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Modern Transportation Reporter: Press Releases

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Press releases published on April 23, 2025

TFI International communique ses résultats du premier trimestre 2025

TFI International communique ses résultats du premier trimestre 2025

Le bénéfice opérationnel du premier trimestre de 114,6 M$ se compare à celui de 151,6 M$ au trimestre correspondant de l’exercice précédent. Le bénéfice net du premier trimestre de 56,0 M$ se compare à celui du premier trimestre de 2024 de 92,8 M$, tandis …

Covenant Logistics Group Announces First Quarter 2025 Financial and Operating Results

Covenant Logistics Group Announces First Quarter 2025 Financial and Operating Results

CHATTANOOGA, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NYSE: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the first quarter ended March 31, 2025. The Company’s conference call to …

Instro AI Solutions and AMRC Cymru Invite UK Manufacturers to Unlock New Efficiencies Through Innovation Funded AI trials

Instro AI Solutions and AMRC Cymru Invite UK Manufacturers to Unlock New Efficiencies Through Innovation Funded AI trials

Applicants will be selected to receive AI chat-like support for site engineers based on their organisational data and materials. The trials will assess the real business benefits of AI in areas such as machine troubleshooting and customer service …

Saudia Group Signs Deal with Airbus to Acquire up to 20 Wide-Body Aircraft

Saudia Group Signs Deal with Airbus to Acquire up to 20 Wide-Body Aircraft

TOULOUSE, France, April 23, 2025 (GLOBE NEWSWIRE) -- Saudia Group announced a new aircraft deal with Airbus to enhance its fleet by adding up to 20 new wide-body A330neo aircraft, 10 of which are firm orders for flyadeal, the Group’s low-cost carrier. …

B&H Worldwide Completes First Helicopter Transport for Pacific Aircraft Services

B&H Worldwide Completes First Helicopter Transport for Pacific Aircraft Services

B…

Enchampion matures the GaAs solar panel solution with best cost and performance for space applications

Enchampion matures the GaAs solar panel solution with best cost and performance for space applications

MUNICH, GERMANY, April 23, 2025 /⁨EINPresswire.com⁩/ -- With years of technical and cost optimization, Enchampion Aerospace Technology turns its low-cost triple junction GaAs solar panel solution into an ideal solution for satellite and other space …

ITS Logistics April Supply Chain Report: Uncertainties in Global Supply Chains Could Derail Freight Market Recovery in 2025

ITS Logistics April Supply Chain Report: Uncertainties in Global Supply Chains Could Derail Freight Market Recovery in 2025

RENO, Nev., April 23, 2025 (GLOBE NEWSWIRE) -- ITS Logistics released the April ITS Supply Chain Report. This month, the report confirms that tariff uncertainties continue to drive volatility in cross-border operations and drayage markets. Most major ports …

Sun Country Airlines Will Hold Its First Quarter 2025 Earnings Conference Call May 2

Sun Country Airlines Will Hold Its First Quarter 2025 Earnings Conference Call May 2

MINNEAPOLIS, April 23, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) will hold its first quarter 2025 earnings call on Friday, May 2 at 8:30 a.m. Eastern Time.   To access the live call and subsequent replay, interested investors and other …

Firefly Aerospace Awarded AFRL Contract to Develop Ceramic Matrix Composite Rocket Engine Nozzle Extension

Firefly Aerospace Awarded AFRL Contract to Develop Ceramic Matrix Composite Rocket Engine Nozzle Extension

Built with lightweight composite material, nozzle extensions will lower costs, improve performance, and accelerate rocket engine production CEDAR PARK, Texas, April 23, 2025 (GLOBE NEWSWIRE) -- Firefly Aerospace, the leader in end-to-end responsive space …

Riyadh Air Sets High Safety Standards for Pilot Training by Selecting CEFA Aviation’s FAS

Riyadh Air Sets High Safety Standards for Pilot Training by Selecting CEFA Aviation’s FAS

COLMAR, FRANCE, April 23, 2025 /⁨EINPresswire.com⁩/ -- Riyadh Air, Saudi Arabia’s premier new flag carrier, has selected CEFA Aviation, a leading provider of flight data animation solutions, to provide its CEFA FAS (Flight Animation System) software to …

ITF Group Expands Drop Trailer Program to 2000 Trailers in Effort to Prevent Freight Fraud

ITF Group Expands Drop Trailer Program to 2000 Trailers in Effort to Prevent Freight Fraud

HAZELWOOD, Mo., April 23, 2025 (GLOBE NEWSWIRE) -- In the middle of a freight fraud surge that has rocked the logistics industry, ITF Group is doubling down on security and expanding its nationwide drop trailer program to offer safer, faster, and more …

Icon Energy Corp. Reports Financial Results for the Year Ended December 31, 2024, and Declares Cash Dividend of $0.07 per Common Share

Icon Energy Corp. Reports Financial Results for the Year Ended December 31, 2024, and Declares Cash Dividend of $0.07 per Common Share

ATHENS, Greece, April 23, 2025 (GLOBE NEWSWIRE) -- Icon Energy Corp. (“Icon” or the “Company”) (Nasdaq: ICON), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing …

Marotta Controls Returns to the Moon with the Firefly Aerospace Blue Ghost Lunar Lander

Marotta Controls Returns to the Moon with the Firefly Aerospace Blue Ghost Lunar Lander

MONTVILLE, N.J., April 23, 2025 (GLOBE NEWSWIRE) -- Marotta Controls, a longstanding aerospace and defense innovator, today announced its critical role in Firefly Aerospace’s Blue Ghost lunar lander, which successfully touched down on the Moon on March 2, …

Rekor Systems to Announce First Quarter Fiscal 2025 Results

Rekor Systems to Announce First Quarter Fiscal 2025 Results

COLUMBIA, Md., April 23, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor "or the" Company "), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will release its financial …

GXO and Revelyst Extend and Expand Their Partnership in The Netherlands

GXO and Revelyst Extend and Expand Their Partnership in The Netherlands

GXO to manage four additional brands in the Eindhoven site New contract brings longstanding partnership to more than a decade EINDHOVEN, The Netherlands, April 23, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc., (NYSE: GXO), the world’s largest pure-play …

OceanPal Inc. Announces Receipt of Nasdaq Notice

OceanPal Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, April 23, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received written notification from The Nasdaq Stock Market (“ …

Mullen Group Ltd. Reports 2025 First Quarter Financial Results

Mullen Group Ltd. Reports 2025 First Quarter Financial Results

OKOTOKS, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation"), one of Canada's largest logistics providers today reported its financial and operating results for the period ended …

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