First Quarter 2024 Highlights Record first quarter total revenues of $804 million, an increase of 9% Net income decreased 3% to $65 million, or $2.29 per diluted share Adjusted EBITDA of $339 million increased 10%; adjusted EBITDA margin increased to 42.2% Rental pricing increased 5.1% year-over-year Added 15 new locations through M&A and greenfield openings […]
GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024. Michael Hance, who served as Interim CEO, will continue to serve as Chief Legal Officer and Secretary. Mr. Stewart is a seasoned executive […]
New facility in South Dakota begins producing ultra-low carbon RNG for the transportation market NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced its latest renewable natural gas (RNG) facility at Victory Farms Dairy in Revillo, South Dakota, has successfully completed construction and is injecting pipeline quality RNG into the interstate natural gas […]
NEW YORK, OSLO, Norway & NEWNAN, Ga.–(BUSINESS WIRE)–FREYR Battery (NYSE: FREY) (“FREYR”), a developer of next-generation battery cell production capacity, will publish a press release detailing first quarter 2024 results and conduct a conference call on May 8, 2024. The first quarter 2024 press release will be issued by 6:00 am U.S. Daylight Time (12:00 […]
Consolidated Revenues of $21.7B, Compared to $22.9B Last Year Consolidated Operating Margin of 7.4%; Adjusted* Consolidated Operating Margin of 8.0% Diluted EPS of $1.30; Adj. Diluted EPS of $1.43, Compared to $2.20 Last Year Reaffirms Full-Year 2024 Financial Guidance ATLANTA–(BUSINESS WIRE)–UPS (NYSE:UPS) today announced first-quarter 2024 consolidated revenues of $21.7 billion, a 5.3% decrease from […]
Parcel tracking application rebuilt with a new architecture, now offering a greater range of tracking events at both handling unit and order levels Carbon Visibility solution now offers users powerful new ways to interact with, analyze, and monitor the quality of CO2 emissions data Improved completeness of containers and milestones, as well as milestone accuracy, […]
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced that consultant Werner Wilhelm is assisting the Company as Executive Launch Director, effective immediately. With an extensive background spanning over four decades in the automotive industry, Mr. Wilhelm brings a wealth […]