Transportation

OWL Services Supports Installation of First NEVI-funded EV Charging Station in Kentucky

Retrieved on: 
Tuesday, February 20, 2024

OWL Services , the premier sales, installation, program management, compliance and service partner to industrial, commercial fleet, convenience fueling & retail and electrical vehicle charging customers, is announcing the groundbreaking, alongside it’s various partners, of the first EV fast-charging site in Richmond, Kentucky.

Key Points: 
  • OWL Services , the premier sales, installation, program management, compliance and service partner to industrial, commercial fleet, convenience fueling & retail and electrical vehicle charging customers, is announcing the groundbreaking, alongside it’s various partners, of the first EV fast-charging site in Richmond, Kentucky.
  • This project was funded by the National Electric Vehicle Infrastructure (NEVI) program— a national program allocating $7.5 billion in grants to support the development of EV charging projects.
  • OWL Services, which has a national footprint and decades of experience in fueling equipment installation, leveraged its team of professionals to execute an electric mobility plan to support this project in Richmond.
  • OWL Services is the leading provider of Design, Engineering, Construction, and Service Solutions nationwide.

LCI Industries Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, February 20, 2024

LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert"), supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation markets, and the related aftermarkets of those industries, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.05 per share of common stock.

Key Points: 
  • LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert"), supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation markets, and the related aftermarkets of those industries, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.05 per share of common stock.
  • The dividend is payable on March 22, 2024, to stockholders of record at the close of business on March 8, 2024.

Universal Hydrogen Completes First Full Demonstration of AmpCart H2

Retrieved on: 
Wednesday, February 21, 2024

Universal Hydrogen Co. , a hydrogen fuel services provider that uses unique modular hydrogen delivery technology, today announced the first operational demonstration of the AmpCart H2 product developed in collaboration with Oshkosh AeroTech (formerly JBT AeroTech).

Key Points: 
  • Universal Hydrogen Co. , a hydrogen fuel services provider that uses unique modular hydrogen delivery technology, today announced the first operational demonstration of the AmpCart H2 product developed in collaboration with Oshkosh AeroTech (formerly JBT AeroTech).
  • On track for operational deployment by the end of 2024, the Universal Hydrogen demonstration unit of the future Oshkosh AeroTech’s AmpCart H2 marks a significant step in decarbonizing airport ground operations.
  • View the full release here: https://www.businesswire.com/news/home/20240220463846/en/
    Universal Hydrogen completes first full demonstration of AmpCart™ H2.
  • Hawthorne is the fifth airport at which Universal Hydrogen has successfully utilized hydrogen on airport grounds, paving the path to hydrogen acceptance as an aviation fuel.

JetBlue to Webcast Chat at Citi Conference

Retrieved on: 
Tuesday, February 20, 2024

JetBlue Airways Corporation (Nasdaq: JBLU) will participate in a fireside chat at the Citi Industrial Tech and Mobility Conference on February 22nd at approximately 1:00 p.m.

Key Points: 
  • JetBlue Airways Corporation (Nasdaq: JBLU) will participate in a fireside chat at the Citi Industrial Tech and Mobility Conference on February 22nd at approximately 1:00 p.m.
  • ET.
  • A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:

American Express Global Business Travel to Report Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024

Retrieved on: 
Tuesday, February 20, 2024

American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), a leading B2B software and services company for travel and expense, today announced that it will report fourth quarter and full-year 2023 financial results on March 5, 2024, before the market opens followed by a live audio webcast at 9:00 a.m.

Key Points: 
  • American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), a leading B2B software and services company for travel and expense, today announced that it will report fourth quarter and full-year 2023 financial results on March 5, 2024, before the market opens followed by a live audio webcast at 9:00 a.m.
  • Paul Abbott, Chief Executive Officer, and Karen Williams, Chief Financial Officer, will discuss Amex GBT’s financial performance and business outlook.
  • The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Amex GBT’s website at investors.amexglobalbusinesstravel.com .
  • A replay of the webcast will be available on the website for at least 90 days following the event.

United Kingdom Loyalty Programs Market Report 2024: Regulators have Launched an Investigation to Review Loyalty Scheme Prices Offered by Supermarkets - ResearchAndMarkets.com

Retrieved on: 
Monday, February 19, 2024

The UK loyalty market is forecast to grow by 10.2% on an annual basis to reach US$9.02 billion in 2024.

Key Points: 
  • The UK loyalty market is forecast to grow by 10.2% on an annual basis to reach US$9.02 billion in 2024.
  • The adoption of loyalty and reward programs has increased in the United Kingdom over the last few years.
  • With the rising demand, new firms and retailers are also planning to launch loyalty and reward programs in the United Kingdom.
  • This report provides in-depth, data-centric analysis of loyalty programs in United Kingdom.

Ryde Group Ltd Announces Pricing of Initial Public Offering

Retrieved on: 
Wednesday, March 6, 2024

Ryde Group Ltd (“Ryde” or the “Company”), a technology company with a leading platform for mobility and quick commerce in Singapore, announced today the pricing of its initial public offering (the “Offering”) of 3,000,000 Class A ordinary shares at a price of US$4.00 per share to the public, for a total of US$12,000,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses.

Key Points: 
  • Ryde Group Ltd (“Ryde” or the “Company”), a technology company with a leading platform for mobility and quick commerce in Singapore, announced today the pricing of its initial public offering (the “Offering”) of 3,000,000 Class A ordinary shares at a price of US$4.00 per share to the public, for a total of US$12,000,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses.
  • The Class A ordinary shares are expected to begin trading on the NYSE American on March 6, 2024, under the symbol "RYDE".
  • The Offering is expected to close on March 8, 2024, subject to the satisfaction of customary closing conditions.
  • Maxim Group LLC is acting as the sole book-running manager of the Offering.

Cessna Grand Caravan EX Amphibian extends reach in Southeast Asia with delivery in Malaysia

Retrieved on: 
Sunday, February 18, 2024

Textron Aviation today announced the delivery of a new Cessna Grand Caravan EX Amphibian turboprop to Malaysian property developer, Ikhasas Sdn Bhd, via its subsidiary company Oriental Sky Sdn Bhd.

Key Points: 
  • Textron Aviation today announced the delivery of a new Cessna Grand Caravan EX Amphibian turboprop to Malaysian property developer, Ikhasas Sdn Bhd, via its subsidiary company Oriental Sky Sdn Bhd.
  • This will be the country’s first amphibious airplane operation in recent history after it gained necessary approvals from the Civil Aviation Authority of Malaysia to launch domestic operations in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240216837400/en/
    Oriental Sky’s Grand Caravan EX Amphibian (Photo: Business Wire)
    The Cessna Grand Caravan EX Amphibian is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • At the same time, we preserve the islands’ pristine environment and natural forests which would otherwise be felled for airport construction.”
    “We are honored for Grand Caravan EX Amphibian to be selected.

Textron Aviation’s Cessna Skycourier Chosen by Hinterland Aviation for Fleet Expansion, Revolutionizing Regional Connectivity in Australia

Retrieved on: 
Monday, February 19, 2024

Textron Aviation today announced a purchase agreement for the first Cessna SkyCourier passenger variant in Australia to regional airline Hinterland Aviation.

Key Points: 
  • Textron Aviation today announced a purchase agreement for the first Cessna SkyCourier passenger variant in Australia to regional airline Hinterland Aviation.
  • The aircraft, expected to deliver in 2026, will add to Hinterland’s expansive fleet of Cessna Grand Caravans to provide a greater payload capacity and increased passenger seating.
  • This fleet expansion will greatly benefit remote communities, as well as the tourism and business sectors in Queensland.
  • View the full release here: https://www.businesswire.com/news/home/20240216111142/en/
    The Cessna SkyCourier is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.

JetBlue Announces Two New Independent Directors

Retrieved on: 
Friday, February 16, 2024

JetBlue (NASDAQ: JBLU) today announced that it has entered into an agreement with Icahn Enterprises L.P., a major shareholder of JetBlue, under which Jesse Lynn, general counsel of Icahn Enterprises, and Steven Miller, portfolio manager of Icahn Capital, will join the airline’s board of directors.

Key Points: 
  • JetBlue (NASDAQ: JBLU) today announced that it has entered into an agreement with Icahn Enterprises L.P., a major shareholder of JetBlue, under which Jesse Lynn, general counsel of Icahn Enterprises, and Steven Miller, portfolio manager of Icahn Capital, will join the airline’s board of directors.
  • Peter Boneparth, chair of the JetBlue board, said, “We are pleased to have reached this agreement with Icahn Enterprises.
  • We very much look forward to working with them in the future.”
    With the additions of Mr. Lynn and Mr. Miller following the annual meeting, the JetBlue board will expand to 13 directors, 12 of whom are expected to be independent.
  • Since 2018, JetBlue has refreshed more than half the board and added eight new independent directors, including the appointments announced today.