Ryder Authorizes New Anti-Dilutive Program to Repurchase Up to 1.5 Million Shares

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced that its Board of Directors has authorized a new share repurchase program to mitigate the dilutive impact of shares issued under the company’s employee stock plans. The new program replaces Ryder’s previous anti-dilutive program, which expired […]

Strong FY2019 Results; Highest Profit in Over 10 Years

Strategic Actions Take Hold, Increasing Margins FY2020 Guidance Reflects Continued Growth MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2019 full year and fourth quarter results. GAAP net income for the fourth quarter and full year were $11.6 million and $24.3 […]

EFG Companies: The Industry’s Flat Future is a Rollercoaster

DALLAS–(BUSINESS WIRE)–#2020predictions—EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced its 2020 predictions and recommendations for the retail automotive and powersports F&I markets. With another flat year on the horizon, EFG leaders predict that the biggest changes will revolve around process improvements to better compete with industry disruptors and capitalizing on changing consumer […]

WekaFS Selected by Innoviz to Accelerate AI for Autonomous Vehicle Innovations

Autonomous vehicle technology leader benefits from high bandwidth I/O to its GPU cluster CAMPBELL, Calif.–(BUSINESS WIRE)–#AI—WekaIO™ (Weka), the innovation leader in high-performance, scalable file storage for data-intensive applications, today announced that Innoviz, a leading manufacturer of high-performance, solid-state Light Detection and Ranging (LiDAR) sensors and Perception Software that enables the mass-production of autonomous vehicles, has […]

Quemuel Arroyo, Former Chief Accessibility Specialist for NYC DOT, Appointed as Charge’s Global Head of Community

NEW YORK–(BUSINESS WIRE)–Charge, a micromobility company dedicated to building the largest network of electric charging, storage and service stations for e-scooters and e-bikes, today announced the appointment of Quemuel Arroyo to its executive team as the global head of community, where he will spearhead government and community relations, as well as oversee the company’s accessibility […]

Charge Extends Its Electric Fueling Stations of the Future Across the U.S. and Europe

With more than 6,000 real estate locations worldwide, Charge will begin an experiment program in Paris, as well as trials in Lyon, Lisbon and Milan, as it builds the largest network of electric charging, storage and service stations for micromobility NEW YORK–(BUSINESS WIRE)–Charge, a micromobility company dedicated to building the largest network of electric charging, […]

Charge Empowers Cities to Embrace Micromobility For All

With its vision for micromobility-servicing infrastructure, Universal Design and new technology applications, Charge defines a path forward for ensuring the accessibility, equity and sustainability of micromobility solutions NEW YORK–(BUSINESS WIRE)–Charge, a micromobility company dedicated to building the largest network of electric charging, storage and service stations for e-scooters and e-bikes, today announced its vision of […]

Aeva Reveals First 4D LiDAR on Chip for Autonomous Driving and Vote of Confidence from VW Group with Porsche SE Investment

Aeries, Aeva’s groundbreaking FMCW LiDAR-on-chip sensing system, is the first in the automotive industry to provide a combination of high range performance and low cost to take autonomous driving to mass scale. MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Aeva, the company building next-generation sensing for autonomous vehicles, announces the achievement of a critical milestone for the autonomous vehicles […]

New Company, Trupayments, LLC, Launches Grail® Technology Platform to Power Personalized Digital Marketing, Shopping and Retailing Solutions

Initial products, tru Shop-by-Payment® and tru RideItNow® serve automotive, powersports and RV verticals. CINCINNATI–(BUSINESS WIRE)–#advertisingagency–Automobile Consumer Services, Inc. (ACS), announced it has established truPayments, LLC, a financial technology company. In 2017, ACS engineers began building a new platform, GRAIL®, replacing its 11 year old DriveItNow® web application. When completed, GRAIL® will be the most robust […]

Fortive Announces Leadership Appointments for NewCo

EVERETT, Wash.–(BUSINESS WIRE)–Fortive Corporation (“Fortive”) (NYSE: FTV) today announced the appointments of Mark D. Morelli as President & Chief Executive Officer and David H. Naemura as Chief Financial Officer of NewCo, a global industrial company that Fortive previously announced it will form as part of its planned separation into two independent, publicly traded companies. Both […]