PERRYSBURG, Ohio–(BUSINESS WIRE)–#bestmanaged–OnPoint Group is proud to announce it has been selected as a 2024 US Best Managed company. Now in its fifth year, the award, sponsored by Deloitte* Private and The Wall Street Journal, recognizes the achievements of U.S. private companies and the successes of their management teams. “We are honored to be a […]
Robust margin expansion supported by performance of diversified businesses and consistent operational execution First Quarter 2024 Highlights Net sales of $968 million in the first quarter, down 1% year-over-year Net income of $37 million, or $1.44 per diluted share, in the first quarter, up from $7 million, or $0.29 per diluted share, in the first […]
Solid Independent Foodservice Case Growth & Strong Cash Flow Generation Third-Quarter Fiscal 2024 Highlights Total case volume decreased 0.2% Organic Independent Foodservice case volume increased 4.3% Net sales increased 0.6% to $13.9 billion Gross profit improved 3.8% to $1.6 billion Net income decreased 12.3% to $70.4 million Adjusted EBITDA increased 1.9% to $320.7 million1 Diluted […]
Quantitative analysis compares total cost to transport goods by diesel versus electric vehicles and weighs broader inflationary impact MIAMI–(BUSINESS WIRE)–#RyderEverbetter—Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, releases a quantitative analysis of the potential economic impacts of converting commercial diesel vehicles to electric vehicles (EV) in today’s […]
SOUTHFIELD, Mich.–(BUSINESS WIRE)–#EVtechnologies–Intelligent power management company Eaton today announced it has been selected by a leading manufacturer of electrified vehicles to supply a unique ELocker® differential system for use on a new plug-in electric hybrid (PHEV) SUV. Unlike traditional PHEVs, which use an electric motor and internal combustion engine to power all the drive wheels, […]
LOS ANGELES–(BUSINESS WIRE)–WhiteHawk Capital Partners, LP (“WhiteHawk”), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with C3 Rentals, Inc. (“C3 Rentals”) to provide a $100 million asset-based credit facility (the “Financing”). C3 Rentals will use the proceeds of the Financing to provide incremental liquidity for continued […]
SANTA CLARA, Calif.–(BUSINESS WIRE)–Archer Aviation Inc. (NYSE: ACHR) today announced that members of its management team are scheduled to participate in upcoming investor conferences. BofA Securities: Transportation, Airlines and Industrials Conference 2024 Thursday, May 16, 2024 in New York, NY 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference Tuesday, May 21, 2024 in […]