Truck

Lordstown Motors Reports Third Quarter 2022 Financial Results

Retrieved on: 
Tuesday, November 8, 2022
GLOBE, EV, BOM, Common stock, Committee on Foreign Investment in the United States, Investment, OH, Foreign investment, OEM, Webcast, Research, EPA, Hand, Preferred stock, Lordstown Motors, Committee, Sale, NRV, CARB, Public expenditure, Pedigree, MIH, American Trucking Associations, Engineering, FMVSS, Truck, Certification, Reinsurance, Bank, Road, Insurance, Management, Renewable energy, Security (finance), LMC, Foxconn, Endurance

LORDSTOWN, Ohio, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors or LMC), an original equipment manufacturer (OEM) of electric light duty vehicles focused on the commercial fleet market, today released its third quarter 2022 financial results and provided a business update.

Key Points: 
  • LORDSTOWN, Ohio, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors or LMC), an original equipment manufacturer (OEM) of electric light duty vehicles focused on the commercial fleet market, today released its third quarter 2022 financial results and provided a business update.
  • R&D expenses were $19.8 million in the second quarter of 2022, representing a decrease of 31% compared to the second quarter of 2022, on an as adjusted basis.
  • At the end of the quarter, cash and short-term investments on hand was $204 million, approximately $32 million lower than the second quarter of 2022.
  • Lordstown Motors will host a conference call at 8:30 a.m. Eastern Time today (Tuesday, November 8, 2022).

Auto Parts Less Group, Inc. Announces It Has Officially Launched the Auto Parts Industry's First Pure Play, Multi-Seller Automotive Parts Marketplace, AutoParts4Less.com

Retrieved on: 
Wednesday, November 2, 2022
Online, ChannelAdvisor, Jeep, SUV, Industry, U.S. Securities and Exchange Commission, Truck, FLES, View, E-commerce, Recreational vehicle, Sale, Private Securities Litigation Reform Act, Company, EBay, Multimedia, Forward-looking statement, OTCQB, Motorcycle, Risk, Online shopping, Amazon

This immediately places AutoParts4Less.com in the world's top percentiles of eCommerce automotive parts websites.

Key Points: 
  • This immediately places AutoParts4Less.com in the world's top percentiles of eCommerce automotive parts websites.
  • Online sales of new auto parts & accessories are expected to grow from approximately $38 billion in 2022 to $67 billion in 2030.
  • "We are extremely excited to officially open our marketplace, AutoParts4Less.com, to buyers and leading parts sellers across the country.
  • Auto Parts 4LessGroup, Inc. (the "Company") entered the online auto parts business in 2015 selling lift kits and other aftermarket accessories for Jeeps, Trucks, and SUV's on eBay and Amazon.

Link Mfg. Further Expands and Strengthens Its Sales Force

Retrieved on: 
Tuesday, November 1, 2022
OEM, Bachelor of Science, Volvo, Business administration, Industry, Truck, Navistar International, Master of Business Administration, ISO, Chemistry (relationship), SAMS, ROI, Cat, EMS, IATF, Man, Bachelor, Schrader, Management, Industrial design, Western Michigan University, Science, Link

GRAND RAPIDS, Mich., Nov. 1, 2022 /PRNewswire-PRWeb/ -- Link Mfg., Ltd., the leader in specialty-engineered suspensions, suspension controls and air management products and a Tier-1 supplier to major heavy-duty commercial truck manufacturers, announced the recent appointment of Ben Lucas as senior fleet sales and strategic account manager and that Dave Shrader will take on new account management responsibilities with OEM customer Navistar.

Key Points: 
  • A sales veteran with more than 20 years of experience, Lucas has served previous employers in roles such as national sales manager and OEM sales manager, and in customer relationship management capacities.
  • "We're very excited to have Ben join our sales team in Grand Rapids," said Jim Huls, president of Link Manufacturing.
  • "He's a highly energetic sales professional with a broad and deep understanding of the commercial vehicle industry we serve."
  • Link has also entered into a new agreement with David Shrader from longtime affiliate manufacturer's rep agency Northwest Heavy Duty, Inc.

StreetLight Unveils Unparalleled Insights into Commercial Truck Mobility, by Class and Volume

Retrieved on: 
Thursday, October 27, 2022
Software as a service, SAN, Policy, Metric, Travel, Algorithm, Transport, Big data, Street, Truck, Jacobs, Engineering, Metropolitan Council, Classification, Pedestrian, Highway Capacity Manual, FHWA, Government, Maintenance, HCM, Environment, Congestion, Road transport, California Department of Transportation

SAN FRANCISCO, Oct. 27, 2022 /PRNewswire-PRWeb/ -- StreetLight Data, Inc (StreetLight), the Big Data company providing insights into how people, goods and services move, today announced that its cloud-based analytics platform, StreetLight InSight®, now comes equipped with truck traffic counts segmented by vehicle weight class, a powerful addition to prior Truck analytics. Transportation professionals can rely on the platform for automated and validated historical truck counts for 2019 – 2021 data periods on all rural, urban, and regional roadway networks across the U.S. Furthermore, StreetLight's Truck Volume Metrics can be combined with other congestion Metrics within the platform to create safe corridors for personal and commercial vehicles alike.

Key Points: 
  • Furthermore, StreetLight's Truck Volume Metrics can be combined with other congestion Metrics within the platform to create safe corridors for personal and commercial vehicles alike.
  • StreetLight's Truck Volume Metrics have undergone robust data validation, including validation against temporary and permanent counters and other industry standards.
  • "With StreetLight's Truck Volume Metrics, transportation professionals are no longer hamstrung by assumptions based on old or unreliable data, or cumbersome manual data collection," said StreetLight CEO Laura Schewel.
  • The event will highlight the new Truck Volume Metrics as well as projects which have helped agencies in the U.S. Register here .

ARKO Corp. Announces Agreement to Acquire Pride Convenience Holdings, LLC, a leading regional convenience store operator

Retrieved on: 
Monday, October 24, 2022
Cyprus Securities and Exchange Commission, Uncertainty, Mission statement, GPM Investments, Review, TEG, Salad, Investment, LLC, Family, Unemployment, Kotler, Security (finance), GAAP, Oak Street, Subway, Truck, Depreciation, Grubhub, Private Securities Litigation Reform Act, Form 10-K, Candy, Company, Nasdaq, Snack, Acquisition, CEO, Beer, Adjustment, Form, GLOBE, Petroleum, EBITDA, GPM, Bowlin Travel Centers, Forward-looking statement, COVID-19, Uber, Grocery store, Risk management, Fast food, Retail, Commercial property, Financial services, Bookkeeping, Pride

This acquisition would expand ARKOs convenience store footprint into Massachusetts, making it the 34th state in which the Company will operate.

Key Points: 
  • This acquisition would expand ARKOs convenience store footprint into Massachusetts, making it the 34th state in which the Company will operate.
  • Pride is a leading convenience store operator in the Northeast with many large format stores, including two high-volume Travel Centers for long-haul truckers and two modern City Stop locations that cater to short-haul truckers.
  • Additionally, Pride operates a centralized kitchen that provides fresh baked goods and food daily to all Pride stores.
  • Our agreement to acquire Pride highlights ARKOs continued focus on creating long-term shareholder value by growing our core convenience store business, said Arie Kotler, ARKOs chairman, president and CEO.

Ram Truck Brand Celebrates Agriculture Communities Across the Nation and Heads to 2022 National FFA Convention & Expo With Country Music Artist Jackson Dean

Retrieved on: 
Friday, October 21, 2022
Uncertainty, Truck, Ice road, Paramount Network, Agriculture, Odenton, Maryland, National FFA Organization, Knowledge, NYSE, AG, Brooks & Dunn, Courage, Farmer, National, Ram pickup, Wing, Twitter, Music, Honky-tonk, Facebook, Chrysler, Billboard Hot 100, Student, Brothers Osborne, Ram, Ram Trucks, J.D. Power, Marketing, STLA, Netflix, The Ice Road, Brooks, Big Machine Records, TRX, FFA, Jackson's, Map, Top 10 Produce, Leadership, Video game console, Heavy equipment, Stellantis, Wall

This year's Ram Truck presence will feature an exclusive FFA convention performance by rising country music singer-songwriter Jackson Dean at the Ram Truck brand exhibit.

Key Points: 
  • This year's Ram Truck presence will feature an exclusive FFA convention performance by rising country music singer-songwriter Jackson Dean at the Ram Truck brand exhibit.
  • Coinciding with participation at the National FFA Convention & Expo, Ram is launching a new digital video, "Wings," starring Dean.
  • "We admire and applaud these future agriculture leaders and will continue to encourage their aspirations in any way possible."
  • In 2009, the Ram Truck brand launched as a stand-alone division, focused on meeting the demands of truck buyers and delivering benchmark-quality vehicles.

NWDAF solution carries 5G network value firmly into Business Operations

Retrieved on: 
Friday, October 14, 2022
Cloud, Personal Communications Service, Health, API, 3GPP, IOT, Service provider, Volvo, Sasa, Sasha Bezuhanova, Machine learning, Truck, B2B, Architecture, Intelligence, NWDAF, Technology, Data management, Automation, Industry, AI, Analytics, NEP Telephone, CSPS, CSP, Mack Trucks, Datatec, Data science, SAS, Medical device, Computer data storage

The combined solution is an alternative to black-box or hard-coded solutions from network equipment providers (NEPs).

Key Points: 
  • The combined solution is an alternative to black-box or hard-coded solutions from network equipment providers (NEPs).
  • It will enable Communication Service Providers (CSPs) to utilize NWDAF to go beyond solely addressing defined use cases that focus primarily on network operations and eliminate the network vendor silo trap.
  • Data-driven networks present a new opportunity for CSPs to bridge network services to business operations leading the industry into a new digital chapter for B2B services, with new revenue streams.
  • CSP data holds value beyond network operations, meaning that NWDAF can be part of the broader analytics and data democratization strategy .

NWDAF solution carries 5G network value firmly into Business Operations

Retrieved on: 
Friday, October 14, 2022
Cloud, Personal Communications Service, Health, API, 3GPP, IOT, Service provider, Volvo, Sasa, Sasha Bezuhanova, Machine learning, Truck, B2B, Architecture, Intelligence, NWDAF, Technology, Data management, Automation, Industry, AI, Analytics, NEP Telephone, CSPS, CSP, Mack Trucks, Datatec, Data science, SAS, Medical device, Computer data storage

The combined solution is an alternative to black-box or hard-coded solutions from network equipment providers (NEPs).

Key Points: 
  • The combined solution is an alternative to black-box or hard-coded solutions from network equipment providers (NEPs).
  • It will enable Communication Service Providers (CSPs) to utiliseNWDAF to go beyond solely addressing defined use cases that focus primarily on network operations and eliminate the network vendor silo trap.
  • Data-driven networks present a new opportunity for CSPs to bridge network services to business operations leading the industry into a new digital chapter for B2B services, with new revenue streams.
  • CSP data holds value beyond network operations, meaning that NWDAF can be part of the broader analytics and data democratisation strategy .

Auto Parts 4Less Group Inc Announces NASCAR Xfinity Sponsorship Deal with MBM Motorsports at the Las Vegas Motor Speedway Saturday, October 15th

Retrieved on: 
Tuesday, October 11, 2022
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Las Vegas, NV, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc.'s (OTCQB: FLES) wholly-owned subsidiary, Auto Parts 4Less, Inc., announced today a NASCAR Xfinity Sponsorship with MBM Motorsports out of Statesville, NC, for the Alsco Uniforms 302 at the Las Vegas Motor Speedway.

Key Points: 
  • Las Vegas, NV, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc.'s (OTCQB: FLES) wholly-owned subsidiary, Auto Parts 4Less, Inc., announced today a NASCAR Xfinity Sponsorship with MBM Motorsports out of Statesville, NC, for the Alsco Uniforms 302 at the Las Vegas Motor Speedway.
  • The race will take place Saturday, October 15th, at the Las Vegas Motor Speedway starting at 3:30.
  • Motorsports Business Management LLC, operating as MBM Motorsports, is an American professional stock car racing team competing in the NASCAR Cup Series and the NASCAR Xfinity Series.
  • Before starting MBM Motorsports, Carl drove (and continues to drive part-time) in the NASCAR Xfinity Series and the NASCAR Cup Series.

Two Volvo trucks fall head over wheels for each other in new film

Retrieved on: 
Tuesday, October 11, 2022
Shift, FH, Love, Volvo, Volvo Trucks, Efficiency, Volvo FH, Truck, Motor vehicle, Heavy equipment

This is illustrated in the company's latest animated film, which centres on a love story between two Volvo FH trucks.

Key Points: 
  • This is illustrated in the company's latest animated film, which centres on a love story between two Volvo FH trucks.
  • The I-Save package was introduced to customers in 2019 and has since been a sales success for Volvo Trucks.
  • Volvo Trucks supplies complete transport solutions for professional customers with its full range of medium- and heavy-duty trucks.
  • Volvo Trucks is part of the Volvo Group.