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Westport (WPRT) Incurs Wider-Than-Anticipated Loss in Q4

Westport Fuel Systems Inc. WPRT incurred a loss of 10 cents per share in fourth-quarter 2022, wider than the Zacks Consensus Estimate of a loss of 6 cents. The company had posted an EPS of 4 cents for the year-ago period. Westport registered consolidated revenues of $78 million in the quarter, topping the Zacks Consensus Estimate… Continue reading Westport (WPRT) Incurs Wider-Than-Anticipated Loss in Q4

Westport (WPRT) Incurs Wider-Than-Anticipated Loss in Q4

Honda (HMC) Recalls Nearly 500,000 Vehicles Over Safety Issue

Honda Motor Co. HMC is recalling some of its latest light vehicles and SUV models in United States and Canada due to manufacturing issues that could prevent front seat belts from latching properly. Overall, 448,613 vehicles are covered by the recall in the United States. The models that are part of the recall are 2017-2020… Continue reading Honda (HMC) Recalls Nearly 500,000 Vehicles Over Safety Issue

Westport (WPRT) Incurs Wider-Than-Anticipated Loss in Q4

Via confirms it’s acquired trip planning app Citymapper to boost its transit tech

Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned to make acquisitions to grow its transportation technology stack. Now, a piece of that strategy is falling into place: today the company is announcing its acquisition of Citymapper, the London startup that produces a popular… Continue reading Via confirms it’s acquired trip planning app Citymapper to boost its transit tech

Global Automatic Number Plate Recognition Systems Market to Reach $6.9 Billion by 2030

NEW YORK, March 16, 2023 /PRNewswire/ — The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front… Continue reading Global Automatic Number Plate Recognition Systems Market to Reach $6.9 Billion by 2030

No agreement on textiles and clothing: IG Metall intensifies warning strikes

Frankfurt am Main/Kaarst – After an unsuccessful third collective bargaining agreement in Kaarst (NRW), IG Metall wants to intensify the warning strikes in the West German textile and clothing industry. Negotiator Miriam Bürger was disappointed after the eight-hour meeting on Wednesday evening: “Employers are blocking central issues of the employees. In particular, they refuse long-term… Continue reading No agreement on textiles and clothing: IG Metall intensifies warning strikes

Volvo delivers the first heavy electric truck to Africa

GOTHENBURG, Sweden, March 16, 2023 /PRNewswire/ — Volvo Trucks delivers its first heavy electric truck to Morocco. The customer is the refuse collection company Arma, and this is the first heavy battery-electric truck from a global manufacturer to be in commercial operation in Africa. Deployment of heavy electric trucks is now spreading across the world. With… Continue reading Volvo delivers the first heavy electric truck to Africa

Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, March 16, 2023 /PRNewswire/ — The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% over the forecast period, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase… Continue reading Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.

ForwardX AMRs Helps Li & Fung Increase Efficiency by 81%

BEIJING, March 16, 2023 /PRNewswire/ — In recent years, the development of the global e-commerce industry has brought huge opportunities and challenges for third-party logistics (3PL) and warehousing. Some key challenges include brands’ changing business development needs, improving warehouse management, and improving efficiency all while reducing operational costs. Some 3PL enterprises are upgrading their facilities… Continue reading ForwardX AMRs Helps Li & Fung Increase Efficiency by 81%