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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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TLSS Closes the Acquisition of Freight Connections, Inc.
TransportationMergers and Acquisitions

TLSS Closes the Acquisition of Freight Connections, Inc.

September 20, 2022 9:00 AM

Acquisition Expected to Double Revenues and Bring Company Closer to ProfitabilityJUPITER, FL / ACCESSWIRE / September 20, 2022 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS" or the "Company"), a logistics service provider, announced today that on September 16, 2022, through its wholly-owned subsidiary, TLSS-FC, Inc. ("TLSSFC"), it closed on a stock purchase agreement ("SPA") by acquiring 100% of the outstanding stock of...

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USA Truck Announces Completion of Sale to DB Schenker
TransportationCompany Update

USA Truck Announces Completion of Sale to DB Schenker

September 15, 2022 8:30 AM

VAN BUREN, AR / ACCESSWIRE / September 15, 2022 / USA Truck, Inc. (NASDAQ:USAK) today announced the completion of its previously announced sale to DB Schenker, one of the world's leading logistics service providers.Under the terms of the sale, each issued and outstanding share of USA Truck common stock converted into the right to receive $31.72 in cash. As a result of the completion of the sale, USA Truck's common stock ceased trading on the...

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TLSS Hires Justin Frey as its Chief Operating Officer
TransportationManagement Changes

TLSS Hires Justin Frey as its Chief Operating Officer

September 13, 2022 9:15 AM

Industry Veteran Brings 30+ Years of Operational ExperienceJUPITER, FL / ACCESSWIRE / September 13, 2022 / Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS", or the "Company"), a growing logistics provider, announced today that, effective as of September 12, 2022, Mr. Justin Frey has joined the Company as its Chief Operating Officer.According to Mr. Sebastian Giordano, "Justin is a proven sales and operations industry...

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evTS Secures Order for FireFly ESV from Nantucket Memorial Airport
TransportationCompany Update

evTS Secures Order for FireFly ESV from Nantucket Memorial Airport

September 13, 2022 8:31 AM

Public Airport Order Includes EV Charging Stations and an Automatic License Plate Recognition (ALPR) System Facilitated Through Partnerships with ChargePoint and GenetecBOSTON, MA / ACCESSWIRE / September 13, 2022 / ev Transportation Services Inc. ("evTS"), an electric vehicle manufacturer focused on the essential services and urban e-mobility markets, today announced the receipt of an initial order from the Town and County of Nantucket,...

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USA Truck Awarded Prestigious Department of Defense Pro Patria Award
TransportationCompany Update

USA Truck Awarded Prestigious Department of Defense Pro Patria Award

September 8, 2022 9:30 AM

VAN BUREN, AR / ACCESSWIRE / September 8, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider headquartered in Van Buren, Ark., has been awarded the 2022 Pro Patria Award from the Arkansas Employer Support of the Guard and Reserve (ESGR). USA Truck received the award, which marked the company's third Pro Patria honor (2015, 2016, 2022) at the company's headquarters in Van Buren, Ark.Retired Maj. Gen. William Wofford,...

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Canadian Mobility Company FTEX Raises $2.24M to Advance Connected Drive Systems for Light Electric Vehicles
TransportationCompany Update

Canadian Mobility Company FTEX Raises $2.24M to Advance Connected Drive Systems for Light Electric Vehicles

August 30, 2022 7:00 AM

MONTREAL, QC / ACCESSWIRE / August 30, 2022 / FTEX, a pioneer in connected drive systems for light electric vehicles, announced today that it has raised a total of $2.24 million CAD ($1.7 million USD) to date in equity financing.The company recently closed an oversubscribed seed round, raising $1.75 million CAD ($1.4 million USD), co-led by TGIC 2 and the new cleantech fund Blue Vision Capital. A group of private investors also participated in...

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Volcon, Inc. Closes $27.2 Million Convertible Senior Notes Offering
TransportationCompany Update

Volcon, Inc. Closes $27.2 Million Convertible Senior Notes Offering

August 24, 2022 12:05 PM

AUSTIN, TX / ACCESSWIRE / August 24, 2022 / Volcon Inc. (NASDAQ:VLCN), ("Volcon'' or the "Company"), the first all-electric, off-road powersports company, today announced that it had closed its offering of $27.2 million aggregate principal amount of convertible senior notes due 2024 (the "Notes") and accompanying warrants (the "Warrants") to purchase approximately 9.1 million shares of common stock.As previously disclosed, the Notes are senior...

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Canadians Want Action on the Airfare Affordability Crisis; Recent Study Shows the Cost of Flying is a Major Reason 6 in 10 Canadians Don't Fly More Often
TransportationCompany Update

Canadians Want Action on the Airfare Affordability Crisis; Recent Study Shows the Cost of Flying is a Major Reason 6 in 10 Canadians Don't Fly More Often

August 24, 2022 9:45 AM

EDMONTON, AB / ACCESSWIRE / August 24, 2022 / Today, a poll released by Flair Airlines shows that Canadians' frustrations with air travel run much deeper than the current travel issues they are facing."The numbers don't lie. Long before the current travel crisis, people have been deeply frustrated with air travel in Canada because it's simply too expensive to fly in this country. The ‘Big Air' carriers have kept prices too high for too...

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Volcon, Inc. Prices $27.2 Million Convertible Senior Notes Offering
TransportationCompany Update

Volcon, Inc. Prices $27.2 Million Convertible Senior Notes Offering

August 22, 2022 9:00 AM

AUSTIN, TX / ACCESSWIRE / August 22, 2022 / Volcon Inc. (NASDAQ:VLCN), ("Volcon'' or the "Company"), the first all-electric, off-road powersports company, today announced it has signed a securities purchase agreement on August 22, 2022 to issue to an investor $27.2 million aggregate principal amount of convertible senior notes due 2024 (the "Notes") and accompanying warrants (the "Warrants") to purchase approximately 9.1 million shares of common...

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Volcon Obtains Pre-Orders that Sells Out Entire 2023 Forecast; $100M+ of Potential Revenue
TransportationCompany Update

Volcon Obtains Pre-Orders that Sells Out Entire 2023 Forecast; $100M+ of Potential Revenue

August 19, 2022 9:13 AM

AUSTIN, TX / ACCESSWIRE / August 19, 2022 / Volcon Inc. (NASDAQ:VLCN), ("Volcon'' or the "Company"), the first all-electric, off-road powersports company, announced today that it has received over $100 million of pre-production orders for its first all-wheel drive, fully electric UTV, the Stag, powered by General Motors electric propulsion system technology.Over 90% of the pre-production orders have come from Volcon's domestic and international...

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CORRECTION: InterContinental Hotels Group PLC Announces Transaction in Own Shares
TransportationRegulatory

CORRECTION: InterContinental Hotels Group PLC Announces Transaction in Own Shares

August 17, 2022 9:10 AM

InterContinental Hotels Group PLC (the "Company")Purchase of own shares - Corrected VersionThis release is a correction to the one previously published on 17 August 2022 at 7:00am UK time. The below correction stipulates that the Company holds 3,895,125 of its ordinary shares in treasury and has 183,822,595 shares in issue (excluding treasury shares).LONDON, UK / ACCESSWIRE / August 17, 2022 / The Company announces that on 16 August 2022 it...

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Vicinity Motor Corp. Announces Distribution Agreement with TOK Group for VMC 1200 Class 3 Electric Truck
TransportationCompany Update

Vicinity Motor Corp. Announces Distribution Agreement with TOK Group for VMC 1200 Class 3 Electric Truck

August 16, 2022 8:31 AM

Leading Canadian Transportation Solutions Provider to Act as Dealer for VMC in York Region of the Greater Toronto AreaVANCOUVER, BC / ACCESSWIRE / August 16, 2022 / Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) (FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that it has signed a distribution agreement with the TOK Group ("TOK"), a Canadian transportation solutions provider, to...

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Volcon ePowersports Reports Second Quarter 2022 Operational and Financial Results
TransportationCompany Update

Volcon ePowersports Reports Second Quarter 2022 Operational and Financial Results

August 15, 2022 4:15 PM

AUSTIN, TX / ACCESSWIRE / August 15, 2022 / Volcon Inc. (NASDAQ:VLCN) ("Volcon" or the "Company"), the first all-electric, off-road powersports company, today reported its financial results for the second quarter of 2022.Company Highlights:Through June 30, 2022 signed over 100 dealersFulfilled substantially all dealer initial Grunt ordersLaunched the 2023 Volcon Stag July 1, 2022 and have taken pre-orders of over $70 million if all orders are...

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Vicinity Motor Corp. Reports Second Quarter 2022 Financial Results
TransportationEarnings

Vicinity Motor Corp. Reports Second Quarter 2022 Financial Results

August 15, 2022 4:05 PM

VANCOUVER, BC / ACCESSWIRE / August 15, 2022 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today reported its financial and operational results for the second quarter ended June 30, 2022.Second Quarter 2022 and Subsequent Operational HighlightsSecured order backlog exceeding $90 million, the majority of which are for electric vehicles.Received an...

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Transportation and Logistics Systems, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2022
TransportationEarnings

Transportation and Logistics Systems, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2022

August 12, 2022 6:00 PM

Company Adds JFK Cartage in the Third QuarterJUPITER, FL / ACCESSWIRE / August 12, 2022 / Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS", or the "Company"), a logistics service provider, announced that today the Company filed its Form 10-Q, Quarterly Report for the second quarter ended June 30, 2022.Sebastian Giordano, Chairman and CEO of TLSS, commented, "Second quarter results were in line with our expectations, so we believe...

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Aeroauto and MACA Go Racing Into the Newest EVTOL Partnership
TransportationPartnerships

Aeroauto and MACA Go Racing Into the Newest EVTOL Partnership

August 11, 2022 8:00 AM

STUART, FL / ACCESSWIRE / August 11, 2022 / For Millennia, prior to the Star Wars Land Speeders, there was the MACA EVTOL Racing Series. With their flying race vehicle, the S-11, MACA (www.macaflight.com) is set to take the racing world by storm, showcasing the most exciting race series on the planet. Whether it's a road track type of race or on the circle tracks highlighting the raw speed and power of these hydrogen powered planes, the S-11 is...

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TLSS Chairman Issues Fourth Update in 2022
TransportationCompany Update

TLSS Chairman Issues Fourth Update in 2022

August 10, 2022 8:15 AM

JUPITER, FL / ACCESSWIRE / August 10, 2022 / Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS" or the "Company"), a logistics service provider, is pleased to issue the following update to its stakeholders from its Chairman and Chief Executive Officer, Mr. Sebastian Giordano, his fourth communication in eight months since officially joining the Company at the beginning of the year.Dear Valued Stockholders, Investors and Interested...

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Planet Resource Recovery, Inc. (OTC:PRRY) ATV Manufacturer Business Development Update
TransportationCompany Update

Planet Resource Recovery, Inc. (OTC:PRRY) ATV Manufacturer Business Development Update

August 10, 2022 7:30 AM

SARASOTA, FL / ACCESSWIRE / August 10, 2022 / Planet Resource Recovery (OTC PINK:PRRY) recently acquired the intellectual property and tooling associated with the MAX Amphibious ATV (All-Terrain Vehicle) product line (www.maxatvs.com). The company is gearing up to recommence manufacturing of MAX ATVs, which were originally manufactured by Recreatives Industries Inc., between 1969-2013 in Buffalo, New York.President Galen Reich stated: "Our...

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Autocar, LLC Begins Field Testing All-Electric Cabover Refuse Trucks
TransportationCompany Update

Autocar, LLC Begins Field Testing All-Electric Cabover Refuse Trucks

August 5, 2022 10:15 AM

The E-ACX™ severe-duty refuse truck testing has started in Birmingham, AL.BIRMINGHAM, AL / ACCESSWIRE / August 5, 2022 / AUTOCAR®manufacturer of specialized severe-duty vocational trucks, has built its first two alpha units that feature a zero emissions, all-electric powertrain. The two E-ACX electric cabover refuse trucks, also known as battery-powered electric vehicles (BEVs), are going through a strict validation testing process to...

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TLSS Acquires JFK Cartage, Inc.
TransportationMergers and Acquisitions

TLSS Acquires JFK Cartage, Inc.

August 4, 2022 4:30 PM

CEO Expects to Close Freight Connections by mid-AugustJUPITER, FL / ACCESSWIRE / August 4, 2022 / Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS" or the "Company"), a logistics service provider, announced today, that through its wholly-owned operating subsidiary, Cougar Express, Inc. ("Cougar"), it closed on its stock purchase agreement ("SPA") by acquiring 100% of the outstanding stock of JFK Cartage, Inc. ("JFK Cartage")...

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