Transport News

LOS ANGELES--(BUSINESS WIRE)--This week, airline catering workers employed by Flying Food Group at Los Angeles International Airport publicly shared their experiences before a Truth Commission composed of community leaders at Holman United Methodist Church. Over several hours of often emotional testimony before the Commission, more than a dozen Flying Food Group workers and advocates described unsafe conditions, wage theft and poverty wages, sexual harassment, labor violations, and retaliation...

AUSTIN, Texas--(BUSINESS WIRE)--Please replace the release dated April 9, 2026 with the following corrected version due to multiple revisions. The updated release reads: TERRADEPTH'S ABSOLUTE OCEAN CLEARED SELECTION PROCESS AND PLACED IN NIWC ATLANTIC RCC HOPPER Placement in the RCC Hopper could enable direct prototype awards without further competition, accelerating Navy adoption for unmanned undersea operations Terradepth, a venture-backed maritime technology company delivering the Ocean Oper...

ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII) today confirmed that it is in discussions with Patrick Industries, Inc. (NASDAQ: PATK) regarding a possible merger of equals. These discussions are ongoing, and there can be no assurances that such discussions will result in a transaction or on what terms any transaction may occur. LCI Industries does not intend to comment further unless and until it determines further disclosure is appropriate. About LCI Industries LCI Industries (NYS...

SEATTLE & LAKE CHARLES, La.--(BUSINESS WIRE)--Saltchuk Marine, LLC and Harbor Docking & Towing (HDT) today announced the formation of Green Tug Towing (GTT), a new joint venture company established to provide towage, escort, and terminal support services in the United States. GTT has been awarded a 20-year services contract by Woodside Energy to design, build, and operate four advanced hybrid escort tugboats to support LNG carrier operations at the company’s new Calcasieu Parish terminal. A...

CARMEL, Ind.--(BUSINESS WIRE)--Republic Airways Holdings Inc. (NASDAQ: RJET) will host a live conference call and webcast after the market closes to discuss first quarter 2026 financial results on Wednesday, April 29, 2026 at 5:00 p.m. EDT. A live webcast of this event will be available via the link provided in the Events & Presentation section at investor.rjet.com. A replay of the webcast will be available shortly after the call. About Republic Airways Holdings Inc. Founded in 1974, Republ...

HOUSTON--(BUSINESS WIRE)--Woodside Energy has awarded a services contract to Green Tug Towing – a joint venture of Harbor Docking & Towing and Saltchuk Marine – for the design and construction of four new tugs to be built at C&C Marine and Repair in Belle Chase, Louisiana, and delivered to Louisiana LNG in 2028. With this award, valued at more than $300 million, Woodside and its contractors have now committed more than $1 billion to Louisiana suppliers for the foundational development o...

CLEVELAND, OHIO--(BUSINESS WIRE)--The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on May 15, 2026, to shareholders of record as of the close of business on May 1, 2026. ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components...

DELTA, British Columbia--(BUSINESS WIRE)--Mangrove Lithium announced the opening of its first commercial lithium refining facility in Delta, British Columbia – the first of its kind in North America – marking a major milestone in establishing a secure, domestic lithium supply chain for Canada and the North American market. Mangrove marked the milestone with a ribbon cutting at its new headquarters and site of the Single Stack Plant (SSP), in Delta, British Columbia. Speakers included Mangrove L...

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”), an owner and operator of shuttle tankers, announced today that its Annual Report on Form 20-F for the year ended December 31, 2025 has been filed with the SEC. The report can be accessed on the Partnership’s website www.knotoffshorepartners.com in the “Investors” section under “Financial Information” then “Annual Report” or “SEC Filings”, or on the website of the U.S. Securities and Exchange Commissi...

SAN FRANCISCO--(BUSINESS WIRE)--Loop, the full-stack, verticalized AI platform for logistics and supply chains, today announced it has raised a $95 million Series C led by Valor Equity Partners and the Valor Atreides AI Fund, with participation from 8VC, Founders Fund, Index Ventures, J.P. Morgan Growth Equity Partners, and Tao Capital Partners. The new funding will help Loop expand its platform across a broader set of enterprise use cases, deepen its product and engineering capabilities, and i...