Trucking

Autonomous Trucks Global Markets 2023-2028: Tech Companies Like Nvidia have Entered this Space to Provide Services to Companies Such as AB Volvo and Paccar - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024

This report provides an overview of the global market for autonomous trucks and analyses market trends.

Key Points: 
  • This report provides an overview of the global market for autonomous trucks and analyses market trends.
  • This report segments the global autonomous trucks market by component, autonomy, propulsion type, truck type, end-use, and region.
  • Tech companies such as Nvidia Corporation have entered this space to provide services to companies such as AB Volvo and Paccar Inc.
  • The report estimates the size of the global autonomous trucks market in 2023 and provides projections of the expected market size through 2028.

2024 Cleo Ecosystem Integration Global Market Report: 80% of Companies Grew Revenue in 2023 by Investing in Supply Chain Technology; Over Half Plan to Invest $1 Million+ in 2024

Retrieved on: 
Tuesday, March 19, 2024

Specifically, Cleo’s just published 2024 Ecosystem Integration Global Market Report outlines these findings:

Key Points: 
  • Specifically, Cleo’s just published 2024 Ecosystem Integration Global Market Report outlines these findings:
    97% of companies surveyed invested in supply chain technologies in 2023.
  • 81% stated their supply chain investment delivered business improvement in less than 24 months, with 35% getting benefits in the same year.
  • Roughly 80% indicated they increased revenue in the same year they made supply chain technology investments.
  • More than half (51%) will invest $1 million or more in supply chain technology in 2024.

Haig Partners Serves as Exclusive Sell-side Advisor on the Sale of Toyota of North Charlotte

Retrieved on: 
Tuesday, March 19, 2024

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck, and RV dealers in the US, served as the exclusive sell-side advisor to the owners of Toyota of North Charlotte on its sale to Hudson Automotive Group.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck, and RV dealers in the US, served as the exclusive sell-side advisor to the owners of Toyota of North Charlotte on its sale to Hudson Automotive Group.
  • Toyota of North Charlotte first opened for business in 2003 and has won numerous awards over the years.
  • Joe Siviglia shared, “Toyota of North Charlotte is a highly profitable dealership and we have enjoyed serving the Charlotte area for over 20 years.
  • Selling Toyota of North Charlotte provides us with greater resources and an increased focus on growth in Florida.

U-Haul Holding Company to Participate in the Granite Research Virtual Conference Series

Retrieved on: 
Tuesday, March 19, 2024

U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company, will participate in the Granite Research Virtual Conference Series on Wednesday, Mar.

Key Points: 
  • U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company, will participate in the Granite Research Virtual Conference Series on Wednesday, Mar.
  • 20 and Thursday, Mar.
  • 21.
  • Members of the management team will host meetings with institutional investors.

Sojo Industries Launches Sojo Shield™, a Pioneering Track and Trace Platform for Food and Beverage Brands

Retrieved on: 
Tuesday, March 19, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240319084055/en/
    The need for improved track and trace management has never been more critical as food and beverage brands and retailers must comply with the FDA’s Food Safety Modernization Act (FSMA) Food Traceability Rule by January of 2026.
  • “Now is the time to take tracking and tracing of food and beverage products seriously,” said Barak Bar-Cohen, Founder and CEO of Sojo Industries.
  • We built Sojo Shield™ to enable brands to avoid these types of escalations while addressing the new FDA compliance rules.
  • To learn more about Sojo Shield™ and how Sojo Industries is revolutionizing food and beverage traceability, visit https://sojoindustries.com/ .

Plus Advances the Development of Next-Generation Vision Models, Built on NVIDIA DRIVE, for AI Processing in its Self-Driving Software

Retrieved on: 
Monday, March 18, 2024

Plus, a global provider of autonomous driving software solutions, is collaborating with NVIDIA on the advanced development of its AI-driven vision models.

Key Points: 
  • Plus, a global provider of autonomous driving software solutions, is collaborating with NVIDIA on the advanced development of its AI-driven vision models.
  • Plus’s state-of-the-art vision models, will run on the NVIDIA DRIVE Thor™ by automotive-grade and safety-compliant compute platform for future generations of Plus’s Level 4 solution, SuperDrive™.
  • This immense computing power will be used to help the Plus autonomous driving system understand the world around the vehicle and make safe driving decisions.
  • “Plus’s SuperDrive platform, powered by NVIDIA DRIVE Thor, will seamlessly manage the extensive onboard perception tasks essential for safe, robust self-driving trucks.”

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

Retrieved on: 
Monday, March 18, 2024

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.

Key Points: 
  • Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.
  • The dividend will be payable on or about May 13, 2024, to shareholders of record at the close of business on May 3, 2024.
  • Columbus McKinnon has approximately 28.8 million shares of common stock outstanding.

Oshkosh Corporation to Nominate Annette Clayton for Election to Board of Directors

Retrieved on: 
Monday, March 18, 2024

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced that its Board of Directors will nominate Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, for election to the Oshkosh Board at the Company’s 2024 Annual Meeting of Shareholders.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced that its Board of Directors will nominate Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, for election to the Oshkosh Board at the Company’s 2024 Annual Meeting of Shareholders.
  • “The Oshkosh Board is pleased to nominate Annette, a proven chief executive in the industrial, energy management and technology sectors, for election to our Board,” said Stephen D. Newlin, chairman of the board of Oshkosh.
  • She previously served in senior management roles with General Motors Corporation, including as president of Saturn Corporation.
  • Ms. Clayton currently serves as a director of NXP Semiconductors N.V. (NASDAQ: NXPI), Duke Energy Corporation (NYSE: DUK) and Nordson Corporation (NASDAQ: NDSN).

Schneider’s Jason Howe recognized as a 2024 “Pro to Know” for his leadership

Retrieved on: 
Tuesday, March 19, 2024

Howe was selected as one of the Top Shippers, a category which includes professionals in transportation sectors including freight, trucking, rail, air cargo and ship/ports.

Key Points: 
  • Howe was selected as one of the Top Shippers, a category which includes professionals in transportation sectors including freight, trucking, rail, air cargo and ship/ports.
  • In these capacities, Howe advocates for the tank truck industry, and he brings his learnings and insights back to Schneider.
  • Prior to joining Schneider, Howe served in the U.S. Army as an officer and helicopter pilot, holding several leadership positions including company commander.
  • “His exceptional leadership not only helps grow Schneider’s talent pool, but it also helps propel the organization toward success.

Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook

Retrieved on: 
Monday, March 18, 2024

The event will be led by Mike McGaugh, Myers Industries’ President and Chief Executive Officer, and will feature presentations from other members of the executive leadership team.

Key Points: 
  • The event will be led by Mike McGaugh, Myers Industries’ President and Chief Executive Officer, and will feature presentations from other members of the executive leadership team.
  • Materials supporting the event have been filed as of the time of this press release and are available on Myers’ investor relations website.
  • Mike McGaugh commented, “During this event we will highlight the progress we’ve made in successfully executing Myers Three Horizon Strategy, the foundation we’ve built through Horizon One, and the strategic focus of our Company as we transition to Horizon Two.
  • A complete recording of the Company’s Investor Day presentations will be posted to the Company’s investor relations website following the conclusion of the event.