Technologycategory

VanEck launches ETF tied to ether futures VanEck on Monday launched VanEck Ethereum Strategy ETF , becoming one of the first U.S. investment managers to bring a futures-based exchange traded fund (ETF) tied to the world’s second-largest cryptocurrency ether to the market. Go to Source

Travel Insured International Unveils Fresh Brand Experience Inspiring Curiosity, Exploration and Authentic Travel Moments

GLASTONBURY, Conn., Oct. 2, 2023 /PRNewswire/ — Travel Insured International (Travel Insured), a leading travel insurance provider, unveils its brand refresh, featuring a new logo, brand colors, imagery and market positioning. The update emphasizes Travel Insured’s dedication to innovation and customer satisfaction, and forging meaningful connections with its community of curious, adventurous travelers. The objective of… Continue reading Travel Insured International Unveils Fresh Brand Experience Inspiring Curiosity, Exploration and Authentic Travel Moments

Introducing WWEX Group: Second-Largest Privately Held 3PL Unites Worldwide Express, GlobalTranz and Unishippers

WWEX Group Offers Unrivaled Scale, Distribution Network and Logistics Solutions DALLAS , Oct. 2, 2023 /PRNewswire/ — Leading third-party logistics (3PL) providers Worldwide Express, GlobalTranz and Unishippers today unveiled a new corporate identity, WWEX Group. A culmination of a multi-year acquisition strategy and integration effort, WWEX Group is the second-largest privately held logistics company in the U.S.… Continue reading Introducing WWEX Group: Second-Largest Privately Held 3PL Unites Worldwide Express, GlobalTranz and Unishippers

Reliance-backed delivery firm Dunzo to restructure, co-founder Dalvir Suri quits

Indian on-demand delivery platform Dunzo said on Monday that one of its four co-founders, Dalvir Suri, would leave and the cash-strapped, Reliance Industries-backed startup also announced an organisation-wide restructuring from this quarter. Dunzo has been struggling to strike a funding deal in the past few months and has announced at least three rounds of layoffs, deferred or reduced salaries for some… Continue reading Reliance-backed delivery firm Dunzo to restructure, co-founder Dalvir Suri quits

Introducing WWEX Group: Second-Largest Privately Held 3PL Unites Worldwide Express, GlobalTranz and Unishippers

WWEX Group Offers Unrivaled Scale, Distribution Network and Logistics Solutions DALLAS , Oct. 2, 2023 /PRNewswire/ — Leading third-party logistics (3PL) providers Worldwide Express, GlobalTranz and Unishippers today unveiled a new corporate identity, WWEX Group. A culmination of a multi-year acquisition strategy and integration effort, WWEX Group is the second-largest privately held logistics company in the U.S.… Continue reading Introducing WWEX Group: Second-Largest Privately Held 3PL Unites Worldwide Express, GlobalTranz and Unishippers

General Dynamics Ordnance and Tactical Systems Awarded $218 Million to Expand Artillery Production

Supports capacity to produce 50,000 artillery rounds per month by 2025 ST. PETERSBURG, Fla., Oct. 2, 2023 /PRNewswire/ — General Dynamics Ordnance and Tactical Systems (OTS), a business unit of General Dynamics (NYSE: GD), announced today it was awarded a $218 million initial task order for 155mm M1128 Load, Assemble, and Pack (LAP). The task… Continue reading General Dynamics Ordnance and Tactical Systems Awarded $218 Million to Expand Artillery Production

Rail Freight Industry Overview 2023-2027: Estimated Market Size, Competitive Landscape, And Major Trend – 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, Oct. 2, 2023 /PRNewswire/ — As per The Business Research Company’s Rail Freight Global Market Report 2023, the global rail freight market has experienced significant growth, with the market size… Continue reading Rail Freight Industry Overview 2023-2027: Estimated Market Size, Competitive Landscape, And Major Trend – By The Business Research Company

Trip.com Sweeps Three Awards at World Travel Awards™ 2023 – Europe

LONDON, Oct. 2, 2023 /PRNewswire/ — Trip.com, the internationally renowned one-stop travel service provider, achieved a new milestone by securing three awards at the 2023 World Travel Awards™ – Europe. The company earned “Europe’s Leading Online Travel Agency 2023,” “Spain’s Leading Online Travel Agency 2023,” and “England’s Leading Online Travel Agency 2023.” This recognition reflects… Continue reading Trip.com Sweeps Three Awards at World Travel Awards™ 2023 – Europe

EV Roundup: BYDDY Hits Milestone, HMC Launches Lingxi EV & More

Electric vehicle (EV) startup Arcimoto entered into a contract manufacturing agreement with MOBIUS.energy Corporation to manufacture battery packs for the aviation market. EV king Tesla TSLA is contemplating manufacturing and selling battery storage systems in India. China-based BYD Co Ltd BYDDY reached a milestone by producing 500,000 Yuan Plus EVs. Another Chinese EV maker NIO… Continue reading EV Roundup: BYDDY Hits Milestone, HMC Launches Lingxi EV & More

Lithia & Driveway Improves Terms to 35.4p Per Pendragon Share with Significant Future Upside

Total cash consideration payable increased by 42% Expected dividend to Pendragon shareholders of 24.5 pence, a 49% increase Implied total initial value to Pendragon shareholders of 35.4 pence per Pendragon share Preliminary commitments to Lithia from multiple major UK automotive retailers to adopt the Pinewood DMS Significant further upside from the strategic partnership including North… Continue reading Lithia & Driveway Improves Terms to 35.4p Per Pendragon Share with Significant Future Upside