Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Transportation Daily Observer.
Leading IP Law Firm Leason Ellis Moves to World-Class Gateway Building on June 23rd
EIN Presswire
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June 16, 2025
Leading Intellectual Property Law Firm Leason Ellis LLP Moves to the Gateway Building in White Plains, New York on June 23rd WHITE PLAINS, NY, UNITED STATES, June 16, 2025 /EINPresswire.com/ -- On Monday, June 23, 2025, intellectual property law...
Turkish Global Railway Partners with China Railway
MENAFN
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May 28, 2025
(MENAFN) Turkish global railway logistics provider Pasifik Eurasia is partnering with China Railway to rejuvenate transportation via the Middle Corridor, following a high-level diplomatic meeting held in Beijing on May 23. The collaboration...
China-Backed Highway in Saudi Arabia Unveils Partial Launch
MENAFN
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May 28, 2025
(MENAFN) A significant development has been achieved in Saudi Arabia’s Eastern Province with the partial opening of the Jubail TS-8 Highway, a major infrastructure project built by China Railway 18th Bureau Group (Saudi Arabia). Stretching 16.8...
Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2025
GlobeNewswire, Inc.
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May 27, 2025
ATHENS, Greece, May 27, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $29.4 million and net income...
Diana Shipping Inc. Announces Time Charter Contracts for m/v Philadelphia With Refined Success and m/v Phaidra With SwissMarine
GlobeNewswire, Inc.
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May 27, 2025
ATHENS, Greece, May 27, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate...
Automotive Electronics Market to Hit USD 424 Billion by 2035 as EVs & Smart Cars Drive Growth
EIN Presswire
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May 28, 2025
Global automotive electronics market grows with EV adoption, connected vehicles. Innovation focuses on safety, efficiency, and autonomous driving solutions. NEWARK, DE, UNITED STATES, May 28, 2025 /EINPresswire.com/ -- The global automotive...
Permitting heavy loads on state highways is no easy task
Arizona Department of Transportation
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May 27, 2025
PHOENIX – Transporting a giant World War II-era seaplane from Lake Pleasant to the Pima Air and Space Museum in Tucson required detailed planning to protect state and local roadway infrastructure and to minimize inconvenience for other drivers....
Rail Brace Market to Hit USD 95.1 Billion by 2035 Driven by Infrastructure Growth and Rising Safety Standards
EIN Presswire
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June 16, 2025
Rail brace market set for steady growth, fueled by global rail expansions and increased focus on safety and efficiency. NEWARK, DE, UNITED STATES, June 16, 2025 /EINPresswire.com/ -- The global rail brace market is projected to grow from USD...
Joby Aviation Announces Closing of $250 Million Investment
Business Wire
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May 27, 2025
Joby Aviation, Inc. (Joby; NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor...
New fuel cell could enable electric aviation
MIT Climate Portal - Massachusetts
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May 27, 2025
David L. Chandler Batteries are nearing their limits in terms of how much power they can store for a given weight. That’s a serious obstacle for energy innovation and the search for new ways to power airplanes, trains, and ships. Now, researchers...
Overnight closures planned for Highway 1 through Fraser Canyon
British Columbia Government News
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May 27, 2025
CANADA, May 27 - Drivers are advised of three overnight closures of Highway 1 between Lytton and Spences Bridge to accommodate construction of the new bridge over the Canadian Pacific Kansas City (CPKC) railway. The closures are necessary to...
Hello Chauffeur Limo Launches Premium Chauffeur & Car Rental Services Across Key Saudi Cities
EIN Presswire
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May 27, 2025
Experience premium chauffeur & car rental services across KSA with Hello Chauffeur Limo. Serving Jeddah, Riyadh & Dammam with luxury, reliability, and comfort. RIYADH, RIYADH, SAUDI ARABIA, May 27, 2025 /EINPresswire.com/ -- Hello Chauffeur...
Maryland State Police Aviation Command Rescues Injured Kayaker in Garrett County, Injured Hiker in Frederick County Over Memorial Day Weekend
Maryland State Police
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May 27, 2025
May 27, 2025 (PIKESVILLE, MD) – Over Memorial Day weekend, Maryland State Police Aviation Command (MSPAC) performed two aerial hoist rescues to transport an injured hiker in Frederick County and an injured kayaker in Garrett County. On May 25 at...
Greece Indicts Seventeen Coastguards in Pylos Catastrophic Shipwreck
MENAFN
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May 27, 2025
(MENAFN) A news outlet has reported that 17 officers from Greece's Hellenic Coast Guard, including the commanding officer of the LS-920 patrol vessel, are now facing formal charges related to the catastrophic 2023 shipwreck off Pylos—a maritime...
Geopolitical Tensions Lead to Increasing Risks for Shipping Sector Globally
Business Wire
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May 27, 2025
The fast-changing geopolitical landscape is creating new risks and challenges for a shipping industry already juggling the energy transition and the legacy of the Covid-19 pandemic, according to Allianz Commercial’s Safety and Shipping Review. The...
Lufthansa Flight Reverses Course, Returns to Frankfurt Amid Bomb Threat
MENAFN
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June 16, 2025
(MENAFN) A Lufthansa flight bound for Hyderabad, India, abruptly reversed course and returned to Frankfurt Airport Sunday evening after authorities received a bomb threat, German police confirmed Monday. Flight LH752, operated by a Boeing 787-9...
Hydrogen Aviation: The Path to Net-Zero Emissions by 2050 - ResearchAndMarkets.com
Business Wire
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May 27, 2025
The "Hydrogen Infrastructure for Aviation - Market and Technology Forecast to 2033" report has been added to ResearchAndMarkets.com's offering. The aviation industry faces increasing pressure to reduce its environmental impact, and hydrogen has...
America’s Car-Mart Kicks Off Annual Community Fan Drive
GlobeNewswire, Inc.
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May 27, 2025
For more information, contact Media.Relations@Car-Mart.com ROGERS, Ark., May 27, 2025 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (Nasdaq: CRMT) announced its annual Community Fan Drive, a company tradition conducted every May and June. For over...
Greek Coastguards Face Charges Over Shipwreck
MENAFN
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May 27, 2025
(MENAFN) Seventeen individuals from Greece's Hellenic Coast Guard have been formally accused in connection with the 2023 Pylos shipwreck, considered one of the gravest maritime tragedies involving migrants in the Mediterranean in recent years....
Vertical Aerospace Makes Aviation History with Piloted eVTOL Flight in Open Airspace
Business Wire
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May 27, 2025
Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, today announced it has made European aviation history with the first-ever piloted wingborne flight of a winged electric...