ArcBest Helps Bridge the Gap Between Robotics and Logistics Using NVIDIA Technology
ArcBest leverages NVIDIA Isaac Perceptor to advance its AI offerings, transform material-handling technology and shape the future of the supply chain FORT SMITH, Ark.–(BUSINESS WIRE)–Today, ArcBest® (Nasdaq: ARCB), a leading logistics company, announced a collaboration with NVIDIA that uses the ArcBest is bringing the NVIDIA Isaac Perceptor platform for AMRs — cutting-edge machine vision technology […]
Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook
Event outlines Company’s strategy to drive profitable growth and provides outlook through fiscal year 2026 AKRON, Ohio–(BUSINESS WIRE)–Myers Industries, Inc. (NYSE: MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel, and under-vehicle service industry, will host its 2024 Investor Day event tomorrow morning at the […]
Oshkosh Corporation to Nominate Annette Clayton for Election to Board of Directors
OSHKOSH, Wis.–(BUSINESS WIRE)– “The Oshkosh Board is pleased to nominate Annette, a proven chief executive in the industrial, energy management and technology sectors, for election to our Board,” said Stephen D. Newlin, chairman of the board of Oshkosh. “Annette will bring valuable insights and considerable, relevant expertise to the Board as Oshkosh continues to execute […]
Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”). Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million […]
Aeva Technologies, Inc.’s Reverse Stock Split Becomes Effective
Aeva Common Stock to Begin Trading on a Split-adjusted Basis on March 19, 2024 MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– As a result of the reverse stock split, every five issued and outstanding shares of Aeva’s common stock was automatically reclassified into one issued and outstanding share of Aeva’s common stock. No fractional shares were issued as […]
Data Broker Breaks: Reports indicate automakers are sharing consumers’ driving behaviour with data brokers and insurance companies
Toronto, Ontario — Vehicle manufacturers share driving information with data brokers such as LexisNexis, who then share the information with insurance companies, states a recent New York Times report. The article specifically describes how Chevrolet Bolt owner, Kenn Dahl discovered how increases to his car insurance were in part related to data broker figures and […]
Building for a Birthday Bash: CARSTAR Canada to celebrate 30 years with July conference in Victoria, B.C.
Victoria, British Columbia — CARSTAR Canada is celebrating its 30th anniversary by hosting the 2024 CARSTAR Conference: Velocity. According to a recent press release, this conference “will honour the many achievements of (the) Canadian CARSTAR franchise network in style while setting the stage for the next 30 years of success.” The conference will be held […]
Tuesday Ticker: Fisker pauses production, aims to raise US$150 million in funds; while Ont. Premier teases ‘banner year’ for auto industry
Toronto, Ontario — In this weekly economics report, Fisker announces its plan to pause EV production amid bankruptcy rumours and other financial decisions from the company, while Ontario Premier Doug Ford teases a “banner year” for the industry, thanks to jobs in the EV supply chain. Fisker’s finances Electric vehicle maker Fisker is pausing EV […]
