Category: Official Press Release

Skanska improves subway stations in New York, USA, for USD 150M, about SEK 1.5B

STOCKHOLM, Oct. 11, 2022 /PRNewswire/ — Skanska and its joint venture partner, Railroad Construction Company, signed a contract with the Metropolitan Transportation Authority to make improvements on subway stations in New York, New York, USA. Skanska’s share of the contract is worth USD 150M, about SEK 1.5B, which will be included in the US order bookings… Continue reading Skanska improves subway stations in New York, USA, for USD 150M, about SEK 1.5B

Hammocks Market Size to Grow by USD 724.54 Mn, leisure Products Market Categorized as Parent Market – Technavio

NEW YORK, Oct. 11, 2022 /PRNewswire/ — The global hammocks market has been categorized as a part of the global leisure products market within the global household durables market. The parent market, the global leisure products market, covers a variety of categories, including musical instruments, sports equipment, recreational vehicles, camping equipment, bicycles, toys, and other… Continue reading Hammocks Market Size to Grow by USD 724.54 Mn, leisure Products Market Categorized as Parent Market – Technavio

Wego: Get Ready to Experience a Winter Fairytale in Azerbaijan

An Array of unforgettable winter experiences await travelers Searches from the GCC to Azerbaijan surged by 640% between April to June 2022 in comparison with the previous year DUBAI, UAE, Oct. 11, 2022 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), and Azerbaijan Tourism Board provide unforgettable… Continue reading Wego: Get Ready to Experience a Winter Fairytale in Azerbaijan

Ride Hailing Services Market to observe USD 44.17 Bn incremental growth; Beijing Xiaoju Technology Co. Ltd., BMW AG, and Carshare Australia Pty Ltd. emerge as key vendors — Technavio

NEW YORK, Oct. 10, 2022 /PRNewswire/ — The global ride hailing services market size is expected to grow by USD 44.17 billion between 2020 and 2025. However, the growth momentum in the market is expected to decelerate at a CAGR of 13.53% during the forecast period. The report identifies Beijing Xiaoju Technology Co. Ltd., BMW… Continue reading Ride Hailing Services Market to observe USD 44.17 Bn incremental growth; Beijing Xiaoju Technology Co. Ltd., BMW AG, and Carshare Australia Pty Ltd. emerge as key vendors — Technavio

Mobility Demand Market to grow by USD 198.21 by 2026, Growing Interest In Self-driving Vehicles to Boost Market Growth – Technavio

NEW YORK, Oct. 10, 2022 /PRNewswire/ — The Mobility Demand Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the mobility demand market between 2021 and 2026 is USD 198.21 billion. To get… Continue reading Mobility Demand Market to grow by USD 198.21 by 2026, Growing Interest In Self-driving Vehicles to Boost Market Growth – Technavio

Trip.com data reveals APAC and European travellers hurry to book trips to Japan as it announces the end of travel restrictions

TOKYO, Oct. 10, 2022 /PRNewswire/ — Trip.com data reveals an enormous booking spike and high search volumes to Japan as the destination ends travel restrictions. Bookings to Japan from South Korea increased by a massive 194% on those made in August, followed by a 183% increase in bookings from the UK, 169% in bookings from Spain… Continue reading Trip.com data reveals APAC and European travellers hurry to book trips to Japan as it announces the end of travel restrictions

Cummins drives domestic green hydrogen economy forward with first U.S. electrolyzer manufacturing facility

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) will begin producing electrolyzers in the United States, underscoring the company’s continued dedication to advancing the nation’s green hydrogen economy. Electrolyzer production will take place in Fridley, Minnesota, starting at 500 megawatts (MW) of manufacturing capacity annually, scalable to 1 gigawatt (GW) in the future. “Expanding Cummins’ electrolyzer manufacturing… Continue reading Cummins drives domestic green hydrogen economy forward with first U.S. electrolyzer manufacturing facility

Allison Transmission Introduces the eGen Force™ Electric Hybrid Propulsion System for Armored Combat Vehicles

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to introduce the eGen Force™ electric hybrid propulsion system for tracked combat vehicles. Designed for 50-ton tracked vehicles, the eGen Force meets the requirements for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program. The… Continue reading Allison Transmission Introduces the eGen Force™ Electric Hybrid Propulsion System for Armored Combat Vehicles