Category: Business Wire

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USD Partners Announces New Renewable Diesel Contract at West Colton Terminal and the Creation by US Development Group of USD Clean Fuels LLC to Provide Production and Logistics Solutions to Clean Energy Industry

HOUSTON–(BUSINESS WIRE)–USD Partners LP (NYSE:USDP) (“USDP” or the “Partnership”) announced today that the Partnership has entered into a Terminal Services Agreement with USD Clean Fuels LLC (“USDCF”), a newly-formed subsidiary of US Development Group, LLC (“USDG”). The Terminal Services Agreement provides for the inbound shipment of renewable diesel on rail and the outbound shipment of […]

Forward Named #1 Expedited Carrier By Transport Topics

GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward was named top Air/Expedited Carrier by Transport Topics. The annual rankings list top companies across […]

CN-KCS Voting Trust Receives Additional Support From Organized Labor, Including Four Local Union Letters From the Brotherhood of Locomotive Engineers and Trainmen

CN-KCS voting trust previously received support from SMART-TD General Committees and International Brotherhood of Boilermakers MONTREAL & KANSAS CITY, Mo.–(BUSINESS WIRE)–CN (TSX: CNR) (NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that three local union committees representing CN and KCS employees in the United States that are affiliated with the Brotherhood of […]

Alto Announces Closing of $45M Series B Financing

New Funding to Support Market Expansion, Electrification of Vehicle Fleet DALLAS–(BUSINESS WIRE)–Alto, a leader in ride-hailing and private transportation currently operating in Dallas, Houston, and Los Angeles, has announced the successful completion of a $45M Series B financing — the company’s largest round of funding and infusion of capital to date. Alto is the first […]

Onset Financial Funds $30M in Transportation

DRAPER, Utah.–(BUSINESS WIRE)–With an immediate cash flow concern on the line for an industry-best provider of transportation and trucking solutions – Onset Financial was able to quickly fund $30M in tractors and over-the-road equipment for them. Onset’s ability to meet the transportation company’s tight timeframe has given the lessee the assets necessary to generate significantly […]

Advent Technologies Announces Membership in German Intelligent Mobility Association

BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced its membership in ITS mobility, the largest competence cluster for intelligent mobility in Germany. The U.S. corporation develops cutting-edge technologies allowing for an “Any Fuel. Anywhere.” option in which Advent’s high-temperature fuel cells are not limited to exclusively using hydrogen as a fuel source as […]

Pro-competitive CN-KCS Combination Gains Even More Support from Key Stakeholders

Customers, suppliers, elected officials and other stakeholders sent nearly 200 additional letters underscoring benefits of CN and KCS combination, bringing total to well over 1,650 Congressman Sam Graves (R-MO) along with top elected leaders in Louisiana file letters in support of CN-KCS voting trust MONTREAL & KANSAS CITY, Mo.–(BUSINESS WIRE)–CN (TSX: CNR) (NYSE: CNI) and […]