Transport News

Stay informed on the transportation industry. Read press releases covering air transport, logistics, maritime, public transportation, and rail. Discover trends, innovations, and updates shaping the future of transport and logistics.

May 2, 2025 at 6:00 AM

Dorian LPG Ltd. Declares Irregular Cash Dividend of $0.50 Per Share

STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), today announced that its Board of Directors has declared an irregular cash dividend of $0.50 per share of the Company’s common stock. The total dividends to be paid will amount to approximately $21.3 million. The irregular dividend is payable on or about May 30, 2025 to all shareholders of record as of the close of business on May 16, 2025. Forward-Looking & Other Cautionary S...
May 2, 2025 at 4:20 AM

BW LPG Limited - Audited Financial Statements 2024

SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) hereby publishes the Directors’ Statement, Audited Financial Statements for the financial year ended 31 December 2024 and the Auditor’s Report thereon, which will be tabled for adoption by the shareholders at the Company’s Annual General Meeting to be held on 15 May 2025. The report can be found on the Company’s website at www.bwlpg.com/investors/reports-presentations/....
May 2, 2025 at 2:00 AM

Avolon Raises US$1.0 Billion in New Unsecured Bank Facility With Middle East Financial Institutions

DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (‘Avolon’), a leading global aviation finance company, announces it has raised US$1.0 billion in a new unsecured dual tranche bank facility (the ‘Facility’) with a syndicate of six banks in the Middle East. The facility will contain a conventional and an Islamic tranche, with a four-year tenor. The transaction builds on the US$750 million credit facility Avolon raised in June 2024, which had significant Middle East bank participation, and establi...
May 1, 2025 at 9:33 PM

ATDM & AM CoE Summit Bolsters Defense Manufacturing Workforce and Partnerships

DANVILLE, Va.--(BUSINESS WIRE)--ATDM & Navy AM CoE Summit unites 450+ leaders to boost defense manufacturing workforce and speed production for Navy shipbuilding....
May 1, 2025 at 4:41 PM

SPS Commerce Enhances Offering to Include Suite of Services for Manufacturing Supply Chain

MINNEAPOLIS--(BUSINESS WIRE)--SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced Manufacturing Supply Chain Performance Suite, a Full-service EDI offering designed to help companies who manufacture products modernize and optimize their procurement and supply chain processes. Based on years of experience supporting these organizations, SPS developed this comprehensive solution to help brands, co-manufacturers, and co-packers achieve a better perfor...
May 1, 2025 at 4:30 PM

Uber CEO to Participate in Fireside Chat Hosted by J.P. Morgan

SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, will participate in a fireside chat at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on Thursday, May 15th. Mr. Khosrowshahi is scheduled to appear at 6:20am PT (9:20am ET). An audio webcast of the event will be available on the investor relations section of the Uber website at http://investor.uber.com. About Uber Uber’s mission is to create oppo...
May 1, 2025 at 4:25 PM

Newport Beach International Boat Show Named #1 Boat Show in the Nation…

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Newport Beach International Boat Show Named #1 Boat Show in the Nation......
May 1, 2025 at 4:15 PM

NPK Reports First Quarter 2025 Results

THE WOODLANDS, TEXAS--(BUSINESS WIRE)--NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 RESULTS (all comparisons versus the prior year period unless otherwise noted) Revenues of $64.8 million, +32% Operating income from continuing operations of $13.5 million Operating margin from continuing operations of 20.9% Income from continuing operations of $10.4 million, or $0.12 per diluted share Adjusted...
May 1, 2025 at 4:02 PM

ClimaTech 2025: Massachusetts Doubles Down on Climate Innovation With Best of Business to Move Forward

BOSTON--(BUSINESS WIRE)--After a breakout first year, ClimaTech returns to Boston for its second annual event, uniting thought leaders, policymakers, and tech innovators to drive urgent climate action. With new programming across two stages and over 60 speakers from all across the climate and technology landscape, the 2025 event will catalyze large-scale change across sectors – from energy and transportation to real estate and AI. By connecting changemakers and reimagining typical sessions in f...
May 1, 2025 at 1:40 PM

ProShip Announces Program Offering Universal Access to USPS Services

BROOKFIELD, Wis.--(BUSINESS WIRE)--ProShip, the industry-leading multi-carrier shipping software provider, today announced a strategic program with the U.S. Postal Service to provide universal access to all USPS products within the ProShip platform. This collaboration significantly enhances shipping options for high-volume parcel shippers, aligning with the Postal Service’s strategic 10-year transformation and modernization plan. This program empowers ProShip customers to optionally include USP...
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