Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, has officially opened the Rice Distribution Center, a cutting-edge logistics hub in Hanover, Pennsylvania. The center is named after Michael W. Rice, the grandson of Utz founders…
Viking(NYSE: VIK) has announced the delivery of its newest ocean ship, the Viking Vela®. The ceremony took place this morning at Fincantieri’s shipyard in Ancona, Italy, marking a significant milestone for the company. The Viking Vela, like all of Viking’s…
SEACOR Marine Holdings Inc. (NYSE: SMHI), a prominent provider of marine and support transportation services to offshore energy facilities globally, has announced several key initiatives. The company has secured a new senior secured term loan of up to $391.0 million…
Radiant Logistics, Inc. (NYSE American: RLGT), a leader in technology-driven global transportation and logistics solutions, has announced its acquisition of the assets and operations of TCB Transportation Associates, LLC, operating as TCB Transportation. Based in St. Louis, Missouri, TCB is…
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) has released key operating metrics for its less-than-truckload (LTL) business for November 2024. Revenue per day declined by 8.2% compared to November 2023, driven by an 8.0% decrease in LTL tons per day…
Orient Overseas Container Line Ltd. (OOCL) proudly announced the naming of its first brand-new 16,828 TEU container vessel, the OOCL Bauhinia, at a ceremony held at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. This milestone marks the…
The JAL Group has unveiled its latest initiative, ʻOLUʻOLU! Honolulu!, aimed at fostering “relationships and connections through travel” between Hawaiʻi and Japan. This project reimagines traditional travel by promoting comfort, sustainability, and cultural appreciation, highlighting the Hawaiian concept of ʻoluʻolu—a…
Genesee & Wyoming Inc. (G&W) has officially launched its first railroad in western Canada, marking a significant milestone with the establishment of Red Deer Railway Limited (RDR). This new venture, which operates between Jackson, Alberta, and Homeglen, Alberta, will leverage…
Hafnia Limited (“Hafnia” or the “Company,” OSE ticker: “HAFNI,” NYSE ticker: “HAFN”) refers to its November 27, 2024, announcement regarding the financial report for Q3 2024 and the Board’s decision to authorize a share buyback program of up to USD…
Key Highlights Financial Performance BW LPG reported Q3 2024 NPAT of $120 million, delivering a 30% annualized return on equity. Earnings per share stood at $0.79, with a net leverage ratio of 21% and available liquidity of $750 million at…
The 28th World Investment Conference (WIC28), organized by Invest Saudi and the World Association of Investment Promotion Agencies (WAIPA), concluded in Riyadh with a strong emphasis on international collaboration, innovation, and sustainability. Held under the patronage of His Royal Highness…
On Friday, November 22, Ric Campo, Chairman of the Port Commission of the Port of Houston Authority, delivered the annual State of the Port address to the Greater Houston Partnership. Reflecting on the Houston Ship Channel’s 110th anniversary as a…