Tag: press release
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The Mass. awards $5 million for clean transportation projects
The Baker-Polito administration announced $5 million in grants for 10 projects that will help disadvantaged communities advance clean and equitable transportation projects. Reducing emissions is the ... -
Air cargo helps Finnair restore some Asian services by flying over Russia
High freight rates are allowing Finnair to restore several long-haul passenger flights to Asia despite the added cost of detouring around Russia after the country closed ... -
The center accepts Rs 155 crore for the construction of 47 vessels
The Center has approved financial assistance for 47 vessels amounting to ₹155 crore under the Shipbuilding Financial Assistance (SBFA) policy. The total contract value of these ... -
ElectraMeccanica corrects the announcement regarding the order of the SOLO Cargo fleet of 20 units
Electra Meccanica Vehicle Corp. VANCOUVER, British Columbia, March 04, 2022 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer ... -
Grocery overview: targeting F&B levers
Target is leveraging its e-commerce strength in grocery to drive overall company growth. In a call with analysts Tuesday (March 1) discussing the retailer’s fourth quarter ... -
Trucking Groups Urge Secretary Buttigieg to Address Safe Parking Space Shortage | 2022-03-01
Washington – Saying “safety is compromised when truck parking isn’t readily available,” leaders from the American Trucking Associations and Owner-Operator Independent Drivers Association are calling on ... -
ElectraMeccanica Announces Initial Order of 20 SOLO Cargo Fleet Units from Pelican Food Concepts, a Mountain Mike’s Pizza Franchisee
Vancouver, British Columbia – ElectraMeccanica Corp. Vehicles (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today ... -
Air Transport Services (ATSG) Q4 Earnings Match Estimates
Air Transport Services (ATSG) posted quarterly earnings of $0.52 per share, in line with Zacks’ consensus estimate. That compares to earnings of $0.38 per share a ... -
Capital fence rises in front of Biden’s State of the Union as truckers plan protests in DC
Fences will be reinstalled around the Capitol grounds as part of heightened security ahead of President Joe Biden’s State of the Union address, given the potential ... -
Port of Duluth-Superior, St. Lawrence Seaway Shipments rebound in 2021
ST. LAWRENCE SEAWAY REPORTS SUCCESSFUL 2021 SEASON The St. Lawrence Seaway Management Corporation (SLSMC) announced on January 19 that more than 38 million metric tons (mmt) ... -
Textron Aviation deploys first production Cessna SkyCourier large utility turboprop and highlights manufacturing and serviceability innovations
WICHITA, Kansas, February 04, 2022–(BUSINESS WIRE)–Textron Aviation today announced the deployment of the first production unit of the high-utility twin-engine turboprop, the Cessna Sky Courier, at ... -
Malaysia’s AirAsia X targets Asian cargo market in deal with logistics company
KUALA LUMPUR, January 26 (Reuters) – AirAsia X Bhd (AAX) from Malaysia AIRX.KL has signed a partnership agreement with French logistics company Geodis, aimed at developing ... -
Study Questions Whether FMCSA’s ELD Mandate for Truckers ‘Improved Safety’ | 2022-01-21
East Lansing, MI – The Federal Motor Carrier Safety Administration’s mandate on the use of electronic logging devices to record hours of service for commercial vehicle ... -
Port drivers from major trucking company file for union election in Los Angeles, San Diego – Daily Breeze
Southern California port truck drivers who work for a multi-billion dollar logistics company — but are listed as independent contractors — have filed a petition to ... -
Cargo Bike Tire Market to reach around US$515.5 million by 2031
Cargo Bike Tire Market – Analysis, Outlook, Growth, Trends, Forecast DUBAI, United Arab Emirates, Jan. 14, 2022 (GLOBE NEWSWIRE) — The cargo bike tire market the ... -
Man admits hijacking trucking company after owner dies
Prosecutors said that from September 2019 to February 2021, the accused abused his senior financial position at an unidentified trucking company. CHARLOTTE, North Carolina – A ... -
MSC overtook Maersk as the world’s largest shipping company – Quartz
The Mediterranean Shipping Company (MSC) has dethroned Maersk as the world’s largest shipping company in terms of container capacity, according to data from maritime analysis company ... -
CVSA adopts the North American Fatigue Management Program
WASHINGTON – The Commercial Vehicle Safety Alliance (CVSA) has partnered with the North American Fatigue Management Program (NAFMP) to help mitigate the risk of accidents from ... -
SpaceX plans cargo launch to space station with experiences and holiday meals
1/5 New York Stem Cell Foundation researcher Valentina Fossati prepares test cells from neurologically ill patients for launch to the International Space Station. Photo courtesy of ... -
Increase AdBlue supplies and protect Australia’s transport industry
Joint press release with Minister of Trade, Tourism and Investment, MP Hon Dan Tehan The Morrison government has acted quickly and decisively to keep the trucking ... -
ATA: Trucking Trends Report Shows Impact Of Pandemic On Industry – Fleet Management
The trucking industry collected 80.4% of the country’s freight bill, according to the ATA. File photo: Jim Park The trucking industry moved 10.23 billion tonnes of ... -
MedMira Reports Fourth Quarter and Year-End Financial Results for Fiscal 2021
HALIFAX, Nova Scotia, November 30, 2021 (GLOBE NEWSWIRE) – MedMira Inc. (MedMira) (TSXV: MIR), today announced its financial results for the year ended July 31, 2021. ... -
Tablo® Hemodialysis System Cartridge Receives FDA 510 (k) Clearance for Production in North America
Cartridge manufacturing at the new site localizes production, lowers costs and mitigates future supply chain risks Departure Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company ... -
Toy Giant Dodges Shipping Crisis, Pays Millions to Steal Beanie Babies
The soft toy company said it was hijacking the crisis in ports by paying millions for air shipments. Ty has spent at least $ 225 million ... -
Companies plan to end government contracts on vaccine mandate
Sullivan’s remarks are among the business community’s sharpest warnings to date on the residual impacts of the vaccines mandate. In September, Biden signed an executive order ... -
American Trucking Associations elects new president
NASHVILLE – The Board of Directors of the American Trucking Associations (ATA) has elected Harold Sumerford Jr., CEO of J&M Tank Lines Inc. in Birmingham, Alabama, ... -
Panamanian-flagged freighter collides with boat off Tennessee coast, two fishermen “ejected”
A freighter collided with a fishing boat off the coast of Tamil Nadu and in impact two fishermen, part of a crew of 17, were “ejected ... -
Option Care Health Announces Pricing for $ 500 Million 4.375% Senior Note Offer and Senior Term Loan Amendment and Extension
News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. BANNOCKBURN, Ill., October 22, 2021 ... -
Manitoulin Transport acquires Provost Freight Lines
Manitoulin Transport is once again in acquisition mode, this time adding Provost Freight Lines to its portfolio of companies. In business since 1989, the Provost, Alta. ... -
Delays at California ports bring more freighters to Portland
Dozens of ships wait off the coast of California to unload their cargo, amid a supply chain problem magnified by pandemic closures and a labor shortage. ... -
Cargo volumes in Indian ports largely returned to pre-COVID levels: ICRA
This fiscal year is likely to exceed FY2019-20 (FY20) volumes at Indian ports, according to ICRA, which recently said optimism is based on the performance of ... -
Class 8 orders down despite strong demand – Equipment
North American Class 8 orders for September fell about 29% month-on-month to 28,400 units, according to FTR. Graphic: FTR As OEMs manage their Q1 production slots ... -
Air Cargo Industry Leaders Target 10% Sustainable Aviation Fuels by 2030
Dive brief: Sixty companies, including airlines, airports and fuel suppliers, have committed to making sustainable aviation fuels 10% of global jet fuel supply by 2030. Boeing, ... -
Announcement: New eShip Transport – Snowbird Car Shipping service from CA in the United States
The best way for snowbirds to ship a car to the United States is with eShip Transport Announcement of a new service provided by eShip Transport ... -
Redfin reports 12% price hike to record high
SEATTLE, September 29, 2021 / PRNewswire / – (NASDAQ: RDFN) – Asking prices for homes listed have risen to an all-time high of 12%, according to ... -
Embark, Ryder’s Partner in Nationwide Autonomous Fleet Network – Equipment
Ryder plans to serve as the Embark transfer point operator, manage logistics operations throughout the jobsite, perform pre and post trip inspections, and provide maintenance services ... -
Trend reversal: Strauss to remain Amerijet CEO after reconciliation
Tim Strauss canceled his resignation as CEO of Miami-based cargo airline Amerijet International Airlines, a week after the company announced his surprise departure in what industry ... -
Eaton to develop heavy-duty fuel cell technology – Fuel Smarts
Eaton has received a grant from the US Department of Engineering to develop “highly efficient hydrogen fuel cells capable of powering heavy machinery,” Eaton officials said. ... -
Harbor Freight Tools opens store on Pearl Road in Strongsville
STRONGSVILLE, Ohio – A California seller of hand and power tools, lawn and garden equipment, painting and plumbing supplies and other merchandise has opened a new ... -
Why September is the new holiday shopping season
After many disruptions last year, the Delta variant further disrupted the global movement of goods. Bergstrom’s suppliers are late and charge huge fees on their shipments. ... -
Defense Ministry enlists 6 airlines to evacuate Afghanistan
The U.S. Department of Defense activated its Civilian Reserve Air Fleet (CRAF) on Sunday, designed to increase military airlift in national emergencies, and is forcing six ... -
Truckload Carriers Association President Retires – Fleet Management
Truckload Carriers Association president John Lyboldt will retire on April 1, 2022. Photo: TCA The Truckload Carriers Association has officially formed a search committee to find ... -
Strong freight rates benefit freight forwarders
SHIPPING BOOM: Freight forwarders Dimerco and T3EX saw robust sales growth, as ocean freight rates soared due to demand exceeding supply amid COVID-19 pandemic By Kao ... -
Electrified fleets could save 37-44% on energy costs – Fuel Smarts
The environmental benefits of these efforts can bolster the economic benefits, where each fleet transition can significantly reduce carbon in the atmosphere. For every 15 vehicle ... -
A French airline launches into air freight
Many passenger airlines have expanded their cargo services out of necessity since the start of the COVID pandemic. Today, a charming French transporter is taking advantage ... -
Sustainable freight transport: Nexxiot and Arkema join forces to revolutionize chemical transport | Business
ZURICH & COLOMBES, France – (BUSINESS WIRE) – Jul 21, 2021– The French manufacturer of specialty materials Arkema (ARKAY – OTCMKTS) is now harnessing the capabilities ... -
TAC Index platform introduces four new trade routes
Courtesy of Pexels Air freight rate data provider TAC Index has added several important new routes to its growing list of air freight indices, a press ... -
End of cruise ship ban, Transport Minister announced – Prince Rupert Northern View
Cruise ships will be welcomed back to Prince Rupert and Canadian waters on November 1, ending the ban on tourist ships during the global pandemic, Transport ... -
May 2021 air freight 9.4% above pre-COVID levels: IATA
Global air freight demand, measured in freight tonne-kilometers (CTK), increased 9.4% in May this year compared to the same month in 2019, showing that demand has ... -
Cathay Pacific deploys the Descartes air freight tracking solution as part of the new Ultra Track service
WATERLOO, Canada – July 7, 2021 (GLOBE NEWSWIRE) – Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in the union of logistics-intensive companies in ... -
July 4th holiday increases risk of cargo theft – Equipment
Flight activity for the July 4 weekend in 2020 was at its highest level since 2016. Archive photo: Doleco An average of 25 cargo flights were ... -
HD Repair Forum to be held at TMC Fall Meeting – Fleet Management
This is the first time that the HD Repair Forum, the largest conference exclusively dedicated to the heavy vehicle body repair industry, has co-hosted with another ... -
Shipping industry calls for action on IMRB fund – ShipInsight
The shipping industry has welcomed the growing momentum for a $ 5 billion R&D fund for shipping, but calls on governments to act on their climate ... -
The Logbook: Workforce Heroes Teaches Iowa Students About The Trucking Industry
The logbook is a weekly recap of human interest stories related to the transportation industry. This week: Workforce Heroes teaches students about trucking careers, “Grow at ... -
Two Sydney men – including an air cargo worker – accused of importing 156 kilograms of pseudoephedrine
This is a joint press release between the Australian Federal Police and Australian Border Forces. Two Sydney men have been charged in connection with the 2020 ... -
Forward Air Corporation Announces Extended LTL Service Offering in Spokane, WA
GREENEVILLE, Tennessee., June 14, 2021 / PRNewswire / – Forward Air Corporation (NASDAQ: FWRD) (the “Company†or “Forwardâ€) is executing a growth strategy that involves organic ... -
Records broken: “historic cargo wave” still ripples through US ports
“If I had a dime every time I heard …” Add “recording”. “If I had a dime every time I heard the word record associated with ... -
Pacific Air Cargo continues to support the University of Hawaii – this time carrying a rocket
Pacific Air Freight UH rocket named Kuamo’o (Milky Way) Students from the UH Manoa College of Engineering helped recover the rocket. Pacific Air Cargo Helps Ship ... -
Velocity Truck Centers Expands to Mexico – Equipment
Velocity Truck Centers has partnered with Canorsa Freightliner to form Velocity Vehicles Mexico. Photo: Velocity Truck Center Facebook Velocity Truck Centers has partnered with Canorsa Freightliner ... -
Federal government says trucking business owner bought house and cars with P3 loan
Pennsylvania trucking company owner faces wire fraud and money laundering charges after federal prosecutors claim he used $ 467,000 of funds obtained through the Personal Protection ... -
Kierra Henderson: A Millionaire Trucking Guru, Who Make The World Beautiful By Changing The Lives Of Others – Free Online Press Release Distribution
Dallas, Texas, United States, 2/6/2021 / The Trucking Guru / Kierra Henderson, known as the Trucking Guru, is a name that shouldn’t be overlooked in the ... -
AMP encourages the placement of Panamanian sailors in the Panama ship registry
Posted on June 1, 2021 at 12:58 PM by The maritime executive In order to create new employment opportunities for Panamanians, the Panamanian Maritime Authority (PMA) ... -
Greek Talent Creates US Patented Shipping Platform
Credit: fdecomite, CC BY-SA 2.0 / Wikipedia An innovative shipping platform capable of predicting where ships might go, created by Greek ship management company Signal Group, ... -
CDB Aviation signs the first lease agreement for two A330-300 P2F aircraft with the Mexican MasAir
DUBLIN – (BUSINESS WIRE) – CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), today announced that the company ... -
Diana Shipping Inc.Announces Results of 2021 Annual Meeting of Shareholders
ATHENS, Greece, May 21, 2021 (GLOBE NEWSWIRE) – Diana Shipping Inc. (NYSE: DSX), (the “Companyâ€), an international shipping company specializing in the ownership of dry bulk ... -
WattEV to build first megawatt electric truck stop in US – Fuel Smarts
The 110-acre truck stop, located near the logistics distribution centers managed by Amazon and Walmart in Bakersfield, Calif., Will feature a solar micro-grid with battery storage, ... -
SRTC Trucking Students Learn to Monitor Human Trafficking | Local News
TIFTON, GA – Before a commercial truck driver can graduate from Southern Regional Technical College (SRTC), the student must demonstrate a readiness to handle the demands ... -
Colonial pipeline shutdown calls for emergency exemption for HOS – Fuel Smarts
A cyber ransomware attack forced the shutdown of the main US Colonial Pipeline pipeline between Texas and New York. Photo: Colonial pipeline A cyber ransomware attack ... -
Burning market creating a ‘war’ for freight brokerage talent
Last Monday, Deutsche Bank analyst Amit Mehrotra said that due to customer demand, low inventories, housing demand and the federal stimulus, the current market constraints on ... -
These government approved high interest green loans are shaking up mortgages
When Lucia Chavez saw her mortgage bill, she thought there must be some mistake. For years, the 70-year-old owner of Vista, California had paid around $ ... -
$ 38 million in new funding for older Palm Beach County apartment complexes
Newmark Knight Frank vice president Fernando Riboli in Boca Raton. Courtesy photo An out-of-state real estate investor and developer has secured $ 38.1 million to fund ... -
Marine Serre and the AWGE clothing collaboration of A $ AP Rocky
French eco-fashion brand endorsed by celebrities Marine Serre collaborated with A $ AP Rockythe creative agency of, AWGE, on an eco-sustainable capsule collection made from end-of-life ... -
Coatesville Savings Bank changes name to Prosper Bank to reflect expanded reach and customer focus
Coatesville Savings Bank management has announced a name change to Prosperity bank to reflect the bank’s growth and its expanded footprint to serve a larger community ... -
Finway empowers young entrepreneurs with easy partnership opportunities
Finway, India’s leading non-bank finance company (NBFC) helps aspiring entrepreneurs achieve their business goals by becoming Finway’s distribution partner. Recently, for the convenience of agents associated ... -
Fetal tissue research: what it is, why it’s controversial, and why the Trump administration is cracking down on it
The Trump administration dramatically cut federal funding for human fetal tissue research this week, a move anti-abortion activists have applauded but many scientists have found worrying. ...
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