Transport News

GREAT FALLS, Mont.--(BUSINESS WIRE)--Janicki Industries, a privately owned engineering and manufacturing company, broke ground yesterday on its new manufacturing campus in Great Falls, Montana, marking the official start of construction on the company's $800 million investment in the region. The 1.6 million-square-foot campus, to be built in phases over the next decade, is expected to create 1,000 new jobs within five years and more than 2,000 jobs by the time it is complete. The groundbreaking...

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--The Rock-It Company (Rock-It), one of the world’s leading providers of specialist logistics for time-critical and high-value sectors across live events and luxury goods, has expanded its footprint in the UAE to Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). The expansion in the region brings Rock-It’s portfolio of renowned brands to the UAE capital to support Abu Dhabi’s vision of becoming a world-leading destination for...

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA to the Texas Transportation Commission State of Texas General Obligation Mobility Fund and Refunding Bonds, Series 2026-A and State of Texas General Obligation Mobility Fund Put Bonds, Series 2026-B (Multiannual Mode). KBRA additionally affirms the long-term rating of AAA for the Commission's State of Texas Highway Improvement General Obligation Bonds and State of Texas General Obligation Mobility Fund Bonds as well as the State'...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) today announced the pricing terms of its previously announced cash tender offers (each, an “Offer” and, collectively, the “Offers”) to purchase up to $4,150,000,000 aggregate purchase price, not including accrued and unpaid interest (the “Offer Cap”), of FedEx’s validly tendered (and not validly withdrawn) notes set forth below (collectively, the “Notes”), using a “waterfall” methodology under which FedEx will accept the Notes i...

EVANSVILLE, Ind.--(BUSINESS WIRE)--Atlas® World Group, Inc. announced the appointment of Jason Loehr and Tiffany Kelley, who will help to drive Atlas’ brand and growth....

CHARLOTTESVILLE, Va. & SOUTH BURLINGTON, Vt.--(BUSINESS WIRE)--BETA Technologies, Inc. (BETA) (NYSE: BETA), an aerospace and defense company, and the Multistate Collaborative eIPP National Integration Complex today announced the completion of the first electric conventional takeoff and landing (“CTOL”) aircraft flights conducted under the U.S. Department of Transportation (“U.S. DOT”) and the Federal Aviation Administration (“FAA”)’s eVTOL Integration Pilot Program (“eIPP”), the federal governm...

MINNEAPOLIS--(BUSINESS WIRE)--Protolabs (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced it has been named to TIME's list of America’s Best Companies of 2026. The recognition reflects Protolabs' continued commitment to fostering an exceptional workplace while helping customers accelerate innovation and bring products to market faster through digital manufacturing. This recognition comes as manufacturers increasingly adopt digital technologies and AI...

RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading real estate company specializing in the development, acquisition, operation, and management of mixed-use, transit-oriented properties and data center developments, today announced the signing of a 3,000-square-foot office lease at 1900 Reston Metro Plaza in Reston Station with Virtualitics, a leading provider of AI-powered decision intelligence solutions. Virtualitics builds AI-powered platform...

AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE American: HYLN), a developer of modular power plant technology, today announced that Hyliion will showcase the KARNO technology and participate in the 2026 Pennsylvania Defense and Innovation Summit at the U.S. Army War College on July 14 and 15. Thomas Healy, Founder and Chief Executive Officer of Hyliion will join this invitation-only gathering hosted by Senator Dave McCormick (R-PA). Remarks at the summit are expected from Presiden...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) today announced the early results of its previously announced cash tender offers (each, an “Offer” and, collectively, the “Offers”) for its validly tendered (and not validly withdrawn) notes set forth below (collectively, the “Notes”). The Offers are being made pursuant to an Offer to Purchase, dated June 25, 2026 (the “Offer to Purchase”), which sets forth a description of the terms of the Offers. The following table summarizes...