By Editor , 29 October 2026
Aberdeen Carolina & Western Railway Wins $19.9M CRISI Rail Grant

Charlotte – October 29, 2026 -- Aberdeen Carolina & Western Railway (ACWR) has been awarded a $19.9 million federal grant through the U.S. Department of Transportation's Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program to rebuild track laid in the early to mid 1900s.

By Editor , 29 October 2026
SMP Adds OE-Spec Four Seasons A/C Condensers to Aftermarket Line

Lewisville – October 28, 2026 -- Standard Motor Products (NYSE: SMP) has added A/C condensers to its Four Seasons brand, covering foreign nameplate and domestic vehicles with parts engineered to OE dimensional fit and thermal performance specifications.

By Editor , 29 October 2026
T. Parker Host Commits $50M to Expand Avondale Mississippi Terminal

Avondale, La. – October 28, 2026 -- T. Parker Host (HOST) is committing $50 million to its Avondale Global Gateway industrial campus on the Mississippi River, adding rail, warehouse and dock capacity. The company expects the upgrades to open the door for hundreds of millions of dollars in additional private investment across the campus.

By Editor , 29 October 2026
Frontier Posts Record $1.4B Q3 Revenue, Up 53% as RASM Jumps 30%

DENVER – October 28, 2026 -- Frontier Group Holdings (Nasdaq: ULCC) reported record third-quarter 2026 revenue of approximately $1.4 billion, up 53 percent year-over-year, and returned to an adjusted profit of $40 million despite a 56 percent jump in per-gallon fuel costs.

By Editor , 29 October 2026
Boeing Sees Freighter Fleet Hitting 4,010 Airplanes by 2045

MIAMI – October 28, 2026 -- Boeing projects that air cargo traffic will double over the next 20 years, lifting the global freighter fleet 67% from 2,395 airplanes in 2025 to 4,010 by 2045. The forecast, part of the company's 2026 World Air Cargo Forecast, was released at The International Air Cargo Association's Air Cargo Forum in Miami.

By Editor , 29 October 2026
82% of Fleets Report Higher Costs as Diesel Hits $6.35 a Gallon

Atlanta – October 28, 2026 -- Some 82% of respondents in a Geotab-commissioned survey said their organization's operating costs rose over the past 12 months, and fuel was the most frequently cited cause, named in 31% of responses. Endeavor Business Intelligence conducted the research for Geotab.

The U.S. Energy Information Administration reported that on-highway diesel averaged $6.35 per gallon for the week of October 26, 71% higher than a year earlier. Fleets face pressure to optimize fuel use and to prevent fraudulent purchases to limit preventable losses.

By Editor , 29 October 2026
AerCap Posts Record Q3 Profit, Lifts 2026 EPS Guidance to $20.70

DUBLIN – October 28, 2026 -- AerCap Holdings N.V. (NYSE: AER) reported record adjusted net income of $1,009 million, or $6.56 per share, for the third quarter of 2026 and raised full-year adjusted earnings per share guidance to approximately $20.70, before any fourth-quarter gains on sale.

GAAP net income was $949 million, or $6.17 per share. GAAP return on equity reached 20%, while adjusted return on equity hit a record 22%. Operating cash flow totaled $1.8 billion.

By Editor , 29 October 2026
Penske Automotive Q3 Revenue Rises 5% to $8.4B Ahead of Take-Private

Bloomfield Hills – October 28, 2026 -- Penske Automotive Group (NYSE: PAG) reported third-quarter revenue of $8.4 billion, up 5% from $8.1 billion a year earlier, and net income attributable to common stockholders of $220.8 million, or $3.36 per share. The results come as the company moves toward a take-private deal that values it at an enterprise value of about $16.3 billion.

By Editor , 29 October 2026
Dana Lifts Q3 EBITDA to $218M, Adds $100M Buyback

MAUMEE, Ohio – October 28, 2026 -- Dana Incorporated (NYSE: DAN) raised third-quarter adjusted EBITDA by $56 million to $218 million, lifting its margin 220 basis points to 10.7 percent. The supplier also announced an additional $100 million of share repurchases for the fourth quarter of 2026.

By Editor , 29 October 2026
Auto Executives Expect China to Host 6 of Top 10 OEMs by 2035

Berlin – October 28, 2026 -- Fifty-one percent of automotive executives expect software and digital technologies to become their company's most important competitive differentiator by 2035, according to the 26th KPMG Global Automotive Executive Survey. The study polled 775 executives worldwide.

Execution lags ambition. Only 36% of AI and software initiatives have been scaled beyond the pilot phase on average, and 92% of companies need at least twelve months to roll out a new AI, digital or software solution enterprise-wide. More than one-third need over two years.