Transportation News Releases

  • Today December 2
April 07, 2022 13:40
Chevron Joins Global Centre for Maritime Decarbonisation
Chevron (NYSE: CVX) announced an agreement to join the Global Centre for Maritime Decarbonisation (GCMD). Chevron’s involvement aims to help support GCMD’s efforts to develop potentially scalable lowe
April 06, 2022 14:40
Lineage Logistics Next-Generation Automated Cold Storage Facility to Provide Global Food Chain Hub for JBS USA
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the construction o
April 04, 2022 14:05
AIT Worldwide Logistics’ Global Office Network Expands to India
Global freight forwarder AIT Worldwide Logistics is proud to announce the opening of its newest location in the gateway city of Mumbai, India. Staffed by an initial team of 11 experienced logistics pr
Global Port Operator ICTSI Entrusts Rimini Street to Deliver Reliability, Stability, and Efficiency to its Global ERP System and Enable Business Growth
March 31, 2022 10:20
Global Port Operator ICTSI Entrusts Rimini Street to Deliver Reliability, Stability, and Efficiency to its Global ERP System and Enable Business Growth
Rimini Street, Inc. (NASDAQ: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce part
March 29, 2022 20:00
TransPod Launches Next Stage of Development of Ultra-High-Speed Tube Transportation in Alberta, Canada with $550M USD Finance
TransPod, the startup building the TransPod Line - a new ultra-high-speed transportation system, to disrupt and redefine commercial transportation - today announced the next phase of the multibillion-
March 29, 2022 16:35
Raj Subramaniam to Become President and CEO of FedEx Corporation; Frederick W. Smith to Serve as Executive Chairman
FedEx Corp. (NYSE: FDX) announced today that, effective June 1, 2022, Frederick W. Smith, Chairman and Chief Executive Officer, will become Executive Chairman, and Raj Subramaniam, President and Chief
March 28, 2022 14:20
CellPoint Digital Appointed by Virgin Atlantic and Holidays as Payment Partner
CellPoint Digital, a leading global provider of Digital Commerce and Payment Orchestration solutions, today announces a new partnership with Virgin Atlantic and Virgin Holidays. The airline and hol
March 23, 2022 11:00
HAI ROBOTICS to Debut Cutting-edge ACR Systems in U.S. at MODEX 2022
HAI ROBOTICS, the pioneer in Autonomous Case-handling Robot (ACR) systems for warehouse logistics, will present its highly flexible totes-to-person warehouse automation solution at this year’s MODEX 2
March 16, 2022 14:00
Velodyne Lidar Wins 2022 SXSW Innovation Award
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution won the 2022 SXSW Innovation Awards by the South by Southwest® (SXSW®) Conference and Festivals. Velo
March 11, 2022 14:10
Rüsselsheim am Main Selects Velodyne Lidar’s Intelligent Infrastructure Solution to Monitor Municipal Truck Traffic and Improve Urban Air Quality
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that the city of Rüsselsheim am Main, Germany, has selected Velodyne to deliver an Intelligent Infrastructure Solution to create a city-wide
March 11, 2022 13:30
FedEx Express President and CEO Donald F. Colleran to Retire December 31, 2022
FedEx Corp. (NYSE: FDX) announced today that Donald F. Colleran, president and CEO, FedEx Express, will retire effective Dec. 31, 2022, after a distinguished nearly 40-year career at FedEx. Richard W.
Jetcraft Commercial Acquires Fourteen Bombardier CRJ1000 Aircraft from HOP!
March 08, 2022 11:50
Jetcraft Commercial Acquires Fourteen Bombardier CRJ1000 Aircraft from HOP!
Jetcraft Commercial Limited, the commercial aircraft division of global aircraft trading firm Jetcraft, has acquired 14 Bombardier CRJ1000 airliners from HOP!, the regional arm of Air France. Jetcr
March 04, 2022 09:09
Expansion Strategies Set to Generate USD 279 Bn Revenues to the Drone Industry, Owing to the Extensive Applications Originate from Military Operations: Latest Report Fact.MR
According to the Fact.MR Latest Analysis, The Drone Market is Expected to reach US$ 30 Bn by the end of 2022, anticipated to experience an impressive 25% CAGR from 2022-2032 to reach US$ 279 Bn by the
March 03, 2022 11:00
Fibre Based Integrations and Cepton Undertake Smart City Projects to Address Traffic Challenges in Cape Town
Silicon Valley-based smart lidar solution provider Cepton, Inc. (Nasdaq: CPTN) (“Cepton”) and Fibre Based Integrations, an established fiber optics systems house, are working together to develop lidar
February 24, 2022 16:42
FarEye Introduces New Sustainability Capabilities to Minimize CO2 Emissions Across Delivery and Fulfillment of Orders
FarEye, a global SaaS platform provider transforming last-mile logistics, today announced several new capabilities for more environmentally sustainable delivery operations, route optimization, and con
February 11, 2022 13:21
TXAI, the UAE’s First Autonomous Taxi Operation Completes Successful Phase 1 Trial
Bayanat, a G42 company, and the leader in geospatial intelligence, data analytics and AI, has announced the successful completion of phase 1 trials of its first autonomous taxi service called TXAI. As
February 10, 2022 13:25
Cirium Partners With Aireon to Build the Most Complete End-to-End View of Flights, Anywhere in the World
Cirium, the aviation analytics company, today announces a new long-term agreement with Aireon, the leader in space-based aircraft tracking, to integrate Aireon’s complete, global, real-time flight dat
January 25, 2022 11:26
PABLO AIR Signes MOU with NUAIR to Develop Commercial Drone Solutions in the US
PABLO AIR, South Korea-based drone service provider, has signed a memorandum of understanding (MOU) with Northeast UAS Airspace Integration Research (NUAIR) to develop regulatory compliant commercial
January 21, 2022 15:00
Velodyne Lidar Named Finalist for 2022 SXSW Innovation Awards
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution was selected as a finalist for the 24th annual SXSW Innovation Awards taking place March 14 during th
January 12, 2022 13:20
Lineage Logistics Strengthens European Transport Capability and Expands Benelux Footprint
Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions providers, today announced the acquisitions of Van Tuyl L
January 12, 2022 11:15
Lineage Logistics Transitions Operations at its Hvidovre Site in Denmark
Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions providers, today announced the transition of operations a
January 07, 2022 11:20
Cirium Names December as Busiest Month for Air Travel Globally in 2021; Over 59,000 Flights Are Canceled Near Year-End, the Most in a Decade
Aviation analytics firm Cirium, reveals that December was the busiest month in 2021 for flights globally, totaling 2.43 million, however the total number of flights canceled globally between December
January 06, 2022 16:05
AIT Worldwide Logistics Combines Southern California Teams in Newly Constructed, State-of-the-Art Los Angeles Facility
Today, global supply chain solutions leader AIT Worldwide Logistics celebrated the grand opening of a new, modern facility in a popular Los Angeles freight forwarding corridor. The location will soon
January 05, 2022 11:00
Lineage Logistics Announces $1.7 Billion in New Equity to Fuel Supply Chain Innovation and Growth
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has raised $1.7
December 31, 2021 16:30
Delta Air Lines Named as the World’s Best Performing Airline of 2021; All Nippon Airways as the Most On-time Globally
Cirium, the aviation analytics firm, today released its On-Time Performance Review 2021, the global standard for airline and airport operational performance. Cirium awarded Delta Air Lines with the Pl
December 28, 2021 10:40
HAI ROBOTICS Celebrates 5th Anniversary, Gets AI Unicorn Nomination by Hurun Report
HAI ROBOTICS, a global leader in Autonomous Case-handling Robotics (ACR) systems for warehouse order fulfillment, is celebrating its fifth anniversary at its new headquarters as it ranks among global
December 23, 2021 13:40
OPEX® Corporation Enforces its Intellectual Property by Filing Complaints for Patent Infringement
OPEX Corporation, a global provider of innovative warehouse, document and mail automation solutions, has announced today that it has filed complaints for patent infringement in the United States Inter
December 23, 2021 11:20
H.E. Justin Sun, Ambassador, Founder of TRON, and Winner of the Blue Origin Auction, Is Taking Five Crewmates with Him to Space Through the “Sea of Stars” Campaign
H.E. Justin Sun, Ambassador, Permanent Representative of Grenada to the WTO & Founder of TRON, today revealed that he placed the winning bid for the first seat on Blue Origin’s Inaugural New Shepard r
December 20, 2021 14:00
AD Ports Group and Aqaba Development Corporation Sign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure
AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqab
December 17, 2021 09:40
45,000 More-Fuel-Efficient Aircraft, Worth US$2.9 Trillion, Predicted to Be Delivered By 2040
The new 2021 Cirium Fleet Forecast reveals that US$2.9 trillion is expected to be spent on approximately 45,000 new and more-fuel-efficient aircraft over the next 20 years. This press release featu
December 15, 2021 13:20
JSSI Accelerates Digital Strategy With TRAXXALL Acquisition
Jet Support Services, Inc. (JSSI), the leading independent provider of maintenance support and financial services to the business aviation industry, today announced the acquisition of TRAXXALL. Founde
December 15, 2021 12:00
Lineage Logistics Expands Port-Centric Facility Footprint in Savannah, Georgia
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the strategic expa
December 14, 2021 13:50
Mitigating Traffic Congestion and Accidents Using Dahua Smart Traffic Management Solution
With rapid global urbanization and seemingly perpetual increase in vehicle ownership every year, improving traffic safety and efficiency has become a tough challenge. According to the assessment of in
December 09, 2021 16:00
Deutsche Post DHL Group Begins Transition at the Top: Tobias Meyer, P&P Germany Ceo, to Become Group CEO in May 2023
Deutsche Post DHL Group has initiated the leadership transition at the top of the company. The Supervisory Board of Deutsche Post AG has extended Frank Appel’s contract as DPDHL Group CEO until May 4,
December 09, 2021 15:30
Airline Passenger Capacity is Projected to Grow at 47% in 2022
Global aviation analytics firm Cirium, has released its second annual Airline Insights Review, which reveals an industry in recovery and poised for a projected 47% growth in capacity (the number of se
December 09, 2021 15:00
DXC Technology Enables Copa Airlines’ Transformation by Modernizing and Migrating Passenger Service System with Cloud Right™ Approach
DXC Technology (NYSE: DXC) today announced a multiyear renewal with Copa Airlines, a leading Latin American airline carrier, to modernize the mainframe-based Passenger Service System (PSS) and migrate
December 07, 2021 19:20
American Airlines Pilots First to Use CEFA Aviation Flight Replay App in the U.S.
American Airlines, the world’s largest airline, is the first carrier in the U.S. to adopt CEFA AMS, an Electronic Flight Bag (EFB) application allowing pilots to virtually review flight data on their
Jetcraft Releases 5-year Pre-Owned Market Forecast Exploring New Era for Business Aviation
December 02, 2021 13:12
Jetcraft Releases 5-year Pre-Owned Market Forecast Exploring New Era for Business Aviation
Jetcraft, the world leader in business jet sales and acquisitions, is releasing its 5-Year Pre-Owned Business Aviation Market Forecast, introducing an enhanced data-driven methodology recognizing pote
December 01, 2021 15:45
Japan Domestic Flights Scheduled for Recovery in Q1 2022: Cirium Survey Reveals Sapporo and Okinawa as Top Destinations
The majority of Japanese travelers intend to take to the skies again, with 80% planning to travel in the next 12 months for leisure purposes (83%) and to domestic destinations, according to the new Ci
November 23, 2021 14:00
Intelsat’s Global, Multi-Layered High-Throughput FlexMaritime Service Expands Into Indian Territorial Waters
Intelsat, operator of the world‘s largest integrated satellite and terrestrial network, announces the expansion of its global FlexMaritime service, now enabling connectivity for vessels traveling in I
November 19, 2021 17:20
Saudi Fund for Development Marks the Completion of the $31 million Banjul International Airport Project in The Gambia
The Saudi Fund for Development (SFD) recently took part in an official inauguration ceremony to mark the completion of the Banjul International Airport Rehabilitation and Development Project in The Re
November 17, 2021 11:55
OAG Launches New Flight Info Alerts Platform
OAG, the world’s leading provider of travel data and insight, today announced the launch of Flight Info Alerts, its new detection and notification product that delivers changes to flight schedules in
November 12, 2021 14:50
DeltaTrak Announces Improved Supply Chain Visibility With New Maritime Service
DeltaTrak®, a leading innovator of cold chain management solutions, announces new FlashTrak Maritime Service, providing exporters and importers with shipment location visibility while at sea. Knowing
November 12, 2021 11:25
Clean Energy Trucking Company Giga Carbon Neutrality Is Preparing to Launch 21 Zero-emission Commercial Vehicles by the End Of 2023
Giga Carbon Neutrality (GCN), the clean trucking and technology company, today unveiled a comprehensive range of zero-emission commercial vehicles that it plans to bring to market over the next two ye
November 11, 2021 16:50
Lineage Logistics Announces its First Cold Storage Facility to Produce 100% of its Energy Consumption On-Site
Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the installation of groundbreaking clean energy
November 11, 2021 15:30
Cebu Pacific Enhances Payment Method Features with CellPoint Digital’s Payment Orchestration Platform
CellPoint Digital, a fintech leader in payment orchestration, today announces the next leg of its partnership with Cebu Pacific, the largest airline in the Philippines. Cebu Pacific is one of the m
November 11, 2021 15:20
Lineage Logistics Joins The Climate Pledge and Commits to Achieving Net-Zero Carbon Emissions by 2040
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has signed onto
November 11, 2021 10:15
New Airline CO2 Emissions Monitor From Cirium Reveals 40% Less Fuel Burnt From Flights Flown Globally In 2021
Cirium, the aviation analytics company, today launched its Global Aircraft Emissions Monitor, providing a highly accurate measure of CO2 emissions and fuel consumption from flights flown globally.
November 05, 2021 15:45
Visa’s Cybersource and IATA Help Airlines Take Off With New Efficiencies Through IATA Financial Gateway
As the airline industry works to bring customers back on board, it is simultaneously challenged with protecting passengers, brand and revenue. To expedite takeoff, today Visa’s (NYSE: V) global paymen
November 05, 2021 14:30
ABS, HHI and KSOE Collaborate on Green Hydrogen Production and Carbon Capture and Storage
At COP26, ABS, Hyundai Heavy Industries (HHI) and Korea Shipbuilding and Offshore Engineering (KSOE) have announced two landmark joint development projects (JDPs) to develop decarbonization technologi
November 05, 2021 11:35
Pitney Bowes Expands Shipping Portfolio with Acquisition of CrescoData
Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the acquisition of CrescoData, a Platform-as-a-Service
November 03, 2021 10:30
Lineage Logistics Completes Acquisition of Claus Sørensen Cold Storage Division
Lineage Logistics, LLC (“Lineage” or the “Company”), a leading global temperature-controlled industrial REIT and logistics solutions provider, today announced it has closed the acquisition of the cold
Philippine Airlines Boosts Digital Transformation by Switching to Rimini Street Support for its Oracle Footprint
October 29, 2021 15:45
Philippine Airlines Boosts Digital Transformation by Switching to Rimini Street Support for its Oracle Footprint
Rimini Street, Inc. (NASDAQ: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partn
October 29, 2021 15:30
Lineage Logistics Launches Nonprofit Lineage Foundation for Good
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the launch of the
October 28, 2021 15:30
Cirium: Radical Shifts in US Flight Schedules This Summer Reveal Why Airlines Need New Planning Tools to Stay Ahead of the Curve
The new DiioTM Schedule Snapshot offering released by Cirium, the aviation analytics firm, reveals how planning by the major US airlines changed over the summer, with 20% of flights being removed from
October 28, 2021 13:30
Lineage Logistics Unveils Fully Automated Facility in Portsmouth, Virginia
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the opening of its
October 21, 2021 16:40
China is Flying High Again: Cirium Survey Shows Remarkable Consumer Confidence for a Travel Restart
Chinese travelers are leading the airline travel recovery, with 96% intending to travel, according to a new survey by Cirium, the aviation analytics company. 81% of respondents say they plan to fly at
October 19, 2021 09:17
Resumption of Maritime Trade across East & South Asia Flexing Marine Shaft Power Meter Sales: Fact.MR
Extensive application of marine shaft power in cargo carriers for international trade and in container ships are increasing their sales. Following a period of decelerating sales amid COVID-19, the mar
October 15, 2021 08:50
Jetcraft Commercial expands in Asia
Jetcraft Commercial, the commercial aircraft division of global aircraft trading firm Jetcraft, is today announcing the appointment of Christophe Potocki as Vice President of Sales. Based in Singap
October 13, 2021 11:00
Bentley Systems and SMRT Trains Collaborate to Improve Safety and Reliability of Metro Rail Services in Singapore
Bentley Systems, Incorporated (Nasdaq:BSY), the infrastructure engineering software company, and SMRT Trains, the pioneer Mass Rapid Transit (MRT) operator in Singapore, have successfully completed th
October 08, 2021 13:50
Deutsche Post DHL Group Publishes Preliminary Quarterly Results and Will Raise Short- and Mid-term Outlook Based on Continued Strong Earnings
Deutsche Post DHL Group (Symbol: DPW), the world’s leading logistics company, has today released preliminary results for the third quarter of 2021. The Group’s EBIT reached around EUR 1.765 billion in
October 08, 2021 11:40
Lineage Logistics Completes Acquisition of Kloosterboer Group
Lineage Logistics LLC, a leading global temperature-controlled industrial REIT and logistics solutions provider, has completed its acquisition of Kloosterboer Group, a Netherlands-based, family-owned
October 08, 2021 10:03
Rail Gangways Sales to Top US$ 634 Mn as India and China Gear for Expansion of Railway Infrastructure: Fact.MR
The rail gangways market will witness lucrative growth opportunities in the Asia Pacific as an investment towards the expansion of rail infrastructure is improving across India, China, and Japan. Deve
October 06, 2021 14:40
Vortex and Cepton Partner to Enable V2I Solutions With Smart Lidar and AI
Cepton Technologies (“Cepton”), an innovative provider of smart lidar solutions, and Vortex IoT (“Vortex”), a UK-based IoT solutions company, have combined their skills to turn UK buses into real-time
October 05, 2021 16:10
Jetcraft expands presence in Asia with new Singapore office
Jetcraft, the world leader in business jet sales and acquisitions, is announcing the opening of an office in Singapore to support growth in Southeast Asia and across the region. The office will be
September 29, 2021 15:30
Velodyne Lidar’s Intelligent Infrastructure Solution Selected for Major Deployment in University of California, Irvine Smart Cities Initiative
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution has been selected by the HORIBA Institute for Mobility and Connectivity2 (HIMaC2) in the University o
September 28, 2021 13:20
FedEx Logistics Expands Worldwide Operations with New Office in Korea
FedEx Logistics, a subsidiary of FedEx Corp. (NYSE: FDX) and provider of specialty solutions that support FedEx services and facilitate global trade, announced the opening of an office in Seoul, South
September 27, 2021 16:30
Belam and Cepton Establish Partnership to Enable Safety at High-traffic Railway Level Crossings
Cepton, a Silicon Valley-based innovator of smart lidar solutions has teamed up with Lithuania-based system integrator Belam to improve road user and rail passenger safety by deploying lidar-enabled o
September 24, 2021 17:15
YASA Spin-Out Evolito to Electrify Aerospace Market With Ultra-High Performance, Low-Weight Electric Motors
Evolito, a new company developing and manufacturing electric motors and power electronics for aerospace applications, launched publicly today as a privately-owned business. Evolito was spun out ear
September 16, 2021 17:10
Velodyne Lidar Calls for Action to Improve Pedestrian Safety
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a white paper, written by Velodyne experts and published by SAE International, that calls for independent performance testing of driver assis
September 10, 2021 14:50
AD Ports Group and CMA CGM Group Announce Agreement to Invest AED 570 Million in New Terminal at Khalifa Port
AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, and France-based CMA CGM Group, a world leader in shipping and logistics, have announced the signing of a 35-year co
September 06, 2021 09:15
Lineage Logistics Completes Northern Superhub Cold-Storage Warehouse Expansion in the UK
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the completion of
August 19, 2021 10:15
Lineage Logistics Announces Sponsorship with Professional Golfer Virginia Elena Carta
Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced its sponsorship of professional golfer Virginia
August 18, 2021 17:00
OSARO Raises $30 Million Series C Round Led by Octave Ventures
OSARO Inc, a global leader in the development and deployment of advanced robotic automation for logistics, has announced the completion of a series C funding round led by Octave Ventures. The new roun
August 10, 2021 10:58
Tolos Launches 2 Day Frozen Shipping Service in Singapore
Tolos Co., Ltd., a logistics service provider, started the frozen shipping service from Korea to Singapore in July 2021. The company, which provides logistics services targeting Asia, including Sin
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