Daimler Truck North America enters strategic partnership with Hexagon Purus for battery electric Freightliner eM2 for vocational applications
Daimler Truck North America, LLC (DTNA), the nation’s largest manufacturer of Class 6-8 commercial vehicles, has entered into a long-term agreement with Hexagon Purus, a…
Uganda leader scoffs at US withdrawing preferential trade access
President Yoweri Museveni derided the US over its withdrawal of Uganda’s preferential trade access and said the East African nation can achieve its development targets…
Kuehne+Nagel’s Healthcare Air Logistics network receives IATA CEIV Pharma re-certification
Kuehne+Nagel recently completed its third consecutive IATA CEIV Pharma certification of its entire air logistics healthcare network. This important milestone also positions Kuehne+Nagel as the…
Kerry Logistics Network wins eighth Asian 3PL Title at Supply Chain Asia Awards
Kerry Logistics Network wins eighth Asian 3PL Title at Supply Chain Asia Awards acclaimed for innovations in Integrated Warehousing Solution
RINA S.p.A. to appoint Carlo Luzzatto as CEO post close with Fondo Italiano d’Investimento
In line with the company's strategic goals, Carlo Luzzatto will take over from Ugo Salerno, who will remain in office as Executive President...
China invests $5.4 billion in two-year-old memory chipmaker
Semiconductor startup Changxin Xinqiao Memory Technologies Inc. has raised 39 billion yuan ($5.4 billion) from government-backed investors, a sign Beijing is doubling down on its…
China buyout firm Ascendent offers $1.6 billion for Hollysys
Ascendent Capital Partners, a China-focused private equity firm, has made a $1.6 billion takeover bid for Hollysys Automation Technologies Ltd. after scooping up shares in…
Riyadh Air puts final contours on major narrowbody aircraft deal
Riyadh Air is putting the final contours on a large narrowbody aircraft order that will help the new Saudi carrier expand its network and challenge…
Biden awards $16.4 billion for Northeast Corridor rail upgrades
President Joe Biden’s administration is providing $16.4 billion for rail infrastructure projects along Amtrak’s busy Northeast Corridor, including $3.8 billion for the Gateway Hudson River…
Hyster recognized by Fast Company for world’s first hydrogen-powered top-pick container handler
The solution, which is being piloted at the Port of Los Angeles, was named a finalist in the Innovation by Design Awards...
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