Forward Air Announces Largest Ever Rate Increase for Leased Capacity Providers
GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced the largest ever rate-per-mile increase to its independent contractor fleet within its LTL and […]
PPG Extends Tender Offer Period for Tikkurila
PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced that it is extending the tender offer period for all issued and outstanding shares of Tikkurila Oyj (NASDAQ OMX:TIK1V) to April 14, 2021. The tender offer period, which commenced on January 15, 2021, was scheduled to expire on March 30, 2021. As previously announced, the European Commission and the Ministry […]
J.D. Power and LMC Automotive U.S. Automotive Forecast for March 2021
Despite Lean Inventory, Auto Industry Breaks Multiple Records In First Quarter Thanks to Strong Retail Demand TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for the month of March are expected to show growth over March 2020 and March 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail […]
Faraday Future Announces it has Raised $100 Million in Debt Financing to Help Advance the Countdown to FF 91 Delivery, Following the Signing of the Merger Agreement with Property Solutions Acquisition Corp (PSAC)
The new round of debt financing will be used to fund operations and accelerate the FF 91 program even further, including the start-up of manufacturing at FF’s production facility in Hanford, California The financing will also fund additional product testing and vehicle technology system upgrades, enhance supply chain, and will advance the China business operations […]
Sudbury Steelworkers Laud New Investments, Seek a New Deal from Vale in Bargaining
SUDBURY, Ontario–(BUSINESS WIRE)–#USWWorks–Sudbury Steelworkers are looking to Vale to “walk the talk” at the bargaining table. “Steelworkers are pleased to hear Vale’s positive tone and praise of its employees during its Chamber of Commerce presentation on March 23. This is great news for the region of Sudbury,” said Nick Larochelle, President of United Steelworkers (USW) […]
Micro-Mobility Leader, Helbiz, Awarded Sub-Permit to Expand Fleet of E-Scooters in Atlanta, Georgia
Sub-permit provides further credibility around the company’s safe micro-mobility offerings 1,240 e-scooters on the ground in the coming weeks ATLANTA–(BUSINESS WIRE)–Helbiz, a leader in micro-mobility and the business combination target of GreenVision Acquisition Corp. (Nasdaq: GRNV), today announced it has been awarded a sub-permit to increase its Atlanta fleet of safe and innovative e-scooters by […]
Microvast Expands Into French E-bus Market
Expansion in French e-bus market with local bus OEM SAFRA Framework supply of lithium-ion battery systems 3 year agreement with product delivery starting March 2021 Potential further collaboration in fuel-cell and retrofit bus business HOUSTON–(BUSINESS WIRE)–Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles that recently announced a planned business […]
United States Precision Parts Market 2021-2026: Opportunities in the Rising Prominence Of EVs in US, Application of Additive Manufacturing Across Industries & Industry 4.0 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “U.S. Precision Parts Market 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The U.S. precision parts market by revenue is expected to grow at a CAGR of over 12% during the period 2021-2026. The U.S. market is likely to grow due to the increasing prominence of electric vehicles (EV). Significant updates in regulations […]
Fisker and Crédit Agricole Consumer Finance Sign a Green Memorandum of Understanding for Delivery of Fisker Ocean Electric Vehicles
Agilauto, a division of Crédit Agricole Consumer Finance in France, to offer Fisker Ocean through programs for Crédit Agricole Group employees and the private banking market, reinforcing company’s commitment to zero emission vehicles LOS ANGELES & PARIS–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (Fisker) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and […]
Coming to a Crossroads: CP-Kansas City Southern merger could see more efficient auto supply chain, experts say
Toronto, Ontario — A big acquisition in the world of railway shipping is giving off a glimmer of hope for auto industry experts who are hoping that Canadian Pacific Railway Ltd.’s agreement to buy Kansas City Southern could lead to a smoother supply chain between Canada and the U.S. “Rail is a key piece of […]
