American Industrial Transport

ITE Management L.P. Affiliate Agrees to Acquire SMBC Rail Services

Retrieved on:

Tuesday, November 7, 2023

Rail, Professional Services, Transport, Finance, ITE, Acquisition, Maintenance, RS, American Industrial Transport, Sumitomo Mitsui Banking Corporation, SMBC, Risk management

Sumitomo Mitsui Financial Group (collectively, SMBC Group, President and Group CEO Jun Ohta) and ITE Management L.P. (ITE), an investment firm specializing in industrial transportation assets and infrastructure, announced today that an affiliate of ITE has agreed to acquire SMBC Rail Services LLC (SMBC RS) from SMBC Americas Holdings, Inc. (SMBCAH), a member of SMBC Group.

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Sumitomo Mitsui Financial Group (collectively, SMBC Group, President and Group CEO Jun Ohta) and ITE Management L.P. (ITE), an investment firm specializing in industrial transportation assets and infrastructure, announced today that an affiliate of ITE has agreed to acquire SMBC Rail Services LLC (SMBC RS) from SMBC Americas Holdings, Inc. (SMBCAH), a member of SMBC Group.
AITX is a railcar services solution provider and SMBC RS is a premier, full-service lessor of rolling stock, offering comprehensive rail leasing solutions in North America.
Over the past ten years, SMBC Group has transformed SMBC RS through ongoing fleet reinvestment, repositioning, organic growth, and acquisition.
With a decade of continuous investment by SMBC, SMBC RS has maintained its competitiveness in the railcar business.

Texas Capital Launches its First Exchange Traded Fund

Retrieved on:

Thursday, July 13, 2023

Gross domestic product, Texas Capital Bank, Capital Bank, University, Trust, NAICS, Investment Company Act of 1940, North American Industry Classification System, Lone Star, ETF, GDP, NYSE Arca, Trustee, Corporation, American Industrial Transport, Fund, Investment, Cryptocurrency, Index

DALLAS, July 13, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bank Private Wealth Advisors (a subsidiary of Texas Capital) and the Texas Capital Funds Trust today announced the launch of the Texas Capital Texas Equity Index ETF (NYSE Arca: TXS) (the “Fund”).

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DALLAS, July 13, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bank Private Wealth Advisors (a subsidiary of Texas Capital) and the Texas Capital Funds Trust today announced the launch of the Texas Capital Texas Equity Index ETF (NYSE Arca: TXS) (the “Fund”).
TXS will seek to track the performance of the Texas Capital Texas Equity Index (the “Index”), an index comprised exclusively of public companies headquartered in the state of Texas.
The Trust has retained Texas Capital Bank Wealth Management Services, Inc., doing business as Texas Capital Bank Private Wealth Advisors, as the adviser to the Fund.
“The new Texas Capital Texas Equity Index ETF offers investors an opportunity to gain exposure to one of the largest, most diverse and fastest growing economies in the world,” said Texas Capital President & CEO, Rob C. Holmes.

Logistics Insurance Market to be Worth $70.46 Billion by 2030: Grand View Research, Inc.

Retrieved on:

Tuesday, March 28, 2023

Insurance, Theft, Verisk Analytics, COVID-19, Airport, Risk management, Transport, USD, CargoNet, Risk, SAN, Growth, American Industrial Transport, Automation, Revenue, Software, Speciality chemicals

Additionally, Europe has a high concentration of multinational corporations that have extensive supply chains and require comprehensive insurance coverage, creating significant demand for logistics insurance.

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Additionally, Europe has a high concentration of multinational corporations that have extensive supply chains and require comprehensive insurance coverage, creating significant demand for logistics insurance.
Read 110 page market research report, " Logistics Insurance Market Size, Share & Trends Analysis Report By Coverage Type (Cargo Insurance, Marine Services Liability), By Industry (Transportation, Marine), By End User, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
Logistics insurance companies are adopting the latest technologies to improve their service offerings, increase operational efficiency, and enhance customer experience.
Grand View Research has segmented the global logistics insurance market based on coverage type, industry, end user, and region:
Logistics Insurance Market - Coverage Type Outlook (Revenue, USD Billion, 2017 - 2030)

Logistics Insurance Market to be Worth $70.46 Billion by 2030: Grand View Research, Inc.

Retrieved on:

Tuesday, March 28, 2023

Insurance, Theft, Verisk Analytics, COVID-19, Airport, Risk management, Transport, USD, CargoNet, Risk, SAN, Growth, American Industrial Transport, Automation, Revenue, Software, Speciality chemicals

Additionally, Europe has a high concentration of multinational corporations that have extensive supply chains and require comprehensive insurance coverage, creating significant demand for logistics insurance.

Key Points:

Additionally, Europe has a high concentration of multinational corporations that have extensive supply chains and require comprehensive insurance coverage, creating significant demand for logistics insurance.
Read 110 page market research report, " Logistics Insurance Market Size, Share & Trends Analysis Report By Coverage Type (Cargo Insurance, Marine Services Liability), By Industry (Transportation, Marine), By End User, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
Logistics insurance companies are adopting the latest technologies to improve their service offerings, increase operational efficiency, and enhance customer experience.
Grand View Research has segmented the global logistics insurance market based on coverage type, industry, end user, and region:
Logistics Insurance Market - Coverage Type Outlook (Revenue, USD Billion, 2017 - 2030)

Greenbrier mourns the passing of board member David L. Starling

Retrieved on:

Tuesday, February 28, 2023

Transport, GBX, Family, USN, NYSE, The Greenbrier Companies, Acquisition, American Industrial Transport, ARI, Railway Age, KCS, COVID-19, USMCA, Management, Starling

LAKE OSWEGO, Ore., Feb. 27, 2023 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) today remembers Board member David L. Starling, who passed away at the age of 73.

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LAKE OSWEGO, Ore., Feb. 27, 2023 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) today remembers Board member David L. Starling, who passed away at the age of 73.
Last month, Starling was reelected to a three-year term on Greenbrier's Board of Directors, with more than 98% of shareholder support.
As a Greenbrier board member, Starling helped guide the Company during its acquisition of the American Railcar Industries (ARI) manufacturing business, and later, would play a key role in advising Greenbrier's response to the impacts wrought by COVID-19.
He joined Greenbrier's Board after serving on the Board of Kansas City Southern (KCS) for nearly seven years.

Polyvinylidene Fluoride Market - Global Size, Share, Outlook, and Opportunity Analysis, 2022-2030 - ResearchAndMarkets.com

Retrieved on:

Thursday, January 26, 2023

Chemicals, Plastics, Manufacturing, Growth, PVDF, US, North American Industry Classification System, Urbanization, NAICS, American Industrial Transport, Application, Region, Marketing, Thermoplastic

The "Polyvinylidene Fluoride Market, By Application, By End-use Industry, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

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The "Polyvinylidene Fluoride Market, By Application, By End-use Industry, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
Increasing demand for PVDF in end-use industries such as chemical processing, oil and gas due to its properties such as high performance material and chemical resistance is driving growth of the global polyvinylidene fluoride market.
However, fluctuating prices of raw materials is expected to be one of the restraining factors affecting growth of the polyvinylidene fluoride market over the forecast period.
Asia Pacific is projected to be one of the major contributors to the polyvinylidene fluoride market.

International Paper Announces Changes to Executive Team

Retrieved on:

Wednesday, January 4, 2023

Information technology, IP, Magness, Health, Recycling, Retirement, International Paper, NYSE, Environment, American Industrial Transport, Engineering, Marketing, Containerboard, Management, Safety

MEMPHIS, Tenn., Jan. 4, 2023 /PRNewswire/ -- International Paper (NYSE: IP) announced changes to its senior leadership team today including the retirement of a long-serving executive and organizational shifts to enhance agility in serving customers and driving profitable growth.

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MEMPHIS, Tenn., Jan. 4, 2023 /PRNewswire/ -- International Paper (NYSE: IP) announced changes to its senior leadership team today including the retirement of a long-serving executive and organizational shifts to enhance agility in serving customers and driving profitable growth.
Greg led the North American Container business since 2016 and his contributions to the company are foundational to our growth plans," said Mark Sutton, chairman and chief executive officer.
The following leadership moves are effective immediately:
Tom Hamic has been named senior vice president, North American Container and chief commercial officer.
The International Paper Board of Directors has elected two new executives to Sutton's leadership team:
Aimee Gregg has been elected senior vice president, Supply Chain and Information Technology.

Tod Trabocco and Veronica Bateman Join Aksia’s Private Credit Team

Retrieved on:

Thursday, November 3, 2022

Finance, Consulting, Banking, Professional Services, Insurance, Research, ITE, BofA Securities, Bank, Senior, Tod, Credit Suisse, Natural Resources, Cambridge Associates, American Industrial Transport, Private credit, Veronica, Solution, Financial services

We are pleased to announce that experienced private credit professionals Tod Trabocco and Veronica Bateman have joined Aksia, further strengthening Aksias global Private Credit platform.

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We are pleased to announce that experienced private credit professionals Tod Trabocco and Veronica Bateman have joined Aksia, further strengthening Aksias global Private Credit platform.
Tod has joined the New York office as a Managing Director, Private Credit Strategist, reporting to Tim Nest (Head of Private Credit Research) and Patrick Adelsbach (Co-Head of Advisory Americas).
Tod will work with the investment research team, the portfolio advisory team and clients on investment sourcing and evaluation along with portfolio strategy.
Prior to ITE, he was head of Private Credit research and manager selection at Cambridge Associates where he chaired the credit investment committee and before that Tod had private credit roles at Kayne Anderson Capital Advisors, LBC Credit Partners, and was a credit analyst at Moodys.

AITX Strengthens Leadership - Texas Howard Appointed President

Retrieved on:

Friday, October 7, 2022

ST. LOUIS, Oct.7, 2022 /PRNewswire/ -- Building on its continued momentum, American Industrial Transport, Inc. ("AITX") bolsters its executive team as Texas Howard joins the Company as President, and Kurt Higginbotham is named CEO.

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ST. LOUIS, Oct.7, 2022 /PRNewswire/ -- Building on its continued momentum, American Industrial Transport, Inc. ("AITX") bolsters its executive team as Texas Howard joins the Company as President, and Kurt Higginbotham is named CEO.
Kurt will support Mr. Howard and focus on long-term strategic initiatives and remain a Board Member.
"We are excited to see business cohesion across our leadership, teams, and systems, resulting in culture of performance and integrity," Kurt Higginbotham, CEO of AITX.
"It's clear that AITX is cultivating something special with their dedicated and highly experienced team, strong culture and core values, innovative service offerings, and ability to deploy capital opportunistically," Texas Howard, President of AITX.

3DX Industries Provides Production Update

Retrieved on:

Tuesday, September 27, 2022

SEATTLE, WA, Sept. 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire 3DX Industries, Inc. (DDDX) (the Company or 3DX), a state of the art advanced manufacturer specializing in additive 3D Metal Printing and advanced subtractive manufacturing technologies, provides an update to shareholders on select projects.

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SEATTLE, WA, Sept. 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire 3DX Industries, Inc. (DDDX) (the Company or 3DX), a state of the art advanced manufacturer specializing in additive 3D Metal Printing and advanced subtractive manufacturing technologies, provides an update to shareholders on select projects.
3DX Industries manufactured an assembly consisting of 6061 aluminum (aircraft grade) for our client Phillips Medical.
3DX Industries continues providing solutions for the marine industry including the production of turnbuckles to be used on large vessels.
3DX Industries President and CEO, Roger Janssen, states, The purpose of this update is to provide our shareholders with a better understanding of our capabilities and the range of industries we are actively involved with.