Team Aims to Transform Transportation and Supply Chain Networks; Prepare for Coming AI Wave MIAMI–(BUSINESS WIRE)–#RyderEverbetter—Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the establishment of Baton, A Ryder Technology Lab, based in Silicon Valley. Baton’s mission is to pioneer a suite of groundbreaking customer-facing technologies […]
In second quarter, truck shipments fall 9% nationwide as volume drops 27% in Northeast region MINNEAPOLIS–(BUSINESS WIRE)–Truck freight volume and spending in the second quarter of 2023 declined by the highest levels since the early days of the pandemic, the latest U.S. Bank Freight Payment Index revealed. Spending by shippers dropped 10.9% compared to the […]
Donohoe to drive DP World’s freight forwarding expansion across the Americas region CHARLOTTE, N.C.–(BUSINESS WIRE)–DP World, a leading provider of end-to-end supply chain solutions, announces that it has appointed Terry Donohoe as Vice President of Freight Forwarding for the Americas. Donohoe will be responsible for establishing and implementing the Americas’ freight forwarding strategy and service […]
Multi-year initiatives will improve traffic management, safety and mobility in key Midwest cities Indianapolis and Kansas City GENEVA, Ill.–(BUSINESS WIRE)–$ITI #IMPO—Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded contracts for smart mobility, safety and sustainability projects by two agencies in the Midwest: […]
eModal PreGate and Fee Manager applications power new gate appointment system and automated fee payment capabilities for leading Florida container terminal SOMERSET, N.J.–(BUSINESS WIRE)–Advent eModal (AeM), the world’s largest port community system serving the intermodal supply chain, announced today that Port Everglades Terminal (PET), a 40-acre terminal in the Southport area of Port Everglades in […]
Reports Sales of $2.41 billion, up 17 Percent Reports Strong Orders Leading to a Backlog of $15 Billion Reports Diluted Earnings per Share of $2.67 and Adjusted1 Earnings per Share of $2.69 Raises Fiscal 2023 Sales and Earnings Expectations Completes Acquisition of JBT AeroTech OSHKOSH, Wis.–(BUSINESS WIRE)–$OSK #OshkoshCorporation–Oshkosh Corporation (NYSE: OSK), a leading innovator of […]
Second Quarter Revenue Up 18% Year Over Year; Strong Profit and Cash Generation $100 Million in Share Repurchases; $200 Million Debt Redemption Launched in July 2023 Full Year 2023 Guidance Increased; Expect to Increase Common Stock Dividend in Fourth Quarter 2023 PITTSBURGH–(BUSINESS WIRE)–Howmet Aerospace (NYSE:HWM): Second Quarter 2023 Highlights Revenue of $1.65 billion, up 18% […]