Industry News

United Parcel Service pilots overwhelmingly ratified a new five-year labor contract that includes an immediate pay hike of 14.65 percent and a 3 percent annual wage increase through Sept. 1, 2021, the company and the pilots' union said Wednesday. The agreement, which covers 2,579 pilots, is effective Thursday and includes a $60,000 signing bonus in place of retroactive pay for captains and $40,000 for first officers, plus improved pension benefits."/>
UPS pilots approve new pact [The Philadelphia Inquirer]
Greenbrier Companies, Inc. will be presenting on Wednesday, September 7, 2016, at the Cowen and Company 9 th Annual Global Transportation Conference to be held in Boston, MA. The presentation will be webcast live, beginning at 10:20 am EDT, on Wednesday, September 7, 2016. Listeners can access the webcast at the Greenbrier website at www.gbrx.com."/>
Greenbrier to webcast presentation at the Cowen and Company 9th Annual Global Transportation Conference
Textron prepares to eliminate jobs and consolidate facilities, the company said the changes are not expected to impact its approximately 268 employees in Rhode Island. The closest facility to be affected is the Textron Systems facility in Wilmington, Mass., spokesman David Sylvestre told The Providence Journal. Textron, which reported $13.4- billion in revenue last year and employs 35,000 people worldwide, has not disclosed and is still..."/>
Textron job cuts will not impact Rhode Island, company says [The Providence Journal, R.I.]
Spirit Airlines is bringing its ultra-low fares to Cuba’ s capital city. Beginning December 1, 2016, Spirit will offer twice-daily service to Havana’ s José Martí International Airport from the Fort Lauderdale-Hollywood International Airport. Spirit’ s service between Fort Lauderdale and Havana is subject to the receipt of Cuban government approval.."/>
Havana-Bound! Spirit Airlines Brings Ultra-Low Fares to Cuba
Advanced Drainage Systems, Inc., a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it anticipates filing its Annual Report on Form 10- K for the fiscal year ended March 31, 2016 on or about September 15, 2016.. Upon the filing of its Form 10- K for..."/>
Advanced Drainage Systems Provides Update on Timing for Filing Fiscal 2016 10-K
CLARCOR Inc. said today it will release financial results for the third quarter of its 2016 fiscal year on Wednesday, September 14, 2016, after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast the following morning, Thursday, September 15, 2016, at 10:00 a.m., Central Time, to discuss operating results and provide a business update. To listen to the call via the Internet, go to CLARCOR’ s website at..."/>
CLARCOR to Release Third Quarter Financial Results on Wednesday, September 14, 2016
Southwest Airlines Co. has been invited to speak at the Cowen and Company 9 th Annual Global Transportation Conference. Cowen and Company will be webcasting the audio presentation live, and a link to the webcast will be made available via the Investor Relations homepage on the Southwest Airlines website. Details of the audio webcast are as follows:."/>
Southwest Airlines to Present at the Cowen and Company 9th Annual Global Transportation Conference
Rolls-Royce. AFA's mission to encourage education in Aerospace Education and STEM, the Teacher of the Year program ensures America's aerospace excellence by supporting the teachers that carry out that mission in the classroom. "Greg's longstanding commitment to STEM education..."/>
AFA Announces 2016 National Teacher of the Year, Rolls-Royce Named Exclusive Program Sponsor
DOT awards routes from U.S. to Havana [The Miami Herald]
Allegion plc, a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.12 per ordinary share of the company. The dividend is payable on September 30, 2016, to shareholders of record on September 15, 2016.. Allegion is a global pioneer in safety and security, with leading brands like CISA ®, Interflex ®, LCN ®, Schlage ®, SimonsVoss ® and Von Duprin ®."/>
Allegion Declares Quarterly Dividend
Herc Holdings Inc. announced today that Larry Silber, president and chief executive officer, will participate in a“ fireside chat” at the RBC Capital Markets Global Industrials Conference in Las Vegas on Wednesday, September 7, 2016. To listen to the live webcast, which is scheduled to start at 4:20 p.m. EDT/ 1:20 p.m. PDT, visit the Events and Presentations tab of the Investor Relations section of the Herc Rentals website at IR.HercRentals.com."/>
Herc Holdings to Participate in RBC Capital Markets Global Industrials Conference
Werner Enterprises, a premier transportation and logistics provider, represented strongly at this year’ s Great American Trucking Show in Dallas, Texas, Aug. 25-27. Freedom 7 driver J.W. Ray took first in Overdrive’ s Pride and Polish competition with Werner’ s 2017 Operation Freedom Freightliner Cascadia winning in the New Bobtail division. Werner driver Chris Crowell won the 2016 Trucking’ s Top Rookie Award, earning him $10,000 and other prizes."/>
Werner Enterprises Team Wins Big at GATS
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc., successfully tested its third development jettison motor for NASA’ s Orion spacecraft at its facility in Rancho Cordova, California. Orion is being built to take humans farther into space than ever before, and the jettison motor is a critical element for ensuring astronaut safety. Leaders from NASA and Lockheed Martin, the agency’ s prime contractor for the Orion spacecraft,..."/>
Orion Jettison Motor Fires to Ensure Crew Safety for the Journey to Mars
Ovivo Inc. announced today that both Institutional Shareholder Services Inc. and Glass Lewis& Co. LLC have recommended that shareholders of Ovivo support the proposed statutory plan of arrangement at their special meeting of shareholders to be held on September 9, 2016, whereby SKion Water International GmbH will acquire all of the issued and outstanding Class A subordinate voting shares and Class B multiple voting shares and..."/>
Leading Independent Advisory Firms ISS and Glass Lewis Recommend Shareholders of Ovivo Vote FOR the Plan of Arrangement
Donaldson Company, Inc. today announced that it has completed the previously announced acquisition of certain business assets from Industrias Partmo, S.A., in Bucaramanga, Colombia, through its new wholly owned subsidiary, Filtros Partmo, S.A.S. “We are excited to complete the Partmo acquisition, and we welcome Partmo’ s customers and employees,” said Guillermo Briseño, Donaldson’ s vice president for Latin America.“ Partmo ® is a leading brand of replacement filters..."/>
Donaldson Completes Acquisition of the Partmo® Filter Business in Colombia
Rollins, Inc., a premier global consumer and commercial services company, announced today that it has acquired Scientific Pest Management, which provides pest control service throughout Australia through owned, franchise and partner companies. This acquisition gives Rollins brands nationwide Australian coverage. Scientific Pest Management was founded in 1974 and operated by Chris Jones."/>
Rollins, Inc. Acquires Scientific Pest Management in Australia
Northern Power Systems Corp., a next generation renewable energy technology company, today announced financial results for its first quarter ended March 31, 2016. As communicated on August 26, 2016 the Company expects to file its second quarter of 2016 results by September 15, 2016 and be current with its financial reporting. At such point, the Company will host an earnings release call."/>
Northern Power Systems Reports First Quarter 2016 Results
Northern Power Systems Corp., a next generation renewable energy technology company, today announced financial results for its first quarter ended March 31, 2016. As communicated on August 26, 2016 the Company expects to file its second quarter of 2016 results by September 15, 2016 and be current with its financial reporting. At such point, the Company will host an earnings release call. Revenues for the three months ended March 31, 2016 were $5.2..."/>
Northern Power Systems Reports First Quarter 2016 Results
Fluor Corporation’ s chief financial officer, will give a presentation to investors at D.A. Davidson’ s 15 th Annual Engineering& Construction Conference in San Francisco on Thursday, September 8 at 7:45 a.m. PT/10: 45 a.m. A live webcast of this presentation will be available at http://investor.fluor.com."/>
Fluor to Present at D.A. Davidson E&C Conference
TCP International Holdings Ltd. today announced that Solomon Yan has decided to retire from his position as President upon the expiration of his employment agreement on August 31, 2016. Yan's duties will be assumed by other members of the executive management team. Yan will continue to serve as Vice-Chairman of the TCP Board of Directors."/>
TCP Announces Retirement of President of China Operations

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