Nox Management Expands Portfolio with Trampo Extreme Acquisition

KUWAIT CITY, Oct. 10, 2023 /PRNewswire/ — Kuwait-based Nox Management acquires Trampo Extreme, a renowned entertainment and adventure enterprise spanning across Kuwait, UAE, Bahrain, Qatar, and Oman. This strategic move marks a pivotal milestone in Nox Management’s ambitious growth and expansion strategy. Globally, the Entertainment Centers sector boasts a staggering worth of US$ 11.2 Billion,… Continue reading Nox Management Expands Portfolio with Trampo Extreme Acquisition

ASYAD EXPRESS PARTNERS WITH EVRI TO LAUNCH TRANSFORMATIONAL E-COMMERCE GATEWAY HUB IN OMAN AND THE MIDDLE EAST

Asyad Express forms landmark strategic alliance with Evri, the UK’s largest dedicated parcel delivery company Partnership to attract major UK, European, US and Chinese players to Oman by facilitating access to Asyad Group’s world-class logistics ecosystem Collaboration provides a unique opportunity for UK and European retailers to expand into the Middle East e-commerce market Partnership… Continue reading ASYAD EXPRESS PARTNERS WITH EVRI TO LAUNCH TRANSFORMATIONAL E-COMMERCE GATEWAY HUB IN OMAN AND THE MIDDLE EAST

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Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights Oct 12 (Reuters) – The Biden administration is considering closing a loophole that gives Chinese companies access to American artificial intelligence (AI) chips through units located overseas, according to four people familiar… Continue reading Untitled

Allison Transmission Honors Guild Technician Skills Competition Finalists

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce the winner of the Allison Guild Technician Skills Competition. Matt Kagarise from Penn Power Group was named Grand Champion of the competition at the Guild Star Awards banquet hosted in Dallas, Texas during First Line 2023, Allison’s biannual event for its North America service channel professionals that focuses… Continue reading Allison Transmission Honors Guild Technician Skills Competition Finalists

Ecologis, the logistics joint venture between Europi Property Group and Bedrock Capital Partners, has acquired a 7,200 sq m last mile asset in Porto

LONDON, Oct. 12, 2023 /PRNewswire/ — Ecologis, a leading owner of last mile and big box logistics assets within Portugal, has announced the platform’s latest acquisition of Estrada Velha, a 7,200 sq m last mile logistics asset in Matosinhos, Porto. This is the first acquisition within the Porto area for the expanding Ecologis platform. The… Continue reading Ecologis, the logistics joint venture between Europi Property Group and Bedrock Capital Partners, has acquired a 7,200 sq m last mile asset in Porto

Locus Robotics Appoints New Executives to Support Global Growth, Expanding Global Warehouse Automation Leadership

Kian Sin Ng added as General Manager for APAC Region; Joel Collins joins as Chief Legal Counsel WILMINGTON, Mass., Oct. 12, 2023 /PRNewswire/ — Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced the appointments of Kian Sin Ng as General Manager, APAC, and Joel Collins as Chief Legal… Continue reading Locus Robotics Appoints New Executives to Support Global Growth, Expanding Global Warehouse Automation Leadership

Kia Accelerates Popularization of EVs with Reveal of EV5 and Two Concept Models at Kia EV Day

Kia presents global EV strategy at ‘EV Day’, set to be held annually Acceleration of ‘EV revolution’ with expanded EV model line-up and charging infrastructure growth Kia unveils three new small- to medium-sized electric models The Kia EV5: Production electric compact SUV designed to meet needs of millennial families The Kia Concept EV3: Kia’s vision for an… Continue reading Kia Accelerates Popularization of EVs with Reveal of EV5 and Two Concept Models at Kia EV Day

Constellation Cold Logistics entered into an agreement to acquire VF Coldstores

LONDON, Oct. 11, 2023 /PRNewswire/ — Constellation Cold Logistics (“Constellation” or the “Company”), a leading European cold storage and logistics provider, announced today that it has entered into an agreement to acquire VF Coldstores (“VF”). The transaction will allow Constellation to enter the Irish market, strengthening its European footprint and service offering for existing and new… Continue reading Constellation Cold Logistics entered into an agreement to acquire VF Coldstores

Constellation Cold Logistics entered into an agreement to acquire Colso Cold Storage

LONDON, Oct. 11, 2023 /PRNewswire/ — Constellation Cold Logistics (“Constellation” or the “Company”), a leading European cold storage and logistics provider, announced today that it has entered into an agreement to acquire Colso Coldstorage Ltd (“Colso”). The transaction will allow Constellation to enter the Irish market, strengthening its European footprint and service offering for existing and… Continue reading Constellation Cold Logistics entered into an agreement to acquire Colso Cold Storage

@GM: GM Continues Push for Software Standardization to Give Customers Better Technology, Faster

GM Continues Push for Software Standardization to Give Customers Better Technology, Faster GM joins COVESA to share uServices with the developer community for a seamless, shared software solution 2023-10-12 DETROIT – General Motors announced today that it is contributing a vehicle services definition called “uServices” to the automotive software developer community. uServices aims to standardize… Continue reading @GM: GM Continues Push for Software Standardization to Give Customers Better Technology, Faster