CLEVELAND, Dec. 16, 2021 /PRNewswire/ — Sweeping Corporation of America (“SCA”), the largest power sweeping company in the United States, acquired Venco Power Sweeping, Inc. (“Venco” or the “Company”). Venco, located in Oxnard, California, provides sweeping services to municipal entities, contractors, and commercial customers in Southern California. Terms of the transaction were not disclosed. “Venco has… Continue reading SWEEPING CORPORATION OF AMERICA ACQUIRES VENCO POWER SWEEPING
Author: PR Newswire Online News
LongueVue Capital Invests in Wagner Logistics
NEW ORLEANS, Dec. 16, 2021 /PRNewswire/ — Wagner Logistics, a third-party logistics company, is pleased to announce that it has partnered with LongueVue Capital (“LVC”), a New Orleans-based private equity firm to recapitalize the business and provide growth capital to fund the Company’s continued expansion. Headquartered in North Kansas City, MO, Wagner is an asset-light third-party… Continue reading LongueVue Capital Invests in Wagner Logistics
Electric Corner Modules Show Potential to Integrate Powertrain, Suspension, and Steering Systems in Autonomous Vehicles
“Purpose-built vehicles such as autonomous delivery vans, robo-taxis, and eShuttles need increased usable volume for cargo or passengers, making ECM-equipped vehicles ideal as they can carry up to 30% more volume as a similar-sized vehicle,” noted Thirumalai Narasimhan, Senior Research Analyst, Mobility Practice at Frost & Sullivan. “ECMs can be updated over the air for… Continue reading Electric Corner Modules Show Potential to Integrate Powertrain, Suspension, and Steering Systems in Autonomous Vehicles
Frost & Sullivan Honors Disruptive Organizations in the Region with Prestigious Industry Awards
Congratulating the winners and recognizing their best-in-class performance, Sapan Agarwal, Senior Vice President at Frost & Sullivan, noted that the award recipients have refused to succumb to infinite challenges presented by the pandemic. “Given how challenging the past 2 years have been, what our awardees have achieved is nothing short of incredible. We look forward… Continue reading Frost & Sullivan Honors Disruptive Organizations in the Region with Prestigious Industry Awards
Modern Aviation Closes Acquisition of FBO in San Juan, Puerto Rico
NEW YORK, Dec. 16, 2021 /PRNewswire/ — Modern Aviation today announced it has closed the acquisition of Hill Aviation LLC, which includes FBO and MRO operations at Fernando Luis Ribas Dominicci Airport (Isla Grande Airport/TJIG) in San Juan, Puerto Rico and a satellite FBO operation at Jose Aponte de la Torre Airport (TJRV) in Ceiba,… Continue reading Modern Aviation Closes Acquisition of FBO in San Juan, Puerto Rico
Ahead of series production, Ibeo presents mass production-ready, solid-state sensor solutions at CES
HAMBURG, Germany, Dec. 16, 2021 /PRNewswire/ — Ibeo Automotive Systems, the Hamburg-based automotive lidar (Light Detection And Ranging) specialist, will present a range of innovative technology solutions related to autonomous mobility at the world’s leading trade fair for new technologies, CES Las Vegas, in January. They will give live demonstrations of the ibeoNEXT, a real… Continue reading Ahead of series production, Ibeo presents mass production-ready, solid-state sensor solutions at CES
Ontario International passenger volume near pre-COVID level in November as airport surpassed 4 million travelers for 2021
The number of domestic passengers increased by 124% compared to November 2020, while international travel volume nearly doubled. From January through November, passenger volume totaled 4,029,441 – 71.6% higher than the same period in 2020. The numbers of domestic and international travelers increased by 73.6% and 21.5%, respectively. “Ontario International continued on its strong… Continue reading Ontario International passenger volume near pre-COVID level in November as airport surpassed 4 million travelers for 2021
MOTIONAL AND UBER ANNOUNCE PARTNERSHIP FOR AUTONOMOUS DELIVERIES
Motional will use its next-generation autonomous vehicle, the all-electric Hyundai IONIQ 5-based robotaxi, with in-vehicle modifications in place to enable autonomous deliveries. This will be the first time Motional’s SAE Level 4 vehicles are used for delivery applications, and signals the company’s evolution to a dual-purpose product strategy. “Today, Motional enters the autonomous delivery market,”… Continue reading MOTIONAL AND UBER ANNOUNCE PARTNERSHIP FOR AUTONOMOUS DELIVERIES
Zengine™ Provides Peace-of-Mind Behind the Wheel
Recently launched, Zengine™ is a state-of-the-art testing and analysis service to enable individuals to understand the condition of their engine and oil in anything from cars to motorcycles and even pleasure boats. It is like a blood test for engines that gives individuals detailed information and provides peace of mind for owners, sellers, and buyers… Continue reading Zengine™ Provides Peace-of-Mind Behind the Wheel
Completion of Transaction: Avia Solutions Group Has Formed a Strategic Partnership with Certares Through a €300 Million Investment in the Group
The transaction was completed after Avia Solutions Group received all required regulatory approvals in relation to the investment. Avia Solutions Group intends to use the net proceeds from this offering for strategic acquisitions, capital expenditures and general corporate purposes. Certares’ participation in Avia Solutions Group’s Board of Directors will further strengthen the governance of the… Continue reading Completion of Transaction: Avia Solutions Group Has Formed a Strategic Partnership with Certares Through a €300 Million Investment in the Group