Lucid Group Makes History in Saudi Arabia as it Opens Country’s First-Ever Car Manufacturing Facility

Lucid Group commences assembly of Lucid Airs in its new Advanced Manufacturing Plant, AMP-2, its first international manufacturing facility, strategically located in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia. In the first phase, the facility has the capacity to assemble 5,000 Lucid vehicles per annum, and in the future, the complete manufacturing facility at KAEC,… Continue reading Lucid Group Makes History in Saudi Arabia as it Opens Country’s First-Ever Car Manufacturing Facility

WHITE recorded a consistent number of visitors compared to September 2022, with a 5% rise in foreign buyers thanks to the strategy and growth of the EXPO WHITE project

WHITE VILLAGE, the first dopo-salone event in partnership with MTV, was a great success with the public. MILLAN, Sept. 27, 2023 /PRNewswire/ — One of the most intense and dynamic editions of WHITE has just concluded, brimming with novelties that filled the schedule from September 22 to 25. Organized with the patronage of the Lombardy Region and… Continue reading WHITE recorded a consistent number of visitors compared to September 2022, with a 5% rise in foreign buyers thanks to the strategy and growth of the EXPO WHITE project

Seladore Legal LLP: Jailed Russian businessman, Ziyavudin Magomedov files US$14 billion claim in the English High Court against TPG, DP World, Transneft, Rosatom and others, alleging Russian state-led conspiracy

Transport and logistics titan Magomedov was arrested in 2018 He and his brother subjected to 4 years pre-trial detention in notorious Lefortovo prison The brothers are appealing conviction and 19-year custodial sentence for alleged financial crimes Magomedov’s High Court conspiracy claim is one of the largest lawsuits ever brought in the English courts as he strives for… Continue reading Seladore Legal LLP: Jailed Russian businessman, Ziyavudin Magomedov files US$14 billion claim in the English High Court against TPG, DP World, Transneft, Rosatom and others, alleging Russian state-led conspiracy

Uber Freight doubles down on enterprise technology, unveils next generation product roadmap with AI-powered logistics

SAN DIEGO, Sept. 28, 2023 /PRNewswire/ — Today, during the company’s annual customer conference that hosts nearly 300 of the world’s largest shippers, Uber Freight announced the most comprehensive evolution of its logistics technologies designed to power the global movement of goods. Continue Reading Lior Ron unveils the company’s next generation product roadmap during Uber Freight’s… Continue reading Uber Freight doubles down on enterprise technology, unveils next generation product roadmap with AI-powered logistics

General Freight Trucking Market Overview 2023-2027: Projected Market Size, Major Driver, And Leading Players – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON , Sept. 28, 2023 /PRNewswire/ — The global general freight trucking market is poised for substantial expansion, with an impressive growth rate in 2023 and beyond. According to the latest General Freight… Continue reading General Freight Trucking Market Overview 2023-2027: Projected Market Size, Major Driver, And Leading Players – By The Business Research Company

Warehouse Services Inc. to Acquire Sky Transportation Services

GREENVILLE, S.C., Sept. 28, 2023 /PRNewswire/ — Warehouse Services Inc. (“WSI”), a privately held nationwide 3PL, offering warehousing, transportation and value-added logistics services, announced it has acquired privately held El Paso, TX based Sky Trans Group Holdings, LLC (“Sky Transportation Services”). Sky Transportation Services is a regional truckload carrier focused 100% on dry-van freight movements principally… Continue reading Warehouse Services Inc. to Acquire Sky Transportation Services

Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry

A first-of-its-kind industry offering, Infosys Cobalt Airline Cloud to revolutionize passenger experiences, drive operational efficiency, and contribute to the airline’s sustainability initiatives BENGALURU, India, Sept. 27, 2023 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of Infosys Cobalt Airline Cloud (ICAC) a… Continue reading Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry

GCG Acquires RWL Advanced Solutions

CHICAGO, Sept. 28, 2023 /PRNewswire/ — GCG, a leading value-added distributor of connectivity, automation and supply chain products and solutions announced the acquisition of RWL Advanced Solutions. RWL is value-added distributor of data cabling and network infrastructure solutions across Europe. The acquisition represents GCG’s first in Europe, setting the foundation to achieve its priority growth… Continue reading GCG Acquires RWL Advanced Solutions

China was down and oil fell out of sovereign wealth funds’ radar in 2022: survey

New sovereign wealth fund dealmaking in China slid, while oil fell off the funds’ investment radar completely last year, according to a survey released on Thursday. This was the first time since the report launched in 2012 that the sovereign wealth funds it tracks, whose assets under management grew to $11.6 trillion, made no new oil investments.… Continue reading China was down and oil fell out of sovereign wealth funds’ radar in 2022: survey

UST Invests in Leading Retail Supply Chain Innovator Bricz

Both companies positioned to collaborate and deliver greater success guiding digital transformation in the retail sector LONDON, Sept. 27, 2023 /PRNewswire/ — UST, a leading digital solutions company, has increased its involvement in the dynamic retail technology market by investing in global supply chain leader Bricz. This strengthened relationship positions both companies for long term success… Continue reading UST Invests in Leading Retail Supply Chain Innovator Bricz