Transportation News Releases

October 19, 2021 09:17

Resumption of Maritime Trade across East & South Asia Flexing Marine Shaft Power Meter Sales: Fact.MR

Extensive application of marine shaft power in cargo carriers for international trade and in container ships are increasing their sales. Following a period of decelerating sales amid COVID-19, the mar

October 18, 2021 10:40

Pony.ai to Start Driverless Tests on Public Roads in Beijing

Silicon Valley-based leading autonomous driving company Pony.ai, today announced that it has been authorized to conduct driverless tests on public roads in China’s capital city, Beijing. The company i

October 15, 2021 08:50

Jetcraft Commercial expands in Asia

Jetcraft Commercial, the commercial aircraft division of global aircraft trading firm Jetcraft, is today announcing the appointment of Christophe Potocki as Vice President of Sales. Based in Singap

October 13, 2021 11:00

Bentley Systems and SMRT Trains Collaborate to Improve Safety and Reliability of Metro Rail Services in Singapore

Bentley Systems, Incorporated (Nasdaq:BSY), the infrastructure engineering software company, and SMRT Trains, the pioneer Mass Rapid Transit (MRT) operator in Singapore, have successfully completed th

October 08, 2021 13:50

Deutsche Post DHL Group Publishes Preliminary Quarterly Results and Will Raise Short- and Mid-term Outlook Based on Continued Strong Earnings

Deutsche Post DHL Group (Symbol: DPW), the world’s leading logistics company, has today released preliminary results for the third quarter of 2021. The Group’s EBIT reached around EUR 1.765 billion in

October 08, 2021 13:30

Safety, Sustainability and Efficiency Top Agenda at Velodyne Lidar’s World Safety Summit on Autonomous Technology

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its fourth annual World Safety Summit on Autonomous Technology, which will focus on advancing safety, sustainability and efficiency. The summ

October 08, 2021 11:40

Lineage Logistics Completes Acquisition of Kloosterboer Group

Lineage Logistics LLC, a leading global temperature-controlled industrial REIT and logistics solutions provider, has completed its acquisition of Kloosterboer Group, a Netherlands-based, family-owned

October 08, 2021 10:03

Rail Gangways Sales to Top US$ 634 Mn as India and China Gear for Expansion of Railway Infrastructure: Fact.MR

The rail gangways market will witness lucrative growth opportunities in the Asia Pacific as an investment towards the expansion of rail infrastructure is improving across India, China, and Japan. Deve

October 06, 2021 15:00

Ouster to Establish Automotive Group with Planned Acquisition of Sense Photonics to Accelerate Automotive Growth and Bring Solid-State Digital Lidar to Market

Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”) announced today that it has signed a definitive agreement to acquire Sense Photonics (“Sense”), which has developed a digital solid-state lidar se

October 06, 2021 14:40

Vortex and Cepton Partner to Enable V2I Solutions With Smart Lidar and AI

Cepton Technologies (“Cepton”), an innovative provider of smart lidar solutions, and Vortex IoT (“Vortex”), a UK-based IoT solutions company, have combined their skills to turn UK buses into real-time

October 05, 2021 16:10

Jetcraft expands presence in Asia with new Singapore office

Jetcraft, the world leader in business jet sales and acquisitions, is announcing the opening of an office in Singapore to support growth in Southeast Asia and across the region. The office will be

October 05, 2021 15:30

Automakers are about to shake up the auto insurance industry

Last week, Elon Musk announced Tesla’s intent to launch a UBI (Usage-Based Insurance) product in Texas, starting in October. This came after GM’s and Ford’s recent launches of telematics insurance pro

September 30, 2021 17:15

ABB Launches the World’s Fastest Electric Car Charger

ABB is today launching an innovative all-in-one Electric Vehicle (EV) charger, which provides the fastest charging experience on the market. ABB’s new Terra 360 is a modular charger which can simul

September 29, 2021 15:30

Velodyne Lidar’s Intelligent Infrastructure Solution Selected for Major Deployment in University of California, Irvine Smart Cities Initiative

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution has been selected by the HORIBA Institute for Mobility and Connectivity2 (HIMaC2) in the University o

September 29, 2021 12:00

Woven Planet Holdings, a Subsidiary of Toyota, Acquires Vehicle Operating System Developer Renovo Motors

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation (“Toyota”), announced the acquisition of Renovo Motors, Inc. (“Renovo”), a pioneering Silicon Valley-based automo

September 29, 2021 10:30

Toshiba Starts Sample Shipments of Pre-Driver IC for Automotive Brushless Motors Supporting Functional Safety

Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has begun shipping test samples of “TB9083FTG,” a pre-driver IC for automotive applications that include brushless motors for electric powe

September 28, 2021 17:30

The Rohatyn Group Partially Divests Shareholding in the IPO of Sansera Engineering Limited on Indian Stock Exchanges

The Rohatyn Group (“TRG”), a global asset management firm with expertise in emerging markets and real assets, today announced that portfolio company Sansera Engineering Limited (“Sansera”) was admitte

September 28, 2021 13:20

FedEx Logistics Expands Worldwide Operations with New Office in Korea

FedEx Logistics, a subsidiary of FedEx Corp. (NYSE: FDX) and provider of specialty solutions that support FedEx services and facilitate global trade, announced the opening of an office in Seoul, South

September 27, 2021 16:30

Belam and Cepton Establish Partnership to Enable Safety at High-traffic Railway Level Crossings

Cepton, a Silicon Valley-based innovator of smart lidar solutions has teamed up with Lithuania-based system integrator Belam to improve road user and rail passenger safety by deploying lidar-enabled o

September 27, 2021 13:40

Eaton Introduces Zero-Leak Compact Combo Valve to Manage Harmful Fuel Vapors and Meet Upcoming Regulations

Power management company Eaton today announced its Vehicle Group has introduced a new zero-leak Compact Combo Valve that safely vents harmful evaporative fuel vapors in the tank by stacking a Fill Lim

September 27, 2021 10:30

Stephen Tsao Rejoins WiTricity as Managing Director for Asia

WiTricity, the company wirelessly charging the future of mobility, has hired Stephen Tsao as managing director for Asia, based in Hong Kong. Tsao was previously the company’s managing director for Gre

September 24, 2021 17:15

YASA Spin-Out Evolito to Electrify Aerospace Market With Ultra-High Performance, Low-Weight Electric Motors

Evolito, a new company developing and manufacturing electric motors and power electronics for aerospace applications, launched publicly today as a privately-owned business. Evolito was spun out ear

September 23, 2021 14:30

Toshiba’s New Simulation Technology for Model-Based Development Shortens Verification Times for Automotive Semiconductors by About 90 Percent

Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has developed a model-based development (MBD) simulation technology that shortens verification times for automotive semiconductors by about

September 16, 2021 17:10

Velodyne Lidar Calls for Action to Improve Pedestrian Safety

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a white paper, written by Velodyne experts and published by SAE International, that calls for independent performance testing of driver assis

September 15, 2021 15:30

WaveSense Announces Name Change to GPR, Marks Company Milestone with Next Generation of Ground Positioning Radar™ for Autonomous Mobility

WaveSense, the world’s only provider of Ground Positioning Radar™ for precise vehicle localization, announced today the release of its next generation radar—Aegis—and that it has changed its corporate

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