Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

SHANNON, Ireland, Dec. 12, 2022 /PRNewswire/ — Airborne Capital announces the closing of its second asset backed securitisation (‘ABS’) transaction, MAST 2022-1. Marathon is the sponsor of the ABS while Airborne Capital is the servicer The $303.7 million ABS offered one tranche of notes, all of which have been privately placed, and secured on a… Continue reading Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.

Stellantis says it’s committing to a big boost in its clean energy purchases in Michigan in a deal with DTE Energy. The automaker, which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands, issued a joint news release Monday with DTE committing to adding 400 megawatts of new solar projects in Michigan, which the release… Continue reading Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.

@Hyundai: 2023 Kia EV6 earns 2022 IIHS Top Safety Pick+ award

2023 Kia EV6 earns 2022 TOP SAFETY PICK+ (TSP+) award 2023 EV6 is the 10th Kia vehicle in 2022 to earn a TOP SAFETY PICK or TOP SAFETY PICK+ designation The 2023 Kia EV6 has been awarded the 2022 Insurance Institute of Highway Safety (IIHS) TOP SAFETY PICK+ (TSP+) rating[1]. The EV6 earned ratings of… Continue reading @Hyundai: 2023 Kia EV6 earns 2022 IIHS Top Safety Pick+ award

What’s on the Radio? In Formula 1 Racing, It’s the Engineer.

Formula 1 drivers may look like they are alone in the car, but with the press of a button, they can turn to their teams for support and guidance. Radio communication is an important part of Formula 1 races. Drivers have a button on their steering wheel that will activate their radio, allowing them to… Continue reading What’s on the Radio? In Formula 1 Racing, It’s the Engineer.

Rivian and Mercedes ‘pause’ plans to produce electric commercial van

Rivian and Mercedes-Benz have paused plans to produce electric commercial vans in Europe just three months after the two automakers announced the partnership. Rivian shares fell as much as 3.4% before rebounding slightly. Rivian shares are trading at $26.62, down 2.46% since the market opened. Mathias Geisen, head of Mercedes-Benz Vans, said the collaboration with… Continue reading Rivian and Mercedes ‘pause’ plans to produce electric commercial van

Trimble to Acquire Transporeon to Strengthen and Accelerate Connect & Scale Strategy

Scaled Cloud-Based Transportation Management Platform High Growth & Profitable Software Leader Expands Trimble’s Addressable Market Expected to be Immediately Accretive to Pro Forma Revenue Growth and Non-GAAP Operating Margin WESTMINSTER, Colo., Dec. 12, 2022 /PRNewswire/ — Trimble (NASDAQ: TRMB) announced today that it has agreed to acquire Transporeon, a leading cloud-based transportation management software platform,… Continue reading Trimble to Acquire Transporeon to Strengthen and Accelerate Connect & Scale Strategy

Toyota seeks suppliers to support new strategy to better compete with EV leaders

After seeing the success and demand automakers like Tesla and BYD are having with electric vehicles, Toyota is reportedly looking to grab its share. Toyota is set to make significant adjustments to its EV strategy in its upcoming meeting with suppliers next year. Anyone following the auto industry’s transition to electric vehicles by now knows… Continue reading Toyota seeks suppliers to support new strategy to better compete with EV leaders

Rivian pauses plans to make electric vans in Europe with Mercedes-Benz

An Amazon Rivian electric delivery van at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Monday it was pausing plans to manufacture electric commercial vans in Europe and would “no longer pursue” the agreement it made with Mercedes-Benz just three… Continue reading Rivian pauses plans to make electric vans in Europe with Mercedes-Benz

Stellantis, DTE announce solar projects to power Michigan sites

Sterling Heights — The maker of Jeep SUVs and Ram pickup trucks is partnering with DTE Energy Co. to add 400 megawatts of solar energy generation to power dozens of sites in southeast Michigan and the production of all of its vehicles in the state. The plan is a part of Stellantis NV’s commitment to… Continue reading Stellantis, DTE announce solar projects to power Michigan sites

Körber named 2022 Top Software & Technology Provider by Food Logistics

Award honors top software and technology providers that ensure a safe, efficient and reliable global cold food and beverage supply chain HAMBURG, Germany, Dec. 12, 2022 /PRNewswire/ — Food Logistics has awarded Körber as 2022 Top Software & Technology Provider. The award honors software and technology providers that ensure a safe, efficient and reliable global cold… Continue reading Körber named 2022 Top Software & Technology Provider by Food Logistics