H&E Equipment Services, Inc. reports second quarter 2024 results
H&E Equipment Services, Inc. reported financial results for the second quarter that ended June 30, 2024, including further expansion of its branch network which now extends to 31 states. SECOND QUARTER 2024 SUMMARY WITH A COMPARISON TO SECOND QUARTER 2023 Revenues increased 4.5% to $376.3 million compared to $360.2 million. Net income was $33.3 million compared to $41.2 million. The effective income tax rate was 27.8% compared to...
Moderna Products quadruples its capacity for plastic pet supplies with an automated warehouse from Mecalux
The sustainable accessories manufacturer expects to double its sales amidst the expansion of an industry set to reach $500 billion by 2030. Its facilities in Izegem (Belgium) manage over 1,500 pallets daily, producing, storing, and distributing feeders, water bowls, and beds to more than 79 countries. logo. With the pet industry growing rapidly — projected to reach a value of $500 billion by 2030, according to Bloomberg — Moderna...
Women In Trucking Association names 2024 Top Woman-Owned Businesses in Transportation
Redefining the Road magazine, the official magazine of the Women In Trucking Association (WIT), announced the recipients of the 2024 “Top Woman-Owned Businesses in Transportation.” “There is a significant economic impact of woman-owned businesses,” said Brian Everett, group publisher and editorial director of Redefining the Road magazine. “In fact, in the United States alone, there are nearly 14 million woman-owned businesses,...
BSLBATT® relocates to new factory and triples production space to accelerate customer expansion
BSL New Energy Technology Co.. Ltd. (Brand: BSLBATT® ), an innovative high-tech company that designs and manufactures smart lithium-ion batteries (50% more efficient than similar products on the market) for industrial forklifts used in the warehousing and distribution industries, announced that it opened a new factory in Zhongkai, Huizhou on July 18, 2024 to complement its BSLBATT Global Fortune 500 and Top 100 customers with faster...
Queen City Robotics Alliance is Charlotte’s official host for the 2024 NASA Space Apps Challenge
This global event happens at The Zone October 5-6 Queen City Robotics Alliance announced that it has been selected as the Charlotte host for the 2024 NASA Space Apps Challenge in October. The event will take place at QCRA’s facility, The Zone, the weekend of October 5-6. The NASA International Space Apps Challenge is the world’s largest global hackathon. This two-day event on October 5-6 allows participants of all ages to use...
China Container market update – July 2024
Mixed signals from China’s shipping container trading and leasing markets Average container prices in China stabilize for the first time in 2024 Leasing rates from China to the US and Europe continue to surge in July Shanghai, China – July 23, 2024 Container xChange released its latest monthly China market update, revealing that the average container prices in China have held steady in July for the first time in 2024. Chart 1:...
AAR reports Rail Traffic for the week ending July 20, 2024
The Association of American Railroads (AAR) reported U.S. rail traffic for July 20, 2024. This week’s total U.S. weekly rail traffic was 480,083 carloads and intermodal units, up 1.4 percent compared with the same week last year. Total carloads for the week ending July 20 were 214,348, down 3.4 percent from the same week in 2023, while the U.S. weekly intermodal volume was 265,735 containers and trailers, up 5.8 percent from...
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