Kinston Railroad Commences Rail Operations

JOPLIN, Mo., Aug. 3, 2022 /PRNewswire/ — Kinston Railroad (KNR), a wholly owned subsidiary of Jaguar Transport Holdings (Jaguar), began rail operations on Aug. 1. KNR acquired leasehold rights to approximately 6 miles of track owned by the N.C. Department of Transportation (NCDOT). The railroad will interchange with Norfolk Southern in Kinston, N.C., and terminates… Continue reading Kinston Railroad Commences Rail Operations

Stoneridge Reports Second-Quarter 2022 Results

MIRROREYE OEM TAKE RATES REMAIN STRONGER THAN ORIGINAL EXPECTATIONS WITH INCREASED OUTLOOK FOR 2023 SECOND-QUARTER PERFORMANCE IMPACTED BY FX HEADWINDS 2022 Second-Quarter Results Sales of $220.9 million Adjusted sales of $205.7 million Gross profit of $38.6 million (18.7% of adjusted sales) Excluding unfavorable impact of foreign currency vs. Q1, adjusted gross margin of 19.7% Operating… Continue reading Stoneridge Reports Second-Quarter 2022 Results

ROSHN signs agreement to sponsor and rename Jeddah Waterfront

The agreement includes renaming the waterfront “ROSHN Waterfront” The Waterfront includes 7 different entertainment areas stretching over a distance of 4 km RIYADH and JEDDAH, Saudi Arabia , Aug. 3, 2022 /PRNewswire/ — In the presence of His Excellency the Mayor of Jeddah, Mr. Saleh bin Ali Al-Turki, ROSHN, the national real estate developer wholly owned… Continue reading ROSHN signs agreement to sponsor and rename Jeddah Waterfront

Copa Holdings Reports Financial Results for the Second Quarter of 2022

Adjusted Net Profit for the second quarter came in at US$13.2 million, or Adjusted EPS of US$0.32 PANAMA CITY, Panama, Aug. 3, 2022 /PRNewswire/ — August 3, 2022.  Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the second quarter of 2022 (2Q22). The terms “Copa Holdings” and the “Company” refer to the consolidated… Continue reading Copa Holdings Reports Financial Results for the Second Quarter of 2022

Booking Holdings Reports Financial Results for 2nd Quarter 2022

NORWALK, Conn., Aug. 3, 2022 /PRNewswire/ — Booking Holdings Inc. (NASDAQ: BKNG) today reported its 2nd quarter 2022 financial results. Second quarter gross travel bookings for Booking Holdings Inc. (the “Company,” “Booking Holdings,” “we,” “our,” or “us”), which refers to the total dollar value, generally inclusive of taxes and fees, of all travel services booked… Continue reading Booking Holdings Reports Financial Results for 2nd Quarter 2022

Rising Prices, Manufacturing Activity to Drive US Shipments of Transport Equipment

Supply chain issues, fuel costs will weigh on shipments in near term CLEVELAND, Aug. 3, 2022 /PRNewswire/ — Shipments of transport equipment from facilities in the US are forecast to rise 6.4% annually in nominal terms through 2026, according to Transport Equipment: United States, a report recently released by Freedonia Focus Reports. In inflation-adjusted terms,… Continue reading Rising Prices, Manufacturing Activity to Drive US Shipments of Transport Equipment

KAR Global Announces Participation in Upcoming Investor Conference

CARMEL, Ind., Aug. 3, 2022 /PRNewswire/ — KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced its participation in the following investor conference: J.P. Morgan 2022 Auto Conference KAR’s Chief Financial Officer Eric Loughmiller and Treasurer and Vice President Investor Relations Mike Eliason will… Continue reading KAR Global Announces Participation in Upcoming Investor Conference

AMERCO REPORTS FIRST QUARTER FISCAL 2023 FINANCIAL RESULTS

RENO, Nev., August 3, 2022 /PRNewswire/ — AMERCO (Nasdaq: U HAUL), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its first quarter ended June 30, 2022, of $334.0 million, or $17.03 per share, compared with net earnings… Continue reading AMERCO REPORTS FIRST QUARTER FISCAL 2023 FINANCIAL RESULTS

Modine Reports First Quarter Fiscal 2023 Results

Strategic transformation well underway, unlocking value through 80/20 initiatives and driving growth and margin expansion RACINE, Wis., Aug. 3, 2022 /PRNewswire/ — Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2022. First Quarter Highlights: Net sales of $541.0… Continue reading Modine Reports First Quarter Fiscal 2023 Results

MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS

CHATTANOOGA, Tenn., Aug. 3, 2022 /PRNewswire/ — Miller Industries, Inc. (NYSE: MLR) (the “Company”) today announced financial results for the second quarter ended June 30, 2022. For the second quarter of 2022, net sales were $201.5 million, an increase of 11.2%, compared to $181.2 million for the second quarter of 2021. Net income in the… Continue reading MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS