Category: Trucking News

One Liberty Properties: 3Q Earnings Snapshot

GREAT NECK, N.Y. (AP) _ One Liberty Properties Inc. (OLP) on Thursday reported a key measure of profitability in its third quarter. The Great Neck, New York-based real estate investment trust said it had funds from operations of $9.4 million, or 47 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry....

UPDATE 1-Democratic lawmakers question FAA decisions on Boeing safety issues

The issues involve the 737 MAX rudder cable and lightning protection for fuel tanks on the 787 Dreamliner. Representative Peter DeFazio, who chairs the House of Representatives Transportation and Infrastructure Committee, and Representative Rick Larsen, who chairs the aviation subcommittee, said in a letter to FAA Administrator Steve Dickson that FAA management ultimately overruled the technical specialists after Boeing objected....

RLJ Lodging: 3Q Earnings Snapshot

BETHESDA, Md. (AP) _ RLJ Lodging Trust (RLJ) on Thursday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $79.2 million, or 46 cents per share, in the period....