RIYADH, Saudi Arabia, May 17, 2023 /PRNewswire/ — Global logistics service provider, J&T Express today announced that it has entered into a Share Transfer Agreement with Shenzhen Fengwang Holdings Co., Ltd. (“Fengwang Holdings”), a subsidiary of S.F. Holding Co., Ltd. (002352.SZ). J&T Express’ subsidiary J&T Express (Shenzhen) Supply Chain Co., Ltd. will acquire 100% share rights… Continue reading J&T Express and SF Express reach agreement to acquire 100% share rights of Fengwang Express for RMB 1.183 billion
Tag: Strategy
SKF and Wolong cooperate to increase competitiveness in electric drive products
GOTHENBURG, Sweden, May 17, 2023 /PRNewswire/ — SKF and Wolong Group, the Chinese global manufacturer of motor and drive solutions, have signed a memorandum of understanding to explore the possibilities of entering a strategic cooperation focused on the promotion and application of magnetic bearing technology. By bringing more competitive electric drive products within high-speed drive control… Continue reading SKF and Wolong cooperate to increase competitiveness in electric drive products
India: Supreme Court gives market regulator three more months to finish Adani probe
India’s Supreme Court on Wednesday granted the country’s market regulator additional time till August 14 to complete its investigation into possible violation of securities law and regulatory disclosures by the Adani group. The court directed the Securities and Exchange Board of India (SEBI) to complete its probe in three months and file a status report… Continue reading India: Supreme Court gives market regulator three more months to finish Adani probe
Uber puts family (even teens) at the center of its new products and features
Family is at the center of Uber’s latest product offensive. Uber revealed Wednesday at its annual “Go-Get” event a slew of new products and features aimed at attracting a new set of customers from teens as young as 13 and families who want to link account and even those who might feel more comfortable calling… Continue reading Uber puts family (even teens) at the center of its new products and features
Team Velocity® Announced As Newest Genesis Certified Website Provider
Team Velocity’s Apollo® Sites technology is now available to all Genesis retailers nationwide through the Genesis Dealer Website Certification Program (DWCP). WASHINGTON, May 17, 2023 /PRNewswire/ — Team Velocity has announced a strategic partnership with Genesis as the manufacturer’s newest website provider, giving retailers the opportunity to build a more connected and personalized vehicle ownership experience… Continue reading Team Velocity® Announced As Newest Genesis Certified Website Provider
Aerotek’s David Jordan Named to SIA’s 2023 Diversity, Equity & Inclusion Influencers List for Second Consecutive Year
HANOVER, Md., May 17, 2023 /PRNewswire/ — Aerotek, a leading talent solutions provider specializing in placing light industrial and skilled trades talent in the manufacturing, logistics, construction, aviation and facility management industries, announced today for the second consecutive year that its Director of Diversity, Equity & Inclusion (DE&I), David “DJ” Jordan, has been named to… Continue reading Aerotek’s David Jordan Named to SIA’s 2023 Diversity, Equity & Inclusion Influencers List for Second Consecutive Year
Saint-Gobain signs Power Purchase Agreement (PPA) in India with Vibrant Energy
Saint-Gobain has signed a Power Purchase Agreement (PPA) in India with Vibrant Energy – a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG) – to provide wind-solar electricity to 6 local Saint-Gobain sites. The 20-year PPA will begin delivery in 2024 and bring the renewable electricity share in India to 65% in 2025. Under… Continue reading Saint-Gobain signs Power Purchase Agreement (PPA) in India with Vibrant Energy
‘We need multiple solutions to fix the road safety epidemic’: Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars
There is a need for several solutions to address the issues of road safety in India. Stressing the importance of collaboration between industry, academia, and government agencies, Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars Safety Centre mentioned how initiatives around joint awareness and dialogue, are integral as preventive measures for accidents. As part of the… Continue reading ‘We need multiple solutions to fix the road safety epidemic’: Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars
China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
SHANGHAI/BEIJING (Reuters) – BYD Co Ltd may be China’s biggest electric vehicle maker by a country mile but it knows it lags rivals in autonomous driving, and has set up a new division and embarked on a huge hiring spree to rectify that shortcoming. Between 4,000 and 5,000 software engineers have been hired recently, BYD… Continue reading China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
Folding Bikes Market Set to Reach a Valuation of USD 1410.16 Million by 2028, Propelled by Affordability and Convenience, States Extrapolate
DUBAI, UAE, May 17, 2023 /PRNewswire/ — The global Folding Bikes Market is projected to grow from USD 928.51 million in 2021 to USD 1410.16 Million by 2028, expanding at a CAGR of 8.7% during the forecast period, according to a new report published by Extrapolate. New battery technology and bicycle infrastructure developments present lucrative… Continue reading Folding Bikes Market Set to Reach a Valuation of USD 1410.16 Million by 2028, Propelled by Affordability and Convenience, States Extrapolate