LYFT AND MOTIONAL DELIVER THE FIRST RIDES IN MOTIONAL’S NEW ALL-ELECTRIC IONIQ 5 AUTONOMOUS VEHICLE

The first fully-electric AV to be available on the Lyft network Las Vegas is the first city in Motional and Lyft’s multimarket commercial deployment LAS VEGAS, Aug. 16, 2022 /PRNewswire/ — Today, Lyft, Inc. (Nasdaq: LYFT) and Motional, a global leader in driverless technology, announced the launch of Motional’s new all-electric IONIQ 5-based robotaxi, an autonomous… Continue reading LYFT AND MOTIONAL DELIVER THE FIRST RIDES IN MOTIONAL’S NEW ALL-ELECTRIC IONIQ 5 AUTONOMOUS VEHICLE

Canadian Pacific and Kansas City Southern merger proposal receives clearance from Committee on Foreign Investment in the United States

CALGARY, AB, Aug. 16, 2022 /PRNewswire/ – Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) today announced it has received the required regulatory clearance from the Committee on Foreign Investment in the United States (“CFIUS”) for the proposed combination of CP and Kansas City Southern (“KCS”).   CP completed its acquisition of KCS on… Continue reading Canadian Pacific and Kansas City Southern merger proposal receives clearance from Committee on Foreign Investment in the United States

National DCP Hires Stephen Down to Serve as Chief Financial Officer

Role Critical to Strategic Growth of Global Foodservice Supply Chain Management Company ATLANTA, Aug. 16, 2022 /PRNewswire/ — National DCP (NDCP), a global provider of innovative supply chain solutions for the foodservice industry, has hired Stephen Down to serve as Chief Financial Officer (CFO). Down reports directly to Chief Executive Officer Scott Carter. Continue Reading… Continue reading National DCP Hires Stephen Down to Serve as Chief Financial Officer

All Star Auto Lights Acquires Blackburn OEM Wheel Solutions

Transformative acquisition cements All Star’s position in the auto aftermarket parts industry; Newly-created Wheels Division includes Blackburn, Jante Wheel, and Perfection Wheel ORLANDO, Fla., Aug. 16, 2022 /PRNewswire/ — All Star Auto Lights (“All Star”), a specialty distributor of alternative automotive parts and a portfolio company of Atlantic Street Capital (“ASC”), announced today the acquisition… Continue reading All Star Auto Lights Acquires Blackburn OEM Wheel Solutions

Air Freight Sourcing, Procurement and Supplier Intelligence Report by Regional Growth Analysis, Major Category Management Objectives, Supplier Selection and Evaluation Metrics – Forecast and Analysis 2022-2026

NEW YORK, Aug. 16, 2022 /PRNewswire/ —  Regional Growth Analysis of the Air Freight Market Owing to their large supplier bases, North America, Europe, and APAC will wield the most influence. The growth is likely to be driven mostly by increased demand and acceptance of this market in those few regions. The factors that impact… Continue reading Air Freight Sourcing, Procurement and Supplier Intelligence Report by Regional Growth Analysis, Major Category Management Objectives, Supplier Selection and Evaluation Metrics – Forecast and Analysis 2022-2026

Zoomlion Celebrates Opening of New Material Flagship Industrial Parks

The benchmark facilities aim to take lead in manufacturing new dry-mixed mortar construction materials CHANGSHA, China, Aug. 16, 2022 /PRNewswire/ — This July, Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion;” 1157.HK) began commercial production of its New Material Industry Park in Ji’an City and started the construction of two flagship factories for new… Continue reading Zoomlion Celebrates Opening of New Material Flagship Industrial Parks

Elon Musk drops details about Tesla’s humanoid robot

Tesla Tesla is set to unveil a new humanoid robot, called Optimus, in late September. There’s been a lot of speculation surrounding Tesla’s strategy in entering the robotics market, and a recent post by boss Elon Musk sheds some new light. In the post, published in the China’s Cyberspace Administration’s official publication, Musk continued to… Continue reading Elon Musk drops details about Tesla’s humanoid robot

Tencent plans to sell all or bulk of Meituan stake worth $24b

China’s Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said. Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out… Continue reading Tencent plans to sell all or bulk of Meituan stake worth $24b

Arbe Announces Q2 2022 Financial Results

TEL AVIV, Israel, Aug. 16, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, today announced financial results for its second quarter ended June 30, 2022. Key Q2 2022 Highlights: HiRain Technologies, the leading Chinese ADAS Tier 1 supplier, declared that it is undertaking major OEM and autonomous… Continue reading Arbe Announces Q2 2022 Financial Results

$9.3 Billion Worldwide Automotive OEM Coatings Industry to 2027 – Featuring Akzo Nobel, BASF and Covestro Among Others

DUBLIN, Aug. 16, 2022 /PRNewswire/ — The “Automotive OEM Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global automotive OEM coatings market reached a value of US$ 7.13 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$… Continue reading $9.3 Billion Worldwide Automotive OEM Coatings Industry to 2027 – Featuring Akzo Nobel, BASF and Covestro Among Others