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ArcBest® Wins Material Handling Solution of the Year Award for Vaux™ Technology

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest's Vaux technology suite wins Material Handling Solution of the Year. ArcBest is also joining a new robotics safety lab hosted by NVIDIA....
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PHINIA Present at Wells Fargo’s 2025 Industrials and Materials Conference

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, participated today, Tuesday, June 10, 2025, in the Wells Fargo’s 2025 Industrials and Materials Conference. PHINIA’s participation was in-person and consisted of a fireside chat and investor meetings. PHINIA’s President and CEO, Brady Ericson, and CFO, Chris Gropp, joined a fireside chat with Wells Fargo’s, Colin Langan. The event was webcasted and is...
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Leap and Xos Partner to Power the Grid with Electric Fleets

SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--Leap and Xos today announced a new partnership to unlock grid revenue opportunities for electrified fleets....
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Element and Samsara Partner to Launch Comprehensive Fleet and Operations Management Offering Across Canada and the United States

SAN FRANCISCO & TORONTO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, and Element Fleet Management Corp. (“Element”) (TSX: EFN), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a holistic fleet and operations management offering. This joint offering streamlines procurement and onboarding for shared customers, delivering greater safety and efficiency through the combined power of product so...
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PHINIA Announces Definitive Agreement to Acquire SEM

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today announced it has entered into a definitive agreement for PHINIA to acquire all of the issued and outstanding shares of Swedish Electromagnet Invest AB (publ) (“SEM”). Founded in 1915, SEM is a prominent provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors primarily fo...
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Former Dollar Tree CIO Josh Jewett Joins FourKites' Strategic Advisory Council

CHICAGO--(BUSINESS WIRE)--FourKites®, the global leader in AI-driven supply chain transformation, today announced that Josh Jewett, operating partner at NewRoad Capital Partners and former Chief Information Officer at Family Dollar and Dollar Tree, has joined its Strategic Advisory Council. Jewett brings extensive experience in retail technology strategy to FourKites' advisory council, where he will provide strategic guidance on product innovation and market expansion. During his eighteen-year...
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U-Haul Offers Disaster Relief across Dallas Metro after Storms, Flooding

DALLAS--(BUSINESS WIRE)--U-Haul® is offering 30 days of free self-storage and U-Box® container usage at 75 facilities throughout the Dallas-Fort Worth-Arlington metro area, as well as other parts of north and west Texas, after strong storms caused damage and widespread flooding on Sunday night. Dallas County experienced severe flooding and residential properties in Fannin County sustained tree and roof damage from powerful winds. Access to dry and secure self-storage units and portable storage...
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FedEx Corp. Board Increases Quarterly Dividend Five Percent

MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today approved an increase in the annual dividend rate on FedEx Corp. common stock of 5%, or $0.28 per share, to $5.80 per share for fiscal 2026 in line with the company’s continued focus on delivering stockholder value. The Board today also declared a quarterly cash dividend of $1.45 per share on FedEx Corp. common stock. The dividend is payable July 8, 2025 to stockholders of record at the close of business on...
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PHINIA Makes Paris Air Show Debut, Signaling Strategic Entry into Aerospace Market

PARIS--(BUSINESS WIRE)--PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced its inaugural presence at the world’s most prestigious aerospace industry trade show, the Paris Air Show 2025. Taking place between 16-22 June at Le Bourget Exhibition Center in Paris, PHINIA’s debut at the event marks a significant step in the company’s expansion into the aerospace industry. PHINIA will be exhibiting in Hall 4, Stand E97, where it will...
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Leading Company Strategies in the North American Class 6-8 Truck Market Profiled in New Report, with Focus on Daimler Trucks, Volvo Trucks, PACCAR and International Inc - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "2025 North American Class 6-8 Truck Manufacturers Strategy Playbook: Daimler Trucks NA, Volvo Trucks NA, PACCAR, International (Traton) - Strategy Focus, Key Strategies & Plans, SWOT, Trends & Growth Opportunities, Business and Market Outlook" company profile has been added to ResearchAndMarkets.com's offering. This 2025 Strategy Playbook Bundle provides a comprehensive analysis of leading industry manufacturers in North America's class 6-8 truck market, of...