Large-scale logistics centers will be built in strategic logistics and distribution hubs, including Chicago and New Jersey. CJ Logistics will provide the land for these centers, which collectively cover an area equal to 50 soccer fields, while KOBC will secure the necessary funding for the construction. The logistics centers are expected to serve as strategic… Continue reading CJ Logistics and Korea Ocean Business Corporation to Invest up to $457 Million in Creating Large-scale Logistics Centers in the US
Tag: People
Electrifying Changes Coming to Leith Chrysler Jeep
RALEIGH, N.C., June 28, 2023 /PRNewswire/ — Leith Chrysler Jeep is tripling the number of electric charging stations it has on site. Relying on just two chargers for the past four years, an additional six chargers, supplied by Michigan-based Future Energy, will soon be installed. The new stations will include a mix of regular and fast… Continue reading Electrifying Changes Coming to Leith Chrysler Jeep
Automotive Legend Richard Petty and Motorcycle Builder Billy Lane Unite to Launch Groundbreaking Rat Rod Kart Build-off Among High Schools
The NASCAR legend and celebrity bike builder will mentor Minnesota high schools as they build go-karts with Northern Tool + Equipment’s new NorthStar engine BURNSVILLE, Minn., June 28, 2023 /PRNewswire/ — Motivated by a passion for the trades, NASCAR legend Richard Petty and celebrity motorcycle builder Billy Lane are spending the next year mentoring students… Continue reading Automotive Legend Richard Petty and Motorcycle Builder Billy Lane Unite to Launch Groundbreaking Rat Rod Kart Build-off Among High Schools
Partnership between PURE, Relay Payments, and Amous TMS reduces fuel fraud and modernizes fleet operations
ATLANTA, June 28, 2023 /PRNewswire/ — With a focus on technology, efficiency, and security for fleets and drivers, PURE Freight Lines LTD, an award-winning logistics and transportation firm, is announcing new partnerships with Relay Payments and Amous TMS. The three-way collaboration reflects PURE’s focus on modernizing operations and reducing diesel fuel fraud that costs the carrier… Continue reading Partnership between PURE, Relay Payments, and Amous TMS reduces fuel fraud and modernizes fleet operations
AKAM ANNOUNCES KEY EXECUTIVE HIRES AND PROMOTIONS, REAFFIRMING COMMITMENT TO WORLD-CLASS TALENT
NEW YORK, June 28, 2023 /PRNewswire/ — AKAM, the property management and brokerage company with a 40-year history of cultivating thriving communities, today reaffirmed its commitment to world class talent with its announcement of key executive hires and promotions, allowing AKAM to deliver even more value to clients. Continue Reading New to AKAM are Chief… Continue reading AKAM ANNOUNCES KEY EXECUTIVE HIRES AND PROMOTIONS, REAFFIRMING COMMITMENT TO WORLD-CLASS TALENT
Progressive’s 36 Discounts Leave the Competition Behind
TAMPA, Fla., June 28, 2023 /PRNewswire/ — According to a recent comprehensive guide to auto insurance discounts, AutoInsurance.org discovered that Progressive offers more discounts than anyone else. Farmers comes in at a close second. There’s more to discounts than the number of available options, though. The discount percentage and the ability to stack discounts are factors… Continue reading Progressive’s 36 Discounts Leave the Competition Behind
Vietnam’s Truong Hai mulls stake sale in $5b automotive armThe group could be selling about 20% in Thaco Auto.
Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at around $5 billion, two people familiar with the matter said. Truong Hai Group is in talks with a financial advisor to explore the… Continue reading Vietnam’s Truong Hai mulls stake sale in $5b automotive armThe group could be selling about 20% in Thaco Auto.
FTX initiates talks with investors to revive international crypto exchange: WSJ
Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray. The company “has begun the process of soliciting interested parties to the reboot of the FTX.com exchange,” Ray said, according to the Journal’s report. The failed crypto company has been holding talks with… Continue reading FTX initiates talks with investors to revive international crypto exchange: WSJ
India: Tech-focused Epiq Capital closes second fund at $225m
Growth- and late-stage tech investment firm Epiq Capital, a backer of startups including PristynCare, Lenskart, Curefit, and Dailyhunt, announced on Wednesday that it has secured the final close of its second fund at $225 million. The second fund, Epiq Capital II, was oversubscribed as it was initially targeting to raise $200 million, the firm said… Continue reading India: Tech-focused Epiq Capital closes second fund at $225m
GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC
GMF Media to have Controlling Majority Stake in the World’s Largest Motorsport Racing and Automotive Digital Platform NEW YORK, June 28, 2023 /PRNewswire/ — GMF Capital (GMF), the family office for Gary Fegel and a leading private investment firm, today announced it has completed the acquisition of Motorsport Network Media LLC (MSNM), a global digital… Continue reading GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC