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Modern Transportation Reporter: Press Releases

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Press releases published on May 22, 2025

Le CN investira 165 M$ au Manitoba pour augmenter la capacité et stimuler une croissance durable

Le CN investira 165 M$ au Manitoba pour augmenter la capacité et stimuler une croissance durable

WINNIPEG, Manitoba, 22 mai 2025 (GLOBE NEWSWIRE) -- Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui son intention d’investir environ 165 M$ CA au Manitoba dans le cadre de son programme d’investissements en immobilisations pour 2025. Cet …

CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth

CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth

VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $615 million CAD in British Columbia, as part of its 2025 capital investment program. This investment will support …

Le CN investira 615 M$ en Colombie-Britannique pour augmenter la capacité et stimuler une croissance durable

Le CN investira 615 M$ en Colombie-Britannique pour augmenter la capacité et stimuler une croissance durable

VANCOUVER, 22 mai 2025 (GLOBE NEWSWIRE) -- Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui son intention d’investir environ 615 M$ CA en Colombie-Britannique dans le cadre de son programme d’investissements en immobilisations pour 2025. Cet …

VGTel, Inc. (OTC: VGTL) Signs Letter of Intent with Arizona Elementary School, Launching Youth-Focused Astronomy Pilot Program for Fall 2025

VGTel, Inc. (OTC: VGTL) Signs Letter of Intent with Arizona Elementary School, Launching Youth-Focused Astronomy Pilot Program for Fall 2025

LANDER, Wyo., May 22, 2025 (GLOBE NEWSWIRE) -- VGTel, Inc. (OTC: VGTL) is pleased to announce the signing of a Letter of Intent (LOI) with an elementary school in Arizona, officially launching its Youth Astronomy Pilot Program beginning in the Fall 2025 …

Atlas Air Worldwide Releases 2024 Sustainability Report

Atlas Air Worldwide Releases 2024 Sustainability Report

WHITE PLAINS, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (“Atlas” or the “Company”), the leading global provider of outsourced aviation logistics, today announced the release of its 2024 Sustainability Report. Atlas’ sixth …

ITS Logistics May Supply Chain Report: Carrier Exits Reach 12-Month High While New Authorities Jump 48% Month-Over-Month, Highlighting Excessive Market Turnover

ITS Logistics May Supply Chain Report: Carrier Exits Reach 12-Month High While New Authorities Jump 48% Month-Over-Month, Highlighting Excessive Market Turnover

RENO, Nev., May 22, 2025 (GLOBE NEWSWIRE) -- ITS Logistics released the May ITS Supply Chain Report, revealing that the ongoing down freight market combined with tariff volatility continues driving high market turnover. Carrier exits reached a 12-month …

Freight Technologies Announces 1-for-4 Reverse Share Split

Freight Technologies Announces 1-for-4 Reverse Share Split

HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-driven solutions, announced today that the board of …

Seanergy Maritime Announces the Date for the First Quarter Ended March 31, 2025 Financial Results, Conference Call and Webcast

Seanergy Maritime Announces the Date for the First Quarter Ended March 31, 2025 Financial Results, Conference Call and Webcast

Earnings Release: Tuesday, May 27, 2025, Before Market Open in New York Conference Call and Webcast: Tuesday, May 27, 2025, at 09:00 a.m. Eastern Time GLYFADA, Greece, May 22, 2025 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “ …

United Maritime Reports First Quarter 2025 Financial Results and Declares Quarterly Cash Dividend of $0.01 Per Share

United Maritime Reports First Quarter 2025 Financial Results and Declares Quarterly Cash Dividend of $0.01 Per Share

Highlights     (in million USD, except LPS)   Q1 2025 Q1 2024 Net Revenues   $7.8 $10.6 Net Loss   ($4.5) ($1.3) Adjusted Net Loss1   ($4.4) ($1.1) EBITDA1   $0.7 $3.5 Adjusted EBITDA1   $0.9 $3.7         Loss per share Basic and Diluted   ($0.52) ($0.15) …

Firefly Aerospace Adds UAE’s Rashid 2 Rover to Blue Ghost Mission to the Far Side of the Moon

Firefly Aerospace Adds UAE’s Rashid 2 Rover to Blue Ghost Mission to the Far Side of the Moon

CEDAR PARK, Texas, May 22, 2025 (GLOBE NEWSWIRE) -- Firefly Aerospace, the leader in end-to-end responsive space services, today announced a new agreement with the United Arab Emirates' Mohammed Bin Rashid Space Centre (MBRSC) to deliver the Emirates Lunar …

Volatus Aerospace Inc. Announces Shares-for-Debt Transaction

Volatus Aerospace Inc. Announces Shares-for-Debt Transaction

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A2JEQU) (“Volatus” or the “Company”), a leader in …

Bridger Aerospace Secures Record 120 Day Task Orders for Four of its Super Scoopers

Bridger Aerospace Secures Record 120 Day Task Orders for Four of its Super Scoopers

BELGRADE, Mont., May 22, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger”, “the Company” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that is has …

GXO extends longstanding partnership with bioMérieux

GXO extends longstanding partnership with bioMérieux

PARIS, France, May 22, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced a long-term contract renewal and extension with bioMérieux, a world leader in the field of In Vitro  …

CSW Industrials Reports Record Fiscal 2025 Fourth Quarter and Record Full Year Results

CSW Industrials Reports Record Fiscal 2025 Fourth Quarter and Record Full Year Results

DALLAS, May 22, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI or the "Company") today reported record results for the fiscal 2025 fourth quarter period ended March 31, 2025. Fiscal 2025 Fourth Quarter Highlights (comparisons to fiscal 2024 …

BingEx Limited Announces First Quarter 2025 Financial Results

BingEx Limited Announces First Quarter 2025 Financial Results

BEIJING, May 22, 2025 (GLOBE NEWSWIRE) -- BingEx Limited (the “Company”) (Nasdaq: FLX), a leading on-demand dedicated courier service provider in China (branded as “FlashEx”), today announced its unaudited financial results for the first quarter ended …

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