Transport News
Stay informed on the transportation industry. Read press releases covering air transport, logistics, maritime, public transportation, and rail. Discover trends, innovations, and updates shaping the future of transport and logistics.
Jul 8, 2025 at 6:00 PM
U-Haul Storage North Baxter Closes Retail Showroom
BRAINERD, Minn.--(BUSINESS WIRE)--The U-Haul® center at 15237 Edgewood Drive has closed its retail showroom and converted to a remote self-storage facility. The transition was completed on June 24. U-Haul Storage North Baxter continues to provide U-Haul Truck Share 24/7®, a popular rental option allowing for the self-pick-up and self-return of trucks at any hour using only a smartphone with camera and GPS. All other services were halted, resulting in five Team Members being let go. U-Haul Stora...
Jul 8, 2025 at 5:01 PM
Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends and Announces Second Quarter 2025 Results Conference Call and Webcast
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 21 and 25. Series 1, 3, 5, 7, 9, and 21 preferred share dividends are payable on September 2, 2025, to shareholders of record on August 1, 2025. Series 15 and 17 preferred share dividends are payable on October 1, 2025 to shareholders of rec...
Jul 8, 2025 at 5:00 PM
Astronics Corporation Augments FAA Certification Services with Acquisition of Envoy Aerospace
EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Augments FAA Certification Services with Acquisition of Envoy Aerospace...
Jul 8, 2025 at 4:34 PM
Vertical Aerospace Announces Launch of Proposed Underwritten Public Offering
LONDON--(BUSINESS WIRE)--Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announced that it has commenced an underwritten public offering of $60 million of the Company’s ordinary shares (the "Offering”). In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional $9 million of ordinary shares. The Offering is subject to mark...
Jul 8, 2025 at 4:30 PM
Granite Awarded $111 Million Utah DOT Project in Salt Lake City
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded a $111 million contract by the Utah Department of Transportation (UDOT) for a major infrastructure project in Salt Lake City. Project funding is to come from UDOT and Federal sources and will be included in Granite’s second quarter CAP. The Interstate 215 (I-215); State Route 201 (SR-201) to North Temple project spans from milepost 19.53 to 22.8 and includes the rehabilitation of 3 miles of I-215, and 12 mile...
Jul 8, 2025 at 4:30 PM
Enterprise Declares Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the second quarter of 2025 of $0.545 per unit, or $2.18 per unit on an annualized basis. The quarterly distribution will be paid Thursday, August 14, 2025, to common unitholders of record as of the close of business Thursday, July 31, 2025. This...
Jul 8, 2025 at 4:30 PM
Uber Announces Date of Second Quarter 2025 Results Conference Call
SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2025 financial results on Wednesday, August 6th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends t...
Jul 8, 2025 at 3:00 PM
DXP Enterprises, Inc. Announces Amendment of ABL Revolver
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that on July 1, 2025, DXP Enterprises, Inc. (the “Company”) entered into an Increase Agreement (the “Increase Agreement”) by and among the Company and certain of the Company’s subsidiaries as borrowers, certain other subsidiaries of the Company as guarantors, pursuant to which the aggregate commitments under the Company’s existing asset-based revolving credit facility (the “ABL Facility”) were increased by $50 millio...
Jul 8, 2025 at 2:07 PM
Rent-A-Container Acquires The Eagle Leasing Company, Creating One of the Largest Portable Storage Providers in the Eastern U.S.
ANN ARBOR, Mich.--(BUSINESS WIRE)--Rent-A-Container Acquires The Eagle Leasing Company, Creating One of the Largest Portable Storage Providers in the Eastern U.S....
Jul 8, 2025 at 1:35 PM
Fairbanks Morse Defense Awarded Contract for FM 175D Engine to Support U.S. Navy’s DDG(X) Program
BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a contract to provide the U.S. Navy with an FM 175D high-speed diesel generator engine for integration into the DDG(X) land-based propulsion system test site, supporting the U.S. Navy’s goal of reducing design risks as it continues developing the next-generation platform. “Fairbanks Morse Defense has a long history of delivering mission-critical power an...
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