Bermuda, May 19, 2021 / PRNewswire / – Valaris Limited (NYSE: VAL) today announced it has won an approximately 45-day contract with W&T Offshore in the United States Gulf of Mexico for VALARIS JU-117 (Ralph coffman), a modern and robust jack-up. The contract should start in July 2021. Valaris Verticle Logo (PRNewsfoto / […]
New shipyard for the Lena river
Andrey Tarasenko, Prime Minister of Yakutia, image source: prav.sakha.gov.ru The construction of the Zhatai Shipyard is the only project in Yakutia included in the Russian Federation State Program âDevelopment of Shipbuilding and Facilities for Offshore Fieldsâ implemented under the aegis of the Russian Ministry of Industry and Commerce. The high-tech shipyard will build modern river […]
Grassroots meet high finance in Sitka community shipyard proposal
The map accompanying the Sitka Community Shipyard proposal. If approved, most of the remaining available lots (shown in yellow) could potentially be leased for the project. The Sitka Industrial Park Board of Directors has determined that a basic proposal for a new marine beaching facility is worth pursuing – but wants to clarify a few […]
Fisker and Onto sign agreement to deliver up to 700 vehicles in 2023 to support the growth of next-generation electric mobility | Business
LOS ANGELES & LONDON – (BUSINESS WIRE) – May 18, 2021 – Fisker Inc. (NYSE: FSR) (Fisker) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – today announced a partnership with Onto, the all-inclusive electric car subscription service based in the UK for home and business users. The agreement, […]
Non-profit organization plans to build 160-unit affordable housing project by 2025 • Long Beach Post News
The project was proposed by the Skid Row Housing Trust, a Los Angeles-based nonprofit that has been in existence for over 30 years with 20 similar projects in the works, but it is the only one of its kind in Long Beach. The project site is located at 1401 Boulevard Long Beach. and was titled […]
Presentation of Norwegian maritime leaders at the Capital Link maritime forum
Posted on May 17, 2021 1:49 PM by The maritime executive The Capital Link Maritime Forum – Norway will take place on Wednesday and Thursday May 26-27, 2021 as a digital event from 12:00 p.m. to 5:30 p.m. in Oslo. This event is organized in partnership with DNV, with the support of the Norwegian Shipowners […]
How to Align Your Global Fleet Strategy in North America
North America has a mature fleet market with a strong appetite for telematics and connected car technologies, but there are some challenges when it comes to preparing your global fleet policy in the region. What are they and how can we overcome them? Supported by expert advice from last week’s World Fleet Conference, below is […]
The size of the car rental and finance market will increase momentarily in 2021-2026
The size of the car rental and finance market will increase momentarily in 2021-2026 The latest car rental and finance market report puts companies ahead of the game by offering accurate forecast for this vertical on a regional and global scale. It involves a top-down assessment of different industry segments, highlighting current and future development […]
James Squires explains why NS is “in the business of a better planet”. Information for railway career professionals from Progressive Railroading magazine
The environmental advantage of steel wheels over their 18-wheel equivalents is well known. Our fuel-efficient locomotives move a ton of freight over 440 miles on just one gallon of fuel. This is one of the reasons our customers can reduce their carbon emissions by up to 75% when they choose the train over the truck. […]
Launch of ACES repair for the repair and maintenance of equipment – Maintenance
ACES Repair (The Association for Commercial Equipment Solutions) announced its launch at the Laptop Diesel Truck Repair Virtual Expo on May 7-8, 2021. The Association was created by industry professionals who saw a need and had the vision to be a resource and advocacy organization for heavy truck and commercial equipment repair and maintenance companies. […]
DSG Global and Imperium Motors will start delivering electric vehicles in June and will be finalists for a € 18.3m / US $ 22m bus contract
Receive instant alerts when news about your stocks is available. Claim your 1-week free trial for StreetInsider Premium here. SURREY, British Columbia, May 14, 2021 (GLOBE NEWSWIRE) – DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) is pleased to announce the grand opening of the Experience Center in Fairfield, California. The tentatively scheduled grand […]
Lion Electric selected to participate in the Heritage-Romeo Power fleet electrification program
MONTREAL, May 14, 2021 / CNW / – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (âLion Electricâ), a leading manufacturer of all-electric medium and heavy urban vehicles, today announced that it has been selected for participate in the Heritage-Romeo electric fleet electrification program. The Lion Electric Co. logo (CNW Group / Lion Electric) The […]
Element Fleet Management Corp. Expected to post earnings of $ 0.21 per share after Q2 2021 (TSE: EFN)
Element Fleet Management Corp. (TSE: EFN) – Research analysts at Raymond James lowered their second quarter 2021 EPS estimates for Element Fleet Management shares in a research report released to clients and investors on Wednesday, May 12. Raymond analyst James S. Boland now expects the financial services provider to earn $ 0.21 per share for […]
HYLN STock and the risks of being a venture capitalist
Venture capitalists have a rule. If you buy 10 ideas, 5 will fail, 4 may break even, and 1 will justify the rest. If you got into the Special Purpose Acquisition Company (SPAC) craze last year, you think you’ve become a venture capitalist. You must expect failures. At present, Hyliiion Holdings (NASDAQ:HYLN) stock looks like […]
Around the property and casualty insurance industry: May 12, 2021
News from Duck Creek Technologies, Metromile, Relay Platform and more. (Photo: Shutterstock) Duck Creek Technologies, Inc. introduced the OnDemand Control Hub operational tools for its SaaS customers under license from Duck Creek Policy, Billing, Rating, Claims, Insights and Producer. The Control Hub is a web-based interface that enhances the capabilities of carrier IT operations teams […]
4MATIV and NuGen Go Announce Revolutionary Strategic Partnership to Ensure Transportation is Not a Barrier to High Quality Education | Business
ST. PAUL, Minnesota – (BUSINESS WIRE) – May 11, 2021 – 4MATIV Technologies (“4MATIV”), a leader in mobility solutions for educational transportation and a trusted partner of K12 public school districts, charter schools and independent schools across the United States, has announced a strategic partnership with NuGen Go, a leading investment company in electric transport […]
XL Fleet Confirms Changes to Accounting Treatment of Mandates Following SEC Statement | Business
BOSTON – (BUSINESS WIRE) – May 11, 2021 – XL Fleet Corp. (NYSE: XL) (âXL Fleetâ or the âCompanyâ), a leading provider of fleet electrification solutions for commercial vehicles in North America, today announced that, following a released statement by the Staff of the US Securities and Exchange Commission of April 12, 2021 concerning the […]
Singapore Stock Exchange Expected to Extend Monday’s Losses
(RTTNews) – Singapore’s stock market on Monday ended a two-day winning streak in which it had gained more than 45 points or 1.5%. The Straits Times Index now sits just above the 3180 point plateau and it could take further damage on Tuesday. Global forecasts for Asian markets are weak, tech stocks should lead markets […]
WILLSCOT MOBILE MINI: 10-K / A – Management Discussion and Analysis of Financial Position and Results of Operations
The following Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) is intended to help the reader understand WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini”), formerly known as WillScot Corporation (“WillScot”), our operations and our present business environment. MD&A is provided as a supplement to, and should be read in conjunction […]
Enel X launches offer to power Australia’s electric bus revolution
Energy technology company Enel X is bringing its electric bus charging infrastructure and services to Australia, with the aim of riding the wave of electrification to come in the country’s public transport sector this decade. The NSW government announced last year that it wanted its entire 8,000-person bus fleet to be electric by 2030. Earlier […]
[Contribution] Support Korean companies in their ESG journey
ESG, the environmental, social and governance aspects of a business, has quickly become one of the hottest topics in the corporate and financial sectors in Korea. Faced with the urgent need to tackle climate change and social inequalities, companies are preparing to make positive change. One of the reasons for the emergence of this trend […]
Government of India and European Investment Bank sign financing contract for second tranche of € 150 million for Pune metro project
Ministry of Finance Government of India and European Investment Bank sign financing contract for second tranche of ⬠150 million for Pune metro project Posted on: 07 MAY 2021 19:38 PM by PIB Delhi The Government of India (GoI) and the European Investment Bank (EIB) today signed the financing contract for the second tranche of […]
GoI and EIB sign financing contract for second tranche of € 150 million for Pune metro project
The Government of India (GoI) and the European Investment Bank (EIB) signed the financing contract for the second tranche of 150 million euros of the Pune Metro Rail project through a virtual signing ceremony New Delhi: The Government of India (GoI) and the European Investment Bank (EIB) today signed the financing contract for the second […]
Sino Jet named Asia-Pacific’s largest fleet for the second time | Taiwan News
Passenger safety remains the top priority HONG KONG SAR – Media OutReach – May 7, 2021 – Sino Jet was once again recognized as Asia’s largest business jet operator by Asian Sky Group recently released the 2020 Fleet Report. Sino Jet is the operator with the largest fleet in Asia for the second time in […]
CompuGroup Medical Profits From Healthcare Digitization With Dynamic Growth In Q1
DGAP-News: CompuGroup Medical SE & Co. KGaA / Keyword (s): Quarterly results06.05.2021 / 07:24 The issuer is solely responsible for the content of this advertisement. Koblenz. CompuGroup Medical SE & Co. KGaA (CGM) announces a good start to 2021. Especially in the context of the COVID-19 pandemic, the Koblenz-based company – one of the world’s […]
Better Buy: Boeing or the 30 Dow Jones Stocks? | Personal finance
The Dow is a unique stock index The Dow Jones is a bit wacky when it comes to major stock indexes. Firstly, it only contains 30 titles, which means that it is much more exposed to individual farms than the S&P 500 or the Nasdaq Composite. The Dow also has a new approach to weighting. […]
Justice Enacts Fossil Fuel Bills, Lets Solar Bill Become Unsigned Law | Energy and environment
Governor Jim Justice signed bills intended to help the coal, oil and gas industries while allowing a solar-friendly bill to become law without his signature. The justice enacted Senate Bill 542 on Wednesday, which requires coal-fired power plants owned by electric utilities to maintain at least 30 days of contracted coal supply over the life […]
Singapore Airlines Secures S $ 2 Billion In Sale Leaseback | New
Singapore Airlines has raised S $ 2 billion ($ 1.5 billion) in sale and leaseback transactions involving 11 aircraft. Carrier Star Alliance reveals that four different lessors – such as Dublin-based Aergo Capital and aircraft finance company Altavair – have been involved in the deals, which involve seven Airbus A350-900s and four Boeing 787-10s. Lessors […]
SkyWest Profits With Strongly Coming Embraer E175s
SkyWest made a profit in the first quarter of 2021. With a net profit of $ 36 million, SkyWest took advantage of its business model, which focuses on flying small regional jets for major US airlines. With this model, the airline has to focus less on profit and loss on individual routes. One of the […]
Amtrak says a lot for Congress
Written by William C. Vantuono, Editor-in-Chief Amtrak has submitted its general and legislative annual report for fiscal 2002 and its five-year plan to Congress and the USDOT. The FY22 grant application proposes $ 3.88 billion for basic needs and funding to offset the impacts of the pandemic on Amtrak and its state and suburban partners. […]
Route network update for Fiji Airways
New lockdown ends Fiji Airways and Fiji Link flights 04/23/2021 – 06:04 AM UTC Fiji Airways (FJ, Nadi) and Fiji Link (FJA, Nadi) have canceled some domestic services as well as international repatriation flights in accordance with a 14-day COVID-19 lockdown in the country. Containment measures have been stepped up following the first case of […]