Day: October 25, 2021

WATERLOO, Ontario and CHATTANOOGA, Tenn., Oct. 25, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, and FreightWaves, an industry-leading provider of data, analytics and news for global supply chains and logistics, announced that FreightWaves SONAR Lane Score data is now available in the Descartes MacroPoint™ Capacity Network. The combination provides freight brokers with a single solution to see available capacity and market pricing intelligence per transportation lane. “The ripple effect of low freight availability over the last year and a half particularly highlights how tight capacity can impact rates and margins for brokers and shippers, as well as the need for new transportation solutions,” said Travis Rhyan, Chief Product Officer...

SAN FRANCISCO, Calif., Oct. 25, 2021 (GLOBE NEWSWIRE) — Allbirds, Inc., a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that it has launched the roadshow for the initial public offering of 19,230,768 shares of its Class A common stock. 15,384,615 shares are being offered by Allbirds and 3,846,153 shares are being offered by certain of Allbirds’ existing stockholders. In addition, Allbirds and the selling stockholders expect to grant the underwriters a 30-day option to purchase an additional 2,884,615 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $12.00 and $14.00 per share. Allbirds has applied to list...

Fleming Island, Oct. 25, 2021 (GLOBE NEWSWIRE) — Everything Blockchain, Inc., (OTCMKTS: OBTX), an advanced platform architect, development and services company and software foundry, specializing in blockchain technologies, decentralized processing, and zero trust applications announced today that it has marked January 26, 2022 as the official release date for its Zero Trust Data Access Platform through its subsidiary, Vengar Technologies.      While Vengar continues to develop enterprise and white label versions of its platform for clients and partners throughout the world, Everything Blockchain felt it would be beneficial to individuals and small business to offer free and premium versions of the Company’s easy to use data control applications across major mobile and desktop environments to include Microsoft Windows, MacOS, iOS,...

PRINCETON, N.J., Oct. 25, 2021 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A), through its subsidiary Clearway Energy Operating LLC, (the “Company”), today announced it has entered into a binding agreement to sell its Thermal Business to KKR for total consideration of $1.9 billion, subject to closing adjustments. Based on current estimates, the Company expects total net cash proceeds of approximately $1.3 billion as a result of the transaction1. The Company’s Thermal Business, commercially known as Clearway Community Energy, consists of thermal infrastructure assets that provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals, and governmental customers across the United States. “First, I want to thank my colleagues at Clearway Community...

Verisk’s AIR Worldwide Reaffirms Recent Years of Natural Catastrophe Losses Are Not Outliers BOSTON, Oct. 25, 2021 (GLOBE NEWSWIRE) — Extreme event modeling firm AIR Worldwide (AIR) today released its 2021 Global Modeled Catastrophe Losses report, detailing key global financial loss metrics based on AIR’s latest suite of models that reflect the near-present climate risk. AIR estimates that on an annual average basis, catastrophes around the world are expected to cause about $106 billion in insured losses. AIR estimates that the five percent aggregate exceedance probability (EP) insured loss (or the 20-year return period loss) is approximately $203 billion, and the one percent aggregate exceedance probability insured loss (or the 100-year return period loss) is about $320 billion. AIR Worldwide is a Verisk (Nasdaq:VRSK) business....