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KANSAS CITY, Kan.--(BUSINESS WIRE)--Union Pacific Railroad celebrated the grand opening of its newest intermodal terminal today in Kansas City, Kansas. This is the fourth intermodal facility Union Pacific has opened since 2021 as part of its ongoing commitment to quickly meet customers’ needs and grow the railroad’s intermodal footprint. The Kansas City Intermodal Terminal (KCIT) is strategically located near several key highway and interstate arteries that will provide shippers seamless access...

LONG BEACH, Calif.--(BUSINESS WIRE)--FirstMile, ACI Logistix and Sendle today jointly announced the strategic merger of the three entities, to operate under the unified vision and leadership of FAST Group. The merger, backed by investment from Federation Asset Management, brings together the unique strengths and complementary capabilities of three leaders in the logistics industry, to form a powerful new group to meet the modern shipping needs of businesses of all sizes. Headquartered in Califo...

OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Railroad will launch a new, truck-competitive domestic intermodal service connecting Southern California’s Inland Empire to the heart of Chicago, significantly boosting intermodal capacity. Beginning Sept. 3, this innovative service enhances the seamless connection from the Los Angeles Basin's most active warehouse district through Union Pacific’s Inland Empire Intermodal Terminal (IEIT) directly to Chicago's Global 2 Intermodal Terminal. Customers wi...

PHOENIX--(BUSINESS WIRE)--The Western States Contractors Association (WSCA) today announced the appointment of consultant Matt Capalby as WSCA’s Industry Liaison in Arizona. In his new role, Capalby will serve as the face of WSCA in Arizona—representing union-signatory heavy civil contractors and building strategic relationships with transportation agencies and public officials. A third-generation Arizona native and military veteran, Capalby brings more than 30 years of experience in Arizona’s...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Archer (NYSE: ACHR) today announced two strategic acquisitions to accelerate the development of its next-generation defense aircraft. These acquisitions build on Archer’s December 2024 announcement of a strategic partnership with Anduril to co-develop hybrid, autonomous VTOL military aircraft—followed by $1.3B in capital raised to pursue both defense and commercial opportunities. Since that announcement, Archer continues to see growing demand from majo...

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today released its 2024 Sustainability Report, reflecting company-wide progress across environmental, social, and governance priorities in 2024. Now in its second year, the report details PHINIA’s continued investment and development in sustainable operations and innovation, circular economy practices, inclusivity and engagement, employee well-being and...

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz," "Hertz Global," or the "Company") today reported results for its second quarter 2025. HIGHLIGHTS Net income and Adjusted Corporate EBITDA both improved ~$0.5 billion year-over-year, marking the Company's first quarter of positive Adjusted Corporate EBITDA in nearly two years, a result of its disciplined fleet management, operational efficiency, and rigorous cost management The Company’s “Buy Right, Hold Right, Se...

HAMILTON, Bermuda--(BUSINESS WIRE)--August 6, 2025-- GCI Funding I LLC (“GCI Funding”) today announced that, in connection with the acquisition on July 1, 2025 of GCI Funding and certain of its affiliates by Triton Container International Limited (“TCIL”), a wholly-owned subsidiary of Triton International Limited (“Triton”), GCI Funding has commenced a consent solicitation (the “Consent Solicitation”) to amend certain agreements (the “Note Agreements”) relating to its prior issuance of fixed ra...

BELLEVUE, Wash.--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE: EXPD) announced the appointment of David A. Hackett on August 4, 2025, as Senior Vice President and Chief Financial Officer, effective October 1, 2025. Hackett has served as Vice President, Finance, since May 2024. On August 4, 2025, Expeditors’ current Senior Vice President and Chief Financial Officer, Bradley S. Powell, notified the Board of Directors of his intention to retire, effective September 30, 2025....

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.64 per share on all outstanding Class A and Class B shares. The dividend is payable September 4, 2025, to shareowners of record on August 18, 2025. Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999. About UPS UPS (NYSE: UPS) is one of the world’s largest...