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GATX Corporation Announces Quarterly Dividend
CHICAGO--(BUSINESS WIRE)--The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.61 per common share, payable June 30, 2025, to shareholders of record on June 13, 2025. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE: GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwid...
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ArcBest Declares a $0.12/Share Quarterly Dividend
FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on May 9, 2025, payable on May 23, 2025. ABOUT ARCBEST ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 14,000 employees across 250 campuses and service centers, the company is...
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Global Partners Declares First-Quarter 2025 Cash Distribution of $0.7450 on Common Units
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that the Board of Directors of its general partner, Global GP LLC, has declared a cash distribution of $0.7450 per unit ($2.98 per unit on an annualized basis) on all of its outstanding common units from January 1, 2025 through March 31, 2025. The distribution will be paid on May 15, 2025 to unitholders of record as of the close of business on May 9, 2025. Non-U.S. Withholdin...
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World Kinect Corporation Announces Promotion of Ira M. Birns to President and John P. Rau to Chief Operating Officer
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that Ira M. Birns, currently EVP and Chief Financial Officer, has been promoted to President and will continue in his CFO role, and that John P. Rau, currently EVP of Global Aviation, Land and Marine, has been promoted to Chief Operating Officer. They will continue to report directly to Chairman and CEO Michael Kasbar. “Ira Birns and John Rau have demonstrated outstanding business leadership and operational capabilitie...
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PHINIA Reports First Quarter 2025 Results
AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2025. First Quarter Highlights: Net sales of $796 million, a decrease of 7.8% compared with Q1 2024. Excluding the decreases related to foreign currency and contract manufacturing agreements that ended in 2024, $16 million and $17 million, respectively, sales decreased $34 million or 4.1%, dr...
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World Kinect Corporation Reports First Quarter 2025 Results
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Gross profit of $230 million GAAP net loss of $21 million, or $0.37 per diluted share Adjusted net income of $27 million, or $0.48 per diluted share Generated $114 million of operating cash flow Repurchased $10 million of common stock Adjusted EBITDA of $80 million Year-Over-Year Segment Profitability Aviation – Gross profit of $116 million,...
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J. B. Hunt Transport Services, Inc. Announces Quarterly Dividend
LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.44 (forty four cents) per common share. The dividend is payable to stockholders of record on May 9, 2025 and will be paid on May 23, 2025. About J.B. Hunt J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral a...
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Union Pacific Reports First Quarter 2025 Results
OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) today reported 2025 first quarter net income of $1.6 billion, or $2.70 per diluted share. This compares to 2024 first quarter net income of $1.6 billion, or $2.69 per diluted share. “The team delivered a solid start to the year as we worked closely with our customers to meet their needs in an uncertain environment,” said Jim Vena, Union Pacific Chief Executive Officer. “Looking to the rest of 2025, we will continue to execute o...
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UbiRider Wins Trio of Awards from Global Banking & Finance News
PORTO, Portugal--(BUSINESS WIRE)--UbiRider, the innovator behind the UbiRider Platform, the only solution that seamlessly integrates transportation management, payment processing, and data analytics into a single system, today announced it has been honored with three prestigious awards from Global Banking & Finance News, further solidifying its position as a leader in transportation technology and payments innovation. The company has been recognized as: Best New Logistics and Transportation...
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Palliser Capital Calls for Immediate Action in Keisei’s Forthcoming D2 Plan and Board Reconfiguration with Palliser-Proposed Candidates at its AGM
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”), one of the largest shareholders of Keisei Electric Railway Co., Ltd. (9009 JT) (“Keisei” or the “Company”) with a shareholding over 4.5%, today published an open letter and detailed presentation ahead of the Company’s new Medium-Term D2 Plan and 2025 Annual General Meeting. Palliser’s letter to Kobayashi-CEO and the current Board calls on them to execute immediately on three measures to stem the ongoing tide of value destruction at Keisei,...