Europa Wire: Decarbonizing Mobility: Stellantis Joins Faurecia and Michelin as Symbio Shareholder000623

Decarbonizing Mobility: Stellantis Joins Faurecia and Michelin as Symbio Shareholder (IN BRIEF) Stellantis, Faurecia, and Michelin have reached a significant agreement wherein Stellantis will acquire a 33.3% stake in Symbio, a prominent provider of zero-emission hydrogen mobility solutions. Faurecia and Michelin will retain equal ownership stakes. The deal highlights Symbio’s technological excellence in hydrogen fuel… Continue reading Europa Wire: Decarbonizing Mobility: Stellantis Joins Faurecia and Michelin as Symbio Shareholder000623

TRAVEL COUNSELLORS (the “Company”) Record annual results with Total Transaction Value and Revenue each up more than 300% year-on-year

Very strong momentum has continued into the current year with trading in H1 up 64% on pre-pandemic levels as the business accelerates towards delivering £1bn+ of platform sales in FY23 MANCHESTER, England, May 16, 2023 /PRNewswire/ — Travel Counsellors, the UK’s largest and fast-growing technology platform for travel entrepreneurs, is pleased to announce its Annual Results for the… Continue reading TRAVEL COUNSELLORS (the “Company”) Record annual results with Total Transaction Value and Revenue each up more than 300% year-on-year

Greenbrier Announces Sale of Gunderson Marine to Oregon Green Manufacturing

Preserves 300 family-wage jobs on Portland’s working waterfront Greenbrier headquarters remain in Oregon LAKE OSWEGO, Ore., May 16, 2023 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE: GBX) (“Greenbrier”) today announced the completed sale of its Gunderson Marine operations to Oregon Green Manufacturing, LLC (OGM). Gunderson Marine operates within a 58-acre industrial waterfront site in Portland, Oregon,… Continue reading Greenbrier Announces Sale of Gunderson Marine to Oregon Green Manufacturing

GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Although global demand remains subdued, there has been an uptick since December’s trough, while the trend actually improved slightly in North America in April, indicating some economic resilience Excess supply chain capacity was also driven by global organizations’ drawdown of their safety stocks, which have fallen below their historic average for the first time in… Continue reading GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

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

Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings

Brings Yanolja Cloud extensive travel inventory of over 1 million products from 200 countries Reinforces Yanolja Cloud’s commitment to leading global digital transformation and enhancing the travel experience SEOUL, South Korea, May 15, 2023 /PRNewswire/ — Yanolja Cloud, a leading global provider of AI-based SaaS solutions for the hospitality and leisure industries, has announced the acquisition… Continue reading Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings

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

Godawari Electric Motors receives ICAT certification for its Li-ion battery

Godawari Electric Motors, manufacturer of the Eblu range of products, has announced that its 200Ah lithium-ion battery pack which is made by Ruchira Green, has received AIS 156 authorisation under Amendment-III Phase-II from ICAT.  Godawari Electric Motors has started using these certified batteries in its e-auto Eblu Rozee and e-loader Eblu Reino. The battery was tested extensively and has… Continue reading Godawari Electric Motors receives ICAT certification for its Li-ion battery

Godawari Electric Motors receives ICAT certification for its Li-ion battery

Godawari Electric Motors, manufacturer of the Eblu range of products, has announced that its 200Ah lithium-ion battery pack which is made by Ruchira Green, has received AIS 156 authorisation under Amendment-III Phase-II from ICAT.  Godawari Electric Motors has started using these certified batteries in its e-auto Eblu Rozee and e-loader Eblu Reino. The battery was tested extensively and has… Continue reading Godawari Electric Motors receives ICAT certification for its Li-ion battery