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GXO Announces Third Quarter 2021 Results

Highlights Thirdquarterrevenueof$2.0billion,up24.6%fromthethirdquarter2020,netincomeof$72million,and adjustedEBITDAof $163 millionGenerated$105millionofcashflowfromoperatingactivitiesandfreecashflowof$50millioninthethirdquarter, equivalentto 31%of adjustedEBITDANewcustomerwinsexpectedtohavea2022incrementalrevenueimpactofapproximately$700millionE-commerce,...
Nasdaq GlobeNewswire
01/11/2021

China-SCO Local Economic Cooperation Demonstration Zone in Qingdao ushers in the…

The China-SCO local economic cooperation demonstration zone will run the fund in collaboration with Sino-Russian Energy Investment Private Equity Fund Management (Qingdao) Co Ltd. At the forum, it also signed agreements with Kazakhstan's Astana International Financial Centre, CICC Capital and other domestic and overseas capital management organizations to launch cooperation in promoting cross-border capital flows. The China-SCO local economic cooperation demonstration zone will run the fund…
PR Newswire
01/11/2021

Applied Underwriters, Joined by Former PartnerRe Team, Launch Aerospace Program…

Applied Underwriters Aerospace benefits from PartnerRe's established program, experienced insurance staff, and Applied's 'A' rated North American Casualty Company as the issuing carrier. Philippe Meyenhofer, CEO Specialty Lines for PartnerRe said: "We are pleased to have found a strong platform on which the D&F Space Team can continue to operate and grow. PartnerRe remains fully committed to supporting Applied's business by way of providing treaty reinsurance and will explore future…
PR Newswire
01/11/2021

Eimskip: Major shareholder announcement from Stapi

Please see attached major shareholder announcement. Attachment Eimskip 1nóv21
Nasdaq GlobeNewswire
01/11/2021

Yadea Launches New Y1S Electric Two-Wheeler Designed for Enterprises

The two detachable, lightweight dual-connected batteries offer large battery capacity, and the vehicle also allows for two intelligent charging modes – direct from the vehicle or charging from the battery base, so riders can go further for more convenient operation. At the same time, Yadea's intelligent Battery Management System (BMS) ensures a safer ride with protection against overcurrent, overheating, overcharging, short-circuiting, and more. The two detachable, lightweight dual-connected...
PR Newswire
01/11/2021

Nordic American Tankers Ltd (NYSE: NAT) – Update to shareholders

Dear Shareholders and Investors, Tanker markets have been down in 2021. This was also the case for the third quarter. There are now improved conditions for our Suezmax vessels. During the last two weeks, we have concluded contracts reflecting this.We wish to share the following with you: 1. Improving market conditions We are concluding contracts almost daily for individual vessels in our 25 ship fleet. The shortest duration last week is for an inter-European voyage for about...
Nasdaq GlobeNewswire
01/11/2021

APG, GIP And AustralianSuper Have Agreed To Acquire A 37.4% Stake In Peel Ports…

Mark Whitworth, CEO of Peel Ports Group, said: "Peel Ports Group has been at the forefront of the industry for over a decade in its delivery of growth and transformational infrastructure projects, which includes Liverpool's L2 container terminal, the UK's only "Northern" deep sea gateway. The ambitious partnership between shareholders and management has been a cornerstone of the Company's success and we look forward to building on those achievements with our new like-minded…
PR Newswire
01/11/2021

DSV, 927 - SHARE BUYBACK IN DSV A/S

Company Announcement No. 927 On 26 October 2021, we initiated a share buyback programme, as described in Company Announcement No. 925. According to the programme, the company will in the period from 26 October 2021 to 8 February 2022 purchase own shares up to a maximum value of DKK 5,000 million and no more than 5,000,000 shares, corresponding to 2.08% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014...
Nasdaq GlobeNewswire
01/11/2021

Flex LNG - Employment and Market Update Presentation November 1, 2021

November 1, 2021 Employment and Market Update Presentation With reference to the stock exchange announcement made today regarding the two new Time Charter Agreements for Flex Courageous and Flex Resolute, please find attached a presentation of the fleet employment status and a market update. The presentation is also available on our websitewww.flexlng.com For further information, please contact: Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management AS Telephone: ...
Nasdaq GlobeNewswire
01/11/2021

Flex LNG - Announcement Time Charter Agreements for Flex Courageous and Flex…

November 1, 2021 Flex LNG agrees Time Charter Agreements for Flex Courageous and Flex Resolute Flex LNG Ltd (“Flex LNG” or the “Company”) (NYSE/OSE: FLNG), has agreed two Time Charter Agreements (“TC”) with a minimum firm period of three (3) years for each of its two existing LNG carriers, Flex Resolute and Flex Courageous. The Charterer, an Energy Major, will have the option to extend each ship by two additional two-year periods bringing the total period to seven (7) years under each of...
Nasdaq GlobeNewswire
01/11/2021

Shanghai Electric Announces New Metro Train Turnback Time Record Achieved Using…

A solution tailored to the needs of Chinese markets and users, the TST-developed TSTCBTC®20 is a disruption-free mobile blocking system with high operational efficiency and low cost. It can drastically boost the departure density of metro trains and help them operate at the highest speed, bringing the efficiency of metro lines to a maximum level. A solution tailored to the needs of Chinese markets and users, the TST-developed TSTCBTC ® 20 is a disruption-free mobile blocking system with high...
PR Newswire
29/10/2021

Six Out of Every Ten Ariel Work Platform Sold Worldwide is Reported From Asia…

NEW YORK, Oct. 29, 2021 /PRNewswire/ -- As per the latest data released by Fact.MR, a leading market research and competitive intelligence provider, the aerial work platforms (AWPs) market is estimated to reach US$ 9.3 Bn in 2021. With increasing focus on infrastructural expansion worldwide, the overall market is projected to expand at 6% CAGR between 2021 and 2031, surpassing a valuation of US$ 16.6 Bn by the end of 2031. NEW YORK,Oct. 29, 2021/PRNewswire/ -- As per the latest data...
PR Newswire
29/10/2021

UBIQ Aerospace and Insitu join forces to "winterize" the Integrator UAS

Atmospheric icing has long been one of the great inhibitors to UAS operations because most UAS platforms are designed for warmer climates and lack the SWAP for traditional anti-icing or de-icing equipment. Atmospheric icing has long been one of the great inhibitors to UAS operations because most UAS platforms are designed for warmer climates and lack the SWAP for traditional anti-icing or de-icing equipment. According to Kim Lynge Sørensen, UBIQ Aerospace co-founder and CEO, "Our…
PR Newswire
28/10/2021

Revolutionary autonomous cargo transportation company, Evocargo inks agreement…

The two parties will be showcasing Evocargo's autonomous vehicle during the Dubai World Congress for Self-Driving Transport and announce their cooperation and intention to explore future testing of Autonomous Logistics in Dubai on October 27th, 2021. The two parties will be showcasing Evocargo's autonomous vehicle during the Dubai World Congress for Self-Driving Transport and announce their cooperation and intention to explore future testing of Autonomous Logistics inDubaion October 27th…
PR Newswire
28/10/2021

Royal Caribbean Group Announces "Destination Net Zero" -- Program to Achieve Net…

"Decades ago, we set out on a course to advance sustainability; our vision now is to realize carbon-free cruising over the next two decades," said Richard Fain, chairman and CEO, Royal Caribbean Group. "Today we are announcing the most important destination of all in our company's history – Destination Net Zero – an ambitious strategy to cut emissions, protect our oceans, and ensure the viability of the hundreds of destinations that our guests and crew members care deeply…
PR Newswire
28/10/2021

Investors Double Down on Rad Power Bikes with $154 Million Investment, Making it…

"I built my first ebike in my garage 15 years ago. Since then I've been on a mission to get as many people on ebikes as possible because of the countless ways they improve people's lives," said Mike Radenbaugh, CEO and Founder, Rad Power Bikes. "We believe in practical and utilitarian ebikes for the masses, which has led us to creating entirely new categories of ebikes, and drives our accessible pricing, inclusive product design, and industry-pioneering direct-to-consumer sales…
PR Newswire
28/10/2021

Invitation to teleconference / audio transmission

Presiding: Kim Ullman, CEOMartin Nerfeldt, CFO Presiding: Kim Ullman, CEO Martin Nerfeldt, CFO The teleconference will be available at: UK: +443333009031 SE: +46850558374 US: +16467224902 To access the audio transmission, please click on the link below:https://tv.streamfabriken.com/concordia-maritime-q3-2021 Questions can be posed verbally via the teleconference, or in writing via the audio transmission. Participants will subsequently also have the opportunity to...
PR Newswire
28/10/2021

Autofleet Closes Oversubscribed $20 Million Series B

AI-based fleet management software improves efficiency of existing fleet operations and enables fleet owners to access expanding on-demand mobility services Autofleet, a leading optimization platform for fleet owners and operators today announced it has closed its oversubscribed $20 million Series B round of funding. The round was led by Keyframe Capital and includes new investments from Fujitsu Ventures Limited (Fujitsu) and The Goodyear Tire & Rubber Company (Goodyear). Existing...
Nasdaq GlobeNewswire
28/10/2021

Zoomlion Releases World's Largest Top-Slewing Tower Crane, Leading the Era of…

The key technologies of building super-large tower cranes are complex with high requirements of safety and reliability. Zoomlion has taken on the challenges of technological innovation and manufacturing requirements to venture into the unknown and set new records. The key technologies of building super-large tower cranes are complex with high requirements of safety and reliability. Zoomlion has taken on the challenges of technological innovation and manufacturing requirements to venture into...
PR Newswire
28/10/2021

Communication-Based Train Control System Demand to Accelerate at 11.5% CAGR as…

NEW YORK CITY, Oct. 27, 2021 /PRNewswire/ -- As per Fact.MR, the global communication-based train control (CBTC) system market is poised to surpass US$ 3.2 Bn in 2020. Increasing use of railway transportation as a time-saving, low-cost, and safe transportation option is anticipated to drive the market. NEW YORK CITY,Oct. 27, 2021/PRNewswire/ -- As per Fact.MR, theglobal communication-based train control (CBTC) system market is poised to surpassUS$ 3.2 Bnin 2020. Increasing use of...
PR Newswire
27/10/2021

Narrow Body Aircraft Refurbishing to Create Over US$ 1.8 Bn Incremental…

- Retrofit Fitting to Remain the Most Preferred in Aircraft Refurbishing Market - Fact.MR's latest report on aircraft refurbishing market offers detailed analysis on key drivers, restraints, and opportunities affecting growth through 2031. It studies the latest trends driving the demand across leading segments in terms of fitting type, aircraft type and refurbishing type. The report also provides insights into the marketing strategies and steps taken by the companies to retain strengthen… ...
PR Newswire
27/10/2021

Aircraft Gearbox Market worth $3.6 billion by 2026 - Exclusive Report by…

Based on End User, the OEM segment is projected to grow at the highest CAGR during the forecast period. Based on End User, the OEM segment is projected to grow at the highest CAGR during the forecast period. The OEM segment is expected to lead the aircraft gearbox market inNorth Americaduring the forecast period, owing to the presence of leading aircraft manufacturers such as Boeing. An increase in aircraft orders, as well as deliveries and an increase in passenger traffic, are the...
PR Newswire
27/10/2021

Transportation Management Systems Market Size Worth $27.48 Billion By 2028…

Read 150 page market research report, "Transportation Management Systems Market Size, Share & Trends Analysis Report By Deployment, By Mode of Transportation Roadways, Railways, Waterways, Airways), By End Use, By Region, And Segment Forecasts, 2021 - 2028", by Grand View Research Read 150 page market research report, " Transportation Management Systems Market Size, Share & Trends Analysis Report By Deployment, By Mode of Transportation Roadways, Railways, Waterways…
PR Newswire
27/10/2021

SOCAR Trading Collaborates with Windward to Enhance Sanctions Compliance and Due…

As part of the national oil company of Azerbaijan, SOCAR Trading has a presence across the entire value chain, with assets and activity in exploration and production, pipelines and exports, refining and petrochemicals, logistics and wholesale, and retail and distribution. The company owns and charters crude and product tankers and receives cargo from third-party vessels. Against the backdrop of an increasingly complex sanctions environment, the evolving expectations of regulators and financiers…
PR Newswire
27/10/2021
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