Logistics

Rocket Lab Announces Extension of Redemption Date for its Public Warrants

Retrieved on: 
Thursday, January 20, 2022 - 10:00pm

Rocket Lab USA, Inc. (Nasdaq: RKLB ) (Rocket Lab or the Company), a global leader in launch services and space systems, today announced that it is extending the redemption date of its public warrants (the Public Warrants) until 5:00 p.m. New York City time on January 31, 2022 (the New Redemption Date) to allow holders of Public Warrants additional time to exercise their Public Warrants.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB ) (Rocket Lab or the Company), a global leader in launch services and space systems, today announced that it is extending the redemption date of its public warrants (the Public Warrants) until 5:00 p.m. New York City time on January 31, 2022 (the New Redemption Date) to allow holders of Public Warrants additional time to exercise their Public Warrants.
  • The Company previously announced on December 22, 2021 that it would redeem (the Redemption) all of its Public Warrants and private placement warrants (the Private Placement Warrants and, together with the Public Warrants, the Warrants) that remained outstanding at 5:00 p.m. New York City time on January 21, 2022 (the Initial Redemption Date), for a redemption price of $0.10 per Warrant (the Redemption Price).
  • On January 7, 2022, the Company announced the Redemption Fair Market Value in connection with the Redemption, which reiterated the Initial Redemption Date.
  • If you hold Public Warrants through a broker, you must contact your broker if you wish to exercise Public Warrants prior to the New Redemption Date.

Valero Energy Corporation Declares Regular Cash Dividend on Common Stock

Retrieved on: 
Thursday, January 20, 2022 - 9:10pm

The Board of Directors of Valero Energy Corporation (NYSE: VLO, Valero) has declared a regular quarterly cash dividend on common stock of $0.98 per share.

Key Points: 
  • The Board of Directors of Valero Energy Corporation (NYSE: VLO, Valero) has declared a regular quarterly cash dividend on common stock of $0.98 per share.
  • The dividend is payable on March 3, 2022 to holders of record at the close of business on February 3, 2022.
  • Valero Energy Corporation, through its subsidiaries (collectively, Valero), is an international manufacturer and marketer of transportation fuels and petrochemical products.
  • Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America.

ATA Selects Old Dominion Freight Line Driver as America’s Road Team Captain

Retrieved on: 
Thursday, January 20, 2022 - 8:27pm

Glen Kirk, an Indiana-based linehaul driver for Old Dominion Freight Line, Inc., has been named one of American Trucking Associations (ATA) 2022-2023 Road Team Captains.

Key Points: 
  • Glen Kirk, an Indiana-based linehaul driver for Old Dominion Freight Line, Inc., has been named one of American Trucking Associations (ATA) 2022-2023 Road Team Captains.
  • We are extremely proud of Glen and we know that he will be a great representative for our industry and Old Dominion Freight Line during his time as a Road Team Captain.
  • Kirk follows in the footsteps of Old Dominion linehaul driver Rhonda Hartman, who served on the 2017-2018 Americas Road Team, and Bill Goins, who served as a Road Team Captain in 2019-2020.
  • On Twitter: @ODFL_Inc and Facebook: Old Dominion Freight Line Inc.
    About Old Dominion Freight Line, Inc.
    Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (LTL) motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Houston Ship Channel – A Big Winner to Help Strengthen Nation’s Supply Chain

Retrieved on: 
Thursday, January 20, 2022 - 8:13pm

The Houston Ship Channel's Project 11, the deepening and widening channel improvement program, was allocated $142,515,000.

Key Points: 
  • The Houston Ship Channel's Project 11, the deepening and widening channel improvement program, was allocated $142,515,000.
  • This federal funding is essential to keep Project 11 on track and bring to fruition a safer, faster, and cleaner ship channel for all users, said Port Houston Executive Director Roger Guenter.
  • This investment and continued partnership with the USACE will enable our ship channel to keep leading the way in supply chain efficiencies and meet the demands of new markets and supply chains.
  • According to the Army Corps press release, key port projects were selected to strengthen the nations supply chain and provide significant new economic opportunities nationwide.

Amazon.com to Webcast Fourth Quarter 2021 Financial Results Conference Call

Retrieved on: 
Thursday, January 20, 2022 - 9:01pm

Amazon.com, Inc. (NASDAQ: AMZN) announced today that it will hold a conference call to discuss its fourth quarter 2021 financial results on Thursday, February 3, 2022, at 2:30 p.m. PT/5:30 p.m.

Key Points: 
  • Amazon.com, Inc. (NASDAQ: AMZN) announced today that it will hold a conference call to discuss its fourth quarter 2021 financial results on Thursday, February 3, 2022, at 2:30 p.m. PT/5:30 p.m.
  • ET.
  • The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20220120005863/en/

Logiwa Continues to Expand Leadership Team to Support Significant Growth

Retrieved on: 
Thursday, January 20, 2022 - 7:11pm

Logiwa , the leading cloud fulfillment platform for high-volume direct-to-consumer businesses, today announced the addition of a VP of Finance to its leadership team as company growth continues to accelerate.

Key Points: 
  • Logiwa , the leading cloud fulfillment platform for high-volume direct-to-consumer businesses, today announced the addition of a VP of Finance to its leadership team as company growth continues to accelerate.
  • In the past he has held leadership roles at multiple rapidly growing tech companies including Peapod, one of the pioneering companies in U.S. ecommerce.
  • Our team at Logiwa continues to grow along with demand for our WMS Cloud Fulfillment Platform as more companies make the rapid shift to online ordering and fulfillment, said Erhan Musaoglu, Logiwa CEO.
  • Were thrilled to have Tom onboard to provide the financial leadership we need as we continue to expand our footprint in the WMS market.

J.B. Hunt Transport Services, Inc. Announces Payment of Dividend

Retrieved on: 
Thursday, January 20, 2022 - 6:51pm

J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America.

Key Points: 
  • J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America.
  • J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more.
  • J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average.
  • J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT.

Cushman & Wakefield Arranges $224M Construction Loan for Industrial Park in Arizona

Retrieved on: 
Thursday, January 20, 2022 - 6:00pm

A Cushman & Wakefield Capital Markets team of John Alascio, Dave Karson, Chris Moyer, Will Strong, Kirk Kuller, TJ Sullivan, Chuck Kohaut and Zachary Smolev represented the borrower.

Key Points: 
  • A Cushman & Wakefield Capital Markets team of John Alascio, Dave Karson, Chris Moyer, Will Strong, Kirk Kuller, TJ Sullivan, Chuck Kohaut and Zachary Smolev represented the borrower.
  • According to Cushman & Wakefield research , Q4 2021 was another record-breaking quarter for the U.S. industrial market, with demand, rents and the construction pipeline continuing to reach new heights.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries.

GA Telesis MRO Services Group Expands Capability Scope of its Field Support 24/7/365 Turbo Team™

Retrieved on: 
Thursday, January 20, 2022 - 4:04pm

GA Telesis, LLC (GAT) , the pioneering leader in integrated aviation services, announces its MRO Services Group has expanded the scope of its on-site field support Turbo Team.

Key Points: 
  • GA Telesis, LLC (GAT) , the pioneering leader in integrated aviation services, announces its MRO Services Group has expanded the scope of its on-site field support Turbo Team.
  • The MRO Services Group considers itself an extension of the airline's maintenance functions; Turbo Teams are quickly dispatched to support grounded aircraft (AOG) in urgent need of on-site maintenance.
  • The team's support encompasses rapid response for maintenance, mirroring the MRO Services suite of capabilities.
  • "Once again, our team rose to the challenge and provided immediate support to our airline customers," said Pastor Lopez, President of MRO Services .

DTG Launches RFID PowerStation to Mobilize Advanced Data Collection Technologies at the Point of Task

Retrieved on: 
Thursday, January 20, 2022 - 2:20pm

Through our collaboration with Zebra, a leader in RFID and other technologies, we developed a mobile workstation that can automate the identifying and tracking of data in warehouses, fulfillment centers and other locations.

Key Points: 
  • Through our collaboration with Zebra, a leader in RFID and other technologies, we developed a mobile workstation that can automate the identifying and tracking of data in warehouses, fulfillment centers and other locations.
  • The PowerStation includes the industrys most advanced battery management system based on lithium-ion-phosphate batteries which are safe in all industries.
  • DTG is a member of the Zebra Technologies PartnerConnect program, focused on integrations with Zebra Technologies mobile printing, RFID, advanced data capture and label printing solutions.
  • The company brings workforce automation and unrivaled battery system power to the point of task.