Trucking

Ryder Declares Quarterly Cash Dividend

Retrieved on: 
Freitag, Mai 3, 2024
Trucking, Rail, Automotive, Logistics, Supply Chain Management, Transport, Fleet Management, Other Transport, Ryder, Holding company

The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, declared a regular quarterly cash dividend of $0.71 per share of common stock to be paid on June 21, 2024 to shareholders of record on May 20, 2024.

Key Points: 
  • The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, declared a regular quarterly cash dividend of $0.71 per share of common stock to be paid on June 21, 2024 to shareholders of record on May 20, 2024.
  • This is Ryder’s 191st consecutive quarterly cash dividend – marking more than 47 years of uninterrupted dividend payments.

FourKites, Bayer and Graphic Packaging International to Present at Gartner Supply Chain Symposium/Xpo 2024

Retrieved on: 
Freitag, Mai 3, 2024
Technology, Other Transport, Trucking, Rail, Maritime, Air, Transport, Apps, Applications, Other Technology, Logistics, Supply Chain Management, Software, Retail, Networks, Mobile, Wireless, Data Management, Online Retail, Supply, RTTV, Graphic Packaging, Intelligence, Bayer, Iványi, Organization

Leading real-time supply chain visibility provider FourKites today announced that it will join Bayer and Graphic Packaging International in two separate tracks at the upcoming Gartner Supply Chain Symposium/Xpo™ 2024 , where the world’s chief supply chain officers (CSCOs), experts and supply chain leaders meet to share insights and strategies that can drive tangible impact in their organizations.

Key Points: 
  • Leading real-time supply chain visibility provider FourKites today announced that it will join Bayer and Graphic Packaging International in two separate tracks at the upcoming Gartner Supply Chain Symposium/Xpo™ 2024 , where the world’s chief supply chain officers (CSCOs), experts and supply chain leaders meet to share insights and strategies that can drive tangible impact in their organizations.
  • “Supply chain leaders everywhere are under immense pressure to control costs, drive productivity and spur growth,” said Elenjickal.
  • “We’re energized to join Bayer, Graphic Packaging International and the world’s supply chain leaders at Gartner’s Supply Chain Symposium to talk about the technologies, strategies and collective actions that are helping supply chain leaders meet this moment.”
    FourKites pioneered the real-time transportation visibility (RTTV) category in 2014, and was the first company to extend real-time visibility across supply chains end-to-end — from yards to warehouses and beyond.
  • Attendees of the Gartner Supply Chain Symposium/Xpo 2024 — one of the most important supply chain gatherings globally — have access to more than 150 sessions designed to help supply chain leaders implement effective, mature and quality operations to create strategic differentiation.

Overseas Shipholding Group to Announce First Quarter 2024 Results on May 10, 2024

Retrieved on: 
Freitag, Mai 3, 2024
Oil, Gas, Energy, Other Transport, Trucking, Maritime, Logistics, Supply Chain Management, Air, Transport, Overseas Shipholding Group, Webcast, OSG

Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) announced today that it plans to release its first quarter results of fiscal year 2024 before the market opens on Friday, May 10, 2024.

Key Points: 
  • Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) announced today that it plans to release its first quarter results of fiscal year 2024 before the market opens on Friday, May 10, 2024.
  • The Company will host a conference call and webcast to discuss its first quarter of fiscal year 2024 results at 9:30 a.m.
  • ET on Friday, May 10, 2024.
  • A replay of the webcast will also be available on the website after the completion of the call.

Atmus Filtration Technologies Reports First Quarter 2024 Results

Retrieved on: 
Freitag, Mai 3, 2024
Other Manufacturing, Automotive, HVAC, Trucking, Automotive Manufacturing, General Automotive, Transport, Manufacturing, Public expenditure, IPO, Filtration, Growth, Security (finance)

Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its first quarter that ended March 31, 2024.

Key Points: 
  • Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its first quarter that ended March 31, 2024.
  • The divestiture of Atmus shares by Cummins was completed on March 18, 2024 and resulted in the full separation of Atmus and divestiture of Cummins’ entire ownership and voting interest in Atmus.
  • “I am proud of our Atmus team who delivered another quarter of solid results as we begin 2024.” said Steph Disher, Chief Executive Officer of Atmus.
  • Atmus will host a conference call and webcast to discuss the company's first quarter 2024 results on Friday, May 3, 2024, at 10:00 a.m. CT.

The BMWED Teamsters Reiterates Support for Jim Barber at Norfolk Southern

Retrieved on: 
Donnerstag, Mai 2, 2024
Professional Services, Trucking, Transport, Logistics, Supply Chain Management, Finance, Other Transport, Trade, Brotherhood, Safety, NSC

The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED Teamsters” or “BMWED-IBT”) today reiterated its support for Ancora Holdings Group, LLC’s (“Ancora”) efforts to elect seven director candidates and install Jim Barber at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”).

Key Points: 
  • The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED Teamsters” or “BMWED-IBT”) today reiterated its support for Ancora Holdings Group, LLC’s (“Ancora”) efforts to elect seven director candidates and install Jim Barber at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”).
  • Based on our discussions with Ancora director candidate and proposed CEO Jim Barber, the BMWED Teamsters is confident that his leadership would drive necessary changes and improvements to ensure our Norfolk Southern members are protected and succeed on the job.
  • Additionally, we are very confident that our members’ concerns will be appropriately and effectively addressed if Jim is helping turn around Norfolk Southern.
  • Regrettably, under current CEO Alan Shaw’s leadership, Norfolk Southern’s failure to adequately address significant safety and operations concerns raised by BMWED and others has seriously undermined the railroad.

Herc Holdings to Participate in Bank of America Transportation Airlines & Industrials Conference 2024

Retrieved on: 
Donnerstag, Mai 2, 2024
Machinery, Other Retail, Other Construction & Property, Automotive, Construction & Property, Other Transport, Retail, Trucking, Air, Transport, Other Automotive, Manufacturing, Webcast, Bank, Conference, HRI

Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Bank of America Transportation Airlines & Industrials Conference 2024 in New York City on May 14, 2024.

Key Points: 
  • Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Bank of America Transportation Airlines & Industrials Conference 2024 in New York City on May 14, 2024.
  • A fireside chat discussion and simultaneous webcast will take place on Tuesday, May 14, 2024, at 9:30 AM
    The link for the fireside chat is:

U.K.-Based Footwear Brand FitFlop Selects Ryder as U.S. Supply Chain and Logistics Provider

Retrieved on: 
Donnerstag, Mai 2, 2024
Supply Chain Management, Online Retail, Fleet Management, Electronic Commerce, Technology, Automotive, Fashion, Retail, Trucking, Transport, Footwear, Logistics, System, Multimedia, Free-trade zone, Ryder, Growth, Warehouse

Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, is the new e-commerce, omnichannel fulfillment, and reverse logistics provider for U.K.-based footwear brand FitFlop .

Key Points: 
  • Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, is the new e-commerce, omnichannel fulfillment, and reverse logistics provider for U.K.-based footwear brand FitFlop .
  • With expansion plans throughout the U.S. and Canada, FitFlop selected Ryder for its expertise in providing tech-forward, scalable supply chain solutions for high-growth fashion and apparel brands.
  • View the full release here: https://www.businesswire.com/news/home/20240502543943/en/
    U.K.-based footwear brand FitFlop's new U.S. logistics operations are strategically located within Ryder’s newly built 700,000-square-foot multiclient warehouse facility in Columbus, Ohio.
  • Ryder now provides e-commerce and omnichannel fulfillment as well as reverse logistics for the high-growth brand.

RXO Announces First-Quarter Results, Including Double-Digit Brokerage Volume Growth for Fourth-Consecutive Quarter

Retrieved on: 
Donnerstag, Mai 2, 2024
Trucking, Transport, Logistics, Supply Chain Management, Webcast, ID, GAAP, Growth

Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to deliver exceptional brokerage volume growth and strong margin performance in the first quarter of 2024, despite persistent softness in the freight market.

Key Points: 
  • Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to deliver exceptional brokerage volume growth and strong margin performance in the first quarter of 2024, despite persistent softness in the freight market.
  • Our brokerage business achieved double-digit volume growth for the fourth-consecutive quarter, with gross margin of 14.2%.
  • “In the first quarter, gross margin increased every month, and we enter the second quarter with improved momentum.
  • RXO’s brokerage business grew volume 11% year-over-year in the first quarter, including full truckload volume growth of 8% and less-than-truckload volume growth of 29%.

Travelers Opens Technology Office in Atlanta

Retrieved on: 
Mittwoch, Mai 1, 2024
Technology, Trucking, Insurance, Automotive, General Automotive, Transport, Professional Services, Transportation, Consumer Electronics, Travel, The Travelers Companies, Coda, The Economist, University, Intelligence, Data science, Engineering, Culture, CIO, Traveler, Georgia Tech, TRV, Retail

The Travelers Companies, Inc. (NYSE: TRV ) today announced the opening of an office in Midtown Atlanta’s Technology Square.

Key Points: 
  • The Travelers Companies, Inc. (NYSE: TRV ) today announced the opening of an office in Midtown Atlanta’s Technology Square.
  • The location will support the company’s expanding technology organization, with roles in engineering, artificial intelligence and data science, among others.
  • “Home to some of the most prestigious engineering colleges and universities, Atlanta was a natural choice for our new office,” said Mojgan Lefebvre, Executive Vice President and Chief Technology & Operations Officer at Travelers.
  • The new office, called Travelers Tech – Atlanta, will be located within the Coda building, a 645,000-square-foot facility that includes both Georgia Tech researchers and labs, as well as private corporate offices and coworking space.

RXO Announces Participation at Oppenheimer 19th Annual Industrial Growth Conference

Retrieved on: 
Mittwoch, Mai 1, 2024
Other Transport, Technology, Trucking, Vehicle Technology, Automotive, Transport, Other Automotive, Software, Data Management, Logistics, Supply Chain Management, EDT, Conference

RXO (NYSE: RXO) today announced that Jamie Harris, chief financial officer, and Kevin Sterling, senior market strategist, will participate in the virtual Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, from 9 a.m. until 9:35 a.m. EDT.

Key Points: 

RXO (NYSE: RXO) today announced that Jamie Harris, chief financial officer, and Kevin Sterling, senior market strategist, will participate in the virtual Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, from 9 a.m. until 9:35 a.m. EDT.