OSI Systems Receives $5 Million Award for Port Security Solutions
HAWTHORNE, Calif.–(BUSINESS WIRE)–OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $5 million from a Latin American customer to provide cargo and vehicle inspection solutions, including installation and integration support. Among the solutions to be provided are the Eagle® P60 high-energy, […]
Fisker Announces Receipt of Notice of Late Filing from NYSE
LOS ANGELES–(BUSINESS WIRE)– The NYSE informed the Company that, under NYSE rules, the Company will have six months from November 14, 2023 to file the Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Form 10-Q. If the Company […]
Lightning eMotors Reports Record Revenue for the Third Quarter of 2023
GAAP revenue of $12.4 million, the highest quarterly revenue in company history Adjusted revenue of $12.7 million from sales of 110 units, excluding the final $0.3 million adjustment for legacy recall-related costs from earlier in the year Produced 55 units during the quarter, all of which were complete vehicles Net loss of $50.7 million during […]
Schneider becomes first major carrier to achieve 1 million zero emission miles with the Freightliner eCascadia
The transportation leader is reducing its carbon footprint and offering customers opportunities to lower emissions GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the carrier’s battery electric vehicle (BEV) fleet has hit the impressive milestone of hauling more than 1 million zero emission […]
Greenbriar Announces Recapitalization of VIVE Collision from Garnett Station Partners, Positioning the Company for Further Growth
New investment in rapidly expanding collision repair platform broadens Greenbriar’s footprint in the auto aftermarket sector GREENWICH, Conn.–(BUSINESS WIRE)–Greenbriar Equity Group, L.P. (“Greenbriar”) today announced that funds managed by Greenbriar recently completed the growth recapitalization of VIVE Collision (“VIVE” or the “Company”), a leading multi-site collision repair operator, in partnership with the Company’s management and […]
Revving Up Your Workforce: Fix Network Canada talks technician shortage in this upcoming webinar
Toronto, Ontario — It’s no secret that Canada is experiencing a shortage when it comes to training, hiring and maintaining automotive technicians. As the automotive landscape undergoes rapid technological advancements, the demand for skilled technicians has never been higher. Join Fix Network Canada and Collision Repair magazine on December 13 at 1pm EST, for a […]
Bye to Boutin: Volkswagen Canada President, CEO Pierre Boutin departs role
Toronto, Ontario — Pierre Boutin, the president and CEO of Volkswagen Group Canada, announced last week that he is leaving the company after almost four years to pursue a new challenge in Europe. Boutin’s notable achievements with Volkswagen Group Canada include securing a $7 billion investment agreement for an electric battery vehicle plant in St. […]
Welcomes of the Week: Fix Network welcomes Fix Auto Saint-Eustache
Blainville, Quebec — Fix Auto is pleased to announce the addition of Fix Auto Saint-Eustache to its growing network of collision repair centres in Quebec. Daniel Roy—who has worked in the automotive industry since 1981—founded his first service point in Les Cèdres in 1992 with his wife Linda, and has now expanded services to the […]
A Bolstered Blend: Solera reports that changes to blend refinish threshold are fully implemented
Toronto, Ontario — In a recent announcement, Audatex/Solera has reported that changes to its blend refinish threshold are fully implemented. According to a recent announcement, Audatex/Solera has successfully implemented its shift away from previously defaulted blend refinish formulas within its estimating system, with the aim of giving repairers more flexibility on labour hours charged. While […]
