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Gxo Logistics Inc ( (GXO) ) has released its Q2 earnings. Here is a breakdown of the information Gxo Logistics Inc presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. GXO Logistics, Inc., the world’s largest… Read More
The Port of South Louisiana today announced the resignation of Executive Director Paul Matthews, who has led the Port since January 2022. Matthews is stepping down to pursue new professional endeavors after a tenure marked by record-breaking growth and strategic expansion. Under Matthews’ leadership, the Port reversed a seven-year decline in tonnage, achieving consecutive years… Read More
Pangaea Logistics Solutions (NASDAQ:PANL) Second Quarter 2025 Results Key Financial Results Revenue: US$156.7m (up 19% from 2Q 2024). Net loss: US$2.74m (down by 175% from US$3.68m profit in 2Q 2024). US$0.043 loss per share (down from US$0.081 profit in 2Q 2024). Pangaea Logistics Solutions Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by… Read More
We’re excited to share that StrateSea Technology has partnered with Klein Marine Systems, Inc., a world leader in high-resolution sonar systems. Through this collaboration, Klein will now be able to offer FeatureLab alongside their industry-leading sensors — giving customers a powerful, AI-driven workflow for subsea image analysis, object detection, and decision support right from day… Read More
Over the last year, Ellicott Dredge Enterprises, “Ellicott” has quietly been transforming and with the word growth emerging as a common theme across the business – in every department and operating location. Since the first of the year, Ellicott has been adding to the team across the board. Changemakers have joined the company in every department: Operations;… Read More
Newly appointed as Manson’s Senior Vice President and Dredging Manager, Mike Warwick looks back on his nearly 30-year career—20 of which have been spent helping shape the Gulf and East Coast Dredging (GECD) division with Manson’s leaders. This milestone is the culmination of years of dedication and growth within the company. “I still remember my… Read More
The National Association of Waterfront Employers (NAWE) sent a letter to House Transportation and Infrastructure Committee Chairman Sam Graves (R-MO) and Ranking Member Rick Larsen (D-WA), urging Congressional leaders to incorporate the creation of a Maritime Trust Fund to serve as a dedicated funding source to support America’s maritime industrial base development. NAWE believes a portion… Read More
Greensea IQ and Ocean Power Technologies (OPT) have entered into a strategic collaboration to integrate Greensea IQ’s EverClean robotic hull grooming system with OPT’s WAM-V® Unmanned Surface Vehicle (USV) platform. The joint effort aims to develop a fully autonomous launch and recovery system to enable more efficient and environmentally responsible hull maintenance operations. The collaboration… Read More
Guice Offshore, widely known as the U.S. Flag leader in the operation of dynamically positioned mini supply and multi-purpose vessels for the offshore maritime specialty market, has launched GO Asset Leasing to meet the growing demand for lease-ready maritime vessel heavy deck equipment. GO Asset Leasing offers flexible lease terms on a variety of field-tested, well-maintained inventory… Read More
Bristol, Rhode Island – August 1st, 2025 – Bristol Harbor Group, Inc. (BHGI) has welcomed Gordom Fream as a naval architect to its naval architecture and marine engineering firm. Gordon holds a bachelor’s degree in Naval Architecture and Marine Engineering from the University of Michigan. Before joining BHGI, Gordon interned at General Dynamics NASSCO in… Read More
Great Lakes Dredge & Dock (GLDD) reported its Q2 2025 earnings, surpassing market expectations with an earnings per share (EPS) of $0.14, beating the forecasted $0.1075 by 30.23%. The company also reported revenues of $193.8 million, exceeding the expected $178.08 million. Following the announcement, GLDD’s stock rose by 10.82% in pre-market trading, reflecting investor optimism…. Read More
Telle is a graduate of Mississippi State University and previously served on the staff of former U.S. Senator Thad Cochran. Adam Telle, a former member of U.S. Senator Thad Cochran’s staff, was confirmed by the U.S. Senate on Saturday to be the new Assistant Secretary of the Army for Civil Works. Telle, who was nominate… Read More
WASHINGTON, D.C. — The U.S. Navy has issued a solicitation seeking industry input for its new Modular Attack Surface Craft (MASC) program. The initiative calls for industry partners to submit white papers or slide decks outlining capabilities and proposed solutions for this transformative unmanned vessel program. The MASC program represents the Navy’s strategic shift toward… Read More
By: Joe Gould Sen. Todd Young says momentum is building behind his bipartisan SHIPS for America Act — even as congressional bandwidth narrows and the White House’s shipbuilding shop undergoes a major overhaul. First in Morning D: Young, in an exclusive interview with your anchor, said support for the commercial shipbuilding bill is growing inside both the administration… Read More
Second quarter net income of $9.7 million Second quarter Adjusted EBITDA of $28.0 million Dredging backlog of $1 billion at June 30, 2025 HOUSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported… Read More