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 30, 2025 at 6:00 PM
DoorDash Announces Closing of Upsized $2.75 Billion Offering of 0% Convertible Senior Notes
SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced the closing of its previously announced private offering of $2.75 billion aggregate principal amount of its 0% convertible senior notes due 2030 (the “notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities...
May 30, 2025 at 5:13 PM
EDS Service Solutions Named a 2025 Georgia Fast 40 Honoree by ACG Atlanta for Third Year in a Row
ATLANTA--(BUSINESS WIRE)--EDS Service Solutions, a national provider of labor outsourcing and workforce management services across the travel, hospitality, logistics, automotive and aviation industries, has been named a 2025 Georgia Fast 40 honoree by the Atlanta chapter of the Association for Corporate Growth. According to ACG Atlanta, the Georgia Fast 40 program recognizes the top 40 fastest growing middle market companies in the state. Honorees are selected following a thorough review of thr...
May 30, 2025 at 4:28 PM
Aviation Capital Group Announces Delivery of One A321neo to Wizz Air
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo to Wizz Air. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the fourth aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Wizz Air. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing service...
May 30, 2025 at 4:26 PM
Coke Florida Hosts Grand Opening for New Tampa Distribution Center
TAMPA, Fla.--(BUSINESS WIRE)--Coca-Cola Beverages Florida, LLC (Coke Florida) hosted the official grand opening of its new state-of-the-art Tampa Distribution Center and Fleet Facility yesterday, marking a major milestone of growth for the company in central Florida. The $300 million plus investment sits on the company’s 156-acre site, located at US 301 and the Selmon Expressway, and features a new 800,000 square foot, fully automated warehouse facility and a 250,000 square foot state-of-the-ar...
May 30, 2025 at 4:01 PM
Coca-Cola Beverages Florida Celebrates 10 Years of Growth, Innovation and Community Impact
TAMPA, Fla.--(BUSINESS WIRE)--Coca-Cola Beverages Florida, LLC (Coke Florida) proudly celebrated its 10-year anniversary on May 29, 2025. This milestone represents a decade of the company’s growth, innovation, and commitment to local Florida communities. Founded in 2015, Coke Florida began its sales and distribution operations in central Florida and acquired north and south Florida operations within 22 months. Today, the family-owned company operates in an exclusive territory that spans from Ja...
May 30, 2025 at 12:00 PM
Comstock Announces Retail Openings at BLVD Forty Four
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that Big Papi’s Tacos and The Lady Vintner have officially opened their newest locations at BLVD Forty Four, the luxury apartment building located at 42 Maryland Avenue in Rockville Town Center. Big Papi’s Tacos, known for its high-quality ingredients and bold flav...
May 30, 2025 at 12:00 PM
J.B. Hunt, BNSF and GMXT Launch Quantum de México for Service-Sensitive Freight Delivery
PUERTO VALLARTA, Mexico--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America; BNSF Railway (BNSF), North America’s largest intermodal railroad; and GMXT, the largest rail provider in Mexico announced the launch of a new intermodal offering for Mexico businesses with service-sensitive freight delivery. The new offering - Quantum de México, a J.B. Hunt, BNSF and GMXT service™ - will follow the successful service m...
May 30, 2025 at 10:13 AM
Porter Airlines Inaugurates Nonstop Montréal-Newark Service
TORONTO--(BUSINESS WIRE)--Porter Airlines is expanding its New York network with the inauguration of non-stop service between Montréal Trudeau International Airport (YUL) and Newark Liberty International Airport (EWR) on June Up to two daily roundtrip flights are operated on Porter’s 78-seat De Havilland Dash 8-400 aircraft, meaning no middle seats for all passengers. Daily flights will now operate year-round based on strong demand seen for the summer schedule. This is the third nonstop route t...
May 30, 2025 at 9:42 AM
Gulf Cooperation Council (GCC) Commercial Vehicle Markets Report 2024-2025 & 2028 - Saudi Arabia Dominates in Automotive Sales, Parts Imports, and Re-exports - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Commercial Vehicle (CV) Market, Gulf Cooperation Council, 2024-2028" report has been added to ResearchAndMarkets.com's offering. GCC nations are actively reducing their reliance on oil-driven economies, recognizing the need for diversification as populations grow and oil resources alone cannot sustain future development. From 2011 to 2021, fossil fuel dependency saw a decline, with the UAE leading the shift by reducing oil's share to less than 30% of its GDP by 202...
May 30, 2025 at 8:30 AM
Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date
BONITA SPRINGS, Fla. & BATON ROUGE, La.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) announced today the expiration of the tender offer to exchange each outstanding share of H&E common stock (the “H&E Shares”) for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the “Offer”, and such consideration, the “Offer Price”), pursuant to the te...
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