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Stay informed with the latest Transportation news in our newsroom. From logistics innovations and infrastructure developments to freight trends and supply chain solutions, we provide key insights to keep you connected to the networks moving goods and people around the world.

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Celebrating Loyalty: Cargo-Partner Honors Long-Standing Employees Worldwide
TransportationDiversity, Equity and Inclusion

Celebrating Loyalty: Cargo-Partner Honors Long-Standing Employees Worldwide

December 3, 2024 8:00 AM

Founded in 1983 by Stefan Krauter at Vienna Airport with just five employees, cargo-partner has grown into an international logistics provider with over 4,000 team members worldwide. Recognizing employees with 10, 15, 20, 25, 35, and 40 years of service, the company demonstrates its belief that loyalty and expertise are cornerstones of its success. Emphasizing its people-focused philosophy, cargo-partner follows the motto "we take it personally"...

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ITRCC Announces Completion of Mile Marker 10 - 20 Pavement Preservation Project
TransportationCompany Update

ITRCC Announces Completion of Mile Marker 10 - 20 Pavement Preservation Project

November 26, 2024 10:30 AM

ITR Concession Co. LLC (ITRCC), the concessionaire and operator of the Indiana Toll Road, is pleased to announce the successful completion of the Mile Marker 10-20 Pavement Preservation Project. This comprehensive repaving project rehabilitated approximately 30-lane miles within a 10-mile section of the corridor, addressing surface issues, such as cracks, potholes, and weather-related damage. The scope also included a thorough resurfacing of two...

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Knight-Swift Warehousing & Fulfillment to Implement Softeon's Warehouse Management System to Enhance Warehouse Operations
TransportationPartnerships

Knight-Swift Warehousing & Fulfillment to Implement Softeon's Warehouse Management System to Enhance Warehouse Operations

November 22, 2024 9:00 AM

RESTON, VA / ACCESSWIRE / November 22, 2024 / Softeon, the only tier-1 warehouse management system (WMS) provider exclusively focused on optimizing warehouse and fulfillment performance to increase operational efficiency, announced today that Knight-Swift Warehousing & Fulfillment, a full-service supply chain services provider, has agreed to implement Softeon's WMS. Knight-Swift Warehousing & Fulfillment operates roughly 3.8 million square feet...

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Rapyuta Robotics Opens the First U.S. Demo Space for Its Dynamic and Flexible Automated Storage and Retrieval System (Rapyuta ASRS) in Schaumburg, Illinois
TransportationProduct Announcements

Rapyuta Robotics Opens the First U.S. Demo Space for Its Dynamic and Flexible Automated Storage and Retrieval System (Rapyuta ASRS) in Schaumburg, Illinois

November 21, 2024 11:00 AM

SCHAUMBURG, IL / ACCESSWIRE / November 21, 2024 / Rapyuta Robotics Inc. has opened a demonstration space in Schaumburg, Illinois, for its Rapyuta ASRS (Automated Storage and Retrieval System). This new space allows visitors to experience demonstrations of the system in the U.S., which previously could only be experienced in Japan. Rapyuta ASRS is scalable due to its unique modular design, and its greatest advantage is its rapid implementation...

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Twenty-One Million Americans Plan to Travel by RV this Holiday Season
TransportationCompany Update

Twenty-One Million Americans Plan to Travel by RV this Holiday Season

November 19, 2024 11:15 AM

A new survey from the RV Industry Association reveals that millions of Americans are planning to travel by RV this holiday season. The survey found that 21 million Americans plan to go RVing between Thanksgiving and New Year's, with 9 million hitting the road for Thanksgiving and 7 million for Christmas."The holidays are a special time to connect with loved ones, and RVing provides the perfect opportunity to gather with family and friends while...

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Building Bridges - Port of Hueneme and Port of Paita Sign Memorandum of Understanding to Establish a Sister Port Relationship
TransportationEnvironmental, Social and Governance

Building Bridges - Port of Hueneme and Port of Paita Sign Memorandum of Understanding to Establish a Sister Port Relationship

November 14, 2024 4:30 PM

PORT HUENEME, CA / ACCESSWIRE / November 14, 2024 / The Port of Hueneme, California and the Port of Paita, Peru are pleased to announce the signing of a Memorandum of Understanding to establish a Sister Port relationship. The initiative, funded by the U.S. Department of State, seeks to promote cooperation and development in areas of mutual interest for both ports. Port of Hueneme"This agreement with the Port of Paita is more than just a...

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AELF Closes 737 Financing With Nedbank
TransportationCompany Update

AELF Closes 737 Financing With Nedbank

November 14, 2024 10:00 AM

Lessor's First Financing With the South African LenderCHICAGO, IL / ACCESSWIRE / November 14, 2024 / Aircraft Engine Lease Finance, Inc. ("AELF") has completed the financing of a 737-800 with South Africa's Nedbank Corporate and Investment Banking (Nedbank CIB). This marks the second such transaction the company has completed in recent weeks, supporting its ongoing 737-800 acquisition campaign, and is its first financing with Nedbank."We are...

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Allegro Home Delivery Announces Expansion Into North Carolina
TransportationCompany Update

Allegro Home Delivery Announces Expansion Into North Carolina

November 14, 2024 6:00 AM

Allegro Home Delivery Expands East Coast Operations, Adding Key Markets and Warehouse CapabilitiesMINNEAPOLIS, MN / ACCESSWIRE / November 14, 2024 / Allegro Home Delivery, a leading provider of nationwide and last-mile delivery solutions, is excited to announce its expansion into key markets on the East Coast, starting with Charlotte and Raleigh, North Carolina. This new launch, part of a broader strategy to enhance service delivery for big and...

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FLYHT Reports Third Quarter 2024 Results
TransportationEarnings

FLYHT Reports Third Quarter 2024 Results

November 13, 2024 9:15 PM

FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") today reported financial results for the third quarter ended September 30, 2024 ("Q3 2024"). All figures are Canadian dollars unless otherwise stated.Financial Summary Three Months Ended September 30 Nine Months Ended September 30 2024 2023 Inc./ Dec. 2024 2023 Inc./ Dec. Revenue $4,398,225 $5,099,019 -14% $13,500,818 $15,899,792 -15%SaaS 2,167,003 ...

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46% Rise in Boston Residents Renting Out Parking Spaces to Help Solve City's Parking Crisis
TransportationCompany Update

46% Rise in Boston Residents Renting Out Parking Spaces to Help Solve City's Parking Crisis

November 13, 2024 11:00 AM

SAN FRANCISCO, CA / ACCESSWIRE / November 13, 2024 / Spacer, announces today a 46% surge in Boston residents renting out their unused parking spaces to commuters to address the city's parking crisis. The initiative, which provides a more affordable and sustainable solution for commuters, is also helping residents boost their incomes - with some earning over $37,000 each by sharing their garages and parking spaces.Parking rises in value in...

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Kapsch TrafficCom Appoints Phil Thompson as North America Vice President of Sales and Business Development
TransportationManagement Changes

Kapsch TrafficCom Appoints Phil Thompson as North America Vice President of Sales and Business Development

November 12, 2024 8:15 AM

Kapsch TrafficCom North America is pleased to announce the appointment of Phil Thompson as Vice President of Sales and Business Development. Phil brings over 20 years of experience in the IoT industry, with leadership roles in sales operations, marketing, and business development and will lead the North American sales organization."We are thrilled to welcome Phil to our North American team, ," said JB Kendrick, President of Kapsch TrafficCom...

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Volcon Announces Reverse Stock Split
TransportationCompany Update

Volcon Announces Reverse Stock Split

November 7, 2024 8:30 AM

Volcon Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first all-electric, off-road powersports company, today announced that it filed an amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a 1-for-8 reverse stock split of its common stock. The reverse stock split will take effect at 11:59 pm (Eastern Time) on November 8, 2024, and the Company's common stock will...

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Jiffy Junk Revolutionizes Junk Removal With Groundbreaking Financing Options
TransportationProduct Announcements

Jiffy Junk Revolutionizes Junk Removal With Groundbreaking Financing Options

November 5, 2024 2:00 PM

NEW YORK, NY / ACCESSWIRE / November 5, 2024 / Jiffy Junk, a trusted name in eco-friendly junk removal, is thrilled to introduce a new financing option that makes managing projects easier and more affordable. Customers can now spread payments out over time. With this, it makes it simpler than ever to tackle even large-scale junk removal jobs without worrying about the initial upfront costs. Jiffy JunkJunk Removal Franchise With Jiffy Junk's new...

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Recreatives Industries, Inc. (OTC:RECX) Partners with FreedomRoad Financial to Offer Consumer Financing for New MAX Amphibious ATVs
TransportationCompany Update

Recreatives Industries, Inc. (OTC:RECX) Partners with FreedomRoad Financial to Offer Consumer Financing for New MAX Amphibious ATVs

November 4, 2024 9:00 AM

Recreatives Industries, Inc. (OTC PINK:RECX) ("Recreatives" or the "Company"), manufacturer of MAX Amphibious 6x6 All-Terrain Vehicles (www.maxatvs.com), is pleased to announce the Company has partnered with FreedomRoad Financial, a national powersports lending company providing retail loans exclusively through authorized OEM and dealer partners.Extending consumers the option to finance MAX ATVs through FreedomRoad Financial factory-direct and...

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ATCA Connect 2024: Aviation Industry's Top Leaders, Senior FAA Officials, and Global Stakeholders to Gather in Washington, DC
TransportationConferences

ATCA Connect 2024: Aviation Industry's Top Leaders, Senior FAA Officials, and Global Stakeholders to Gather in Washington, DC

November 1, 2024 1:00 PM

ATCA is set to host ATCA Connect 2024, bringing together top leaders and innovators in aviation and air traffic management. This year's event features an impressive lineup of senior officials from the Federal Aviation Administration (FAA) and other government agencies, as well as global industry leaders, demonstrating a unique convergence of expertise and influence to address today's most pressing challenges in aviation.Selected Speakers...

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Port of Hueneme
TransportationEnvironmental, Social and Governance

Port of Hueneme "Goes Electric!" over $42 Million EPA Clean Ports Grant Award

October 29, 2024 8:10 PM

PORT HUENEME, CA / ACCESSWIRE / October 29, 2024 / Port of Hueneme "Goes Electric," receiving an impressive $42,287,893 grant from the U.S. Environmental Protection Agency (EPA), funding critical to the Port's goal of zero emissions by 2030. The EPA announced today its intent to award $3 billion to help the nation's ports through the agency's Clean Ports Program. This new grant funding initiative builds on the EPA's Ports Initiative to bolster...

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Kapsch TrafficCom to Improve SoCal Traffic Congestion Through 2041
TransportationCompany Update

Kapsch TrafficCom to Improve SoCal Traffic Congestion Through 2041

October 28, 2024 10:45 AM

After seven years of project delivery success and continuous operational accomplishments, Kapsch TrafficCom has been awarded a 10-year contract extension to enhance travel and toll services in one of the nations most traveled regions. Riverside County Transportation Commission (RCTC) has awarded Kapsch TrafficCom a 10-year toll services contract extension. This continues the project scope now through 2041. The award covers all toll services...

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Vicinity Motor Corp. Announces Board Resignations
TransportationCompany Update

Vicinity Motor Corp. Announces Board Resignations

October 25, 2024 4:15 PM

VANCOUVER, BC / ACCESSWIRE / October 25, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company") today announced that all members of the Board of Directors have resigned from the Company.On October 21, 2024 Royal Bank of Canada was granted a petition for Receivership of Vicinity Motor Corp. by the Superior Court of British Columbia. Since the grant of Receivership, none of the Board Members has been contacted by the...

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Avation PLC Announces Executive Appointment
TransportationCompany Update

Avation PLC Announces Executive Appointment

October 25, 2024 2:00 AM

Avation PLC (LSE:AVAP), the commercial passenger aircraft leasing company, advises of the appointment of Mr Gerry Butler as the new Head of Aircraft Trading and Capital Markets. Mr Butler has over 20 years aircraft leasing and finance experience and a deep understanding of the sector. Mr Butler's role will involve overseeing the transition, sale and acquisitions of aircraft and will be involved in exploring options future capital markets...

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Softeon Celebrates Success of User Conference
TransportationConferences

Softeon Celebrates Success of User Conference

October 24, 2024 9:00 AM

Softeon, the only tier-1 warehouse management system (WMS) provider focused on optimizing warehouse and fulfillment performance to increase operational efficiency, announced today the success of its annual customer conference, Softeon Fulfill. The event received overwhelmingly positive feedback from attendees and sold out all sponsorship levels, representing a significant milestone and impressive achievement for the company. The term "Fulfill"...

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