Author: Vitaliy Dadalyan

Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through February 2024

CHRISTIANSTED, U.S. Virgin Islands–(BUSINESS WIRE)–Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for February 2024 concerning Project Alpha, Phase II, presented by Seabird Technologies Limited in connection with that certain Non-Exclusive Patent and Technology Licensing Agreement between the Company and System73 Limited, entered into on October 6, […]

Luxfer Gas Cylinders Awarded Grant from Alberta Innovates for Innovative 700 Bar Type 4 Hydrogen Cylinder Development

RIVERSIDE, Calif.–(BUSINESS WIRE)–Luxfer Gas Cylinders, a division of Luxfer Holdings PLC (NYSE: LXFR), a global industrial company innovating niche applications in materials engineering, today announced it has been awarded a clean technology grant from Alberta Innovates Hydrogen Centre of Excellence to support the development of a new Type 4 700 bar hydrogen cylinder. Luxfer will […]

UPS Chief Financial Officer Brian Newman to Depart

Newman to focus on personal health; Company is initiating search for new Chief Financial Officer ATLANTA–(BUSINESS WIRE)–UPS (NYSE: UPS) announced today that Brian Newman, executive vice president and chief financial officer, will leave the company on June 1. UPS will evaluate internal and external CFO candidates to identify Newman’s successor. “On behalf of the company […]

Meridiam and Conrac Solutions Announce $299M Project to Enhance Reno-Tahoe International Airport’s Efficiency, Sustainability and Customer Experience

The development will include a Ground Transportation Center and Consolidated Rent-A-Car facility as part of the MoreRNO program RENO, Nev.–(BUSINESS WIRE)–Today, Meridiam, a leading sustainable infrastructure asset manager, and Conrac Solutions (CS), the nation’s only provider of on-airport consolidated rent-a-car facilities, announced a partnership with the Reno-Tahoe Airport Authority (RTAA) to develop a new Ground […]

Junction Industries Acquires Swiss Based Skyline Parking, Expanding Automated Vehicle Storage Solution to Portfolio

FORT WORTH, Texas–(BUSINESS WIRE)–#automated–Junction Industries, a leading innovator in advanced automation and infrastructure solutions, is thrilled to announce the acquisition of Skyline Parking, a pioneering company specializing in automated vehicle storage and retrieval. Skyline Parking AG, based in Zuzwil, Switzerland is wholly owned by the Junction Industries US subsidiary, Skyline Automation LLC. Skyline Parking is […]

Atlas Energy Solutions Announces First Quarter 2024 Results; Increases Quarterly Dividend

AUSTIN, Texas–(BUSINESS WIRE)–Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Total sales of $192.7 million Net income of $26.8 million (14% Net Income Margin) Adjusted EBITDA of $75.5 million (39% Adjusted EBITDA Margin) (1) Net cash […]

OneRail Launches Inventory Visibility Solution to Combat Shrinkage and Increase Efficiencies

New Survey Reveals 67% of Companies Experience Shrinkage in Shipping ORLANDO, Fla.–(BUSINESS WIRE)–#lastmiledelivery—OneRail, an innovative provider of solutions in last mile omnichannel fulfillment, announces the launch of a new Inventory Visibility solution within its OmniPoint® cloud-based platform to address the growing challenge of product shrinkage that shippers face. Product shrinkage (the loss of inventory) during […]