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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Proficient Auto Logistics, Inc. - PAL
GlobeNewswire News Room· 2025-06-18 16:49
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Proficient Auto Logistics, Inc. (“Proficient Auto” or the “Company”) (NASDAQ: PAL).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether Proficient Auto and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining ...
Plains All American Executes Definitive Agreements for $3.75 Billion Sale of NGL Business to Keyera
GlobeNewswire News Room· 2025-06-17 20:15
Core Viewpoint - Plains All American Pipeline, L.P. and Plains GP Holdings have agreed to sell their Canadian NGL business to Keyera Corp for approximately $5.15 billion CAD ($3.75 billion USD), with the transaction expected to close in the first quarter of 2026, subject to regulatory approvals [1][2]. Transaction Details - The transaction will result in Plains divesting its Canadian NGL business while retaining its NGL assets in the United States and all crude oil assets in Canada [2]. - Plains expects to net approximately $3.0 billion USD from the transaction after taxes, transaction expenses, and a potential one-time special distribution [4]. Transaction Benefits - The sale is viewed as a win-win, allowing Plains to exit the Canadian NGL business at an attractive valuation while Keyera gains critical infrastructure [5]. - The transaction is anticipated to enhance Plains' free cash flow profile, reduce commodity exposure, and lower working capital requirements [5][7]. - The purchase price represents approximately 13 times the expected 2025 Distributable Cash Flow (DCF) [7]. Capital Allocation Strategy - Proceeds from the transaction will be prioritized towards disciplined capital allocation, including potential repurchases of preferred units and opportunistic common unit repurchases [8]. - The transaction is expected to create significant financial flexibility, allowing Plains to optimize its crude oil-focused asset base [7][8]. Tax Considerations - The transaction is a taxable event, expected to generate approximately $360 million USD in entity-level taxes payable in Canada [6][7]. - A one-time special distribution of approximately $0.35 per unit is intended to offset potential tax liabilities for unitholders, subject to Board approval [4][12]. Company Overview - Plains All American Pipeline operates midstream energy infrastructure and logistics services for crude oil and natural gas liquids, handling approximately eight million barrels per day [16]. - Plains GP Holdings holds a controlling general partner interest in Plains All American Pipeline, making it one of the largest energy infrastructure companies in North America [17].
GigaCloud: Tariff Challenges Remain A Disruption To Growth Potential
Seeking Alpha· 2025-06-17 11:51
Group 1 - GigaCloud Technology Inc. (NASDAQ: GCT) has a promising business model and long-term growth potential in the cross-border trade and logistics industry [1] - The industry is currently facing economic disruptions, which may impact GigaCloud's operations and growth trajectory [1] Group 2 - The article expresses a positive outlook on GigaCloud's business despite the challenges in the industry [1]
Prologis to Announce Second Quarter 2025 Results July 16th
Prnewswire· 2025-06-16 21:00
SAN FRANCISCO, June 16, 2025 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) will host a webcast and conference call with senior management to discuss its second quarter results, current market conditions and future outlook on Wednesday, July 16, 2025, at 9:00 a.m. PT/12:00 p.m. ET.To access a live broadcast of the call, please dial +1 (877) 897-2615 (toll-free from the United States and Canada) or +1 (201) 689-8514 (from all other countries). A live webcast can be accessed from the Investor Relations section of ...
UPS vs. CPA: Which Dividend-Paying Transportation Stock to Bet on Now?
ZACKS· 2025-06-16 16:06
Key Takeaways CPA nearly doubled its quarterly dividend last year, while UPS has made only a marginal increase in 2025. UPS' high payout ratio and falling free cash flow raise doubts about its long-term dividend sustainability. CPA's 2025 EPS is expected to rise 14.3% YOY, with estimates trending upward, unlike declining trends for UPS.United Parcel Service (UPS) and Copa Holdings (CPA) are two prominent names in the Zacks Transportation sector. Both companies focus on paying dividends to their shareholde ...
速递|1000万美元A轮落袋:Warp用AI数字孪生在虚拟环境验证方案,重构仓库效率
Z Potentials· 2025-06-16 03:11
图片来源: Clay arp 成立于 2021 年,旨在通过其技术赋能的托运商、承运商和仓库网络,帮助企业优化货运供应链并 降低成本。 如今,该公司希望通过机器人技术实现仓储网络自动化,从而进一步提升供应链效率。 Warp 联合创始人兼 CEO 丹尼尔·索科洛夫斯基 透露, Warp 始终致力于为沃尔玛、 Gopuff 和 HelloFresh 等企业客户提升物流效率。 随着人工智能技术的进步,该公司认为自动化领域存在更多 发展机遇。 索科洛夫斯基表示, Warp 目前无法实现供应链中长途运输或短途配送环节的自动化,因此正着力改 造可优化的领域:即仓库内部工作流程。 Warp 首先在其洛杉矶的测试仓库部署摄像头系统,通过计算机视觉技术将采集数据转化为虚拟仓库 模型,由此展开自动化实验。 "我们实际上为洛杉矶的设施创建了一个数字孪生体,或者说模拟环境,"索科洛夫斯基说道," 我们 最初就像往墙上乱扔东西一样尝试。 说实话,大部分尝试都是:如果我们这样做会怎样?那样做又 会如何?再换种方式呢?" 他们最初的想法之一是训练人形机器人使用传统托盘搬运车,但未能成功。后来 Warp 开始通过改装 现成机器人并添加额外技 ...
中行山西省分行打造数智创新“新引擎”
Group 1 - China Bank Shanxi Branch has developed a comprehensive financial innovation service system to support technology-based enterprises, aiming to inject continuous momentum into the innovation development of Shanxi's tech sector, with over 100 billion yuan in loans projected by May 2025 [1] - Shanxi Jiashida Robot Technology Co., Ltd. transformed from a small R&D team into a national-level specialized "little giant" enterprise, receiving 3 million yuan in credit loans during critical development phases, with credit support increasing to nearly 70 million yuan over ten years [2] - In January, China Bank announced a plan to provide no less than 1 trillion yuan in financial support for the AI industry chain over the next five years, with Shanxi Branch already providing nearly 500 million yuan to over ten AI enterprises by May 2025 [3] Group 2 - Taiyuan Fulairida Logistics Equipment Technology Co., Ltd. received 50 million yuan in funding from China Bank Shanxi Branch, enabling the development of advanced smart warehousing systems and equipment, enhancing operational efficiency and promoting low-carbon storage solutions [4] - Datong has become a significant data center hub, with over 204,000 large-scale data centers and more than 3 million servers supporting high-tech industries, showcasing the city's transformation from coal mining to data processing [5] - China Bank Shanxi Branch tailored financial products for Datong's enterprises facing funding challenges, simplifying approval processes and reducing financing costs, with nearly 500 million yuan in loans issued to a specific data service company by May 2025 [6][7]
Is Symbotic Stock a Buy as AI Transforms Warehouse Automation?
The Motley Fool· 2025-06-13 08:45
The artificial intelligence (AI)-powered robotics revolution has arrived in American warehouses, and it's happening faster than most investors realize. While headlines obsess over chatbots and image generators, a more profound transformation is unfolding in the physical world: Intelligent machines are taking over the grueling work of moving billions of packages through the supply chain.At the center of this $35 billion market opportunity stands Symbotic (SYM -2.67%), a company that has quietly assembled the ...
W&T Offshore: It's Underpriced With Some Bullish Signals
Seeking Alpha· 2025-06-12 18:26
I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. ...
Logent Group acquires HUB logistics Finland Oy and announces the intention to issue subsequent notes
Globenewswire· 2025-06-12 18:12
Logent Finland Bidco Oy, an indirect subsidiary of SSCP Lager BidCo AB (publ) (“Logent” or the “Company”) has entered into an agreement with the shareholders of the Finnish entity HUB logistics Finland Oy (“HUB logistics” or the “Target”) to acquire all the shares in the Target (the “Acquisition”). The closing of the Acquisition is expected to take effect on 23 June 2025 and is subject to customary conditions precedents. Logent has mandated Nordea Bank Abp and Pareto Securities AS as joint bookrunners to ar ...