Transport

ARIZONA TEAMSTERS APPLAUD COMMITTEE PASSAGE OF LEGISLATION TO PROTECT TRANSIT WORKERS

Retrieved on: 
Friday, February 16, 2024

PHOENIX, Feb. 16, 2024 /PRNewswire/ -- Teamsters Local 104, which represents 1,400 transportation workers across all industries, is applauding the passage of Arizona House Bill 2742 out of the State House Judiciary Committee. The bill aims to protect transit, airline, and rail workers by significantly increasing the criminal penalty for assaulting them.

Key Points: 
  • PHOENIX, Feb. 16, 2024 /PRNewswire/ -- Teamsters Local 104, which represents 1,400 transportation workers across all industries, is applauding the passage of Arizona House Bill 2742 out of the State House Judiciary Committee.
  • The bill aims to protect transit, airline, and rail workers by significantly increasing the criminal penalty for assaulting them.
  • "This legislation directly confronts the critical issue of aggravated assault against transit, airline, and rail employees, underscoring the inherent dangers they encounter daily while serving the public.
  • Ahead of the bill's passage out of committee, members of Local 104 and other transit workers traveled to the Capitol to share their personal experiences of violence in their workplaces.

CPKC and TCRC labour negotiations update

Retrieved on: 
Friday, February 16, 2024

The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada.

Key Points: 
  • The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada.
  • Since September 2023, CPKC has been negotiating in good faith with the TCRC - T&E and TCRC - RCTC.
  • However, Federal Conciliation has been required in nine of the 10 collective bargaining rounds of negotiations between the TCRC - T&E and CPKC since 1993.
  • While the two TCRC collective agreements expired on December 31, 2023, they remain in effect under Canadian labour law until the parties reach new agreements.

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.

Corporación América Airports S.A. Reports January 2024 Passenger Traffic

Retrieved on: 
Friday, February 16, 2024

Total passenger traffic grew 2.0% compared to the same month of 2023, reaching 91.7% of January 2019 levels.

Key Points: 
  • Total passenger traffic grew 2.0% compared to the same month of 2023, reaching 91.7% of January 2019 levels.
  • International passenger traffic surpassed pre-pandemic levels by 0.3%, while domestic traffic stood at 90.0% of January 2019 levels.
  • International passenger traffic, which accounted for over 75% of the total traffic, was 4.4% higher than January 2019 levels, while domestic passenger traffic was 12.3% below pre-pandemic levels.
  • While international passenger traffic exceeded pre-pandemic levels by 6.3%, domestic traffic reached 90.1% of January 2019 levels, impacted by the exit of the local airline Equair.

Granite REIT Declares Distribution for February 2024

Retrieved on: 
Friday, February 16, 2024

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of February 2024.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of February 2024.
  • The distribution will be paid by Granite on Friday, March 15, 2024 to stapled unitholders of record at the close of trading on Thursday, February 29, 2024.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of February 29, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

Euroseas Ltd. Sets Date for the Release of Fourth Quarter 2023 Results, Conference Call and Webcast

Retrieved on: 
Friday, February 16, 2024

On the same day, Wednesday, February 21, 2024 at 9:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results.

Key Points: 
  • On the same day, Wednesday, February 21, 2024 at 9:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results.
  • Audio Webcast ‐ Slides Presentation:
    There will be a live and then archived webcast of the conference call and accompanying slides, available on the Company’s website.
  • Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
  • The slide presentation for the fourth quarter ended December 31, 2023, will also be available in PDF format minutes prior to the conference call and webcast, accessible on the company's website ( www.euroseas.gr ) on the webcast page.

Sleep Country Brings the Power of Sleep to Etobicoke with New Store Location

Retrieved on: 
Friday, February 16, 2024

ETOBICOKE, ON, Feb. 16, 2024 /CNW/ - Sleep Country Canada Holdings Inc. ("Sleep Country" or the "Company") (TSX: ZZZ), Canada's leading specialty sleep retailer, is pleased to announce its new store opening in Toronto's Etobicoke neighbourhood.

Key Points: 
  • ETOBICOKE, ON, Feb. 16, 2024 /CNW/ - Sleep Country Canada Holdings Inc. ("Sleep Country" or the "Company") (TSX: ZZZ), Canada's leading specialty sleep retailer, is pleased to announce its new store opening in Toronto's Etobicoke neighbourhood.
  • Strategically situated along major transportation routes, the new store will seamlessly connect more Canadians to the transformative benefits of quality sleep.
  • As leaders in sleep for nearly 30 years, Sleep Country's new location will provide Torontonians with access to a team of Sleep Experts and some of the world's leading sleep brands.
  • Sleep Country knows that getting a good night's sleep is critical to mental and physical wellbeing, and is committed to creating a world-class customer shopping experience.

Old Dominion Freight Line Declares Two-for-One Stock Split

Retrieved on: 
Friday, February 16, 2024

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has approved a two-for-one stock split of its common stock.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has approved a two-for-one stock split of its common stock.
  • The split will be effected by issuing one additional share of common stock for every share of common stock held.
  • Upon completion of the split, the Company will have approximately 217,600,000 shares outstanding.
  • 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.

Geotab Enhances Fleet Efficiency with Advanced Routing and Dispatching Solution

Retrieved on: 
Friday, February 16, 2024

New Solution to increase productivity, uptime and optimization launched at Geotab Connect

Key Points: 
  • New Solution to increase productivity, uptime and optimization launched at Geotab Connect
    LAS VEGAS, Feb. 16, 2024 /PRNewswire/ - Geotab Inc. ("Geotab"), the global leader in connected transportation solutions, announced the launch of its Routing and Optimization solution at Geotab Connect in Las Vegas.
  • Using Geotab's Routing and Optimization solution, fleet managers can isolate the most efficient route based on data insights, including customer needs, like requested arrival windows, traffic data and available fleet resources, helping businesses control costs and improve customer service.
  • The Routing and Optimization Solution addresses cost and efficiency challenges.
  • "Geotab's Routing and Optimization tool is redefining how fleet managers tackle their day-to-day operations to drive efficiency and ultimately increase customer satisfaction," said Sabina Martin, VP of Product Management at Geotab.

Doroni Aerospace Set to Unveil Revolutionary Advance in eVTOL ‘Flying Car’ Technology

Retrieved on: 
Friday, February 16, 2024

Scheduled for March 1st, this announcement is anticipated to be a watershed moment, heralding a new era in the evolution of transportation.

Key Points: 
  • Scheduled for March 1st, this announcement is anticipated to be a watershed moment, heralding a new era in the evolution of transportation.
  • With a storied history of pushing the boundaries of what's possible, Doroni Aerospace has long been at the forefront of the eVTOL (electric Vertical Takeoff and Landing) sector.
  • "This development is not merely an advancement in technology but a leap toward a more sustainable and accessible urban future."
  • Doroni Aerospace extends an open invitation to industry stakeholders, media representatives, and technology enthusiasts to join us as we unveil this groundbreaking development.