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Logistics/Supply Chain Management
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CORRECTING and REPLACING ProShip Announces Program Offering Universal Access to USPS Services

BROOKFIELD, Wis.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: ProShip Announces Program Offering Universal Access to USPS Services 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 USPS shipping products within the ProShip platform. This collaboration significantly enhances shipping option...
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Ryder Declares Quarterly Cash Dividend

MIAMI--(BUSINESS WIRE)--The Board of Directors of Ryder System, Inc. (NYSE: R) declared a regular quarterly cash dividend of $0.81 per share of common stock to be paid on June 20, 2025, to shareholders of record on May 19, 2025. This is Ryder’s 195th consecutive quarterly cash dividend – marking more than 48 years of uninterrupted dividend payments. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply c...
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PAMT CORP Announces Preliminary Results of its Self Tender Offer

TONTITOWN, Ark.--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) (the “Company”) today announced the preliminary results of its modified “Dutch auction” tender offer to purchase up to 435,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Thursday, May 1, 2025. Based on the preliminary count by Computershare Trust Company, N.A. (“Computershare”), the depositary for the tender offer, approximately 885,179 shares were properly tendered and not properly withdrawn at...
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Miami Jury Returns $31 Million Verdict in ‘Flying Tire’ Death Case

MIAMI--(BUSINESS WIRE)--A Miami-Dade County jury has returned a $31 million verdict in favor of Julianna Charles, the surviving fiancée of 25-year-old Josué Calá, who was tragically killed when a tire and wheel assembly detached from a commercial box truck, bounced over the Interstate 95 median and crashed through the windshield of the SUV he was driving. “This tragedy should raise serious concerns about the lack of proper practices in the trucking industry,” said plaintiffs attorney Wes Ball o...
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DXP Enterprises, Inc. Announces First Quarter 2025 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the first quarter ended March 31, 2025, on Wednesday, May 7th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live,...
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Fonon Technologies Scores Third Major Order for Advanced Laser Cleaning Systems From Incredible Supply & Logistics

ORLANDO, Fla.--(BUSINESS WIRE)--Fonon Technologies, a provider of state-of-the-art laser technologies for material processing and defense infrastructures, announced it has received a substantial third order for its DefenseTech Laser Cleaning Systems. This order was facilitated through a valued distribution partner, Incredible Supply & Logistics (ISL), an award-winning product distribution and third-party logistics (3PL) company. Bryan Lee, Vice President of Fonon Technologies, emphasized th...
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Algoma Central Corporation Reports Financial Results for the 2025 First Quarter

ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the three months ended March 31, 2025. Algoma reported revenues of $107,201, compared to revenues of $109,214 in 2024. Net loss for 2025 was $23,280 compared to a net loss of $17,253 for the same period in 2024. Due to the closing of the canal system and the winter weather conditions on the Great Lakes – St. Lawrence Seaway, the majority of the Domestic Dry-Bu...
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J.B. Hunt Transport Services, Inc. Announces Participation in Upcoming Investor Conferences

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Executive Vice President of Sales and Marketing Spencer Frazier and Senior Vice President of Intermodal Pricing Stacey Griffin will address the Bank of America Industrials, Transportation and Airlines Key Leaders Conference in New York City, New York, at 11:05am EDT on Tuesday, May 13, 2025. Executive Vice President and President of Intermodal Darren Field will address the Wolfe 18th Annual Global Transportation an...
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Snaile Partners with Virtual.com to Join the Virtual Network

TORONTO--(BUSINESS WIRE)--Snaile partners with Virtual.com to join the Virtual Network....
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VSE Corporation Completes Refinancing of Term Loan and Revolver

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, today announced the successful refinancing of its Term Loan A and Revolving Credit Facility. The Company entered into a new $300 million Term Loan A and a $400 million revolving credit facility, both maturing on May 2, 2030. These facilities refinance and replace the Company’s previous debt arrangements, which were scheduled to mat...