Bolt

Europe Ride-Hailing Operators Benchmark Analysis Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

The "Growth Opportunities for Ride-Hailing Operators in Europe" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities for Ride-Hailing Operators in Europe" report has been added to ResearchAndMarkets.com's offering.
  • The European ride-hailing market is rapidly evolving, shaped by technological advancements, changing consumer preferences, and regulatory dynamics.
  • Each player brings its own set of strategies, unique offerings, and localized approaches to cater to the diverse needs of European riders.
  • As the European ride-hailing market matures, companies are expected to continue adapting to changing consumer expectations, technological advancements, and regulatory frameworks.

Checkout.com Exclusively Partners with Bolt to Provide Accelerated Checkout

Retrieved on: 
Monday, March 18, 2024

SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Bolt, a leading checkout technology company, and Checkout.com, a global payment solutions provider, today announced a partnership set to expedite their shared mission to advance ecommerce. Through this collaboration, Bolt will become Checkout.com's exclusive one-click checkout provider and Checkout.com will become Bolt's preferred payment partner.

Key Points: 
  • Through this collaboration, Bolt will become Checkout.com's exclusive one-click checkout provider and Checkout.com will become Bolt's preferred payment partner.
  • Checkout.com is focused on boosting its merchant's conversion performance, and its partnership with Bolt provides enterprise retailers with a best-in-class one-click checkout solution.
  • "Checkout.com always drives towards innovation and accelerated checkout is an important part of our holistic payments offering.
  • "This collaboration underscores our commitment to innovation, delivering exceptional value to all our retail partners."

Evergrowth Kills its Sales Consultancy Business and Raises $2.2M to Claim the Account-Based Selling Software Category

Retrieved on: 
Thursday, February 22, 2024

This ultimately led to closing the consultancy business and going all-in on a scalable SaaS solution.

Key Points: 
  • This ultimately led to closing the consultancy business and going all-in on a scalable SaaS solution.
  • Prior to the release of this innovative technology, doing such deep research on individual accounts and their contacts took days.
  • Now, with the introduction of AI into Evergrowth’s methodology, JB, alongside his co-founders, is poised to transform account-based selling.
  • Our shared dedication to elevating the sales profession through innovative AI applications in the B2B space is a key reason for my investment in Evergrowth.

Bolt Express Develops New Artificial Intelligence (AI) Machine Learning System to Revolutionize Digital Freight Matching

Retrieved on: 
Wednesday, March 6, 2024

The company proudly announces the launch of its best-in-class digital freight matching system.

Key Points: 
  • The company proudly announces the launch of its best-in-class digital freight matching system.
  • This new digital system streamlines the freight matching process by seamlessly integrating via API, EDI, or XML with high-volume shipping accounts.
  • The system also includes a freight optimizer component, which automatically matches new shipment requests with the right-sized vehicle.
  • Bolt ensures a timely response to all new shipment requests while maximizing efficiency and controlling costs for its customers.

Exro Provides Corporate Update with Letter to Shareholders

Retrieved on: 
Wednesday, March 6, 2024

Thank you for your interest in learning more about Exro and our proposed merger with SEA Electric.

Key Points: 
  • Thank you for your interest in learning more about Exro and our proposed merger with SEA Electric.
  • As I write this letter, I find myself energized and more optimistic about our future than ever before.
  • I want to share Exro's perspective on the current landscape, how we are evolving our strategy in response, and the exciting opportunities that lie ahead for Exro and our shareholders.
  • This transition represents an opportunity for Exro as our technology is well-positioned to meet the emerging needs of this market segment.

ECI Software Solutions to Lead Two Education Sessions for Residential Construction Professionals at 2024 International Builders' Show

Retrieved on: 
Monday, February 19, 2024

LAS VEGAS, Feb. 19, 2024 /PRNewswire-PRWeb/ --

Key Points: 
  • Previously, Cain served in senior management positions for MarkSystems, ECI's flagship enterprise resource planning software for residential home builders.
  • Brad Haubert is a senior consultant of MarkSystems, Residential Construction Division for ECI Software Solutions, a global provider of cloud-based business management software and services.
  • With more than 30 years in the residential home design and building industry, Tiffin has expanded his knowledge of every facet of home construction.
  • To learn more about ECI's residential home construction products and initiatives at IBS, visit ECI's profile on the IBS website .

The macroeconomic effects of global supply chain reorientation

Retrieved on: 
Saturday, February 10, 2024
Bank, Control, Quarterly Journal of Economics, Literature, Deutsche Bundesbank, Reconstruction, COVID-19, Monetary policy, Medical classification, Aggregate, Interest, Hail, Motion, Organization, WT, Policy, Smith, Elasticity, American Economic Review, Information, CHiPs, Journal of Economic Perspectives, Reproduction, Tagliapietra, Culture, Journal of International Economics, Section 3, European Commission, Communication, B16, Shock, NTM, European Chips Act, SSC, PHT, B17, Classification, Common, Tradability, Bank of Italy, Congressional Research Service, NT, Central bank, Private, Exercise, NIU, Labour, PDF, Website, European Parliament, Terrorism, Employment, B10, SUBST, Agricultural economics, F62, RTK, Bank of England, European Central Bank, Calibration, Agriculture, Foreign policy, Semiconductor, International Monetary Fund, Research Papers in Economics, Outline, Council, Openness, Bias, Economic system, European Council, Public policy, Deutsch, Statistics, GDP, Real, American Economic Journal, Table, Journal, YT, EAGLE, Household, Grossman, Science, Conference, Journal of Comparative Economics, Horse, SSRN, TC, Consumption, REA, F13, Section 2, University, Section 5, Legislation, Money, NTD, Central Bank of Ireland, Language, Capital, University of Limerick, Intermediate, CBI, Caselli, Macroeconomics, Crowding, Technical report, B14, Tax, Civil service commission, Growth, Commission, UNCTAD, Optimism, Politics, PIM, PX, Work, Social science, JEL, Government, Automation, HTT, Quarterly Journal, Canadian International Council, ECB, XT, METRO, ELAS, Credit, Bolt, Research, European Communities, American Journal, ArXiv, Unilateralism, Lerner, Motivation, International, C6, Committee, Security (finance)

We analyse the macroeconomic

Key Points: 
    • We analyse the macroeconomic
      effects of supply chain reorientation through localisation policies, using a global dynamic
      general equilibrium model.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • The large sensitivity of the global economy to the recent supply chain shocks suggests that
      the international trade reconfiguration implied by localisation policies could also have sizable
      impacts on key macroeconomic variables such as output, employment and inflation.
    • Thus, localisation focuses on the
      goods in our model most closely related to global supply chains.
    • Retaliation also attenuates any positive effects from
      reshoring on output and implies a reduction in the volume of overall international trade.
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • Either that, or the economic costs are considered a worthwhile trade-off for an increase
      in security of supply, for example.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
      to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
    • To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
      a global dynamic general equilibrium framework.
    • Thus,
      localisation focuses on the goods in our model most closely related to global supply chains.3 We
      model reshoring through a direct change to the export goods? production-function parameters.
    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • This means that imports that are at the end of the supply chain (i.e.
    • In particular, our work relates to papers examining the potential for countries to reduce
      their exposure to global supply chains.
    • (2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
    • (2021) find no evidence of a relationship
      between global value chain integration and macroeconomic volatility.
    • This dynamic, along with factors such as natural disasters, climate-change
      induced volatility and terrorism mean that supply chain disruptions could be a new normal
      (Grossman et al., 2021).
    • Our work contributes to the literature providing dynamic general equilibrium analyses of
      protectionist policies, in particular those using global macroeconomic models to quantify trade
      policy changes.
    • (2008) analyse the effect of a rise in protectionism in response
      to rising global trade imbalances.
    • Linde? and Pescatori (2019) find that although the macroeconomic costs of a
      trade war are substantial, a fully symmetric retaliation is the best response.
    • (2020) consider a rich input-output structure and demonstrate that closer integration amplifies
      the adverse effects of protectionist trade policies.
    • Several recent studies have also examined the economic effects of a global trade fragmentation.
    • First, we modify a dynamic general
      equilibrium model of the global economy in order to analyse the transmission of localisation
      policies.
    • This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
    • 4

      There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
      (SOEs) reliant on global supply chains more affected.

    • ECB Working Paper Series No 2903

      7

      Second, we are able to assess both long-run effects and the transition dynamics of localisation
      policies.

    • Our model contains a detailed monetary block and captures inflation dynamics, which is a key
      concern for supply chain reorientation.
    • Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
      including effects of localisation on domestic competition and efficiency.
    • Section 2 provides a brief overview of the model, the modifications to examine
      global supply chain reorientation, some key details on the calibration and a brief discussion of
      the nature of our exercise.
    • (2020) for discussions of the relative strengths and weaknesses of
      trade and macroeconomic models in assessing large economic shocks.
    • 2.1

      Supply chain reorientation

      Our analysis focuses on imported inputs used to produce goods for export, as the introduction
      of localisation policies is in response to recent disruptions to global supply chains.

    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • Further to
      these effects, engagement with global firms provides an opportunity for knowledge spillovers to
      local firms (Criscuolo et al., 2017).
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • (B12)

      Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
      along the supply chain.

GEARWRENCH LAUNCHES MEGAMOD MASTER MECHANICS TOOL SETS, GIVING MECHANICS NEW OPTIONS FOR CUSTOMIZATION AND FLEXIBILITY

Retrieved on: 
Friday, February 2, 2024

SPARKS, Md., Jan. 29, 2024 /PRNewswire/ -- Something MEGA is coming to GEARWRENCH consumers, in a way only the most organized mechanics could imagine. Auto technicians have dreamed of owning master mechanics tool sets that not only include a large storage toolbox with a high-piece tool count, but additional shop equipment organized in foam trays that fit into the toolbox drawers. GEARWRENCH is making that dream a reality.

Key Points: 
  • SPARKS, Md., Jan. 29, 2024 /PRNewswire/ -- Something MEGA is coming to GEARWRENCH consumers, in a way only the most organized mechanics could imagine.
  • Auto technicians have dreamed of owning master mechanics tool sets that not only include a large storage toolbox with a high-piece tool count, but additional shop equipment organized in foam trays that fit into the toolbox drawers.
  • GEARWRENCH launched five new MEGAMOD Master Mechanics Tool Sets: MEGAMOD1268, MEGAMOD1024, MEGAMOD873, MEGAMODPRO and MEGAMODMRO.
  • With these tool sets, GEARWRENCH is solving the problem most technicians face when it comes to owning the ultimate tool set.

BayFirst Financial Corp. Reports Fourth Quarter 2023 Results; Highlighted by Net Interest Margin Expansion and Strong SBA Loan Originations

Retrieved on: 
Thursday, January 25, 2024

Earnings benefited from higher net interest income and lower provision for credit losses during the fourth quarter, as compared to the third quarter of 2023.

Key Points: 
  • Earnings benefited from higher net interest income and lower provision for credit losses during the fourth quarter, as compared to the third quarter of 2023.
  • Net interest margin including discontinued operations increased by 12 bps to 3.48% in the fourth quarter of 2023, from 3.36% in the third quarter of 2023, primarily due to increases in loan yields.
  • Net income was $1.7 million for the fourth quarter of 2023, compared to $1.9 million in the third quarter of 2023 and $1.3 million in the fourth quarter of 2022.
  • The net interest margin expanded by 12 bps to 3.48% in the fourth quarter of 2023, from 3.36% in the third quarter of 2023.

GOODYEAR INTRODUCES GOODYEAR® ELECTRICDRIVE™ 2 WITH ELEVATED PERFORMANCE CAPABILITY AND SUSTAINABLE MATERIALS

Retrieved on: 
Tuesday, January 9, 2024

AKRON, Ohio, Jan. 9, 2024 /PRNewswire/ -- At CES® 2024, The Goodyear Tire & Rubber Company (NASDAQ: GT) unveiled the latest tire in the ElectricDrive™ family: The Goodyear® ElectricDrive™ 2, an all-season electric vehicle (EV) tire enhanced with sustainable materials1, improved rolling resistance2 and long-lasting tread life to maximize drivers' EV performance. The new ElectricDrive™ 2 is the latest step in Goodyear's sustainability maturity and contains at least 50% sustainable materials per tire by weight1, 3. 

Key Points: 
  • The new ElectricDrive™ 2 is the latest step in Goodyear's sustainability maturity and contains at least 50% sustainable materials per tire by weight1, 3.
  • According to recent consumer EV research conducted by Goodyear4, maintaining a quiet ride and wet road performance are the top two features that EV owners look for when considering a tire.
  • The ElectricDrive™ 2 was designed with at least 50% sustainable materials, a focus on providing greater traction and maintaining a quiet ride."
  • For more information about the ElectricDrive™ 2, please visit www.goodyear.com or contact your local Goodyear authorized dealer.