Wheels Up Announces Increased Revenue for First Quarter 2023

Board member Ravi Thakran named Executive Chairman; CFO Todd Smith named Interim CEO Flight program changes to benefit members and strengthen path to profitability NEW YORK, May 9, 2023 /PRNewswire/ — Wheels Up Experience Inc. (NYSE:UP) today announced financial results for the first quarter, which ended March 31, 2023. First Quarter 2023 Highlights Revenue increased $26 million… Continue reading Wheels Up Announces Increased Revenue for First Quarter 2023

Aras Enables JTEKT to Transform Made-to-Order Operations, Increase Flexibility

Japanese heating system company optimizes information management with Aras Innovator ANDOVER, Mass., May 9, 2023 /PRNewswire/ — Aras, which provides the most powerful low-code platform with applications to design, build and operate complex products, today announced that Japan’s JTEKT Thermo Systems is using Aras Innovator to improve information management and eliminate paper-based workflows. JTEKT is… Continue reading Aras Enables JTEKT to Transform Made-to-Order Operations, Increase Flexibility

Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2023

HAMILTON, Bermuda, May 9, 2023 /PRNewswire/ — Ardmore Shipping Corporation (NYSE: ASC) (“Ardmore”, the “Company” or “we”) today announced results for the three months ended March 31, 2023. Highlights and Recent Activity Reported net income of $43.3 million for the three months ended March 31, 2023, or $1.06 earnings per basic share and $1.04 earnings per diluted… Continue reading Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2023

ECARX Accelerates Next Generation of In-Vehicle Computing; Partners with Unreal Engines

New suite of products and cutting-edge partnership will overhaul the in-vehicle experience, pioneering a new era of intelligent vehicles NEW YORK, May 9, 2023 /PRNewswire/ — ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), today formally announced during its inaugural investor day a suite of new groundbreaking products that will push the boundaries of the driver experience. Among… Continue reading ECARX Accelerates Next Generation of In-Vehicle Computing; Partners with Unreal Engines

First ECARX Investor Day to Showcase Latest Innovations and Growth Strategy

Executives to Review ECARX’s Vision, Strategy, and Execution NEW YORK, May 9, 2023 /PRNewswire/ — Today, ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), will host its inaugural investor day in New York City. The event will feature presentations from leadership and provide an updated view of the company’s growth strategy, capital allocation plans, and product pipeline, followed… Continue reading First ECARX Investor Day to Showcase Latest Innovations and Growth Strategy

SMX and Continental Release Second Application for Natural Rubber

NEW YORK, May 9, 2023 /PRNewswire/ — SMX (Security Matters) plc (NASDAQ: SMX) (NASDAQ: SMXWW) is pleased to announce that, continuing its collaboration with Continental, they are enabling automotive companies the ability to identify and verify ethical sourcing of natural rubber and to demonstrate a higher level of responsibility and certification of premium natural rubber products,… Continue reading SMX and Continental Release Second Application for Natural Rubber

HevenDrones and RV Connex Sign Memorandum of Understanding to Build National Smart Drone Ecosystem in Thailand

Hydrogen-powered actionable drone manufacturer and Thai technology incubator express joint commitment to advancing Defense, Cyber, IoT and Logistics infrastructure across Thailand in accordance with the country’s 20-year national strategy  MEVO CARMEL, Israel and BANGKOK, Thailand , May 9, 2023 /PRNewswire/ — HevenDrones, a leader in hydrogen-powered actionable drones for commercial and military use, and RV Connex,… Continue reading HevenDrones and RV Connex Sign Memorandum of Understanding to Build National Smart Drone Ecosystem in Thailand

Armstrong Transport Group Named a Top 20 Brokerage Firm by Transport Topics

CHARLOTTE, N.C., May 9, 2023 /PRNewswire/ — Armstrong Transport Group (“Armstrong,” or the “Company”), a leading non-asset-based logistics provider, proudly earned a #19 ranking on this year’s Transport Topics Top Brokerage Firms list. Based on gross revenue, the list is an annual ranking of the largest 3PL organizations in the U.S., placing Armstrong among the… Continue reading Armstrong Transport Group Named a Top 20 Brokerage Firm by Transport Topics

Nikola Corporation Reports First Quarter 2023 Results

Reprioritizing and refocusing the company on North America, hydrogen fuel cell electric truck, HYLA hydrogen refueling business, and autonomous technologies Orders received from 12 customers for 140 Nikola hydrogen fuel cell electric trucks In May, executed joint development agreement with Voltera to develop up to 50 HYLA hydrogen refueling stations Reported GAAP net loss per… Continue reading Nikola Corporation Reports First Quarter 2023 Results

LOGISTEC NAMED ONE OF CANADA’S BEST MANAGED COMPANIES

The company joins prestigious list of Canada’s Best Managed Companies. MONTRÉAL, May 9, 2023 /PRNewswire/ – LOGISTEC Corporation (“LOGISTEC”), a leading marine and environmental services provider, has won the 2023 Canada’s Best Managed Companies award. This award recognizes LOGISTEC’s outstanding business performance, continuous sustained growth, bold strategy, and culture of innovation. Continue Reading Logo Best Managed –… Continue reading LOGISTEC NAMED ONE OF CANADA’S BEST MANAGED COMPANIES