BorgWarner’s Rolling Jackpot Reaches $420,000, Marcus Ericsson Can Claim with Back-to-Back Indianapolis 500 Win

BorgWarner increased jackpot award by $20,000 this year Jackpot claimed only once since in 2002 Only five drivers have won the Indy 500 back-to-back AUBURN HILLS, Mich., May 15, 2023 /PRNewswire/ — The BorgWarner rolling jackpot continues to grow, currently totaling $420,000, (4,305,924 krona) awaiting the moment a driver wins the Indianapolis 500 two years… Continue reading BorgWarner’s Rolling Jackpot Reaches $420,000, Marcus Ericsson Can Claim with Back-to-Back Indianapolis 500 Win

J&T Express and SF Express reach agreement to acquire 100% share rights of Fengwang Express for RMB 1.183 billion

SHANGHAI, May 12, 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 of… Continue reading J&T Express and SF Express reach agreement to acquire 100% share rights of Fengwang Express for RMB 1.183 billion

Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion

CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development. Continue Reading image_5003628_25470621 Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year… Continue reading Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion

Sightness selected by Schneider Electric for advanced freight emissions analytics

PARIS, May 12, 2023 /PRNewswire/ — Following a global tendering process, Sightness has been selected by the logistics, transport, sustainable development, and regional management at Schneider Electric as its global platform for freight transport emissions analytics. Advanced analytics platform Sightness will provide a comprehensive solution enabling collaboration on transport emissions reporting and analytics. The platform… Continue reading Sightness selected by Schneider Electric for advanced freight emissions analytics

Fashion Company DeFacto attends ShopTalk2023 in Barcelona

“To be ahead, you must invest in technology and digitalization today.” BARCELONA, Spain, May 12, 2023 /PRNewswire/ — The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona. Önder Şenol, Online General Manager of DeFacto, announced at the event that the company’s JUMP UP project, which promotes digitalization,… Continue reading Fashion Company DeFacto attends ShopTalk2023 in Barcelona

JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

A New Partnership between Hellenic Defence Systems (EAS) and Global Aerospace and Technology company, Paramount Presents Game-Changer for Greek UAV Market ATHENS, Greece, May 12, 2023 /PRNewswire/ — Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions,… Continue reading JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

Autoliv Announces Results of 2023 Annual Stockholders Meeting

STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting

Zoomlion Empowers Product and Market Development with Glocalization Strategy

CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy

Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception

ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception

Apax Funds make approximately $450m investment in travel tech company IBS Software

DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software