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.

Jun 16, 2025 at 7:39 PM

MakeMyTrip Announces Proposed Primary Offering of Ordinary Shares

NEW YORK & GURUGRAM, India--(BUSINESS WIRE)--MakeMyTrip Announces Proposed Primary Offering of Ordinary Shares....
Jun 16, 2025 at 7:03 PM

Only Four of the Largest 30 Tuna Fishing Companies Disclose Catch Data, Exposing Investors to Supply Chain Risk

LONDON--(BUSINESS WIRE)--New research from Planet Tracker reveals for the first time the actual catch of the world’s 30 largest tuna harvesters despite their highly opaque disclosures. The study, Tuna Turner: Investors Must Turn Up Transparency in the Tuna Industry, trawls Global Fishing Watch data to reconstruct catch volumes by species and region for all 2,153 industrial vessels fishing tuna globally. The research attributes these details for the first time to companies and the countries they...
Jun 16, 2025 at 6:51 PM

Oman’s Low-Cost Carrier SalamAir Selects StandardAero for CFM International LEAP-1A Engine Maintenance, Repair & Overhaul Support

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, a leading independent pure-play provider of aerospace engine aftermarket services, is proud to announce its selection by SalamAir, Oman’s low-cost carrier, to provide maintenance, repair & overhaul (MRO) support for the CFM International LEAP-1A turbofan engines powering its fleet of Airbus A320neo family narrowbody aircraft. StandardAero provides support for the next-generation CFM International LEAP-1A and LEAP-1B engine family from its 81...
Jun 16, 2025 at 5:00 PM

AGI Announces Q2 2025 Dividend

WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) (“AGI” or the “Company”) today announced the declaration of a cash dividend of $0.15 per common share for the second quarter ending June 30, 2025. The dividend is payable on July 15, 2025 to common shareholders of record at the close of business on June 30, 2025. The dividend is an eligible dividend for Canadian income tax purposes. AGI’s current annualized cash dividend rate is $0.60 per share. Company Profile AGI is...
Jun 16, 2025 at 4:45 PM

Duff & Phelps Utility and Infrastructure Fund Inc. Announces Renewal of Share Repurchase Program and Monthly Distributions

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), announced today the renewal of its open market share repurchase program. Under the Fund’s current repurchase program the Fund is authorized to purchase, on a discretionary basis through June 30, 2025, up to 5% of its outstanding common shares on the open market at a discount to net asset...
Jun 16, 2025 at 4:45 PM

AIRO Announces Closing of Its Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

ALBUQUERQUE, N.M. & MONTREAL & STØVRING, Denmark & WASHINGTON--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (“AIRO”), a company specializing in advanced aerospace and defense technologies, today announced the closing of its initial public offering of 6,900,000 shares of its common stock, including the full exercise of the underwriters’ option to purchase 900,000 additional shares, at a public offering price of $10.00 per share. All shares of common stock are being offered by AIRO. The gross proce...
Jun 16, 2025 at 4:35 PM

Geospace Technologies Corporation Receives Permanent Reservoir Monitoring Contract From Petrobras

HOUSTON--(BUSINESS WIRE)--Geospace awarded Permanent Reservoir Monitoring contract from Petrobras, operator of the Mero field Consortium....
Jun 16, 2025 at 11:00 AM

QAD|Redzone Unveils Champions of Manufacturing, A Global Event for Industry Leaders and Visionaries

SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc., the company transforming manufacturing and supply chains with intelligent, adaptive cloud solutions, has opened registration for its flagship customer event, Champions of Manufacturing, taking place October 21-22 in Brussels and November 12-14 in Dallas, Texas. This isn’t just a conference—it’s a call to action. QAD will bring together the boldest manufacturers, sharpest technologists, and most forward-thinking leaders for two days that will red...
Jun 16, 2025 at 10:27 AM

Shenango Valley Shuttle Service Launches Mobile Fare Collection Platform, RideSVSS, on June 16

HERMITAGE, Pa.--(BUSINESS WIRE)--The Shenango Valley Shuttle Service, operated by the Mercer County Regional Council of Governments (COG), launches a new digital fare payment platform on June 16, designed to bring convenience and flexibility to riders across the Shenango Valley. The third generation fare collection system, developed in partnership with Modeshift, introduces contactless mobile payments and ticketing, allowing riders to pay and board with a tap of their smartphone. Riders can now...
Jun 16, 2025 at 9:56 AM

LeaseWorks Adds GOAL as Newest European Customer

STAMFORD, Conn.--(BUSINESS WIRE)--LeaseWorks®, a Portside company, announced that GOAL (German Operating Aircraft Leasing), a joint venture between KGAL GmbH & Co. KG and Lufthansa AG, as its newest European customer. GOAL will adopt LeaseWorks’ Aeris Asset™ and Aeris MATCH™ products to digitize the firm’s asset and customer management operations, while becoming LeaseWorks’ first beta customer for the Aeris CFX Forecasting tool. “In a highly competitive market, I am proud that LeaseWorks st...
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