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Home Depot to open distribution centers in home professional push

Home Depot said Thursday that it will open four new distribution centers as it chases more sales from remodelers, contractors and other home professionals. The new distribution centers are expected to open in the first half of the year in Detroit, Los Angeles, San Antonio and Toronto. The facilities make room for the bulky size, wider variety and larger orders of products that pros need, such as lumber, shingles and insulation, which then can be delivered directly to a job site. Each facility averages approximately…

NFI deploys 50 electric semi trucks and a 38-port charging depot in SoCal

A new 38 port electric truck charging depot and maintenance hub is coming online to service Southern California’s ports and logistics centers, along with 50 new electric trucks from Volvo and Daimler. Today’s charger opening is part of California’s Joint Electric Truck Scaling Initiative (JETSI), a cooperation between various levels of California government to increase electric truck deployment, particularly in vulnerable communities. This is the second stage of the JETSI project, with the first stage…

Home Depot (HD) Q4 2023 earnings

The logo of Home Depot is seen on a signboard near its store in Seattle. Home Depot is expected to report its quarterly earnings this week. Toby Scott | Lightrocket | Getty ImagesHome Depot will report its fiscal fourth-quarter earnings on Tuesday, as investors look for signs that demand for kitchen appliances and supplies for home improvement projects may be rebounding as inflation cools.Here's what Wall Street analysts are expecting, according to a survey by LSEG, formerly known as Refinitiv:Earnings per share:…

Home Depot is adding more smart home gear with new Hubspace integrations

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Home Depot says inflation has cooled during earnings report

Vehicles fill the parking lot of a Home Depot store in Bloomsburg. Paul Weaver | Lightrocket | Getty ImagesEven as Home Depot forecast sales declines, the retailer had good news for investors and consumers on Tuesday."I think the most important observation we've made is that the worst of the inflationary environment is behind us," Chief Financial Officer Richard McPhail said on an earnings call.Shares of the retailer rose by nearly 6% in early trading after the company beat quarterly earnings expectations, driving a rally…

Home Depot (HD) Q3 2023

A Home Depot store in Livermore, California, US, on Thursday, May 12, 2022. Home Depot Inc. is scheduled to release earnings figures on May 17. Photographer:David Paul Morris | Bloomberg | Getty ImagesHome Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers chipped away at more modest projects and home repairs.The retailer indicated caution about the coming months, as it narrowed its full-year outlook. It said it now anticipates sales will fall by 3% to 4% from…

WattEV opens US’s largest electric truck charge depot at nation’s largest port

WattEV has opened a 26-port charging depot directly at the Port of Long Beach to charge electric trucks at the United States’ busiest container port. It’s the nation’s largest heavy-duty public access charging station to date. The Ports of Long Beach and Los Angeles are situated directly next to each other and are the busiest container ports in the Western Hemisphere. The ports see thousands of trucks loaded, unloaded, and dispatched daily and are responsible for 40% of the nation’s…

Agra Metro Reports Successful Movement form Depot to Taj East Gate Station for First Time

Published By: Paras YadavLast Updated: July 12, 2023, 08:32 ISTAt last, the long wait for Agra Metro seems to be coming to an end with the successful train movement on the mainline from the ramp area of Agra Metro Depot to Taj East Gate Station, which spans around 3 km.Low-speed train trials were being conducted till now on the ballasted track in Agra Metro Depot. For the first time, a train moved to Taj East Gate station on a ballastless track.Sushil Kumar, MD, Uttar Pradesh Metro Rail Corporation (UPMRC), said, “It is

Home Depot, Lowe’s bank on electric power tools and landscaping equipment

Some landscaping crews have begun to use battery-powered tools. California-based Everthrive Landscape is one of the companies that's switched to the equipment.Courtesy of Everthrive LandscapeThe auto industry isn't the only one going electric.In Home Depot and Lowe's, one of the buzziest aisles features battery-powered leaf blowers, mowers, string trimmers and more. Those electric-powered outdoor tools have started to take hold in neighborhoods and at golf courses around the country.The transition away from gas power…

This EV charging depot can charge up to 96 electric semi-trucks at once

An electric truck charging depot that can charge up to 96 trucks at once will service fleets moving cargo to and from the Port of Oakland. Zero-emission truck solutions provider Forum Mobility has been approved to receive $4.5 million in financing from East Bay Community Energy (EBCE), the local energy provider for Alameda County and the City of Tracy, California, to develop the Greenville Community Charging Depot on a 4.4-acre site just off I-580 in Livermore.  It’s part of a new network…