Industry News

Tennant Co has acquired the assets of it Mexico distributor Aguascalientes, Mexico-based industrial machinery distributor Dofesa Barrido Mecanizado S.A. de C.V., the company said. The transaction closed on 1 September 2016, and terms were not disclosed. Tennant completed the acquisition through its existing Mexican subsidiary, Tennant Sales and Services of Mexico."/>
US Cleaning Equipment Firm Tennant Acquires Mexican Distributor Dofesa
Nordson Corp. has acquired Ventura, California-based precision couplings and fittings maker LinkTech Quick Couplings, Inc., the company said. Terms of the deal were not disclosed. Founded in 2005 and employing 30 people, LinkTech will become part of the Nordson Medical product line within Nordson's Advanced Technology Systems segment."/>
Nordson Acquires California Couplings, Fittings Maker LinkTech Quick
Republic Airways Holdings Inc. announced today that it has reached an agreement with American Airlines that secures a long-term relationship between the two airlines and today has filed a motion for its approval in the United States Bankruptcy Court for the Southern District of New York. “This is a major milestone in our journey towards a..."/>
Republic Airways Holdings Inc. and American Airlines Reach Comprehensive Agreement on a Long-Term Commercial Relationship
AECOM. Investors who purchased or otherwise acquired shares between February 11, 2015 and August 15, 2016 are encouraged to contact the Firm in advance of the October 31, 2016 lead plaintiff motion deadline.. If you are a shareholder who suffered a loss during the Class Period, click here to participate."/>
INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against AECOM and Encourages Investors with Losses to Contact the Firm
Hub Group, Inc., as a top 10 third party logistics provider for 2016. This marks the 8 th consecutive year Unyson has been so honored by the publication. A list of this year's Excellence Survey winners, as well as information on the top 100 logistics solutions providers, is available on the..."/>
Inbound Logistics Names Hub Group A Top 10 3PL For 8th Consecutive Year
Huntington Ingalls Industries announced today the completion of the first round of sea trials for the guided missile destroyer John Finn. The Arleigh Burke- class ship, built at HII’ s Ingalls Shipbuilding division, spent three days in the Gulf of Mexico testing the ship’ s main propulsion system and other ship systems.. “The DDG 51 program has been the backbone of our shipyard for nearly three decades,” said Ingalls Shipbuilding President Brian Cuccias.“..."/>
VIDEO RELEASE--Ingalls Shipbuilding Completes First Set of Builder’s Trials for Destroyer John Finn (DDG 113)
ArcBest SM company, today announced it has acquired Logistics& Distribution Services, LLC, a private logistics and distribution company headquartered in Sparks, Nevada, effective today, in a transaction valued at $25.0 million, subject to normal post-closing adjustments. The transaction reflects cash consideration of $17.0 million paid at closing and an additional $8.0 million that will be held in escrow and released..."/>
ABF Logistics Acquires Logistics & Distribution Services, LLC
Tennant Co. scored a big week with acquisition news from Mexico and a high-profile debut at the U.S. The maker of larger and ridable floor cleaners and street sweepers announced Friday that it bought the assets of Mexican distributor Dofesa Barrido Mecanizado effective Sept. 1. The deal will give Tennant's Mexico operations a broader representation in key regions such as Mexico City, Monterrey, Guadalajara, and Puebla, officials said."/>
BRIEF: Tennant buys Mexican distributor, gets exposure at U.S. Open [Star Tribune (Minneapolis)]
Delta Air Lines reported Friday a $100 million hit to its revenue caused by the system outage last month. The Atlanta-based airline canceled about 2,300 flights in the wake of a power failure on Aug. 8 that was caused by misconfigurations of a backup power supply for its servers. About 300 of the airline's 7,000 servers weren't properly connected to the backup energy source."/>
System outage at Delta cost the airline $100 million in revenue [Star Tribune (Minneapolis)]
United gets OK to begin flights to Havana [Chicago Tribune]
Bombardier Inc. said Friday that the $500 million installment to the C Series Aircraft Limited Partnership was received on Thursday. As a result of the investment, Bombardier issued warrants that can be exercised to purchase 50 million Class B shares in the capital of Bombardier."/>
Quebec's C Series jet investment complete [The Wichita Eagle]
Alaska Air Group Inc. today reported August and year-to-date operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines, Inc., and for its regional flying operated by subsidiary Horizon Air Industries, Inc. and third-party regional carriers, SkyWest Airlines and PenAir. Detailed information is provided below. On a combined basis, Air Group reported a 9.0 percent increase in traffic on a..."/>
Alaska Air Group Reports August 2016 Operational Results
Spirit AeroSystems Inc. recognized 13 suppliers for superior performance at its annual supplier recognition banquet in Wichita. Awards were given in seven categories: Product Development Partner, Most Innovative Supplier, Strategic Partnering, Outstanding Domestic Supplier, Outstanding International Supplier, Superior Quality and Delivery, and Supplier of the Year. "Spirit cannot be successful meeting our customers' delivery requirements..."/>
Spirit AeroSystems Recognizes 13 Suppliers for Superior Performance
Spirit AeroSystems Inc. recognized 13 suppliers for superior performance at its annual supplier recognition banquet in Wichita. Awards were given in seven categories: Product Development Partner, Most Innovative Supplier, Strategic Partnering, Outstanding Domestic Supplier, Outstanding International Supplier, Superior Quality and Delivery, and Supplier of the Year. "Spirit cannot be successful meeting our customers' delivery..."/>
Spirit AeroSystems Recognizes 13 Suppliers for Superior Performance
Delta Air Lines will present at the Cowen and Company 9 th Annual Global Transportation Conference at 9:10 a.m. ET on Wednesday, September 7, 2016.. A live webcast of this event can be accessed via the internet at:. The online replay will be available at the same site shortly after the webcast is complete until October 7, 2016.."/>
Delta Air Lines to Present at Cowen and Company 9th Annual Global Transportation Conference
Lockheed Martin successfully demonstrated their UAV optimization technologies using aerial command and control of multiple unmanned aerial vehicles. The demonstration marks another successful milestone in the joint WUT-Lockheed Martin advanced applied research program on optimization of diverse fleets of aircraft, and concepts associated with manned-unmanned command and control of airborne platform..."/>
Warsaw University Of Technology Reaches "New Heights" In Unmanned Aerial Systems Optimization Research Partnership With Lockheed Martin
CNH Industrial announces senior appointment
Delta Air Lines reported Friday a $100 million hit to its revenue caused by the system outage last month. The Atlanta-based airline canceled about 2,300 flights in the wake of a power failure on Aug. 8 that was caused by misconfigurations of a backup power supply for its servers. The company announced the effects in a performance report it routinely issues at the start of a month."/>
BRIEF: System outage at Delta cost the airline $100 million in revenue [Star Tribune (Minneapolis)]

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