Transportation/Trucking/Railroad PRESS RELEASE
Examine Prosafe SE's Key Business Structure and Operations, History and Products, and Provides Summary Analysis of Its Key Revenue Lines
DUBLIN, Ireland-(Business Wire)-February 1, 2008 - Research and Markets has announced the addition of "Prosafe SE Company Profile" to their offering. This profile is an essential source for company data and information. The profile examines Prosafe SE's key business structure and operations...
Amend: Fitch Rates Cleveland RTA, Ohio's $35MM GOs 'A'
NEW YORK-(Business Wire)-January 31, 2008 - This is an amendment for a message issued on Jan. 30, 2008 . It replaces the previous version. Fitch Ratings assigns an 'A' rating to the Greater Cleveland Regional Transit Authority, OH's (GCRTA, or the authority) approximately $35 million general...
US Airways Customers Affected by Midwest Winter Storm May Change Itineraries without Penalty
TEMPE, Ariz.-(Business Wire)-January 31, 2008 - US Airways (NYSE:LCC) is relaxing certain fees for customers who may have to change travel plans as a result of the Midwest snow storms. The airline is offering the following revised policies, which apply to all customers flying Jan. 31 through Feb...
Oshkosh Truck Corporation to Webcast February 5, 2008 Shareholders' Meeting
OSHKOSH, Wis.-(Business Wire)-January 31, 2008 - Oshkosh Truck Corporation (NYSE: OSK) will hold its 2008 annual shareholders' meeting at 10:00 a.m. CST on Tuesday, February 5, 2008, at the Fox Cities Performing Arts Center in Appleton, Wis. The meeting, highlighted by remarks from Robert G. Bohn...
Tidewater to Present at the Credit Suisse Energy Summit Conference
NEW ORLEANS-(Business Wire)-January 31, 2008 - Tidewater Inc. (NYSE: TDW) announced today that Dean Taylor, Chairman, President and Chief Executive Officer, and Joseph M. Bennett, Senior Vice President, Principal Accounting Officer and Chief Investor Relations Officer, will present at the 2008...
Express-1 Expands Its Premium Transportation Service Offerings with Acquisition of Industry Leader Concert Group Logistics
BUCHANAN, Mich.-(Business Wire)-January 31, 2008 - Express-1 Expedited Solutions, Inc. (the Company) (AMEX: XPO), one of the largest ground expedite companies in the U.S., today announced that its newly created wholly owned subsidiary Concert Group Logistics, Inc., has acquired substantially all...
UPS Board Increases Dividend
ATLANTA-(Business Wire)-January 31, 2008 - The UPS (NYSE:UPS) Board of Directors today increased the regular quarterly dividend to $0.45 per share from $0.42 on all outstanding Class A and Class B shares as a sign of its confidence in the company's growth prospects and financial strength. The...
Teledyne Acquires TSS International
THOUSAND OAKS, Calif.-(Business Wire)-January 31, 2008 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Limited, has acquired S G Brown Limited and its wholly-owned subsidiary TSS (International) Limited (together "TSS International") for GBP 29 million...
Odyssey's SHIPWRECK! Pirates & Treasure Exhibit To Move To Detroit Science Center
TAMPA, Fla.-(Business Wire)-January 31, 2008 - Odyssey Marine Exploration (Nasdaq:OMEX), the world's leader in the field of deep-ocean shipwreck exploration, is pleased to announce that its traveling exhibit SHIPWRECK! Pirates & Treasure will soon move to the Detroit Science Center in Detroit...
Fueled by Increased Demand for Business Travel, XOJET Reports Record 2007 Customer, Revenue and Fleet Growth
SAN CARLOS, Calif.-(Business Wire)-January 31, 2008 - Accelerating its momentum as the fastest-growing private aviation company in history, XOJET today announced that it achieved record revenue and customer growth in 2007. In addition to placing $2.5 billion worth of aircraft orders and securing...
Japanese Bullet Train Returns to San Francisco
-(Business Wire)-January 31, 2008 - California High-Speed Rail Authority: -0- *T What: Transportation and the environment are forefront in policymaking and legislative discussions. The construction of a high-speed train system in California will decrease traffic congestion, improve air quality...
Tidewater Declares Quarterly Dividend on Common Stock and Expands Plan to Repurchase Shares of its Common Stock
NEW ORLEANS-(Business Wire)-January 31, 2008 - Tidewater Inc. (NYSE:TDW) announced today that its Board of Directors has declared a quarterly dividend of $.15 per share on Tidewater's approximately 52.6 million shares of common stock outstanding. The dividend was declared during a regular meeting of...
Qantas Airways Achieves Record-Breaking Bookings in January for Travel to Australia
LOS ANGELES-(Business Wire)-January 31, 2008 - North Americans increasingly choose to make Australia one of their favorite travel destinations. This increasing demand for travel has pushed the airline's bookings during January to record-breaking levels. Australia's popularity as a business and...
TrackMyShipments Announces New Shipment Tracking Service
MILPITAS, Calif.-(Business Wire)-January 31, 2008 - Startup TrackMyShipments Inc announces their new shipment tracking service and website (www.trackmyshipments.com). TrackMyShipments' new service is completely automatic - To start tracking a shipment, users simply forward all their 'We Have Shipped...
K-Sea Transportation Partners L.P. Announces Operating Results and Net Income for Second Quarter of Fiscal 2008; Increases Dividend
NEW YORK-(Business Wire)-January 31, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced operating results and net income for the second fiscal quarter ended December 31, 2007. The Company also announced that its distribution to unitholders for the second quarter will increase by...
Ceradyne, Inc. Receives $59.1 Million Ceramic Body Armor Order for U.S. Army
COSTA MESA, Calif.-(Business Wire)-January 31, 2008 - Ceradyne, Inc. (NASDAQ:CRDN) received a ceramic body armor delivery order for $59.1 million from the U.S. Army, Aberdeen Proving Ground, Maryland. The order is for Enhanced Side Ballistic Inserts (ESBI), which will be delivered from February 2008...
Research and Markets: Complete and Comprehensive Analysis of Amerco, Includes an Overview of the Industry the Company Operates In
DUBLIN, Ireland-(Business Wire)-January 31, 2008 - Research and Markets has announced the addition of "Analysis of Amerco" to their offering. Analysis of Amerco. A complete and comprehensive analysis of Amerco, includes an overview of the industry the company operates in, a PEST Framework...
Blue Sky Network's Customers and Subscriber Units Grew By More Than 60% in 2007
LA JOLLA, Calif.-(Business Wire)-January 31, 2008 - Blue Sky Network, the global logistics solution provider for two-way linking and managing transportation assets via satellite, today announced that the number of customers and subscriber units grew by more than 60% in 2007. This strong growth was...
AEI Acquires Tongda Energy and Beijing Macrolink Gas
HOUSTON-(Business Wire)-January 31, 2008 - AEI, a company that owns and operates essential energy infrastructure businesses in emerging markets worldwide, announced today that it has acquired a 100% equity interest in Tongda Energy Pte. Ltd., an operator of city gas companies with operations in...
CGL Omaha Station Opens as Gateway to the West
DOWNERS GROVE, Ill.-(Business Wire)-January 31, 2008 - Concert Group Logistics (CGL), a Downers Grove, Illinois-based leader in transportation logistics, has announced the opening of its Omaha station in January 2008 under the leadership of Penny Horner. Horner has operated in the Omaha market since...
Con-way Inc. Board Declares Quarterly Dividend on Common Stock
SAN MATEO, Calif., Jan. 31 PRNewswire-FirstCall — The Board of Directors of Con-way Inc. (NYSE: CNW) has declared a cash dividend of 10 cents per share on the company's common stock. The dividend is payable March 14, 2008 to shareholders of record on February 14, 2008. About Con-way...
Fitch Report: Prime U.S. Auto ABS Losses in December 2007 Surged 60% on a Year-Over-Year Basis
NEW YORK-(Business Wire)-January 31, 2008 - Prime annualized net losses (ANL) on U.S. auto-loan asset-backed securities (ABS) rose to 1.34% in December 2007, a 15.5% jump over November and surging 60% higher on a year-over-year basis versus December 2006, as reported in the Fitch Ratings quarterly...
New York State Commission Approves Historic Congestion Pricing Plan to Cut Traffic, Improve Health by Reducing Transportation Emissions
Leading Environmental and Transportation Group Applauds Vote, Calls for Rapid Passage of Congestion Pricing Proposal by City Council, State Legislature NEW YORK, Jan. 31 PRNewswire-USNewswire — A New York state commission of elected officials, environmental and planning experts charged...
Motorists Urged to Prepare for Possible Icy Commute on Friday
HARRISBURG, Pa., Jan. 31 PRNewswire-USNewswire — A winter storm that could bring a variety of winter conditions, including significant icing for parts of the commonwealth on Friday, means that motorists should take extra care and be alert for the potential of downed tree limbs or...
WABCO Directors Approve Cash Dividend
BRUSSELS, Belgium, Jan. 31 PRNewswire-FirstCall — WABCO Holdings Inc. (NYSE: WBC), announced today that its board of directors has approved a cash dividend of 7 cents per share of common stock. The dividend is payable on March 20, 2008, to shareholders of record on March 3, 2008. About...
Cleveland Rolls Out Barrels Against Big Oil
Peaceful Protestors Question the Economics of Driving CLEVELAND, Jan. 31 PRNewswire-USNewswire — A crowd of commuters gathered on Public Square in downtown Cleveland armed with picket signs, auto parts, and a message — it's time to Join The Ride by taking public transportation...
Sentient Completes Acquisiton of TAG Aviation USA; Industry Veteran Jake Cartwright to Lead Sentient Aircraft Management Division
WEYMOUTH, Mass.-(Business Wire)-January 31, 2008 - Sentient Flight Group ("Sentient"), one of the nation's premier full-service private aviation companies, today announced the completion of its acquisition of TAG Aviation USA. Terms of the transaction were not disclosed. The Company also today...
UAL Mechanics' Election Set for Feb. 26
National Mediation Board Notifies Teamsters WASHINGTON, Jan. 31 PRNewswire-USNewswire — The National Mediation Board notified the Teamsters Union and 9,300 active and furloughed United Airlines mechanics that a representation vote will take place between Feb. 26 and March 31. The...
Horizon Lines, Inc. Declares Dividend; Announces 2008 Annual Stockholder Meeting
CHARLOTTE, N.C., Jan. 31 PRNewswire-FirstCall — Horizon Lines, Inc. (NYSE: HRZ) announced that its Board of Directors has voted to declare a cash dividend on its outstanding shares of common stock of $0.11 per share, payable on March 15, 2008 to all stockholders of record as of the...
DRS Technologies Named to Forbes 25 Fastest Growing Tech Companies in America
PARSIPPANY, N.J.-(Business Wire)-January 31, 2008 - DRS Technologies, Inc. (NYSE: DRS) announced today that it has been named as one of "America's 25 Fastest Growing Tech Companies" in a special report published on January 24, 2008 by Forbes Magazine. The company was ranked 14 on the list. According...
Curt Lewis & Associates Forms Strategic Alliance with QSL Consultores
FORT WORTH, Texas-(Business Wire)-January 31, 2008 - Curt Lewis & Associates (CLA) today announced a strategic partnership with Qualinet & Surlatina Gestion (QSL), a global consulting firm headquartered in Santiago, Chile, and Panama. CLA is known for its expertise in the aviation...
Agility Wins ''Best Logistics Strategy'' Award for U.S. Forces Food Supply Program
ALEXANDRIA, Va.-(Business Wire)-January 31, 2008 - Agility Defense & Government Services (DGS) was awarded "Best Logistics Strategy" at the Defense Logistics 2007 awards ceremony for its Subsistence Prime Vendor Program, providing food and other products for the U.S. Forces in Iraq. Agility...
Tidewater Elects Cindy B. Taylor To Its Board of Directors
NEW ORLEANS-(Business Wire)-January 31, 2008 - Tidewater (NYSE: TDW) today announced the election of Cindy B. Taylor to its Board of Directors for a term expiring in July 2008. Mrs. Taylor comes to Tidewater with a distinguished and successful career in the oil and gas industry. Since May 2006, Mrs...
Porter Airlines brings new style to air travel in New York market
TORONTO, Jan. 31 PRNewswire - With a focus on delivering convenience, speed and service in short-haul air travel, Toronto-based Porter Airlines is expanding into the U.S. market with seven daily roundtrip flights between Toronto City Centre Airport (TCCA) and Newark Liberty International...
BAE Systems Awarded $42 Million Air Force Contract for Updated Air Planning System
BELLEVUE, Neb.-(Business Wire)-January 31, 2008 - BAE Systems has been awarded a $42.5 million contract by the U.S. Strategic Command to develop and maintain new capabilities for an air-strike mission planning system. The Air Vehicle Planning System program will run through July 2012, and includes...
Pilot Freight Services Appoints New President
LIMA, Pa.-(Business Wire)-January 31, 2008 - Pilot Freight Services, a worldwide provider of transportation and logistics services, announced today that Lou Cortese, a long-time veteran of the company, has been appointed President. The announcement was made by Pilot's Chairman, Richie Phillips...
DRS Technologies Receives a $23 Million Contract from the U.S. Army to Support the Mast Mounted Sights on Kiowa Warrior Attack Helicopters
PARSIPPANY, N.J. PARSIPPANY, N.J.-(Business Wire)-January 31, 2008 - DRS Technologies, Inc. (NYSE: DRS) announced today that it received a $23 million order from the U.S. Army's Aviation and Missile Command (AMCOM) at Redstone Arsenal in Huntsville, Alabama, to provide engineering support, field...
Washington State Completes Deployment of Federal Signal All Hazard Alert Broadcast Warning Siren System
UNIVERSITY PARK, Ill., Jan. 31 PRNewswire-FirstCall — Federal Signal Corporation's Safety and Security Systems Group, a leader in advancing security and well-being, announced today that it has completed the first-phase deployment of a Federal Signal All Hazard Alert Broadcast warning...
Solvay Advanced Polymers Says Goodbye to an Industry Pioneer with Loss of Jim Doty
ALPHARETTA, Ga.-(Business Wire)-January 31, 2008 - Solvay Advanced Polymers and the plastics industry lost a true pioneer with the passing of Jim Doty, the company's automotive Senior Global Market Manager. Jim died Saturday, January 26th, due to complications brought on by a heart attack he...
AIAM Members Lead the List of Top Producing North American Vehicle Assembly Plants
ARLINGTON, Va., Jan. 31 PRNewswire-USNewswire — Members of the Association of International Automobile Manufacturers (AIAM) now operate three of the top four highest-volume assembly plants in North America, AIAM said today. As a whole, six AIAM member company plants ranked in the...
Double Hull Tankers, Inc. Takes Delivery of Second Suezmax Tanker
ST. HELIER, JERSEY, Channel Islands-(Business Wire)-January 31, 2008 - Double Hull Tankers, Inc. ("DHT") (NYSE:DHT) today announced that it took delivery of the Overseas London, a 2000 built Suezmax tanker, on January 28, 2008. The Overseas London represents the second of two Suezmax tankers...
Virgin Green Fund and Benchmark Capital Lead $14.5 Million Investment Round in GreenRoad Technologies
REDWOOD SHORES, Calif., & LONDON-(Business Wire)-January 31, 2008 - GreenRoad Technologies Inc. (www.greenroadtech.com), an innovative world leader in driver safety technologies, today announced that it has secured an investment of $14.5 million led by Virgin Green Fund (www.virgingreenfund.com...
FMC Technologies to Supply Subsea Systems for Gumusut-Kakap Project Offshore Malaysia
HOUSTON-(Business Wire)-January 31, 2008 - FMC Technologies, Inc. (NYSE:FTI) announced today that it has been awarded a contract by Sabah Shell Petroleum Company Limited for the supply of deepwater subsea systems for the Gumusut-Kakap project. The Gumusut-Kakap project is located offshore East...
ECOtality's eTec Completes SuperCharge Installation at Long Beach Airport
SCOTTSDALE, Ariz.-(Business Wire)-January 31, 2008 - Long Beach Airport and Electric Transportation Engineering Company (eTec), a wholly owned subsidiary of ECOtality, Inc. (OTCBB: ETLY), a renewable energy company that acquires and commercially advances clean electric technologies and applications...
VSE-Westar Team to Train New Iraqi Air Force Pilots
WASHINGTON-(Business Wire)-January 31, 2008 - The team of VSE Corporation of Arlington, Va., and Westar Aerospace & Defense Group, Inc., a wholly owned subsidiary of QinetiQ North America, has been awarded a three-year, $62 million CECOM Rapid Response Task Order from the U.S. Army Security...
Old Dominion Freight Line Announces Record Fourth-Quarter Revenue and Earnings of $0.42 Per Diluted Share
THOMASVILLE, N.C.-(Business Wire)-January 31, 2008 - Old Dominion Freight Line, Inc. (NASDAQ: ODFL) today announced financial results for the fourth quarter and year ended December 31, 2007. For the quarter, revenue increased 12.3% to $358.7 million from $319.4 million for the fourth quarter of...
Alliance Resource Partners, L.P. Reports Record Annual Financial and Operating Results; and Provides Guidance for 2008
TULSA, Okla.-(Business Wire)-January 31, 2008 - Alliance Resource Partners, L.P. (NASDAQ:ARLP) today reported records for tons produced, tons sold, revenues and EBITDA for the year ended December 31, 2007 (the "2007 Period"). ARLP's net income for the 2007 Period was $170.4 million, or $3.78 of...
MarineMax to Broadcast Review of First Quarter Fiscal 2008 Results over the Internet
CLEARWATER, Fla.-(Business Wire)-January 31, 2008 - MarineMax, Inc. (NYSE:HZO), the nation's largest recreational boat retailer, today announced that the Company will hold a conference call to review its first quarter fiscal 2008 results on Thursday, February 7, 2008, at 10:00 a.m. Eastern Time...
Greyhound Reduces Fares up to 45 Percent on Select Schedules
DALLAS, Jan. 31 PRNewswire — Greyhound Lines, Inc. today announced it is dropping fares on select schedules on a number of popular routes. Greyhound passengers can take advantage of up to a 45-percent savings on travel Monday through Thursday and up to 38 percent when traveling Friday...
Starwood Reports Strong Fourth Quarter and Full Year 2007 Results
WHITE PLAINS, N.Y.-(Business Wire)-January 31, 2008 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported strong fourth quarter 2007 financial results, driven by double-digit worldwide REVPAR increases and higher operating margins. Fourth Quarter 2007 Highlights &mdash...
Genesee & Wyoming Inc. to Present at BB&T Capital Markets 2008 Transportation Conference
GREENWICH, Conn., Jan. 31, 2008 PRNewswire-FirstCall — Genesee & Wyoming Inc. (GWI) (NYSE: GWR) Chief Executive Officer John C. Hellmann will present at the BB&T Capital Markets 2008 Transportation Conference in Coral Gables, Fla., on Thursday, Feb. 14, 2008, at 2:15 p.m. ET...
Teamsters, Business Travel Coalition to Hold Summit on Aircraft Maintenance Outsourcing
Feb. 11 Event To Seek Solutions to Safety, Security Issues WASHINGTON, Jan. 31 PRNewswire-USNewswire — The Teamsters Union and the Business Travel Coalition will hold a summit on aircraft maintenance outsourcing on Feb. 11, 2008, in Washington, D.C. The purpose of the summit is to...
Genco Shipping & Trading Limited Announces Fourth Quarter 2007 Conference Call and Webcast
NEW YORK, Jan. 31 PRNewswire-FirstCall — Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2007 on Thursday, February 14, 2008 at 8:30 a.m. Eastern Time. The conference call...
TAM to Present at Raymond James Growth Airline Conference
SAO PAULO, Brazil, Jan. 31 PRNewswire-FirstCall — TAM (Bovespa: TAMM4; NYSE: TAM) has been invited to participate in the Raymond James 2008 Growth Airline Conference. The presentation will be today, January 31 at 12:05 pm (US ET) in New York. The presentation will be available on...
ArvinMeritor Announces Start of Production at New Facility in Salonta, Romania
SALONTA, Romania, Jan. 31 PRNewswire-FirstCall — ArvinMeritor, Inc. (NYSE: ARM) announced today the start of production at a new Light Vehicle Systems (LVS) facility in Salonta, Romania. This new plant, which occupies approximately 5,400 square meters of manufacturing space, will supply...
Police to Target Impaired Drivers Super Bowl Weekend
HARRISBURG, Pa., Jan. 31 PRNewswire-USNewswire — "Fans don't let fans drive drunk" is what PennDOT and police departments are hoping people will remember this weekend as they gather to watch the Super Bowl. People who drink and drive can expect to see a police officer in the rearview...
Drew Industries Presents Webcast of Fourth Quarter Conference Call on February 14
WHITE PLAINS, N.Y., Jan. 31 PRNewswire-FirstCall — Drew Industries Incorporated (NYSE: DW), a White Plains, NY-based manufacturer of components for the recreational vehicle and manufactured housing industries, will release its fourth quarter and year-end 2007 financial results after the...
Volvo Inaugurates New Bus Plant in India
STOCKHOLM, Sweden-(Business Wire)-January 31, 2008 - Regulatory News: Today, Volvo Buses (NASDAQ:VOLV) (STO:VOLVA) (STO:VOLVB) is inaugurating a new body plant in Bangalore, India. This means that the company gains a base for production of complete buses for India and other strongly growing...
Brunswick Reports EPS of $0.14 in Fourth Quarter From Continuing Operations
LAKE FOREST, Ill., Jan. 31 PRNewswire-FirstCall — Brunswick Corporation (NYSE: BC) reported today earnings from continuing operations of $0.14 per diluted share for the fourth quarter of 2007, compared with $0.47 per diluted share for the same quarter a year ago. Results for the fourth...
New Research Reinforces Effectiveness of Speed Cameras
WASHINGTON, Jan. 31 PRNewswire-USNewswire — GHSA strongly supports new research from the Insurance Institute for Highway Safety (IIHS) that reinforces the effectiveness of speed cameras in reducing highway speeds. IIHS studied two jurisdictions: Scottsdale, Arizona, and the...
Imaginova Partners with Esther Dyson to Co-Host the Fourth Annual 'Flight School' Workshop
NEW YORK, Jan. 31 PRNewswire — Imaginova Corp. and Esther Dyson of EDventure announced today that they will jointly present Flight School 2008: Where the Rubber Meets the Clouds. The intensive three-day workshop allows participants to identify and address the major challenges facing...
L.B. Foster Closes Out 2007 with Another Record Quarter
PITTSBURGH, Jan. 31 PRNewswire-FirstCall — L.B. Foster Company (Nasdaq: FSTR), a leading manufacturer, fabricator, and distributor of products and services for rail, construction, energy and utility markets, today reported that its fourth quarter earnings per diluted share from...
ACS Awarded Contract to Provide Contactless Ticketing System in Riga, Latvia
DALLAS, Jan. 31 PRNewswire-FirstCall — Affiliated Computer Services, Inc. (NYSE: ACS) today announced it will provide a contactless ticketing system to the city of Riga, Latvia, with the municipality's wholly owned transit operator, Rigas Satiksme. No financial details were disclosed...
Eos Airlines Announces Complimentary Companion Ticket
PURCHASE, N.Y., Jan. 31 PRNewswire — Trans-Atlantic travelers who act quickly can enjoy a flight between New York and London with their spouse, companion or colleague flying free. Guests who book one round-trip companion fare ticket priced at $4,999 between January 31 and February 4...
Landstar System Reports Increased Fourth Quarter Revenue and Earnings Per Diluted Share
JACKSONVILLE, Fla., Jan. 31 PRNewswire-FirstCall — Landstar System, Inc. (Nasdaq: LSTR) reported consolidated revenue for the fourth quarter of 2007 of $643 million compared to $611 million for the 2006 fourth quarter. Net income for the thirteen-week period ended December 29, 2007...
New CFO to Join TORM Executive Management
HELLERUP, Denmark, January 31 PRNewswire-FirstCall — Roland M. Andersen is 39 years old and he is currently CFO for the Danish mobile and broadband operator Sonofon/Cybercity. During 2000 - 2005 Roland Andersen was CFO for private equity owned Cybercity. Prior to this he has held...
ARCADIS Wins Large Contract for Rail Renewal in Poland
ARNHEM, The Netherlands, January 31 PRNewswire-FirstCall — ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, today announced that a consortium consisting of ARCADIS and Koltech Company has signed a EUR4.4 million contract for construction...
Johnson Controls-Saft Selected for New Lithium-Ion Battery Contract for Hybrid Vehicles
NERSAC, France, January 31 PRNewswire-FirstCall — Johnson Controls-Saft announces that the joint venture has been selected to supply lithium-ion batteries to a European car manufacturer for a hybrid vehicle. This contract is the second lithium-ion production contract won by the joint...
Johnson Controls-Saft Opens World's First Production Facility for Lithium-ion Hybrid Vehicle Batteries
NERSAC, France, January 31 PRNewswire-FirstCall — Johnson Controls-Saft Advanced Power Solutions announced today the official opening of its new lithium-ion automotive battery manufacturing facility. The plant, based in Nersac, France, is dedicated to the manufacture of advanced...
Maguire Aviation to Purchase Skytrails Aviation
LOS ANGELES-(Business Wire)-January 31, 2008 - Maguire Aviation has entered into an agreement with Skytrails Aviation ("Skytrails"), a fixed based operator ("FBO") at the Van Nuys Airport, to acquire Skytrails' business operations and holdings at Van Nuys Airport. "My wife, Kathy Sullivan, and I...
IdleAire CIO Retires
KNOXVILLE, Tenn., Jan. 30 PRNewswire — Tom Badgett, IdleAire Technologies Corporation's ("IdleAire") chief information officer (CIO), secretary and company co-founder, announced his retirement on January 29. He will continue to be available to assist in the transition on a day-to-day...
Ampco System Parking Awarded Contract with Tampa International Airport
LOS ANGELES-(Business Wire)-January 30, 2008 - Ampco System Parking, a wholly owned subsidiary of ABM Industries Incorporated (NYSE:ABM), has been awarded a multiyear, multimillion-dollar contract with Tampa International Airport. The contract covers all parking and shuttle operations for the...
JETS.com Named First ARG/US Certified Broker
SAVANNAH, Ga.-(Business Wire)-January 30, 2008 - JETS.com, the award winning private jet membership company, today announced that it had been named the first ARG/US Certified Broker by Aviation Research Group, U.S., Inc. (ARG/US), the highly respected third-party safety auditor for the aviation...
Allied Pilots Association Expresses Disappointment over National Mediation Board's Response to Union's Request for Federal Mediation
FORT WORTH, Texas-(Business Wire)-January 30, 2008 - The Allied Pilots Association (APA), collective bargaining agent for the 12,000 pilots of American Airlines (NYSE: AMR), received written notice from the National Mediation Board (NMB) today that it had received the union's request for federal...
Effective Logistics Management Celebrates Move to New Corporate Headquarters
MIDDLEBORO, Mass.-(Business Wire)-January 30, 2008 - Due to rapid growth, Effective Logistics Management recently opened new headquarters in Middleboro, MA. Their new facility is 4 times larger than their previous office. The team at ELM believes that this growth is due to their business...
Innovative Solutions & Support, Inc. Announces Financial Results for the First Quarter of Fiscal Year 2008
EXTON, Pa.-(Business Wire)-January 30, 2008 - Innovative Solutions & Support, Inc. (NASDAQ:ISSC) (the "Company") today announced results for the first quarter of fiscal year 2008 ended December 31, 2007. Sales in the first quarter of fiscal 2008 were $4.7 million, compared to $3.4 million in the...
Fitch Rates Illinois Tollway's $760MM Revs 'AA-'; Outlook Stable
CHICAGO-(Business Wire)-January 30, 2008 - Fitch Ratings assigns an 'AA-' long-term rating to the Illinois State Toll Highway Authority's (the authority) approximately $760 million toll highway variable-rate senior priority revenue bonds, series 2008 A-1 and A-2, scheduled for negotiated sale in...
UQM Technologies Reports Third Quarter and Nine Month Operating Results
FREDERICK, Colo.-(Business Wire)-January 30, 2008 - UQM TECHNOLOGIES, INC. (AMEX: UQM), a developer of alternative energy technologies, announced today operating results for the quarter and nine months ended December 31, 2007. Continuing operations for the third quarter resulted in a loss of...
Knight Transportation Announces Opening of Gulfport, MS Brokerage Branch
PHOENIX-(Business Wire)-January 30, 2008 - Knight Transportation, Inc. (NYSE: KNX) announced the official opening of its newest brokerage branch. This new branch is located in Gulfport, MS, and will be operated by Knight Brokerage, LLC, a wholly owned subsidiary of Knight Transportation, Inc. This...
Providence and Worcester Railroad Company Announces Dividend
WORCESTER, Mass.-(Business Wire)-January 30, 2008 - Providence and Worcester Railroad Company (AMEX: "PWX") announced that, at its regular quarterly meeting on January 30, 2008, the Board of Directors of the Company declared a dividend of $.04 per share on the outstanding Common Stock of the...
Summit Global Logistics Announces Restructuring
EAST RUTHERFORD, N.J.-(Business Wire)-January 30, 2008 - Summit Global Logistics, Inc. (OTCBB: SGLT) today announced a financial restructuring pursuant to which the assets of Summit Global and those of its operating subsidiaries, including TUG USA and FMI International, would be acquired by TriDec...
Pilot Freight Services Announces Record Earnings for 2007
LIMA, Pa.-(Business Wire)-January 30, 2008 - Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced shipment figures and record revenue for the year ending Dec. 31, 2007. The company reported revenue for the year of $340.8 million, up 5.3 percent...
Ruby Tuesday Announces Plans for Restaurants in U.S. Airports
MARYVILLE, Tenn.-(Business Wire)-January 30, 2008 - Ruby Tuesday, Inc., one of the nation's leading casual dining restaurant companies, today announced plans for the opening of five franchised Ruby Tuesdays in U.S. airports over the next several years. The restaurants will be developed and...
John Ramil Named to TECO Energy Board of Directors
TAMPA, Fla.-(Business Wire)-January 30, 2008 - TECO Energy, Inc. (NYSE:TE) today announced that John B. Ramil has been named to its board of directors, effective immediately. Like other TECO Energy directors, Ramil will also serve on the board of the company's principal subsidiary, Tampa Electric...
Spirit Airlines Starts New Non-Stop Service between Fort Lauderdale and Panama City
MIRAMAR, Fla.-(Business Wire)-January 30, 2008 - Fort Lauderdale's hometown ultra low cost carrier Spirit Airlines begins three weekly non-stop flights to Panama City, Panama tomorrow, with increased frequency to daily service starting May 1, 2008. In addition to this new non-stop service, Spirit...
Kirby Corporation Announces Record 2007 Fourth Quarter and Year Results
HOUSTON, Jan. 30 PRNewswire-FirstCall — Kirby Corporation ("Kirby") (NYSE: KEX) today announced record net earnings for the fourth quarter ended December 31, 2007 of $34.4 million, or $.64 per share, compared with net earnings of $23.4 million, or $.44 per share, for the 2006 fourth...
Continental Pilots' Union Elects New Chairman
HOUSTON, Jan. 30 PRNewswire-USNewswire — At yesterday's meeting of the Continental pilots' Master Executive Council, the union leadership elected Capt. Jay Pierce as its new chairman in a special election. Capt. Pierce, a Houston-based B-737 pilot with 18 years at Continental...
Maritime Stakeholders Group Urges Congressional Support in the Evolution of Philadelphia's Strategic Seaport as Global Distribution Hub
PHILADELPHIA, Jan. 30 PRNewswire-USNewswire — The Maritime Stakeholders Group (MSG), a united entity representing more than 300 maritime-related organizations in the port communities of Pennsylvania, New Jersey and Delaware, praised Pennsylvania Governor Edward Rendell for his efforts...
Textron's Cessna Announces Details of Large Cabin Citation Business Jet
WASHINGTON-(Business Wire)-January 30, 2008 - Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, will release details of the Large Cabin Citation business jet on February 6, 2008 at a press conference in Washington, DC. Cessna Chairman, President and CEO Jack Pelton and other Cessna senior...
Global Traffic Technologies Awarded Default Judgment in U.S. Patent Suit
ST. PAUL, Minn.-(Business Wire)-January 30, 2008 - Global Traffic Technologies (GTT) has won a default judgment of infringement in its U.S. Patent infringement lawsuit against Tomar Electronics, Gilbert, Ariz. U.S. District Court Judge Michael J. Davis issued the ruling in Minneapolis on Dec. 27...
Getting the Green Light: Global Traffic Technologies is Moving Forward
ST. PAUL, Minn.-(Business Wire)-January 30, 2008 - Global Traffic Technologies, a leader in traffic management and safety solutions, announced its new corporate headquarters, website and corporate identity. The company was formed in June 2007 from 3M's Opticom(TM) Priority Control Systems and...
TAM Share Buy-Back Program
SAO PAULO, Brazil, Jan. 30 PRNewswire-FirstCall — TAM (Bovespa: TAMM4 and NYSE: TAM) reports that, at a meeting conducted today, its Board of Directors approved the acquisition of preferred shares issued by the Company to be held in treasury and subsequently cancelled or transferred...
Horizon Air Increasing Seats from Eureka/Arcata and Redding to Los Angeles by 50%
SEATTLE-(Business Wire)-January 30, 2008 - Starting April 6, Horizon Air is changing its two daily roundtrip flights to Los Angeles from Eureka/Arcata and Redding, Calif., and in the process is increasing the airplane seats available between Los Angeles and the North State cities by 50 percent...
Norfolk Southern Chief Financial Officer Squires to Address BB&T Capital Markets Transportation Conference
NORFOLK, Va., Jan. 30 PRNewswire-FirstCall — James A. Squires, executive vice president finance and chief financial officer for Norfolk Southern Corporation (NYSE: NSC), will address the BB&T Capital Markets 23rd Annual Transportation Conference at 9:45 a.m. EST on Thursday, Feb...
Peak International Reports Third Quarter Financial Results
HONG KONG, Jan. 30 PRNewswire-FirstCall — Peak International Limited (Nasdaq: PEAK) today announced financial results for the third quarter of fiscal year 2008 ended December 31, 2007. Net sales for the quarter ended December 31, 2007 were $12.4 million compared to $12.2 million in...
DHL Helps Bring the Mardi Gras Spirit to New Orleans and Beyond
PLANTATION, Fla.-(Business Wire)-January 30, 2008 - DHL, the world's leading express delivery and logistics company, has launched the King Cake shipping program for all bakeries in the New Orleans region, helping thousands of displaced New Orleanians get a taste of home in Mardi Gras tradition...
U.S. Business Making Limited Progress on Green Issues, Says Landmark State of Green Business Report
OAKLAND, Calif.-(Business Wire)-January 30, 2008 - Despite an apparent flurry of activity by corporations to improve their environmental performance, U.S. companies aren't yet making much of a difference in addressing major environmental problems, according to a new report. "State of Green...
Mayor Hickenlooper Launches Clear at Denver International Airport; Clear Announces Robust Marketing Partnership with Frontier Airlines
DENVER, Jan. 30 PRNewswire — Clear, the fast pass for airport security, announced today along with Mayor John Hickenlooper, Aviation Manager Turner West, and representatives from Frontier Airlines the opening of the fast pass lanes at Denver International Airport (DIA). The Mayor...
Hyatt Summerfield Suites Doubles Development Pipeline
CHICAGO-(Business Wire)-January 30, 2008 - Hyatt's upscale all-suite/extended-stay brand Hyatt Summerfield Suites(R) today announced it doubled its development pipeline in 2007 for a year-end total of 20 new hotels, increasing the total number of Hyatt Summerfield Suites hotels open and under...
Workers in Arizona and California Seek Union Membership at UPS Freight
An Overwhelming Majority of Workers Seek To Join Locals 104 And 431 WASHINGTON, Jan. 30 PRNewswire-USNewswire — An overwhelming majority of about 300 workers at the UPS Freight (formerly Overnite Transportation) terminals in Phoenix, Tucson and Flagstaff, in Arizona, and two terminals...
PAMA Announces a Series of New Regional Airworthiness Symposiums
WARRENDALE, Pa., Jan. 30 PRNewswire-USNewswire — Wichita, Kansas, will be the site of the Professional Aviation Maintenance Association's (PAMA) first Regional Airworthiness Symposium, August 22 and 23, 2008. These new symposiums will provide PAMA members and other industry...
SEPTA to Operate Regular Market-Frankford Line El Service This Weekend
PHILADELPHIA, Jan. 30 PRNewswire-USNewswire — SEPTA will operate regular Market-Frankford Line train service this weekend (Friday-Sunday, February 1-3) between 69th Street Terminal and Frankford Transportation Center. SEPTA had planned to provide alternate shuttle bus service on the...
TECO Energy Declares Quarterly Dividend
TAMPA, Fla.-(Business Wire)-January 30, 2008 - At its meeting today, the Board of Directors of TECO Energy, Inc. (NYSE:TE) declared a dividend of 19.5 cents per share on the company's common stock. The dividend is payable February 28 to shareholders of record as of February 15. TECO Energy, Inc...
Going Electric for Commercial Hybrid Vehicles Is Not the Only Option, According to ABI Research
NEW YORK-(Business Wire)-January 30, 2008 - Buyers of commercial vehicles will have more choices than consumers when contemplating a hybrid powertrain for their next vehicles (parallel or series, with electric or hydraulic energy storage). Each system has its advantages and disadvantages depending...
BAE Systems Awarded $28 Million U.S. Air Force Contract to Provide Radar Warning Receivers For C-130J Transports
GREENLAWN, N.Y.-(Business Wire)-January 30, 2008 - BAE Systems has been awarded a $28.1 million U.S. Air Force contract to provide radar warning receiver systems for new-production C-130J transport aircraft. BAE Systems' AN/ALR-56M radar warning receiver detects a broad range of incoming radar...
JetWorks Leasing to Adopt the Name SkyWorks Leasing
GREENWICH, Conn.-(Business Wire)-January 30, 2008 - JetWorks Leasing announced today that effective immediately it will adopt the name SkyWorks Leasing. JetWorks was founded in 2004 as an affiliated company of SkyWorks Capital to concentrate on asset management, operating leasing and related...
Seacastle Inc. Postpones Public Offering
PARK RIDGE, N.J., Jan. 30 PRNewswire — Seacastle Inc. ("Seacastle") announced today that it is postponing its proposed initial public offering due to unfavorable market conditions and market volatility. Seacastle expects to proceed with the IPO at a future date and will evaluate market...
ABF Agrees To Be Bound By 2008-2013 National Freight Standards Agreement
Company Will Sign Proposed Pact, Protecting Drivers And Dockworkers WASHINGTON, Jan. 30 PRNewswire-USNewswire — ABF Freight System, Inc. has agreed to the Teamster Union's demand that the company should agree to be bound by the proposed 2008-2013 Teamsters National Freight Industry...
ABF Freight System, Inc. and Teamsters Reach Tentative Agreement on New Five-Year Contract
FORT SMITH, Ark., Jan. 30 PRNewswire-FirstCall — ABF Freight System, Inc., the largest subsidiary of Arkansas Best Corporation (Nasdaq: ABFS), announced today that it has reached a tentative collective bargaining agreement with the International Brotherhood of Teamsters (IBT) for a...
NorthStar Moving & Storage Earns Coveted Angie's List Super Service Award(R) for Second Consecutive Year
LOS ANGELES, Jan. 30 PRNewswire — NorthStar Moving Corporation, the leading residential and commercial mover in California, offering local, intrastate, interstate, and international moves, as well as storage services, has been awarded the prestigious and difficult-to-attain 2007 Angie's...
Iteris Wins $900,000 Intelligent Transportation Systems Design Contract in Las Vegas
SANTA ANA, Calif.-(Business Wire)-January 30, 2008 - Iteris, Inc. (AMEX:ITI), a leader in the traffic management market that focuses on the application and development of advanced technologies, today announced it has been awarded a contract valued at over $900,000 to provide all of the Intelligent...
Altairnano Signs $2.5 Million U.S. Navy Contract for Development of Nano-Lithium Titanate Battery Technology
RENO, Nev.-(Business Wire)-January 30, 2008 - Altair Nanotechnologies Inc. (NASDAQ: ALTI), a leading provider of advanced nanomaterials technology used in power and energy systems, life sciences and industrial applications, today announced the signing of a $2.5 million contract with the United...
Cass Information Systems, Inc. Finishes 2007 With 31% Increase in 4th Quarter Earnings
ST. LOUIS-(Business Wire)-January 30, 2008 - Cass Information Systems, Inc. (NASDAQ: CASS), the nation's leading provider of transportation, utility and telecom invoice payment and information services ended its 2007 fiscal year on a strong note, reporting fourth quarter earnings of $.51 per fully...
Record Number of Hoteliers Driving Business Results from SynXis Innovation
SOUTHLAKE, Texas-(Business Wire)-January 30, 2008 - SynXis, the Sabre Holdings business that provides hotel distribution and Internet marketing services globally, experienced a second straight year of record sales by signing numerous multi-property and chain deals, bringing the total number of...
AdaCore's Coding Standard Verification Tool Eases DO-178B Compliance
NEW YORK and TOULOUSE, France-(Business Wire)-January 30, 2008 - AdaCore, provider of the highest quality Ada tools and support services, today announced the availability of GNATcheck, an integrated coding standard verification tool within the GNAT Pro development environment. GNATcheck meets the...
International, Supply Chain & Freight Drive 4th Quarter Results for UPS
ATLANTA-(Business Wire)-January 30, 2008 - UPS (NYSE: UPS) today reported adjusted diluted earnings per share of $1.13 for its fourth quarter, an 8.7% increase over last year. Revenue improved 6.1% driven by a double-digit increase in international export volume, growth and firm pricing in the...
Community Calls on State to Review Safety of Canadian National's Planned Acquisition of EJ&E Rail Line
Coalition wants state officials to start asking CN tough questions CHICAGO, Jan. 30 PRNewswire-USNewswire — Barrington-area community members, elected officials and emergency response officials confronting the acquisition of the EJ&E rail line by Canadian National (CN), will hold...
Saia Reports 2007 Revenue of $976 Million from Continuing Operations, an Increase of 12 Percent
JOHNS CREEK, Ga.-(Business Wire)-January 30, 2008 - Saia, Inc. (NASDAQ: SAIA), a leading multi-regional less-than-truckload (LTL) carrier ("the Company"), reported 2007 results with revenue of $976 million from continuing operations, an increase of 12 percent from 2006. 2007 operating income from...
Nighthawk Systems Receives Order From American Traffic Solutions, Inc.
SAN ANTONIO-(Business Wire)-January 30, 2008 - Nighthawk Systems, Inc. (OTCBB: NIHK), a leading provider of intelligent wireless power control devices and solutions, today announced that it has received an initial order from American Traffic Solutions, Inc.("ATS"), a preferred provider of photo...
G&D Delivers Next Generation CharlieCard to MBTA
DULLES, Va.-(Business Wire)-January 30, 2008 - Massachusetts Bay Transportation Authority (MBTA) has awarded the new contract for the CharlieCard program to Giesecke & Devrient (G&D). This is an exclusive multiyear contract for delivery of five million contactless smart cards to MBTA in the next...
Seminar Offers Vital Information as State Moves Forward with Plan for High- Speed Train
ANAHEIM, Calif., Jan 30 PRNewswire — As California ramps up its efforts to learn more about high-speed trains in preparation for a November ballot measure, a seminar was held today bringing Southern California up close and personal with "Shinkansen," Japan's High-Speed Train System. The...
Thousands to Get Barenaked for Cruises Sponsored by Cali Bamboo
SAN DIEGO-(Business Wire)-January 30, 2008 - Cali Bamboo, the company committed to saving the planet one customer at a time, is co-sponsoring the Barenaked Ladies' Ships & Dip III and Mayercraft Carrier music cruises with Reverb. The two cruises, which are produced by Sixthman, will be sailing...
GetThere and Executive Transportation Group Team Up to Offer 'Green Vehicle' Alternatives for Business Travelers
NEW YORK & SOUTHLAKE, Texas-(Business Wire)-January 30, 2008 - GetThere(R), the world's leading online corporate travel procurement solution, today announced the expansion of its GetThere Ground Network with the inclusion of New York-based Executive Transportation Group (ETG). GetThere clients...
Orange County Mayor Richard Crotty and Country Music Star Michael Peterson to Kick Off Biodiesel Ride-and-Drive
ORLANDO, Fla., Jan. 30 PRNewswire — WHAT: To educate Floridians on the benefits of using biodiesel, the National Biodiesel Conference & Expo will host its first public ride-and-drive and vehicle display on Monday and Tuesday, Feb. 4-5, 2008 at the Gaylord Palms Resort and...
Southwest Airlines Co. to Present at the Raymond James Growth Airline Conference
DALLAS, Jan. 25 PRNewswire-FirstCall — Southwest Airlines Company (NYSE: LUV) has been invited to speak at the Raymond James Growth Airline Conference. Raymond James will be webcasting the audio presentation live, and a link to the webcast will be made available via the Investor...
Henkel Achieves Major Milestone with Launch of New AQUENCE(TM) Brand
MADISON HEIGHTS, Mich., Jan. 30 PRNewswire — Henkel proudly announces AQUENCE(TM) as the brand name of its innovative autodeposition coating technology. This water-based technology recently set new industry precedent by displacing conventional metal pretreatment and the electrocoat...
TAM Concludes 30 Business Agreements and has 64 Airline Partners Abroad
SAO PAULO, Brazil, Jan. 30 PRNewswire-FirstCall — TAM (Bovespa: TAMM4 and NYSE: TAM) concluded 30 SPA (Special Prorate Agreement) business agreements in 2007, and in doing so, now maintains SPA partnerships with 64 international airlines operating in practically every country in South...
Scandinavian Rail Pass Brought Under Eurail Umbrella
UTRECHT, The Netherlands, January 30 PRNewswire — The Eurail Group is giving more options to travellers wanting to explore the Scandinavian countries of Denmark, Finland, Norway and Sweden. Scandinavia has long been a popular tourist destination for overseas visitors with numbers...
Allied Van Lines Releases 40th Annual Magnet States Report
CHICAGO, Jan. 30 PRNewswire-FirstCall — Individuals and families continue to be charmed by the South as thousands relocated there in 2007, according to Allied Van Lines' 40th Magnet States Report which was released today. For the third year in a row, Texas took the lead as the No. 1...
ZAP Signs Second Exclusive Distribution Agreement with Youngman for North American Bus Market
JINHUA, China and SANTA ROSA, Calif., Jan. 30 PRNewswire-FirstCall — Youngman Automotive Group, one of China's leading bus manufacturers, has signed a second exclusive distribution agreement with US electric car pioneer ZAP (OTC Bulletin Board: ZAAP) granting the rights to distribute...
Companhia de Concessoes Rodoviarias (CCR) Announces Execution of Agreement to Acquire Concessionaria Renovias S/A
SAO PAULO, Brazil, Jan. 29 PRNewswire-FirstCall — Companhia de Concessoes Rodoviarias (CCR) (Bovespa: CCRO3; Bloomberg: CCRO3 BZ; Reuters: CCRO3.SA), Brazil's largest road concession operator, has announced today the execution of a binding and irrevocable Purchase and Sale Commitment...
LAN Airlines Reports Net Income of US$100.8 Million for 4Q07 and US$308.3 Million for Full Year 2007
SANTIAGO, Chile-(Business Wire)-January 29, 2008 - LAN Airlines S.A. (NYSE: LFL), one of Latin America's leading passenger and cargo airlines, announced today its consolidated financial results for the fourth quarter and full year ended December 31, 2007. "LAN" or "the Company" makes reference to...
C.H. Robinson Reports Fourth Quarter Results
MINNEAPOLIS-(Business Wire)-January 29, 2008 - C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ:CHRW), today reported financial results for the quarter ended December 31, 2007. Summarized financial results for the quarter ended December 31 are as follows (dollars in thousands, except per...
J.B. Hunt Transport Services, Inc. Reports Revenues and Earnings for the Fourth Quarter and Year Ended December 31, 2007
LOWELL, Ark.-(Business Wire)-January 29, 2008 - J.B. Hunt Transport Services, Inc., (NASDAQ:JBHT): -0- *T — Fourth Quarter 2007 Revenue: $945 million; up 11% — Fourth Quarter 2007 Operating Income: $96 million; up 1% (1) — Fourth Quarter 2007 EPS: 42 cents vs. 39 cents (1...
Airbus Selects B/E Aerospace to Supply Passenger and Crew Oxygen Systems for New A350 XWB; Award Initially Valued at More Than $125 Million
WELLINGTON, Fla.-(Business Wire)-January 29, 2008 - B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and a leading aftermarket distributor of aerospace fasteners, today announced that Airbus has selected B/E Aerospace as its supplier of next...
VISTAGY Appoints New Vice President of Worldwide Sales to Drive Continued Growth with Expanded Product Offerings
WALTHAM, Mass.-(Business Wire)-January 29, 2008 - VISTAGY, Inc., a leading provider of specialized engineering software, kicked off the new year by outlining plans for continued growth in 2008 and expanding its software and services offerings to better meet the evolving needs of its global...
Spirit Airlines Continues Fort Lauderdale Expansion
MIRAMAR, Fla.-(Business Wire)-January 29, 2008 - Spirit Airlines is continuing to expand its operations at Fort Lauderdale-Hollywood International Airport. In addition to its current Fort Lauderdale-Boston service via Myrtle Beach, the leading ultra low cost carrier is introducing twice daily...
VRG Redefines its Business Strategy
SAO PAULO, Brazil, Jan. 29 PRNewswire-FirstCall — GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazilian airlines GOL Transportes Aereos S.A. ("GTA", Brazil's low-cost, low- fare airline) and VRG Linhas Aereas S.A. ("VRG", Brazil's premium...
Five Major CALSTART Fuel Cell Bus Projects Now Underway - Part of Focused Technology Development Effort
PASADENA, Calif.-(Business Wire)-January 29, 2008 - CALSTART, North America's leading advanced transportation technology organization, has secured and launched contracts for five major fuel cell bus technology development projects with the Federal Transit Administration (FTA), an important part of...
Chicago Metropolis 2020 Says Railroad Plan Could Ease Highway Congestion and Benefit Economy
CHICAGO, Jan. 29 PRNewswire-USNewswire — Canadian National Railway's proposal to purchase and expand the use of the EJ&E Railway Company on the western portion of the region has the potential to ease freight congestion that frustrates commuters and endangers the region's economy...
U.S. Department Of Commerce Makes Annual Adjustments to Seasonal Factors for ISM Manufacturing PMI and Diffusion Indexes and ISM Non-Manufacturing Diffusion Indexes
TEMPE, Ariz.-(Business Wire)-January 29, 2008 - The U.S. Department of Commerce recently completed its annual adjustment to the seasonal factors used in the monthly Institute for Supply Management(TM)(ISM) Manufacturing Report On Business(R) and the monthly Institute for Supply Management(TM...
Boeing Begins Major Assembly of First New 777 Freighter
SEATTLE, Jan. 29 PRNewswire-FirstCall — Boeing (NYSE: BA) mechanics began major assembly of the new 777 Freighter at the company's Everett, Wash., facility today. The 777 Freighter will fly farther and provide more capacity than any other twin-engine cargo airplane. "We are excited to...
Sentient Flight Group Launches privatejets.com
WEYMOUTH, Mass.-(Business Wire)-January 29, 2008 - Sentient Flight Group, LLC ("Sentient"), one of the nation's leading full-service private aviation companies, today announced the launch of privatejets.com, an innovative website empowering travelers to research and book private jet travel online...
Teamsters Back Out of FedEx Home Delivery Election
PITTSBURGH-(Business Wire)-January 29, 2008 - The Teamsters voluntarily canceled an organizing election scheduled for February 1, 2008 at the FedEx Home Delivery facility in Worcester, Massachusetts. The withdrawal signals a defeat for the union, which was seeking to organize FedEx owner operators...
Athena Technologies Announces Release of New External Magnetometer Avionics Product
WARRENTON, Va.-(Business Wire)-January 29, 2008 - Athena Technologies announced today the release of its new XMAG(TM) 3-D external magnetometer. This compact, rugged device measures the ambient magnetic field and is designed for applications in manned and unmanned aircraft. The new XMAG...
FlightView Launches Dispatch 4.7 - With NBAA Special
SAVANNAH, Ga.-(Business Wire)-January 29, 2008 - FlightView, the leading provider of accurate and actionable real-time flight information, today introduced an upgrade to Dispatch, its flagship product for schedulers and dispatchers. The company is also rolling out a special package of discounted...
With ShockWatch, to the Victor Go the Unspoiled
DALLAS-(Business Wire)-January 29, 2008 - With vaccines, pharmaceuticals and other perishables being shipped globally, ShockWatch and its Environmental Indicators have been onboard to provide a proactive approach to the treatment of temperature-sensitive products by handlers. Now, ShockWatch - the...
Bergstrom, Firefly Energy Agree to Test, Co-Market NITE(TM) Sleeper Cab Cooling System Powered by Oasis(TM) Group 31 Battery
PEORIA, Ill.-(Business Wire)-January 29, 2008 - Bergstrom Inc., the recognized leader of innovative climate solutions for the people who move our world and makers of the NITE(TM) no-idle thermal system (www.iownthenite.com) for truck sleeper cabs, and Firefly Energy Inc. (www.fireflyenergy.com), the...
Aura Enters Into a Cooperative Research and Development Agreement with the U.S. Army TARDEC
EL SEGUNDO, Calif.-(Business Wire)-January 29, 2008 - Aura Systems, Inc. (Pink Sheets:AUSI) announced today a Cooperative Research and Development Agreement ("CRADA") between the U.S. Army Tank-Automotive Research, Development and Engineering Center (TARDEC) and the Company. Under the Agreement...
UPS Freight Workers in Atlanta Sign Cards to Become Teamsters
An Overwhelming Majority of Workers Seek To Join Local 728 In Atlanta ATLANTA, Jan. 29 PRNewswire-USNewswire — An overwhelming majority of about 360 workers at the UPS Freight (formerly Overnite Transportation) terminals in Atlanta, Lawrenceville and Marietta, in Georgia, have signed...
RF Code Announces Real Time Tracking of Rack-Level Assets
AUSTIN, Texas-(Business Wire)-January 29, 2008 - RF Code, Inc., a leader in real-time asset management, today announced the availability of a far-reaching solution giving data center professionals the on-demand ability to know instantly, at any time, the exact location of every one of their...
Vizada Announces Trade-Up to Iridium Program
ROCKVILLE, Md.-(Business Wire)-January 29, 2008 - Vizada, the leading provider of global satellite communications solutions, today announced its "Trade-Up to Iridium" program. The initiative is designed to allow Vizada's North American customers currently using Globalstar to earn a rebate on their...
Transplace Features University of Arkansas Supply Chain Management Research Center at Annual Shipper Symposium
PLANO, Texas-(Business Wire)-January 29, 2008 - Transplace today announced a special feature for its sixth annual Shipper Symposium provided by the Supply Chain Management Research Center, a research unit of the Sam M. Walton College of Business at the University of Arkansas, at the John Q...
Rockwell Collins Declares Regular Quarterly Dividend on Common Stock
CEDAR RAPIDS, Iowa-(Business Wire)-January 29, 2008 - The Board of Directors of Rockwell Collins (NYSE: COL) has declared a quarterly dividend of 16 cents per share on its common stock, payable March 3, 2008, to shareowners of record at the close of business on Feb. 11, 2008. Rockwell Collins (NYSE...
Rock Legend Neil Young's Bio-Hydro-Electric Series Hybrid Vehicle Conversion to Be Powered by UQM(R) Propulsion System
FREDERICK, Colo.-(Business Wire)-January 29, 2008 - UQM TECHNOLOGIES, INC. (AMEX:UQM), a developer of alternative energy technologies, announced today that one of its 150 KW propulsion systems will be powering a 1959 Lincoln Continental Mark IV being converted to a bio-hydro-electric series hybrid...
UQM Technologies to Hold Conference Call Wednesday, January 30, 2008 at 4:30 p.m. Eastern Time
FREDERICK, Colo.-(Business Wire)-January 29, 2008 - UQM TECHNOLOGIES, INC. (AMEX:UQM), a developer of alternative energy technologies, will hold a conference call with members of the investment community on Wednesday, January 30, 2008, at 4:30 p.m. Eastern Time. To participate in the call dial...
Electron Solar Energy Wins Bid to Supply Haitian Medical Industry with 100 Solar Energy Systems
MIAMI-(Business Wire)-January 29, 2008 - Electron Solar Energy (OTC:ESRG), an international distributor of alternative energy systems, announced today that the company has been awarded an order for 100 complete renewable solar energy systems for the Haitian Medical industry. The Company has...
USPTO Issues Paid, Inc.'s Patent #7324968 for Real-time Online Shipping Calculation Methods
BOSTON-(Business Wire)-January 29, 2008 - Today, Paid, Inc.'s (OTCBB: PAYD) Patent #7324968 from the U.S. Patent and Trademark Office (USPTO) becomes "effective," providing Paid with all the rights granted to patent holders, including the ability to seek licenses for patent use and to protect the...
Log-ic Temperature Sensor Receives EN12830 Certification
OTTAWA, ON and MEMPHIS, TN , Jan. 29 PRNewswire - Intelligent Devices Inc. (a subsidiary of smart packaging experts Information Mediary Corp ("IMC") in partnership with Evidencia LLP and Prodecom (www.evidencia.biz; www.prodecom.biz) are pleased to announce that the entire line of Log-ic(R...
IVOX(R) Introduces First Predictive Driver Risk Management System for Fleets
ATLANTA-(Business Wire)-January 29, 2008 - IVOX(R), the expert in predictive driver risk management, today announced the release of its patent-pending DriverScore(R) 2.0, the first driver risk management system designed to predict individual driving behavior for the fleet industry. DriverScore...
Consumer Goods Technology Readers Give Logility Top Rankings
ATLANTA, Jan. 29 PRNewswire-FirstCall — Logility, Inc. (Nasdaq: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that it has received multiple Reader's Choice Awards for the eighth consecutive year by Consumer Goods Technology...
In The UK's Road Haulage Market Further Legislation To Come Into Force In 2008 And 2009 Includes The Driver Certificate Of Professional Competence And The Low Emissions Certificate
DUBLIN, Ireland-(Business Wire)-January 29, 2008 - Research and Markets ; general operating conditions; technical advances; and competition from foreign hauliers. Content Outline: Executive Summary 1. Market Definition 2. Market Size 3. Industry Background 4. Competitor Analysis 5. Strengths...
EMTA Holdings Corporation Announces Expanded International Product Distribution and New Order
SCOTTSDALE, Ariz.-(Business Wire)-January 29, 2008 - EMTA Holdings Inc., (OTCBB:EMHD), maker of environmentally friendly engine treatment and fuel additives proven to enhance performance, increase fuel efficiency and reduce emissions, today announced that its distribution partner in Africa, Cood...
Social Consciousness Shapes 2008 Travel Choices
SOUTHLAKE, Texas-(Business Wire)-January 29, 2008 - Social consciousness, including environmental issues, was a hot topic in 2007, and according to a recent Travelocity poll, the trend among travelers shows no sign of slowing down in the coming year. With 38 percent of respondents planning to...
Norfolk Southern Names Dimino VP Audit and Compliance; Carter Retires
NORFOLK, Va., Jan. 29 PRNewswire-FirstCall — Joseph C. Dimino has been named vice president audit and compliance for Norfolk Southern Corporation (NYSE: NSC), effective Feb. 1, with headquarters in Norfolk. He will report to Chief Executive Officer Wick Moorman. Dimino joined Norfolk...
Cellulosic Ethanol to Premiere at Sebring
SEBRING, Fla., Jan. 29 PRNewswire — In a technological breakthrough in both the renewable fuels arena and racing, KL Process Design Group (KL) of Rapid City, SD, will supply the American Le Mans Series with cellulosic E85 racing ethanol for the 2008 season. The fuel, produced from waste...
Investcorp to Acquire Randall-Reilly, a Leading Media and Information Company Focused on Trucking and Construction Markets
NEW YORK, and TUSCALOOSA, Ala., Jan. 29 PRNewswire — Investcorp, a leading global provider and manager of alternative investment products, today announced that it has agreed to acquire Randall-Reilly Publishing Company, LLC, the premier media and information company focused on the...
Ride SEPTA to the 2008 Philadelphia International Auto Show
PHILADELPHIA, Jan. 29 PRNewswire-USNewswire — A turbo-charged pass is the key to unlimited one-day travel on all SEPTA routes for riders traveling to the 2008 Philadelphia International Auto Show scheduled for the Pennsylvania Convention Center from February 2 through February 10...
Webcast Alert: United States Postal Service's James Cochrane discusses - the New Law and How it Affects the Industry
WASHINGTON, Jan. 17 PRNewswire — The New Law passed in FY07 is affecting the shipping industry. Use this law to your advantage. Find out the intricacies of the law. And then learn the answers to: what are the best opportunities for growth, and where will the best opportunities be for...
Harco and Compli Align to Bring Automated Compliance Management and Loss Control Capabilities to Auto and Truck Dealerships
CHICAGO-(Business Wire)-January 29, 2008 - Harco and Compli today announced a new alliance that will provide an unprecedented compliance management, insurance and loss control package to auto and truck dealers that they expect will lead to improved compliance coverage as well as decreased claims and...
Janel World Trade, Ltd. Anticipates at Least 20% Increase in First Quarter Gross Sales
JAMAICA, N.Y., Jan. 29 PRNewswire-FirstCall — Janel World Trade, Ltd. (OTC Bulletin Board: JLWT), a full-service global provider of integrated logistics services, today announced that the Company expects to report an increase of at least 20% in its gross sales for the first quarter of...
Active Aero Group Names Andrew W. Kirk as Chief Financial Officer
BELLEVILLE, Mich., Jan. 29 PRNewswire — Active Aero Group (AAG), a leading global transportation management solutions company, has appointed Andrew W. Kirk as Chief Financial Officer, with fiduciary responsibilities for the company and its two subsidiaries, as announced today by...
New Online Social Network Helps College Students Connect to Find and Share Rides
NEW YORK, Jan. 29 PRNewswire — Gohov.com launches its new online social network for college students looking to create and share rides with friends and other students. Whether students are seeking a way to save money on gas, help reduce carbon emissions, or looking for a lift to...
Jacobs Receives Contract to Design Widening of New Jersey Turnpike
PASADENA, Calif., Jan. 29 PRNewswire-FirstCall — Jacobs Engineering Group Inc. (NYSE: JEC) announced today that its subsidiary Edwards and Kelcey, Inc. received a contract from the New Jersey Turnpike Authority (NJTA) to design the widening of a 12-mile section of the Turnpike. The...
Jacobs Receives Pounds Sterling 100 Million Forth Bridge Contract
PASADENA, Calif., Jan. 29 PRNewswire-FirstCall — Jacobs Engineering Group Inc. (NYSE: JEC) announced today that its joint venture team received a contract from Transport Scotland to design, develop, and project manage the construction of a new cable-stayed bridge across the River Forth...
Canadian Pacific grows EPS in 2007
CALGARY, Jan. 29 PRNewswire-FirstCall - Canadian Pacific Railway Limited (TSX/NYSE: CP) announced its fourth-quarter and full year results for 2007 today. In the fourth quarter, net income increased to $342 million in 2007 compared with $146 million in 2006 primarily due to lower future...
New Report Analyses GTL Growth Factors, Challenges and Barriers and the Concept of Using GTL Fuel for Transportation and Economic Feasibility of GTL Technologies
DUBLIN, Ireland-(Business Wire)-January 29, 2008 - Research and Markets , invented a process that could convert natural gas to a hydrocarbon mixture which could then be upgraded into petroleum products. The FT technology provides an alternative to traditional crude oil refining, as liquid...
Add Another Pin to Your Destination Map with New AirTran Airways Sale Fares
ORLANDO, Fla., Jan. 29 PRNewswire-FirstCall — AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today launched a sale with fares starting as low as $39*. Travelers may purchase these sale fares at http://www.airtran.com or via AirTran Airways' reservations system at...
AirTran Airways Continues Milwaukee Expansion With Nonstop Flights to More Destinations
ORLANDO, Fla., Jan. 29 PRNewswire-FirstCall — AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), announced today that it will further expand service from General Mitchell International Airport in Milwaukee with the addition of nonstop seasonal flights to the...
VisionChina Media Posts Investor Presentation on IR Website
BEIJING, Jan. 29 Xinhua-PRNewswire-FirstCall — VisionChina Media Inc. (Nasdaq: VISN), one of China's largest mass transportation mobile television advertising networks, today announced that the company has posted its investor presentation to its investor relations website. The...
Ituran Location and Control Ltd. Schedules its Fourth Quarter 2007 Results Release and Conference Call for Thursday, February 21, 2008
AZOUR, Israel, January 29 PRNewswire-FirstCall — Ituran Location and Control Ltd. (NASDAQ: ITRN , TASE: ITRN), announced that it will be releasing its fourth quarter and full year 2007 results on Thursday, February 21, 2008, before the US market opens. The Company will also be hosting a...
CORRECTING and REPLACING US Airways Vacations Offers Extension on $200 off Vacations to Grand Bahama Island
TEMPE, Ariz.-(Business Wire)-January 28, 2008 - Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: US AIRWAYS VACATIONS OFFERS EXTENSION ON $200 OFF VACATIONS TO GRAND BAHAMA ISLAND US Airways Vacations wants you to enjoy $200 off...
Great Lakes Dredging Vessel Sustains Damage after Being Struck by Tanker Vessel
OAK BROOK, Ill.-(Business Wire)-January 28, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services today reported the status of its Dredge New York that...
''IN TRANSIT: WHAT SOUTH JERSEY NEEDS TO KEEP MOVING'' Transportation Symposium
-(Business Wire)-January 28, 2008 - Ballard Spahr Andrews & Ingersoll, LLP, in cooperation with Rutgers University - School of Business, present: -0- *T EVENT: "IN TRANSIT: WHAT SOUTH JERSEY NEEDS TO KEEP MOVING" Transportation Seminar held by Ballard Spahr Andrews & Ingersoll, LLP in...
Coachmen Industries, Inc. Announces 2007 Fourth Quarter and Full Year Results
ELKHART, Ind.-(Business Wire)-January 28, 2008 - Coachmen Industries, Inc. (NYSE: COA) today announced its financial results for the fourth quarter and full year ended December 31, 2007. "As we experience some of the worst housing market conditions in the last 25 years, 2007 will be marked as one of...
Knight & Carver Honored as Boatyard of the Year
NATIONAL CITY, Calif.-(Business Wire)-January 28, 2008 - Knight & Carver YachtCenter, which has emerged in recent years as one of the marine industry's top-rated repair yards for megayachts and other large vessels, has been honored by the American Boat Builders & Repairers Association...
Cape Air's Blue Tails Head for the Adirondacks
HYANNIS, Mass.-(Business Wire)-January 28, 2008 - Cape Air launches non stop air service with three daily flights beginning on February 12 from the up-state New York communities of Plattsburgh and Saranac Lake to Boston. "This latest expansion is a perfect fit for our operation,"says Cape Air...
BRS Announces ISO 9001:2000 Quality System Attainment
SOUTH SAINT PAUL, Minn.-(Business Wire)-January 28, 2008 - Ballistic Recovery Systems, Inc. (OTCBB:BRSI), a manufacturer of whole-airplane emergency parachute systems, announced today that its 26,000 square foot manufacturing facility in Mexico has been notified by an auditor from the...
Wright Express to Release Fourth-Quarter 2007 Financial Results on Wednesday, February 6
SOUTH PORTLAND, Maine-(Business Wire)-January 28, 2008 - Wright Express Corporation (NYSE: WXS) announced today that it will report fourth-quarter 2007 financial results before the market opens on Wednesday, February 6, 2008. Michael Dubyak, chief executive officer, and Melissa Smith, chief...
GateKeeper USA, Inc. Announced Today It Has Executed an Exclusive Development & License Agreement with Container Security Logistics, LLC.
GAITHERSBURG, Md.-(Business Wire)-January 28, 2008 - GateKeeper USA, Inc. (Pink Sheets: GTKP, formerly GKPR), announced today that it has executed an Exclusive Development & Licensing Agreement with Container Security Logistics, LLC ("CSL"). GateKeeper USA Inc. had issued a "Request for...
Mullen Group Income Fund announces 2008 capital budget and growth plans
CALGARY, Jan. 28 PRNewswire-FirstCall - (TSX - MTL.UN) Mullen Group Income Fund (the "Fund") announced today that it has approved a $40.0 million capital expenditure budget for 2008. This amount will be allocated to those business units in the Fund that need new capital to grow or...
MCA Solutions Rated ''Positive'' in Leading Analyst Firms' Service Parts Planning MarketScope Report
LAKE BUENA VISTA, Fla.-(Business Wire)-January 28, 2008 - MCA Solutions' Service Planning and Optimization (SPO(TM)) solution suite received a "Positive" rating in Gartner's "MarketScope for Service Parts Planning (SPP), 4Q07."(1) "The strong focus that many industry analyst firms have on service...
New Report Examines Establishments Involved in Freight Transportation Arrangement in the US
DUBLIN, Ireland-(Business Wire)-January 28, 2008 - Research and Markets Real Growth Table Ratio Table Graphs Statistics Available: Revenue, Industry Gross Product, Enterprises, Establishments, Employment, Imports, Exports, Assets, Total Wages, Domestic Demand SEGMENTATION Products and Service...
U.S. Court of Appeals Lifts Stay on Record of Decision to Relocate Panama City Airport
PANAMA CITY, Fla.-(Business Wire)-January 28, 2008 - The Panama City - Bay County International Airport and Industrial District (Airport Authority) announced today that the United States Second Circuit Court of Appeals (Court) has vacated its stay that limited construction for the relocation of...
Industry Leaders to Present at 15th Annual FAA Registry & Aircraft Summit, February 4-5, 2008, Fort Lauderdale, FL
NEW YORK-(Business Wire)-January 28, 2008 - Now in its 15th year, this summit has a strong reputation for bringing together the industry's most widely recognized and experienced practitioners, dealmakers and advisors in a format that offers a substantive focus on the Cape Town Convention and its...
Cummins Filtration Enhances Capabilities Through Agreement with Elmarco, a Nanofiber Technology Company
NASHVILLE, Tenn.-(Business Wire)-January 28, 2008 - Cummins Filtration (NYSE:CMI), the leader in filtration, exhaust, coolant and chemical technology for all engine-powered systems, announced that it has entered into a cooperation agreement with Elmarco s.r.o, a Czech nanotechnology designer. The...
Andavo Travel and Christopherson Business Travel Announce Merger
DENVER & SALT LAKE CITY-(Business Wire)-January 28, 2008 - Andavo Travel and Christopherson Business Travel today announced a merger agreement between the two travel management firms. The combined operations form one of the largest travel management firms in the United States and the largest...
VRG Launches Flights to Madrid, Spain
SAO PAULO, Brazil, Jan. 28 PRNewswire-FirstCall — GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazilian airlines GOL Transportes Aereos S.A. ("GTA", Brazil's low-cost, low- fare airline) and VRG Linhas Aereas S.A. ("VRG", Brazil's premium...
Northwest Airlines Selects SolArc for Jet Fuel Management
HOUSTON-(Business Wire)-January 28, 2008 - SolArc, an innovative, market-focused software company with a proven solution that streamlines and automates the jet fuel supply chain, announced today that Northwest Airlines will implement SolArc RightAngle for managing the jet fuel supply, logistics...
Andy Stuart, Norwegian Cruise Line Executive, to Deliver Keynote at 2008 Boston Globe Travel Show Trade Conference
BOSTON-(Business Wire)-January 28, 2008 - Andy Stuart, executive vice president of marketing, sales and passenger service for NCL Corporation, will deliver the keynote address at the 2008 Boston Globe Travel Show. The luncheon keynote will take place on Friday, February 22, as part of the show's...
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