Author: News Room

Grosse Pointe, Michigan, Dec. 20, 2023 (GLOBE NEWSWIRE) — December 20, 2023 – In its second year of operation, Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, achieved $108.5 million in total sales across three live auction events. Broad Arrow’s auction schedule included a highly curated catalog sale as the official auction house of The Amelia ($31 million total) as well as a spectacular single-marque Porsche auction ($20 million total) in celebration of Porsche’s 75th Anniversary and a flagship Motorlux Auction in Monterey in ($57.5 million total). The team, led by industry veterans, achieved 16 world record auction prices over the course…

NEW YORK, Dec. 20, 2023 (GLOBE NEWSWIRE) — GreyOrange Inc., a leader in AI-driven fulfillment automation, today announced the first close of its Series D funding, securing $135 million. Led by Anthelion Capital (formerly Cowen Sustainable Investments) this investment reinforces GreyOrange’s innovative approach to transforming warehouse and retail store operations through a hardware-agnostic software platform and a dynamic range of certified robotic and sensing technologies. The company’s growth and adoption rates with market leading Fortune 500 customers validates GreyOrange’s capability to lead tech transformation in the global supply chain automation space. “Not only has GreyOrange automated the movement of goods…

MONTREAL, Dec. 20, 2023 (GLOBE NEWSWIRE) — The CSL Group (“CSL”), a global leader in responsible marine transportation services, is excited to announce a 20-year strategic partnership with Adelaide Brighton Cement Ltd. (“Adbri”) to build and operate the world’s first fully electric battery capable self-unloading vessel. The custom-designed ship will replace Adbri’s Accolade II and will support the company’s limestone operations in South Australia with a focus on enhanced efficiency and environmental responsibility. The ship will carry up to 2.7 million tonnes of limestone per year, which represents a 35% increase over the existing vessel’s carrying capacity. “Developed in line…

Dublin, Dec. 20, 2023 (GLOBE NEWSWIRE) — The “City Gas Distribution Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F” report has been added to ResearchAndMarkets.com’s offering. The Global City Gas Distribution Market is poised for significant growth, with a robust compound annual growth rate of 3.75% forecasted through 2028. The recent study highlights the surge in demand for cleaner energy alternatives, bolstered by governmental initiatives aimed at reducing reliance on traditional fuels. This shift is essential in the collective stride towards a more sustainable and environmentally sound future Environmental Concerns Propel Momentous AdvancementsWith the urgency of climate…

Dublin, Dec. 20, 2023 (GLOBE NEWSWIRE) — The “Warehouse Racking Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028” report has been added to ResearchAndMarkets.com’s offering. The Global Warehouse Racking Market has witnessed a significant upswing in growth, bolstered by the burgeoning demands of efficient storage solutions and the rapid acceleration of e-commerce activities. The latest research reports suggest that the market was valued at USD 9.05 billion in 2022 and is projected to continue its robust expansion with a CAGR of 4.56% through 2028. The report offers a comprehensive analysis of the industry, showcasing the innovations and…

Dublin, Dec. 20, 2023 (GLOBE NEWSWIRE) — The “Road Haulage Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F” report has been added to ResearchAndMarkets.com’s offering. The latest research provides comprehensive insights into the state of the Global Road Haulage Market, highlighting its pivotal role in international trade and the e-commerce sector’s expansion. This growth trajectory is expected to maintain its momentum, with the food and beverage segment and heavy commercial vehicles (HCVs) playing central roles in the market dynamics. Economic Expansion and International Trade Fuel Market Growth The increase in economic activities and the surge in international…

Dublin, Dec. 20, 2023 (GLOBE NEWSWIRE) — The “ISOBUS Component Market – A Global and Regional Analysis: Focus on Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2023-2028” report has been added to ResearchAndMarkets.com’s offering. The global ISOBUS component market is undergoing a significant transformation, thanks to the increased adoption of smart farming technologies that are pushing the agriculture industry towards more innovative and efficient practices. A comprehensive analysis and forecast spanning from 2023-2028 reveals substantial growth potential, particularly within niche sectors and specific geographical regions. The market’s advancement is closely tied to the rising…

Dublin, Dec. 20, 2023 (GLOBE NEWSWIRE) — The “Electric Vehicle Battery Formation and Testing Market – A Global and Regional Analysis: Focus on Vehicle Type, Application, Battery Chemistry, Deployment Method, Sourcing, Testing Type, and Country-Level Analysis – Analysis and Forecast, 2023-2032” report has been added to ResearchAndMarkets.com’s offering. The electric vehicle battery formation and testing market was valued at $1.42 billion in 2022, and it is expected to grow at a CAGR of 16.59% and reach $6.46 billion by 2032. The growth in the electric vehicle battery formation and testing market is expected to be driven by growing demand for…

Dublin, Dec. 20, 2023 (GLOBE NEWSWIRE) — The “Global Head-Mounted Display (HMD) Market by Type, Technology (AR, VR), Application (Consumer, Commercial, Enterprise & Industry, Aerospace & Defense), Product Type (Head-mounted, Eyewear), Component, Connectivity and Region – Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering. The global Head-Mounted Display (HMD) market is projected to reach USD 26.4 billion by 2029 from USD 7.5 billion in 2024 at a CAGR of 28.8% during the forecast period. The major factors driving the growth of Head-mounted Display (HMD) market are growing investments by significant key players in the development of HMD, availability…

ROUYN-NORANDA, Quebec, Dec. 20, 2023 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to report that Infinico Metals Corp” (INFM-TSXV), formerly called Burin Gold Corp., has made a discovery of significant lithium mineralization on the Dalhousie property located 180 km northeast of Val-d’Or, Quebec currently under option from Globex. The Dalhousie property is an advanced nickel, copper, cobalt exploration property with mineralization on surface and in drill…