Transport News

PORT WASHINGTON, N.Y.--(BUSINESS WIRE)--Hercules Pharmaceuticals today announced the appointment of Ali Ahmed as Executive Vice President, Chief Commercial Officer. Ahmed will lead commercial strategy, enterprise growth, and strategic partnerships as Hercules scales its national platform and expands its role as a strategic partner within the U.S. pharmaceutical distribution ecosystem. Ahmed brings deep experience across healthcare and enterprise technology, including leadership roles at Freseni...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Wisk Aero, an autonomous aviation company, today announced the successful completion of the first flight of its Generation 6 aircraft. The flight is a pivotal step forward in Wisk’s journey to deliver the first certified, autonomous passenger-carrying eVTOL to market in the U.S. Wisk is the only company to have designed, built, and flown six generations of eVTOL aircraft. The aircraft performed its initial vertical takeoff, hover, and stabilized flight ma...

CLEVELAND, OHIO--(BUSINESS WIRE)--Supply Technologies LLC, a Park-Ohio Holdings Corp. (NASDAQ: PKOH) company, today announced plans to significantly expand its North American distribution network with a new state-of-the-art facility in Union, Ohio. Supply Technologies, a leader in supply chain management of assembly components for global OEMs, is augmenting their network of over 70+ warehouses globally with a new 375,000-square-foot distribution center. The new facility will be their flagship l...

RICHMOND, Va.--(BUSINESS WIRE)--TemperPack®, the leader in sustainable thermal packaging, announced the relocation of its Green Cell Foam® manufacturing facility from Holt, Michigan to a larger and upgraded facility in Lansing. The 135,000-square-foot site represents a significant expansion in space, with upgrades in equipment and operational flow that will increase production capacity and streamline distribution operations. The new Lansing location provides 60% more manufacturing space compare...

PORTSMOUTH, N.H.--(BUSINESS WIRE)--PlaneSense, a premier U.S.-based fractional aircraft ownership operator for over thirty years, announces a new collaboration with CaptainJet, a luxury aircraft charter sourcing service based in Lausanne, Switzerland. Through this collaboration, the PlaneSense Sourcing Solution team will coordinate private aircraft charters for clients across Europe and beyond, ensuring seamless service and expanded travel options. Reciprocally, PlaneSense will assist CaptainJe...

BOSTON--(BUSINESS WIRE)--Sentient Jet, the pioneer of the jet-card category and private aviation leader, today announced it is now providing the ability to leverage cryptocurrency payments through BitPay, the world’s largest blockchain payment processor. Card Owners and new members will now have an additional option to complete payments using select cryptocurrencies, including Bitcoin (BTC) Ethereum (ETH) and leading U.S. dollar-backed stablecoins from Circle (USDC) and PayPal (PYUSD), providin...

SAN FRANCISCO--(BUSINESS WIRE)--In one of California’s single largest year-over-year emissions reductions on record, the state lowered its climate pollution by 3% in 2023. The drop in 2023, the most recent year for which data is available, was surpassed only by reductions achieved in 2009 during the Great Recession and 2020 during the COVID-19 pandemic. While the state is still not on track to meet its 2030 targets, the 17th annual California Green Innovation Index, released today by think tank...

DUBLIN--(BUSINESS WIRE)--The "Asset-Based Lending Market - Global Forecast 2025-2032" report has been added to ResearchAndMarkets.com's offering. Asset-based lending is positioned as a strategic financing tool for senior decision-makers seeking adaptive capital solutions, supporting both operational liquidity and long-term organizational agility through the leverage of tangible assets. Market Snapshot: Asset-Based Lending Growth and Trends The asset-based lending market is demonstrating signifi...

DUBLIN--(BUSINESS WIRE)--The "Aircraft Leasing Market - Global Forecast 2025-2032" report has been added to ResearchAndMarkets.com's offering. The global aircraft leasing market is undergoing significant transformation as airlines focus on balancing cost efficiency with network expansion, making leasing a critical enabler of operational flexibility and resilience. Strategic fleet management, evolving financing structures, and advancing technologies are reshaping how industry leaders approach as...

TORONTO--(BUSINESS WIRE)--Porter Airlines is inaugurating nonstop service today between Toronto Pearson International Airport (YYZ) and Grand Cayman, Cayman Islands (GCM), with up to three times weekly frequency. This route is complemented by twice weekly non-stop flights operating from Ottawa beginning Dec. 19. “Grand Cayman is the fifth sun vacation market that Porter is launching this winter from both Toronto Pearson and Ottawa,” says Andrew Pierce, vice president, network planning and repor...