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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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CVMA Statement Regarding U.S. Decision to Resume Duty-Free Trade of Aluminum
TransportationCompany Update

CVMA Statement Regarding U.S. Decision to Resume Duty-Free Trade of Aluminum

September 15, 2020 7:30 PM

TORONTO, ON / ACCESSWIRE / September 15, 2020 / Statement by Brian Kingston, President & CEO of the Canadian Vehicle Manufacturers' Association: "The CVMA welcomes the U.S. announcement that it will resume duty-free trade of non-alloyed, unwrought aluminum retrospective to September 1, 2020. We appreciate the Canadian government's efforts to resolve this trade issue which added unnecessary costs to manufacturers on both...

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Texas A&M System, Fetii Inc Take On COVID-19 With Systemwide Partnership
TransportationPartnerships

Texas A&M System, Fetii Inc Take On COVID-19 With Systemwide Partnership

September 8, 2020 4:30 PM

AUSTIN, TX / ACCESSWIRE / September 8, 2020 / The Texas A&M University System has awarded Fetii Inc a systemwide contract to utilize Fetii's technology this fall. The software solution developed by Fetii Inc helps give smart campuses the ability to reopen and stay open by limiting COVID-19 outbreaks. Fetii accomplishes this by utilizing QR scanning technology, an IOS/Android application and a management system to provide contact...

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HotelRunner Acquires Rate Shopping and Comparison Platform RateFor in Strategic Growth Move
TransportationMergers and Acquisitions

HotelRunner Acquires Rate Shopping and Comparison Platform RateFor in Strategic Growth Move

September 3, 2020 9:00 AM

LONDON, UK / ACCESSWIRE / September 3, 2020 / ​​​​​​Listed by WIRED magazine as one of Europe's 100 Hottest Startups two years in a row, VC-backed travel tech startup HotelRunner has today announced that it has acquired rate analysis, shopping and comparison platform RateFor. As a global sales management and distribution platform for online travel agents (OTAs), hotels and payment providers to 'find, contract, connect, and transact...

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GoIP Announces Second Asset Purchase Agreement to Acquire FedEx Ground and Home Routes in the New York City Area
TransportationCompany Update

GoIP Announces Second Asset Purchase Agreement to Acquire FedEx Ground and Home Routes in the New York City Area

August 28, 2020 9:15 AM

NEW YORK, NY / ACCESSWIRE / August 28, 2020 / GoIP Global Inc. (OTC PINK:GOIG) announced today, the signing of an additional asset purchase agreement to acquire substantially all of the assets of a privately-held transportation company that operates FedEx home and ground routes in the NYC area. This acquisition, as well as the previously announced acquisition, is subject to approval by FedEx. As previously stated, the purchase price of both...

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Global Crossing Airlines CFO Ryan Goepel to Present at the LD 500 Virtual Conference
TransportationConferences

Global Crossing Airlines CFO Ryan Goepel to Present at the LD 500 Virtual Conference

August 25, 2020 9:00 AM

LOS ANGELES, CA / ACCESSWIRE / August 25, 2020 / Global Crossing Airlines Inc. (TSXV:JET) (OTC PINK:JETMF) (the "Company" or "GlobalX") soon to launch as the premier Charter/ ACMI airline in North America, today announced that CFO Ryan Goepel will present at the LD 500 virtual investor conference on Friday, September 4th at 9:20 AM EDT / 6:20 AM PDT. GlobalX is a new entrant airline now in phase 2 FAA certification....

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Grande West Announces Second Quarter Results
TransportationCompany Update

Grande West Announces Second Quarter Results

August 24, 2020 6:10 PM

VANCOUVER, BC / ACCESSWIRE / August 24, 2020 / Grande West Transportation Group Inc. (TSXV:BUS)(OTC PINK:GWTNF) ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, announced today, financial results for the second quarter ending June 30, 2020. Second Quarter Highlights Bus, aftermarket parts and other revenue for the three...

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Truckstop.com Welcomes Kendra Tucker as Chief Revenue Officer
TransportationManagement Changes

Truckstop.com Welcomes Kendra Tucker as Chief Revenue Officer

August 17, 2020 1:00 PM

BOISE, ID / ACCESSWIRE / August 17, 2020 / Truckstop.com, the first online freight marketplace, announced today that Kendra Tucker, has joined the company as chief revenue officer (CRO). "We are delighted that Kendra has joined the executive team," said Paris Cole, CEO of Truckstop.com. "Her track record for growth and stellar leadership across sales, marketing, and customer success will further our company's mission to...

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GOIP Announces Asset Purchase Agreement to Acquire FedEx Ground and Home Routes in the New York City Area
TransportationCompany Update

GOIP Announces Asset Purchase Agreement to Acquire FedEx Ground and Home Routes in the New York City Area

August 12, 2020 8:30 AM

NEW YORK, NY / ACCESSWIRE / August 12, 2020 / GoIP Global Inc (OTC PINK:GOIG) announced today, the signing of an asset purchase agreement to acquire substantially all of the assets of a privately-held transportation company that operates FedEx home and ground routes in the NYC area, this follows the LOI that was announced in a press release on June 1, 2020. The acquisition is subject to approval by FedEx; as well as the acquisition of a second...

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Grande West To Announce 2020 Second Quarter Results August 24
TransportationCompany Update

Grande West To Announce 2020 Second Quarter Results August 24

August 11, 2020 7:00 AM

VANCOUVER, BC / ACCESSWIRE / August 11, 2020 / Grande West Transportation Group Inc. (TSXV:BUS)(OTC PINK:GWTNF) ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, announced today that 2020 second quarter financial results will be released after market close on Monday, August 24, 2020. A conference call for interested listeners will...

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P.A.M. Transportation Services, Inc. Announces Appointment of New President and Chief Executive Officer
TransportationManagement Changes

P.A.M. Transportation Services, Inc. Announces Appointment of New President and Chief Executive Officer

August 7, 2020 2:45 PM

TONITOWN, AR / ACCESSWIRE / August 7, 2020 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today announced that on August 4, 2020, the Board of Directors of the Company appointed Joseph A. Vitiritto to serve as the Company's new President and Chief Executive Officer. Mr. Vitiritto will begin his new role on August 18, 2020 and succeeds the Company's former President and Chief Executive Officer, Daniel H. Cushman, who retired...

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CVMA Statement Regarding U.S. Section 232 Aluminum Tariff Action
TransportationCompany Update

CVMA Statement Regarding U.S. Section 232 Aluminum Tariff Action

August 6, 2020 7:00 PM

TORONTO, ON / ACCESSWIRE / August 6, 2020 / Statement by Brian Kingston, President & CEO of the Canadian Vehicle Manufacturers' Association: "The U.S. tariffs announced today on Canadian aluminum undermine the benefits of CUSMA, add unnecessary costs to industry on both sides of the border and risk the fragile economic recovery underway from the COVID-19 pandemic." "The CVMA urges the Canadian government to...

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Cooper Standard to Present at the 2020 J.P. Morgan Auto Conference
TransportationCompany Update

Cooper Standard to Present at the 2020 J.P. Morgan Auto Conference

August 6, 2020 4:30 PM

NORTHVILLE, MI / ACCESSWIRE / August 6, 2020 / Cooper-Standard Holdings Inc. (NYSE:CPS) will present at the virtual 2020 J.P. Morgan Auto Conference on Tuesday, Aug. 11. Cooper Standard's Jeffrey Edwards, chairman and CEO, will discuss the Company's business and strategies at 2:20 p.m. ET. A link to the live webcast and presentation materials will be available on Cooper Standard's website at...

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Cooper Standard Reports Second Quarter Results
TransportationEarnings

Cooper Standard Reports Second Quarter Results

August 4, 2020 6:15 PM

NORTHVILLE, MI / ACCESSWIRE / August 4, 2020 / Cooper-Standard Holdings Inc. (NYSE:CPS) today reported results for the second quarter 2020. Second Quarter 2020 Summary Sales totaled $340.5 million, significantly impacted by industry-wide shutdowns Net loss of $134.2 million or $(7.93) per diluted share Adjusted EBITDA of $(93.8) million or (27.5) percent of sales Adjusted net loss of $111.8 million or $(6.61) per diluted...

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Patriot Transportation Holding, Inc. Announces Results for the Third Quarter and Fiscal Year 2020
TransportationConference CallEarnings

Patriot Transportation Holding, Inc. Announces Results for the Third Quarter and Fiscal Year 2020

July 29, 2020 12:10 PM

JACKSONVILLE, FL / ACCESSWIRE / July 29, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI): Third Quarter Operating Results The Company reported net income of $573,000, or $.17 per share, compared to $396,000, or $.12 per share, in the same quarter last year. Transportation revenues (excluding fuel surcharges) were $18,032,000, down $6,875,000 due to lower miles versus the same quarter last year. Revenue miles were down...

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P.A.M. Transportation Services, Inc. Announces Results For The Second Quarter Ended June 30, 2020
TransportationEarnings

P.A.M. Transportation Services, Inc. Announces Results For The Second Quarter Ended June 30, 2020

July 23, 2020 2:20 PM

TONTITOWN, AR / ACCESSWIRE / July 23, 2020 / P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) today reported a net loss of $0.8 million, or diluted loss per share of $0.14, for the quarter ended June 30, 2020, and net loss of $2.1 million, or diluted loss per share of $0.37 for the six-month period then ended. These results compare to net income of $8.7 million, or diluted earnings per share of $1.45, and net income of $17.0 million, or...

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GreenPower Receives Order for 10 Electric School Buses
TransportationCompany Update

GreenPower Receives Order for 10 Electric School Buses

July 23, 2020 9:00 AM

Three California School Districts Continue Transition to Zero Emissions Transportation LOS ANGELES, CA / ACCESSWIRE / July 23, 2020 / GreenPower Motor Company Inc. (TSXV:GPV) (OTCQB:GPVRF) ("GreenPower"), a leading designer, manufacturer, and distributor of a diverse line of electric powered buses serving the cargo and delivery, shuttle, transit and school sectors today announced orders for ten 90-passenger Synapse...

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Patriot Transportation Holding, Inc. to Announce Results for the Third Quarter of Fiscal Year 2020 on July 29, 2020
TransportationCompany Update

Patriot Transportation Holding, Inc. to Announce Results for the Third Quarter of Fiscal Year 2020 on July 29, 2020

July 22, 2020 11:30 AM

JACKSONVILLE, FL / ACCESSWIRE / July 22, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) anticipates issuing its 2020 third quarter earnings results Wednesday, July 29, 2020. The Company will host a conference call on July 29, 2020 at 3:00pm (EST). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-877-407-0778 domestic or international at 1-201-689-8565. Computer audio live streaming is...

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Advertising Vehicles Takes Large Format Branding Expertise into New Signage Company, Signtacular
TransportationCompany UpdateProduct Announcements

Advertising Vehicles Takes Large Format Branding Expertise into New Signage Company, Signtacular

July 21, 2020 1:45 PM

Inspired to help Businesses, Schools, and Organizations Navigate COVID-19 Communications, Company Offers Packages Designed to Promote Safe Returns to School and Work. CINCINNATI, OH / ACCESSWIRE / July 21, 2020 / Signtacular, a new specialty sign company based in Cincinnati, is launching to help organizations across the country more seamlessly navigate responsible returns to work and school amid the COVID-19 pandemic. Based on the expertise...

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Cooper Standard to Host Conference Call on August 5 to Discuss Second Quarter 2020 Financial Results
TransportationCompany Update

Cooper Standard to Host Conference Call on August 5 to Discuss Second Quarter 2020 Financial Results

July 21, 2020 8:30 AM

NORTHVILLE, MI / ACCESSWIRE / July 21, 2020 / Cooper-Standard Holdings Inc. (NYSE:CPS) will hold a conference call on Wednesday, August 5 at 9 a.m. ET. The Company's Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial Officer Jonathan Banas will discuss Cooper Standard's second quarter 2020 results, provide a general business update and respond to investor questions. The Company expects to release results for the...

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GreenPower Reports Record Annual Revenue of $13.5 Million, an Increase of 122% Over the Previous Year
TransportationEarnings

GreenPower Reports Record Annual Revenue of $13.5 Million, an Increase of 122% Over the Previous Year

July 20, 2020 4:40 PM

VANCOUVER, CANADA / ACCESSWIRE / July 20, 2020 / GreenPower Motor Company Inc. (TSXV:GPV) (OTCQB:GPVRF) ("GreenPower" or the "Company"), a leading designer, manufacturer, and distributer of zero emissions electric powered vehicles serving the delivery and cargo, micro-transit, private transportation and school bus markets, today announced results for its year and fourth quarter ended March 31, 2020. Highlights for Fiscal...

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