Belgium commercial lease – RGLB http://rglb.org/ Wed, 23 Nov 2022 14:31:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://rglb.org/wp-content/uploads/2021/06/icon-2021-06-25T174556.459-150x150.png Belgium commercial lease – RGLB http://rglb.org/ 32 32 Revolve provides an update on the development of its 80 MWh/20 MW Vernal battery storage project in the United States https://rglb.org/revolve-provides-an-update-on-the-development-of-its-80-mwh-20-mw-vernal-battery-storage-project-in-the-united-states/ Tue, 22 Nov 2022 07:08:24 +0000 https://rglb.org/revolve-provides-an-update-on-the-development-of-its-80-mwh-20-mw-vernal-battery-storage-project-in-the-united-states/ VANCOUVER, BC, November 22, 2022 /PRNewswire/ – Revolve Renewable Power Corp. (TSXV: REVV) (“Turn“or the”Company“) is pleased to provide an update on the ongoing development activity of its 80 MWh/20 MW Vernal battery storage project (the “BESS Vernal Project”) This press release is the last of a series of updates that the company will provide […]]]>

VANCOUVER, BC, November 22, 2022 /PRNewswire/ – Revolve Renewable Power Corp. (TSXV: REVV) (“Turn“or the”Company“) is pleased to provide an update on the ongoing development activity of its 80 MWh/20 MW Vernal battery storage project (the “BESS Vernal Project”) This press release is the last of a series of updates that the company will provide on its large-scale portfolio development in the United States.

Revolve Renewable Power Corp Logo (CNW Group/ReVolve Renewable Power Corp)

vernal project summary

The Vernal BESS Project is an 80 MWh / 20 MW battery storage project, located on a 47-acre parcel of land wholly owned and administered by the State Land Trust (the “State Trust”) in Uintah County4 miles north of Vernal, UT.

The project is the company’s first stand-alone battery storage project under development in the United States, which is a rapidly growing segment of the energy market in the country.

The project site already benefits from excellent access via the existing local road network and is close to the existing transmission infrastructure.

The Company has planned a very active work program in 2023 and is targeting an RTB (ready to build) date of 2024 for the Vernal BESS project.

Steve DaltonRevolve CEO commented, “We are excited about the progress made on the Vernal BESS battery storage project, our first battery storage project in our large-scale US portfolio. We look forward to working on some key milestones of the project over the next year. ahead of a target ready to build in 2024”

Development Highlights

The development activity of the Vernal BESS project began in May 2021 with the filing of an application to lease the project site to the State Trust at Utah. This was followed by the submission of an interconnection request and the determination of the authorization required for the project.

  • Site control – After completing the application process, signing a rental agreement with the State Trust in Jan 2022, which enables the development, construction and long-term operation of the Vernal BESS project. The area currently under contract is 47 acres, although the final project site is expected to use a much smaller footprint.

  • interconnection – the Vernal BESS project is ideally located less than half a mile from the existing transmission network in the region. In May 2022 the company has applied for an interconnection with Pacificorp, the transmission system operator/owner of the interconnection infrastructure adjacent to the project site as part of its Cluster 2 2022 study.

  • The results of this first phase of the study process were recently received by Revolve and are currently being evaluated with the Company’s technical advisors. Based on the analysis to date, the Company expects to advance the project to the next stage of the study process in early 2023.

  • Permit – The permitting requirements for a battery storage project are generally less onerous than those required for a wind or solar energy project and the timeframe should also be shorter. The company engaged Wood Group to prepare a permit matrix and schedule for the project. Permitting work on the project will begin in the first quarter of 2023 based on this matrix and is expected to take up to eighteen months to obtain full approval, given that the relevant authorities support the project.

Development activities 2023

The company plans to accelerate project development activity in 2023, with a particular focus on:

  • interconnection – the completion of the phase two study by Pacificorp and subject to the results of this study, the company will proceed to the next phase of the interconnection process.

  • Environment and Permits – start work on preparing applications for state and county permits required for the project. These include the completion of a development plan for the project, a cultural resources survey and report, a conditional use permit and the easements/permits required for the short transmission line that will be constructed to connect to the nearest substation.

  • Commercial – the Company is also actively following the all-source request for proposals (“RFP”) issued by Pacificorp in April of this year. The RFP seeks 1,945 MW of new wind, solar and battery storage capacity to help Pacificorp meet the targets set out in its 2021 Integrated Resource Plan (“IRP”). are due in the first quarter of 2023 for projects that can reach a commercial operation date by December 31, 2026. Further information on this RFP can be found at: https://www.pacificorp.com/content/dam/pcorp/documents/en/pacificorp/suppliers/rfps/pacificorps-2022-all-source-request -for-proposals/ PacifiCorp_2022AS_RFP_Main_Document.pdf

For more information on our assets, visit:
https://revolve-renewablepower.com/company-news/

About the revolution

Revolve was created in 2012 to capitalize on the growing global demand for renewable energy. Revolve is developing large-scale wind, solar and battery storage projects in the United States and Mexico with a portfolio of approximately 3,600 MW under development. The Company has a second division, Revolve Renewable Business Solutions, which installs and operates distributed generation (or “DG”) assets of less than 20 MW “behind the meter”. Revolve Renewable Business Solutions currently has an operating portfolio of 2.85 MW with an additional 6.2 MW under construction.

Revolve has an accomplished management team with a proven track record of moving projects from “greenfield” to “ready-to-build” (or “RTB”) status and successfully closing project sales to major operators large-scale renewable energy projects. To date, Revolve has developed and sold over 300 MW of projects.

Going forward, Revolve is targeting 5,000MW of large-scale projects under development in the United States and Mexicoand in parallel is rapidly developing its portfolio of revenue-generating DG (distributed generation) assets.

Forward-looking information

Although Revolve believes, having regard to the experience of its officers and directors, current conditions and expected future developments and other factors which have been deemed appropriate, that the expectations reflected in such forward-looking information are reasonable, it should not not place undue reliance on them as Revolve cannot give any assurance that they will prove to be accurate. When used in this press release, the words “estimate”, “project”, “believe”, “anticipate”, “intend”, “expect”, “plan”, “predict “, “may” or “should” and the negative of these words or such variations or comparable terminology are intended to identify forward-looking statements and information. Forward-looking statements and information in this press release include information relating to Revolve’s business plans and Revolve’s management’s expectations regarding the growth and performance of its business in United States and Mexico, including the planned capacity in MW of its projects; its expansion into the distributed generation market; potential opportunities in the distributed generation market; the completion and timing of development of its planned portfolio of distributed generation projects; completion of the transaction, including final approval of the transaction by TSXV; potential revenues and cash flows generated by its DG division; and the Company’s plans to develop, build and finance rooftop solar, battery storage and energy efficiency projects of up to 5 MW and enter into long-term power purchase agreements for the sale of electricity from projects with underlying customers. These statements and information reflect the current opinion of Revolve and/or Revolve, respectively.

The forward-looking statements contained in this press release are based on current expectations, estimates, projections and assumptions, given the Company’s experience and its perception of historical trends, and include, but are not limited to, expectations, estimates, projections and assumptions regarding the extent of regulation relating to the Company’s projects and Revolve’s ability to continue as a going concern. The risks and uncertainties that may cause actual results to differ materially from those contemplated in such forward-looking statements and information, including, but not limited to: the effects of weather, disasters and public health crises, including COVID-19; labor availability; disruptions to the Company’s supply chains; changes in the regulatory environment, including the interpretation of production tax credits; armed hostilities and geopolitical conflicts; failure to obtain necessary regulatory approvals on a timely basis, or at all; risks related to the development and potential development of the Company’s projects; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; the availability of tax incentives related to the development of renewable energy projects and the sale of electrical energy; as well as the factors discussed in the sections relating to risk factors discussed in the Company’s continuous disclosure documents filed on SEDAR. These statements and information reflect Revolve’s current view. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or other future events, to differ materially from the results, performance or future achievements expressed or implied by such forward-looking statements.

The forward-looking information contained in this press release represents Revolve’s expectations as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely on such information as of any other date. Revolve does not undertake to update this information at any time, except as required under applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCEReVolve Renewable Power Corp

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Lease Management Market Set to Fly High in Coming Years | https://rglb.org/lease-management-market-set-to-fly-high-in-coming-years/ Fri, 04 Nov 2022 19:18:00 +0000 https://rglb.org/lease-management-market-set-to-fly-high-in-coming-years/ Lease management market The latest published study on Global Lease Management Market by AMA Research assesses market size, trend and forecast to 2027. Lease Management Market study covers significant research data and proves that it is a handy reference document for managers, analysts, industry experts and other key people have access to self-analyzed research to […]]]>

Lease management market

The latest published study on Global Lease Management Market by AMA Research assesses market size, trend and forecast to 2027. Lease Management Market study covers significant research data and proves that it is a handy reference document for managers, analysts, industry experts and other key people have access to self-analyzed research to help understand market trends, drivers of growth, future opportunities and challenges and on competitors.

Key players in this report include:
Accruent (US), ResMan (US), RealPage (US), LeaseAccelerator (US), AppFolio (US), ZenTreasury (Finland), Microsoft AppSource (US), LeaseQuery ( United States).

Download sample PDF report (including full TOC, table and figures) @ https://www.advancemarketanalytics.com/sample-report/176679-global-lease-management-market

Scope:
Lease management includes cloud-based management and software as a service, it deals with lease administration with day-to-day execution of tasks and lease portfolio. It can be used in commercial as well as residential operations in small, medium and large organizations. Software and systems for rental operations manage the reporting, documentation, coordination of tasks involved in the rental-management portfolio.

Market trends:
Integration of rental management tools and software with various features for efficient service

Market factors:
Request for an appropriate lease management process to support lease obligations
Increased remote working in different regions for centralized access to lease information

Market opportunities:
Increasing Rental Properties Requires Accurate and Effective Lease Management

The Global Lease Management Market segments and market data breakdown are illustrated below:
by application (residential, commercial), lease (financial lease, operational lease, leveraged and non-leveraged lease, others), deployment (SaaS, cloud-based), organization size (small to medium sized organization , large organization)

The Global Lease Management Market report highlights insights regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders to make sound decisions that can help ensure the trajectory of earnings over the forecast years.

You have a question ? Inquire before purchase @ https://www.advancemarketanalytics.com/enquiry-before-buy/176679-global-lease-management-market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egypt, etc.)
North America (United States, Mexico and Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia).

Report objectives
To carefully analyze and forecast the lease management market size by value and volume.
-Estimating the market shares of the main rental management segments
– To present the development of the rental management market in different parts of the world.
To analyze and study the micro markets in terms of their contributions to the Rental Management market, their prospects, and individual growth trends.
-Offer accurate and useful details on the factors affecting the growth of Lease Management
-To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Lease Management market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments and product launches.

Buy a Full Assessment of the Lease Management Market Now @ https://www.advancemarketanalytics.com/buy-now?format=1&report=176679

Main highlights of the table of contents:

Lease Management Market Research Coverage:
It includes major manufacturers, emerging player’s growth story and major business segments of Lease Management market, years considered and research objectives. Further, segmentation based on product type, application, and technology.
Executive Summary of Rental Management Market: It provides a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends and issues, and macroscopic indicators.
Leasing Management Market Production by Region Leasing Management Market profile of manufacturers-players is studied based on SWOT, their products, production, value, financials, and data. other vital factors.

Key points covered in the Lease Management market report:
Overview, Definition and Classification of Lease Management Market Drivers and Barriers
Lease Management Market Competition by Manufacturers
Impact Analysis of COVID-19 on the Lease Management Market
Rental Management Capacity, Production, Revenue (Value) by Region (2022-2027)
Rental management supply (production), consumption, export, import by region (2022-2027)
Rental management production, revenue (value), price trend by type {}
Lease Management Market Analysis by Application {Residential
Commercial}
Rental Management Manufacturers Profiles/Analysis Rental Management Manufacturing Cost Analysis, Supply Chain/Industry Analysis, Sourcing Strategy and Downstream Buyers, Marketing

Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

Browse Full Abstract & Table of Contents @ https://www.advancemarketanalytics.com/reports/176679-global-lease-management-market

Answers to key questions
How feasible is the rental management market for a long-term investment?
What are the factors influencing the demand for rental management in the near future?
What is the impact analysis of various factors on the growth of the Global Lease Management Market?
What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact us:
Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (551) 333 1547
sales@advancemarketanalytics.com

About the Author:
Advance Market Analytics is a global market research industry leader that provides quantified B2B research to Fortune 500 companies on emerging, high-growth opportunities that will impact over 80% of global business revenue.
Our analyst tracks high growth study with detailed and in-depth statistical analysis of market trends and dynamics that provides a comprehensive overview of the industry. We follow a thorough research methodology coupled with critical insights related to industry factors and market forces to generate the best value for our clients. We provide reliable primary and secondary data sources, our analysts and consultants obtain informative and usable data tailored to the business needs of our clients. The research study enables clients to achieve varied market objectives ranging from global footprint expansion to supply chain optimization and competitor profiling to mergers and acquisitions.

This press release was published on openPR.

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Openings and closings: commercial events in the region | Economic news https://rglb.org/openings-and-closings-commercial-events-in-the-region-economic-news/ Sat, 29 Oct 2022 12:00:00 +0000 https://rglb.org/openings-and-closings-commercial-events-in-the-region-economic-news/ From new apartments approved to restaurants reopening and ready to serve, here’s your weekly look at what’s happening with businesses in your neighborhood. ALLENTOWN REDEVELOPMENT AUTHORITY: 725 N. 10th St., Allentown The old Allentown Toy Building could become a center for the community, if the city’s redevelopment authority can fund the conversion. The authority bought […]]]>

From new apartments approved to restaurants reopening and ready to serve, here’s your weekly look at what’s happening with businesses in your neighborhood.






ALLENTOWN REDEVELOPMENT AUTHORITY: 725 N. 10th St., Allentown

The old Allentown Toy Building could become a center for the community, if the city’s redevelopment authority can fund the conversion.

The authority bought the property in April for $400,000 and hopes to deter blight from the town center and provide affordable housing on the site.

The first floor would be a community space, with some offices, and the second floor could become apartments.

The plan could cost up to $2 million, and the authority is exploring grants or other funding for the old toy factory. Get the full story.

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ANGRY JACK’S: outlets in Wind Creek, Bethlehem

Angry Jack’s opened at the Wind Creek Outlets, between the casino and the event center.

The new business has 10 ax throwing lanes and offers coaching. The company organizes corporate and private events, fundraisers and leagues.

Bring your own food, beer, soda water, and wine are allowed in Bethlehem, but hard liquor is not.

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CONCANNON MILLER: 1525 Valley Center Parkway, Hanover Township

The venerable accounting firm in Lehigh Valley will have a new name effective Nov. 1, when it becomes part of CliftonLawsonAllen, also known as CLA. Concannon Miller shareholder Andrea Brady said the move will help the local business grow.

Concannon Miller has offices in the Lehigh Valley and St. Petersburg, Florida. These offices will operate under the CLA name. CLA is based in Minnesota and is the eighth largest accounting firm in the United States Learn more.

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GREYSTONE CAPITAL/LOU PEKTOR APARTMENTS: 1493 Van Buren Road, Palmer Township

Developer Lou Pektor’s proposal for an industrial building in Palmer Township could turn into an apartment complex. Pektor and the Board of Supervisors discussed zoning changes on Tuesday that would allow residential use of the property.

Pektor and his neighbors said they would prefer apartments to an industrial operation, but the developer’s team asked for the review process to be expedited, not helped for years. Pektor’s proposal will be discussed again in January. Get all the details.

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KEYSTONE PROPERTY MANAGEMENT AND MAINTENANCE: 4095 rue Chestnut, Emmaüs

The commercial and residential property management company has opened a new office in Emmaus, offering DIY supplies at discounted prices.

Keystone will also open a property management branch at the Chestnut Street location. The Lehigh Valley Company screens tenants, collects rents, and maintains properties, among other services.

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MISSION AUTISM CLINICS: 1510 Valley Center Parkway, Hanover Township, and 7350 Tilghman St., Upper Macungie Township

The child and young adult therapy provider is adding two clinics in the Lehigh Valley, after opening a site in Bethlehem in July.

Sarah Finney Miller of commercial real estate firm NAI Summit negotiated the three leases for Mission Autism, which will also add a clinic in Harrisburg for a total of 10 in Pennsylvania.

Mission Autism’s therapy is designed to improve skills, address behavioral issues and help children with autism learn to navigate the world around them.

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RIVER HILL ESTATES: Farmersville Road, Bethlehem Township

Kay Builders’ River Hill Estates, a 29-acre development of 44 single-family homes and 36 multi-family units, was approved Monday by the Bethlehem Township Board of Commissioners.

The developer said the new accommodation will have no effect on stormwater issues in the nearby Birchwood area. Read the full story.

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SO FRESH N SO CLEAN: 750 S. 25th St., Palmer Township

The new laundromat held a grand opening last month. So Fresh N So Clean also provides washing and folding. His hours, as posted on social media, are 6 a.m. to midnight.

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ULINE: 8449 Congdon Hill Drive, Lower Macungie Township

The distribution company added approximately 1 million square feet to its warehouse empire. The Lower Macungie site is Uline’s first location outside of the Midwest.

The company sells shipping and packaging supplies and transports approximately 40,000 different items. Uline is looking to hire at the new warehouse, which will support its Allentown operation. Read more.

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Poconos Charcoal O&C

MAGNOLIA INN & WELLNESS CENTER: 11 Knob Road, Mt. Pocono

The Magnolia Streamside Resort has expanded into the Inn & Wellness Center, with therapy, a cafe and juice bar, and six rooms for lodging.

The center will offer halo salt therapy, colon hydrotherapy, steam room, infrared sauna, cupping and more. The juice cafe’s offerings include smoothies, coffee and tea, acai bowls, paninis, and snacks.

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Southeastern AP O&C

IGU INC. : 460 N. Gulph Road, King of Prussia

The utility company has divested its UK energy marketing business and continues to review other European operations. UGI has sold AvantiGas ON to British Gas for an undisclosed price.

The gas and electric utility continues to review business in France, Belgium and Germany. AvantiGas ON has supplied natural gas to 13,000 metering points in the UK Learn more.

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West NJ O&C

CATCH 22 DINNER: 1102 Route 22 East, Lopatcong Township

The restaurant which suffered a fire a few hours before its scheduled opening in September is back. Owner Tony Arzuaga said his first day back on Tuesday was busy and he was ready for a big weekend. His son Jose is co-owner of the Hispanic-American restaurant.

Cheesesteaks were a big part of the first day, said Tony Arzuaga. He’s ready for whatever comes next, including perhaps extending his hours beyond 7 a.m. to 7 p.m. every day.

“Come in,” he said. “We are ready. You are coming to Catch 22 as a guest. You are leaving as a family.”

Just down the road, the Key City Diner also burned down on September 16. Key City owners are rebuilding but may not reopen until summer 2023. Read the full story.

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MELT ICE CREAM BAR: 140 S. Main St., Phillipsburg

The downtown Phillipsburg dessert shop says it’s looking for a new space in the Easton/Lopatcong/Greenwich area. Melt’s social media posts indicate that the property will not be renewing its lease next May.

If Melt doesn’t find a new location in time, he will operate from his truck and add a second truck next summer. The ice cream bar also indicates that it will be closed from November 7 to December 30, except for private parties.

***

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TUI Belgium will lease 3 Embraer E195-E2 aircraft to AerCap https://rglb.org/tui-belgium-will-lease-3-embraer-e195-e2-aircraft-to-aercap/ Thu, 20 Oct 2022 11:19:00 +0000 https://rglb.org/tui-belgium-will-lease-3-embraer-e195-e2-aircraft-to-aercap/ Tui Belgium is expected to welcome the Embraer E195-E2 into its fleet from the first half of next year. Embraer revealed today that the airline has signed an agreement with AerCap to lease three of the aircraft to operate short and medium-haul routes, mainly from Antwerp. While the Boeing 737 is the backbone of TUI’s […]]]>

Tui Belgium is expected to welcome the Embraer E195-E2 into its fleet from the first half of next year. Embraer revealed today that the airline has signed an agreement with AerCap to lease three of the aircraft to operate short and medium-haul routes, mainly from Antwerp.


While the Boeing 737 is the backbone of TUI’s short-haul fleet, TUI Belgium also operates four Embraer E190s leased from three lessors, according to ch-aviation.com. Now, the latest generation of the Embraer family of commercial aircraft is set to join the TUI Belgium fleet following the signing of a long-term lease with AerCap.

SIMPLEFLYING VIDEO OF THE DAY

Take three E195-E2

TUI Belgium is expected to take three E195-E2s from AerCap, with deliveries of these aircraft scheduled for January-June next year. According to Embraer, these planes will come with a single-class configuration that can accommodate up to 136 passengers with four seats per row. The planes are powered by Pratt & Whitney engines which consume less fuel while operating over a longer distance, emitting less CO2.

Photo: Embraer

TUI Belgium says it will mainly base these three aircraft from Antwerp, a city in northern Belgium. The airline’s director, Marco Ciomperlik, remarked that,

“They will fly to more distant airports, which will allow us to expand to new holiday destinations from the north of Belgium”

About the E195-E2

The Embraer E195-E2 is the largest aircraft currently in the Embraer E2 family. According to the manufacturer, the aircraft can accommodate 132 passengers with a pitch of 31 inches. We can therefore extrapolate that the TUI E195-E2s will have a pitch just below.

With full passengers in a single class of seats and a reserve of fuel, the aircraft can cover a range of 2,600 nautical miles or 4,815 kilometers. From Antwerp, that means the plane could fly to all of Europe, parts of the Middle East, much of North Africa and even the tip of Canada.

Photo: Embraer

The Antwerp operations of TUI Belgium

According to hourly data from Cirium, TUI Belgium has only scheduled 20 flights to five destinations from Antwerp this month. These are the following,

  • Malaga, Spain (AGP) – Eight flights
  • Alicante, Spain (ALC) – Six flights
  • Nador, Morocco (NDR) – Two flights
  • Corvera, Spain (RMU) – Two flights
  • Tangier, Morocco (TNG) – Two flights

Interestingly, only one additional destination should be on the schedule for next July so far (Innsbruck, Austria). However, the carrier is planning many more rotations, given the increase in summer demand. 68 rotations are scheduled for July 2023. 18 rotations are scheduled for Alicante alone, which almost equals the entire October 2022 schedule.

What do you think of TUI Belgium’s commitment to fly the Embraer E195-E2? Let us know what you think and why in the comments below!

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Turnout on first day of early voting in Georgia breaks midterm record | app https://rglb.org/turnout-on-first-day-of-early-voting-in-georgia-breaks-midterm-record-app/ Tue, 18 Oct 2022 17:04:30 +0000 https://rglb.org/turnout-on-first-day-of-early-voting-in-georgia-breaks-midterm-record-app/ ATLANTA — The first day of early voting in Georgia set a new midterm turnout record, with nearly 123,000 in-person voters casting their ballots, an early sign of strong interest in this year’s election. Monday’s turnout far exceeded the last midterms in 2018, when about 71,000 people showed up at the start of early voting, […]]]>

ATLANTA — The first day of early voting in Georgia set a new midterm turnout record, with nearly 123,000 in-person voters casting their ballots, an early sign of strong interest in this year’s election.

Monday’s turnout far exceeded the last midterms in 2018, when about 71,000 people showed up at the start of early voting, according to state election data.

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FedEx to invest $64 million in South Carolina expansion https://rglb.org/fedex-to-invest-64-million-in-south-carolina-expansion/ Wed, 12 Oct 2022 19:53:53 +0000 https://rglb.org/fedex-to-invest-64-million-in-south-carolina-expansion/ The new building is located on a 39.26 parcel in Myrtle Beach. The site was chosen because of its easy access to major highways, its proximity to customer distribution centers and a strong local workforce community for recruiting employees. The facility will employ a mix of full-time and part-time employees that will accommodate seasonal demand. […]]]>

The new building is located on a 39.26 parcel in Myrtle Beach. The site was chosen because of its easy access to major highways, its proximity to customer distribution centers and a strong local workforce community for recruiting employees. The facility will employ a mix of full-time and part-time employees that will accommodate seasonal demand.

“Today we celebrate another victory for FedEx Ground and Horry County,” said Mike Hagg, president of the Myrtle Beach Regional Economic Development Corporation (MBREDC). “Thank you to everyone for the planning and hard work that made this possible. We celebrate great business, investment in Horry County, and more competitive wages for the workforce. On behalf of the entire MBREDC Board of Directors, staff and partners, I would like to congratulate FedEx Ground on their new facility, past successes and future successes.

Growing agricultural hemp business in County Clarendon

SC Canna, LLC, an agricultural hemp company, will establish its indoor cultivation operations in Clarendon County. The company’s $8.8 million investment is expected to create 37 new jobs.

A subsidiary of Sirius-A-Bioscience, SC Canna is an integrated producer and marketer of medical grade hemp products. Founded by South Carolina natives, the company specializes in aeroponics, which grows hemp indoors, from seed to wholesale.

“We are very excited to grow SC Canna, LLC in our own backyard,” said Thomas Schipper, Managing Partner of SC Canna, LLC. Our high-tech cultivation system will be the first of its kind in South Carolina. “We look forward to cultivating and strengthening our ability to provide as many therapeutic resources as possible to our healthcare customers. The South Carolina Governor and Department of Commerce, and the Clarendon County Economic Development Team have been instrumental in expanding our operations. We are truly grateful for their leadership.

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Marks and Spencer Group PLC slumps as it warns of cost pressures and cuts more full-range stores https://rglb.org/marks-and-spencer-group-plc-slumps-as-it-warns-of-cost-pressures-and-cuts-more-full-range-stores/ Wed, 12 Oct 2022 13:35:00 +0000 https://rglb.org/marks-and-spencer-group-plc-slumps-as-it-warns-of-cost-pressures-and-cuts-more-full-range-stores/ Shares of Marks and Spencer Group PLC (LSE:MKS) fell sharply after warning of cost pressures and unveiling plans to cut more stores. In a presentation to institutional investors, it said it would reduce the number of full-line stores by 67 by 2028 to bring the total to 180. And in a plan to focus on […]]]>

Shares of Marks and Spencer Group PLC (LSE:MKS) fell sharply after warning of cost pressures and unveiling plans to cut more stores.

In a presentation to institutional investors, it said it would reduce the number of full-line stores by 67 by 2028 to bring the total to 180.

And in a plan to focus on food, it will open 104 Simply Food stores to take the number to 420.

On costs, he said he has seen wage inflation of around 7% and expects more to happen in 2023.

Energy costs were £40m higher than expected and without support he could face headwinds of over £100m next year.

He said the cost of groceries was already under pressure, while dollar pressure on clothing was yet to come.

Its shares are down 6.02% to 92.29p.

2:02 p.m .: JD Sports Fashion falls as CFO announces departure

JD Sports Fashion PLC (LSE:JD.) is out of fashion after announcing that its chief financial officer will step down next year.

Neil Greenhalgh joined the company in 2004 and has been in his current role since November 2018.

This is the second change in the main jobs in recent months. In August, the company named Régis Schultz as chief executive after Peter Cowgill stepped down as executive chairman in May.

Greenhalgh said: “The decision to retire from JD in 2023 is a decision I have considered for some time. I fully intend to help [chairman Andy Higginson] and Régis settle into their roles and, by notifying the Board of Directors, enable a smooth transition to a new CFO.”

Its shares are down 8.71% to 90.80p.

12:15 p.m .: Kin + Carta advances after optimistic outlook

Consulting firm Kin + Carta (LSE:KCT) climbs after a positive update.

He said full-year revenue jumped 48% to £190.3m, although the total pre-tax loss from continuing operations was £15.9m, compared with a loss of £5.8 million.

The rise was due to acquisition- and retirement-related charges as well as lease-related impairments and provisions, he said.

Turning to the outlook, he said a record order book of £96 million at year-end, a record demand pipeline and new customers gave the board confidence in the ambitions of business growth.

It expects organic growth of 15% to 20% in constant currency for 2023, with additional growth of 6 to 7% from annualizing prior year acquisitions. He said if rates remained close to current levels, he expected further growth in total net income and adjusted operating profit.

Managing Director Kelly Manthey said, “After a strong business year, the company’s foundations are well established and our goals are set on the continued success of our customers and profitable global growth.”

Its shares added 5.26% or 10p to 200p.

11:16 am: Synthomer (LSE:SYNT) slips after suspending dividend payments

Chemical company Synthomer (LSE:SYNT) shocked the market by announcing that it was suspending its planned dividends and that it was in talks with its banks.

At an investor seminar, the group said:[The] the key priority is to bring leverage back to its target range of 1-2X and management will outline initiatives to achieve this.

“The company is in talks with its banks to ensure there is enough headroom for its covenants going forward.

“As part of the waiver process, the board has suspended dividend payments until the end of 2023, including the payment which is due in November.”

He said his medium-term financial goals include single-digit percentage growth at constant currencies, an EBITDA margin of more than 15%, and a return on capital employed in the mid-1920s.

Its shares are down 11.46% or 11.05p to 85.35p.

10:02 am: Steppe intensifies after shareholders increase stake

Steppe Cement (AIM:STCM) racked up a gain after a few shareholders increased their stakes.

The family of chief executive Javier del Ser Perez bought 300,000 shares at 31.7p per ordinary share, taking their stake to 8.47%.

Meanwhile, the family of major shareholder David Crichton-Watt paid between 31p and 31.75p for 2,820,000 shares between September 19 and October 11. The purchase increases their shareholding from 15.68% to 16.97%.

In the market, shares of Steppe climbed 4.76% to 33p.

8:42 am: Physiomics unveils agreement to work with cancer research

Physiomics PLC (AIM:PYC) is heading higher after the consultancy firm signed a deal with Cancer Research UK.

The company specializes in mathematical modeling and simulation for the development of drugs for the biopharmaceutical industry.

Under the terms of the agreement, it will use its PKPD modeling capabilities to support Cancer Research UK-sponsored early-stage clinical development of ALETA-001, a CAR-T cell-engaging candidate for the treatment of blood cancers developed by Aleta Biotherapeutics. The PKPD modeling project is expected to be completed this calendar year.

Chief Executive Dr Jim Millen said: “We are delighted to be working with Cancer Research UK, the world’s leading cancer charity. Although we have previously worked with clients whose first clinical trials are sponsored by Cancer Research UK’s Center for Drug Development, this project marks the first time that Physiomics has worked directly with Cancer Research UK.”

Its shares are up 14.29% or 0.3p to 2.4p.

Elsewhere, Invinity Energy Systems PLC (AIM:IES) emerged after its first sale in Europe.

The utility-grade energy storage manufacturer has sold a 0.8 MWh Invinity VS3 flow battery system to Bouygues-owned Equans Belux for use at one of their sites in Belgium.

Equans considers this project as an important reference site to present this new solution to its customers, but also to validate the performance of Invinity’s flow batteries in terms of suitability for future projects.

The batteries will be assembled at Invinity’s facilities in Bathgate and delivery is expected in early 2023.

Matt Harper, Chief Commercial Officer of Invinity, said, “Invinity’s first VS3 sale in the European market is exciting for us, especially given the strength of our customer. Equans and Bouygues are world leaders in providing technical services that help commercial and industrial businesses to be profitable. navigate the low-carbon energy transition. We are excited to have the opportunity to demonstrate how Invinity’s sustainable, secure and cost-effective energy storage solutions can help accelerate this transition across Equans’ entire customer portfolio.

Invinity is up 6.12% or 1.5p to 26p.

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Live News: Online Discounts Will Hit Record Highs This US Holiday Shopping Season https://rglb.org/live-news-online-discounts-will-hit-record-highs-this-us-holiday-shopping-season/ Mon, 10 Oct 2022 21:40:43 +0000 https://rglb.org/live-news-online-discounts-will-hit-record-highs-this-us-holiday-shopping-season/ 2022 is a year of meaningful votes. Some were expected, others not. Some have more legitimacy than others. This week, there will be a lot of analysis on this last point. The most important of these will be an installation process rather than an election. The Chinese Communist Party begins its five-year congress on Sunday, […]]]>

2022 is a year of meaningful votes. Some were expected, others not. Some have more legitimacy than others. This week, there will be a lot of analysis on this last point.

The most important of these will be an installation process rather than an election. The Chinese Communist Party begins its five-year congress on Sunday, the most notable element of which will be the handing over of a historic third term to the leadership of President Xi Jinping. The outlook is not good – “a tragic mistake”, according to FT economics editor Martin Wolf.

A pressing concern for Xi’s government is the collapse of the housing market, which together with the zero Covid policy and difficult economic conditions has stalled China’s strong growth, which for the first time since the early 1990s will lag behind the rest of Asia. this year, according to the World Bank. Getting the Chinese consumer to spend more is the obvious way to restore growth. The problem for Xi and his senior lieutenants with this solution is that it would mean giving up some of their political power.

Before all this comes another point of tension for Beijing. Monday is the National Day holiday in Taiwan and the country’s soft-spoken President Tsai Ing-wen will deliver a speech.

China claims Taiwan as its territory. Nicola Sturgeon’s Scottish National Party would no longer like to be seen as the territory of the British government. Sturgeon will make that clear in his party’s closing conference speech on Monday. A day later, the SNP’s risky plan for another referendum on the issue will be heard by the UK Supreme Court.

The British government refused to grant the power to hold another vote. The two-day Supreme Court hearing is due to end on Wednesday.

If the court agrees with the UK government, that would not necessarily be the end of the SNP’s bid for a second referendum, but it would almost certainly undo Sturgeon’s stated aim of holding a vote in October 2023, as it should pass legislation.

London’s iconic Battersea Power Station reopens in a new form as a retail, leisure and residential building © Jason Hawkes

Speaking of second chances, but away from discussing votes, this Friday will see the reopening of London’s Battersea Power Station in a new guise, as a retail, leisure and residential building.

Sounds like good news in troubled times. Expectations are higher than the building’s four chimneys, which you can ascend — for a fee — in a glass elevator. And the £9bn refurbishment, completed after many previous attempts failed, is so cool that Apple is taking a few floors for its UK workforce. Whatever your opinion, the restoration of this iconic 1930s building is energizing the local real estate market.

Economic data

It’s a calmer start to the week for the markets as the US is closed for Columbus Day. However, we will catch up as the week progresses.

Inflation is a theme (will it ever be?), driven by data from the US and China. The Fed will also release the minutes of its September meeting, which will be watched for indications of its future intentions to tighten monetary policy to stifle the rising cost of living.

The annual meetings of the IMF and the World Bank also begin in Washington on Monday and run throughout the week.

Companies

This week will be a mixed bag of results, but a few sectors will figure prominently as the reporting season kicks off.

A buoyant job market should have helped recruitment firms PageGroup and Robert Walters achieve higher net quarterly fees. But their trade updates will be watched for signs of slowing demand as inflation and recession fears grow.

The week will end with a rush for third-quarter results from Wall Street banks, likely to fuel concerns about a US recession. Citi, JPMorgan Chase, Wells Fargo and Morgan Stanley all report Friday – Bank of America and Goldman Sachs will follow next week – and analysts expect these six institutions to collectively set aside more than $4 billion to cover potential losses from bad debts.

Line chart of loan loss provisions in billions of dollars showing U.S. banks beginning to build loan loss provisions

On the bright side, third-quarter revenue from JPMorgan, BofA, Citi and Wells is expected to have risen about 4% year-over-year on higher net interest income following the Fed’s rate hike, our report notes. American banking journalist. Goldman and Morgan Stanley, which derive a larger share of their income from investment banking, are expected to see lower revenue given the drop in trading activity.

Read the full schedule for the week ahead here.

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Ships to Sail the Canal to Kolkata by Night in 6 Months https://rglb.org/ships-to-sail-the-canal-to-kolkata-by-night-in-6-months/ Fri, 07 Oct 2022 13:36:54 +0000 https://rglb.org/ships-to-sail-the-canal-to-kolkata-by-night-in-6-months/ Kolkata, Oct. 7 (IANS): Night sailing between Sagar and the Port of Kolkata is expected to begin within the next six months, with mooring between the Port of Syama Prasad Mookerjee (SMP), Kolkata and the Port of Antwerp in Belgium. Special software called Quester will be imported and customized to pre-set a route along […]]]>

Kolkata, Oct. 7 (IANS): Night sailing between Sagar and the Port of Kolkata is expected to begin within the next six months, with mooring between the Port of Syama Prasad Mookerjee (SMP), Kolkata and the Port of Antwerp in Belgium.

Special software called Quester will be imported and customized to pre-set a route along the Hooghly that will be used by pilots navigating between the sea and Calcutta. Haldia’s port facility, known as Haldia Dock Complex (HDC), has night navigation facilities.

“Within the next couple of months, we hope to have overnight navigation facilities between Budge Budge and the Kolkata Dock System (KDS). The remaining stretch of the river will be completed in about six months. We had sent a team of five KDS pilots to study the system in Antwerp. Another five-person team will soon visit the Belgian port. Experts from Antwerp have also traveled to Calcutta and checked the system here,” Vinit Kumar said on Friday. Past President of SMP, Calcutta.

According to him, three developments will take place to allow night navigation. One of them is to create illuminated markers on the ground so that the pilots can orient themselves. Second, buoys along the shipping channel will be illuminated. Finally, the software will use artificial intelligence (AI) to suggest the best path, based on tidal movement, draft and distance from shore. This information will be specific to a vessel and the time the movement is being made. Pilots can access it on their laptops while navigating the ships.

“Once KDS can use both tides in one day, a lot of time will be saved. Even if one day is saved, it will result in a cost reduction of at least $10,000 per vessel. Once the costs are reduced, the Kolkata port can expect more traffic.Now a vessel bound for Kolkata which arrives at Sagar anchorage in the evening has to wait overnight until sunrise the next morning to sail upriver. , a ship that has completed work at KDS in the late afternoon has to wait until the next morning to depart. This delay costs money,” Kumar added.

Kumar, a cadre officer of the Indian Railway Service of Electrical Engineers (IRSEE), will step down as SMP, Chairman of Kolkata on Saturday. His five-year tenure was difficult, given the crisis during the pandemic period. However, it was under his responsibility that SMP, Kolkata handled a record cargo of 64 million tons.

This was during the 2019-2020 fiscal year. The following year was tough. In 2021-2022, SMP, Kolkata processed 61 million tons. In 2022-23, the port is expected to set a new record by handling over 65 million tonnes.

“In the first two quarters, we have already handled 30.4 million tons. The best is yet to come as good weather has set in and SMP, Kolkata will tranship large quantities of cargo from the Sandheads and Sagar The port had slipped to sixth place among the main ports in the country. This year it will return to number 5. Our project to restore the paddle steamer Bhopal (now renamed Bengal Paddle) has been a great success. None of this kind has happened anywhere else in India. We are also developing three piers at Outram Ghat, Takhta Ghat and the Indenture Memorial for recreational purposes. This will cost almost Rs 80 crore,” Kumar said.

He also highlighted plans to develop a commercial complex mode (via PPP) at Armenian Ghat on Kolkata’s historic Strand Road. For this, SMP, Kolkata has requested permission from the Government of India to extend the lease period of the spaces leased from the developers. As part of the Howrah (Rabindra Setu) Bridge Lighting Plan Phase II, it is proposed to create a special screen (effectively a net) on the bridge for people on the banks of the river to enjoy special shows.

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European medium and heavy truck rental/leasing market – https://rglb.org/european-medium-and-heavy-truck-rental-leasing-market/ Tue, 04 Oct 2022 14:03:43 +0000 https://rglb.org/european-medium-and-heavy-truck-rental-leasing-market/ New York, Oct. 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Europe Medium and Heavy-duty Truck Rental/Leasing Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027) – https://www.reportlinker.com/p06321502/?utm_source=GNW The COVID-19 pandemic has hampered the growth of the market studied in the European region as shutdowns and closures of manufacturing […]]]>

New York, Oct. 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Europe Medium and Heavy-duty Truck Rental/Leasing Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027) – https://www.reportlinker.com/p06321502/?utm_source=GNW

The COVID-19 pandemic has hampered the growth of the market studied in the European region as shutdowns and closures of manufacturing facilities in 2020 have led to disruptions in the transportation sector and closure of small and medium industries. However, as restrictions eased, several logistics companies focused on renting and leasing medium and heavy trucks instead of buying new ones to avoid high upfront purchase costs. Such trends in the market are expected to continue and provide long-term positive growth for the market.

Over the long term, one of the other notable drivers of market growth is the exceptional rental supply and aggressive advertising by market players. Rising vehicle emission regulations, advancements in vehicle safety, and rapid growth in the logistics, retail, and e-commerce sectors have significantly boosted the demand for new advanced trucks in the market. of the EU in recent years. Truck rental companies have also been affected by the aforementioned factors as well.

Leasing or renting trucks is an attractive option for many consumers in various sectors in the EU region. The demand in the market is expected to increase as it serves businesses, individuals, agencies, and other users. The construction sector, logistics and other industrial sectors constantly need truck rental services; hence, market growth is expected to increase over the forecast period.?

Strict emission control regulations implemented by the governments of major European countries are positively influencing the growth of the truck rental market as they reduce the number of sales of owned vehicles and on-road vehicles. Recently released heavy-duty vehicle certification data for 2021 by the European Union revealed that while fuel consumption values ​​in the various truck subgroups ranged from 24 L/100 km to 33 L/100 km, emissions specific CO2 showed greater variation. Urban delivery trucks in 4×2 axle configuration (4-UD) emitted an average of 307 gCO2/t-km, more than five times more than long-haul semi-trailers (5-LH) with emissions of 57 gCO2 / t-km.

Main market trends

Long-term rental dominates the market

Long-term truck rentals of more than two months have been considered. Customers mainly from the industrial and construction sectors favored long-term truck leasing. Manufacturing, energy companies, chemical companies, paper mills, railways, shipbuilders, utilities and retailers accounted for about half of total long-term truck rental revenue in Europe.

Commercial construction contractors accounted for a considerable market share of total long-term truck rental revenue in Europe, which includes rentals for office, accommodation, healthcare, entertainment and other commercial purposes. Germany, the United Kingdom and France have been Europe’s top markets for long-term truck leasing in recent years, due to strong demand from the industrial and construction sectors.

The demand for long-term truck rental in Europe is expected to increase further during the forecast period, owing to the increase in construction, agricultural and industrial activities (mainly manufacturing, logistics and e-commerce) in major countries such as as Germany, the United Kingdom, France and Spain.

Due to their greater carrying capacity, heavy duty trucks are commonly used for long distance transportation of frozen foods and perishables. Additionally, by using multi-temperature refrigerated systems, these trucks can transport multiple products such as meat, fish, and dairy at the same time, improving delivery efficiency as well as profit margins for service providers. .

As of May 2019, PacLease customers can now access 2,100 DAF trucks and over 800 trailers. The company also offers customers CF-6×4 3-way tippers and CF-8×4 cement mixers for the first time. In addition, municipal companies can rent CF-340-6×2 garbage trucks, especially for long-term rental.

Considering these developments, the demand for the target market is expected to grow moderately over the forecast period.

The rest of Europe is seeing significant growth

The countries considered in the rest of Europe are the Netherlands, Russia, Sweden, Poland and Belgium, among others.

The COVID-19 pandemic has impacted the truck rental and leasing industry in the rest of European countries as economic activities have been halted during the enforced lockdown period. Many industries, such as manufacturing, construction and mining, have been forced to shut down. However, it is expected that with the gradual opening of economies, these activities will accelerate and the demand for rental and leasing trucks will increase. Moreover, market growth was expected during the second half of 2021.

Companies in Greece are not allowed to rent trucks without a driver. Companies in the country frequently purchase imported used trucks to meet their transportation needs. As a result, the average age of trucks in Greece is approaching 20 years.

Several major players are investing in advanced technology R&D to attract customers, overcome the growing problem of driver shortages and gain market share. For instance,

In January 2020, ICTS Group in Russia announced a partnership with BM Truck as a network service partner in Russia. BM Truck’s eight service points cover a large area of ​​the Russian Federation. BM Truck offers trailer rental customers parking, repairs and tire changes.

In 2019, FRAIKIN Group enters the Netherlands. The FRAIKIN Group has signed a new contract with Loxam to support its subsidiary Loxam Workx. Both companies have been focused on making vehicles safer and more comfortable while working on a new “pilot” vehicle that can become a milestone in the transporter/low loader market.

The UK also holds a significant market share in terms of revenue in 2021 and is expected to grow over the forecast period. In 2018, the British Vehicle Rental and Leasing Association (BVRLA) launched a three-year plan to address unprecedented industry challenges, such as the industry’s path to a fair tax regime, a competitive model to monetize and share data connected vehicles, and the creation of a sustainable market for electric vehicles.

Following the three-year plan, the association launched a “Plug-in Pledge”, aiming to register 300,000 plug-in vehicles by 2025. As a result, the rental industry is expected to embrace electric trucks. Manufacturers such as Magtec, Daimler and Renault have electric trucks in their portfolios for the UK market.

Based on these developments, the market is expected to witness considerable growth over the forecast period.

Competitive landscape

Some of the major truck leasing service providers include Penske Truck Leasing Inc., Paccar Leasing Gmbh, Fraikin, Tip Trailer Services Germany Gmbh, Man Financial Services/euro-leasing, etc. The intensity of competition in the market studied is high, as truck rental companies, as well as truck OEMs that offer rental services, rigorously promote their fleet management services to customers. For example, telematics offers optimal use of rental trucks with assistance service, document management, cost estimates, insurance and door-to-door service. Growing investments by key players to drive demand in the market. For instance,

In April 2022, Free2move acquired the first van and truck rental meta search Comparateur-location-utilitaire.fr to expand and improve its commercial vehicle rental services to individuals and B2B customers.
In April 2021, United Rentals Inc. signed an agreement to acquire General Finance Corporation for $19 per share in cash, representing a total enterprise value of approximately $996 million, including the assumption of a net debt of 400 million USD. This acquisition aims to stabilize its geographic presence by expanding rental services in the region.
In April 2021, Fraikin Limited UK announced its partnership with Samsara. This partnership aims to make real-time data available to customers to help them improve the safety, efficiency and long-term viability of their associated fleets.

Additional benefits:

The Market Estimate (ME) sheet in Excel format
3 months of analyst support
Read the full report: https://www.reportlinker.com/p06321502/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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