Transportation

Quanergy 3D LiDAR Flow Management Solution Successfully Deployed by The SFMTA to Reduce Traffic Delays

Retrieved on: 
Tuesday, April 5, 2022

Quanergy Systems, Inc. , (NYSE: QNGY) (Quanergy or the Company), a leading provider of LiDAR sensors and smart 3D solutions, announced today that The San Francisco Municipal Transportation Agency ( SFMTA ) has deployed Quanergys 3D LiDAR Flow Management solution integrated with TNL s traffic flow management platform, to improve the travel time of San Franciscos light rail vehicles as part of a Proof of Concept Pilot Project.

Key Points: 
  • Quanergy Systems, Inc. , (NYSE: QNGY) (Quanergy or the Company), a leading provider of LiDAR sensors and smart 3D solutions, announced today that The San Francisco Municipal Transportation Agency ( SFMTA ) has deployed Quanergys 3D LiDAR Flow Management solution integrated with TNL s traffic flow management platform, to improve the travel time of San Franciscos light rail vehicles as part of a Proof of Concept Pilot Project.
  • View the full release here: https://www.businesswire.com/news/home/20220405005547/en/
    Quanergy 3D LiDAR Flow Management Solution Successfully Deployed by The SFMTA to Reduce Traffic Delays (Graphic: Business Wire)
    The SFMTA, a department of the City and County of San Francisco responsible for the management of all ground transportation in the city, deployed a signal timing program from July to August 2021 using Quanergys Flow Management solution consisting of its M-Series sensors and its QORTEX DTC 3D perception software.
  • Working with TNL, Quanergy provided The SFMTA with a smart 3D LiDAR solution to help them measure and optimize traffic in real time.
  • This project highlights the first time weve used LiDAR to detect people and automobiles, said Robert Lim, Project Manager at The SFMTA.

Canadian Business Leaders Calin Rovinescu and Mitch Garber Back Jaunt Air Mobility

Retrieved on: 
Tuesday, April 5, 2022

Jaunt Air Mobility (Jaunt) announced that Calin Rovinescu, Air Canada's recently retired President and Chief Executive Officer, and Mitch Garber, a global technology and growth capital investor have added their names as investors and advisors of Jaunt Air Mobility.

Key Points: 
  • Jaunt Air Mobility (Jaunt) announced that Calin Rovinescu, Air Canada's recently retired President and Chief Executive Officer, and Mitch Garber, a global technology and growth capital investor have added their names as investors and advisors of Jaunt Air Mobility.
  • View the full release here: https://www.businesswire.com/news/home/20220405005219/en/
    Calin Rovinescu, recently retired president and CEO backs Jaunt Air Mobility as an investor and advisor.
  • Calin Rovinescu served as President & CEO of Air Canada from 2009 to 2021.
  • Jaunt Air Mobility is a transformative aerospace company headquartered in Dallas, Texas, with design and manufacturing located in Montreal, Canada.

Jamaica and Emirates Airlines in Talks – To Build New Partnerships

Retrieved on: 
Tuesday, April 5, 2022

The aim of these discussions is to enhance connectivity between the regions by facilitating airlift.

Key Points: 
  • The aim of these discussions is to enhance connectivity between the regions by facilitating airlift.
  • Sheikh Majid Al Mualla, Divisional Senior Vice President International Affairs and Mr. Adnan Kazim, Chief Commercial Officer from Emirates Airlines were also present at the meeting.
  • Launched in UAE, the World Free Zone Organization will be hosting its annual AICE 2022 June 13 17 in Jamaica.
  • Given Jamaicas geographical location in the center of the Americas, the efforts are being made at an opportune time between Emirates Airlines and Jamaica to be partners to the wider region.

Boston Omaha Corporation Completes the Acquisition of InfoWest, Inc. and Go Fiber LLC

Retrieved on: 
Monday, April 4, 2022

Boston Omaha Corporation (NYSE: BOC), through its wholly owned subsidiary FIF St George, LLC (FIF St George), has completed the acquisition of the businesses operated by InfoWest, Inc. (InfoWest) and Go Fiber LLC (Go Fiber), fiber and fixed wireless internet service providers located in St. George, Utah.

Key Points: 
  • Boston Omaha Corporation (NYSE: BOC), through its wholly owned subsidiary FIF St George, LLC (FIF St George), has completed the acquisition of the businesses operated by InfoWest, Inc. (InfoWest) and Go Fiber LLC (Go Fiber), fiber and fixed wireless internet service providers located in St. George, Utah.
  • InfoWest Co-Founder and CEO Kelly Nyberg said, Our partnership with Boston Omaha will dramatically accelerate our fiber expansion within our current markets and into new communities.
  • InfoWest and Go Fiber equityholders will collectively have a 20% initial ownership stake in FIF St George, a new entity formed by Boston Omaha for purposes of completing the acquisitions.
  • Boston Omahas Fiber is Fast businesses include AireBeam in Arizona, Utah Broadband in northern Utah, InfoWest and Go Fiber in Utah, Arizona and Nevada, and Fiber Fast Homes .

Current Selects Arctic Sales as Its Newest Lighting Agent in Alaska

Retrieved on: 
Monday, April 4, 2022

GE Current, a Daintree company has chosen Arctic Sales to carry its LED lighting and controls solutions for DOT and municipality applications in Alaska.

Key Points: 
  • GE Current, a Daintree company has chosen Arctic Sales to carry its LED lighting and controls solutions for DOT and municipality applications in Alaska.
  • Arctic Sales is a leading agency that represents manufacturers within the commercial, architectural, industrial and roadway lighting industries.
  • We are excited to be partnering with Arctic Sales and have them cover our DOT and municipality verticals, said Matt Webster, Northwest Region Utility/Roadway Sales Manager at Current.
  • Arctic Sales exists to empower their customers to win and to grow their business by providing industry leading lighting and controls solutions to Alaska.

TravelCenters of America Inc. First Quarter 2022 Conference Call Scheduled for Tuesday, May 3rd

Retrieved on: 
Monday, April 4, 2022

TravelCenters of America Inc. (Nasdaq: TA) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Monday, May 2, 2022.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Monday, May 2, 2022.
  • Participants should dial in about 15 minutes prior to the scheduled start of the call.
  • A replay of the conference call will be available through Tuesday, May 10, 2022.
  • About TravelCenters of America Inc.:
    TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.

TravelCenters of America Inc. Acquires Two Travel Center Locations for $45 Million

Retrieved on: 
Monday, April 4, 2022

TravelCenters of America Inc. (Nasdaq: TA) today announced that it has completed the previously announced acquisition of two travel center locations for $45 million.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA) today announced that it has completed the previously announced acquisition of two travel center locations for $45 million.
  • Located along the Interstate 81 corridor in Virginia, Petro Raphine and TA Lexington have been successful TA franchise locations since 2011.
  • TA expects to realize significantly more cashflow from owning these locations than as franchise locations and forecasts these locations will generate approximately $9.0 million of site-level EBITDA in 2023.
  • About TravelCenters of America Inc.:
    TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.

“Roots. -- A Journey to Kochi in Shikoku on Four Yamaha Motorcycles” Published in Web 55mph

Retrieved on: 
Monday, April 4, 2022

-- A Journey to Kochi in Shikoku on Four Yamaha Motorcycles in Web 55mph, an online 21st century version of the original 55mph magazine put out in the 1980s under the concept of Motorcycle Utopia and spanned ten volumes.

Key Points: 
  • -- A Journey to Kochi in Shikoku on Four Yamaha Motorcycles in Web 55mph, an online 21st century version of the original 55mph magazine put out in the 1980s under the concept of Motorcycle Utopia and spanned ten volumes.
  • View the full release here: https://www.businesswire.com/news/home/20220403005002/en/
    A Journey to Kochi in Shikoku on Four Yamaha Motorcycles in Web 55mph (Graphic: Business Wire)
    Roots.
  • is the second team-up for Web 55mph between photographer Rowland Kirishima and motorcycle journalist Keisuke Kawanishi following their round-trip journey between Portugal and Morocco on the Tnr 700 published in 2019, entitled This is Africa!
  • This grand tour from Tokyo to Kochi, Shikoku, and back last November was to rediscover the draws of motorcycling and the joys of the journey.

Horizon Global Announces Fritz Henderson Not Standing for Board Reelection

Retrieved on: 
Friday, April 1, 2022

(Fritz) Henderson, currently a director on the Companys Board, with a term expiring at the Companys 2022 annual stockholder meeting (2022 Annual Meeting), will not stand for reelection at the 2022 Annual Meeting.

Key Points: 
  • (Fritz) Henderson, currently a director on the Companys Board, with a term expiring at the Companys 2022 annual stockholder meeting (2022 Annual Meeting), will not stand for reelection at the 2022 Annual Meeting.
  • On behalf of the Horizon Global Board, I would like to thank Fritz for his leadership, stated John Kennedy, Chair of the Board of Horizon Global.
  • It has been an honor to serve on the Horizon Global Board and I look forward to supporting Donna in her new leadership role.
  • Mr. Henderson was appointed to the Companys Board and as Chair of its Audit Committee in 2019.

SG ECHO Announces Largest Contract to Date

Retrieved on: 
Friday, April 1, 2022

SG Blocks, Inc. (NASDAQ: SGBX) (SG Blocks or the Company), a leading developer, designer, and fabricator of modular structures, announced today that SG ECHO, a subsidiary of SG Blocks, has broadened its relationship with a private client which is producing the Companys largest contract to date with SG ECHO.

Key Points: 
  • SG Blocks, Inc. (NASDAQ: SGBX) (SG Blocks or the Company), a leading developer, designer, and fabricator of modular structures, announced today that SG ECHO, a subsidiary of SG Blocks, has broadened its relationship with a private client which is producing the Companys largest contract to date with SG ECHO.
  • The purchase order is for more than 100 units and the Company expects to generate approximately $6 million dollars in revenue from this contract.
  • This large order enables SG to maximize purchasing capabilities, and provides our ECHO team with consistent work, which in turn boosts efficiencies on the production floor.
  • Furthermore, SG ECHO plans to continue to support this private client as needed with additional modular structures.