Chorus Aviation announces strong 4th quarter & year-end earnings

  • Fourth quarter adjusted net income of $23.7 million, $0.20 per share
  • Monthly dividend increased to $0.04 per share

HALIFAX, Feb. 19, 2015  - Chorus Aviation Inc. ('Chorus') (TSX:CHR.B CHR.A) today announced its fourth quarter and year-end 2014 earnings.

Q4 2014 HIGHLIGHTS

  • Adjusted EBITDA1 of $49.8 million.
  • Operating income of $33.0 million.
  • Adjusted net income1 of $23.7 million.
Published: 19 February 2015
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Student Transportation Inc. Awarded New 5 Year Contract in Columbia, Missouri

Company to Hire Local Drivers as Community Welcomes New Fleet and Culture

WALL, N.J., Dec. 9, 2014 -- Student Transportation Inc. ("STI") (STB.TO) (STB.TO), the most trusted provider of school transportation services in North America, today announced that its subsidiary, Student Transportation of America, Inc. ("STA"), has been awarded a new contract with Columbia Public Schools in Columbia, Missouri. The initial three-year contract, with the option for additional renewal years, will commence in August 2015 and feature 212 brand new state of the art school vehicles, bringing in annual revenues exceeding $10 million. This fleet will be the youngest and most modern fleet in the "Show Me State".

Published: 09 December 2014
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Kandi Technologies Reports Plan to Launch the Car-Share Program in Nanjing With Its Brand Electric Vehicles

JINHUA, China, Oct. 2, 2014 -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (KNDI), today announced that the Kandi-brand SMA7001BEV pure electric vehicle passed the Nanjing local inspection for the licensed plate at the end of September.

ZuoZhongYou (Nanjing) Electric Vehicle Service Co., Ltd. ("ZZY-Nanjing"), a wholly owned subsidiary of Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. ("ZZY", which the Company indirectly owns a 9.5% ownership interest through its joint venture) has obtained the registration approval from the local State Administration of Industry and Commerce for the formation of ZZY-Nanjing. Upon the completion of the ancillary procedures for ZZY-Nanjing's establishment, the Car-Share Program will be officially launched in Nanjing.

Published: 02 October 2014
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Student Transportation Inc. Reports Fourth Quarter & Fiscal Year 2014 Results

Despite Severe Winter Weather, Trends Continue for Lower Pay Out Ratio and Continued Growth

BARRIE, Ontario, Sept. 15, 2014  -- Student Transportation Inc., ("STI" or the "Company") (STB.TO) (STB.TO) today reported fiscal results for the fourth quarter and fiscal year ended June 30, 2014. All financial results are reported in US dollars, except as otherwise noted.

"This was a challenging year for us, and despite a harsh winter, we continued to grow and improve our operations, lowered our payout ratio, used low cost leasing and debt to fuel the growth, and created several new non-asset businesses which we are launching this fiscal year," said Denis J Gallagher, Chief Executive Officer. "Our emphasis this past winter, as always, was on the safety of our passengers and our employees in what was the hardest winter in my 38 years. Safety is our number one priority. It is what allows us to grow our business and sustain our industry leading service reputation."

Published: 15 September 2014
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Landstar System Reports Record Quarterly Revenue Of $814 Million And Record Quarterly Diluted Earnings Per Share Of $0.80 In The Second Quarter

JACKSONVILLE, Fla., July 23, 2014 -- Landstar System, Inc. (LSTR) reported record second quarter net income of $35.9 million, or $0.80 per diluted share, on record revenue of $814 million in the 2014 second quarter. Revenue and diluted earnings per share for the 2014 second quarter were the highest quarterly revenue and diluted earnings per share in Landstar history.  Landstar reported net income from continuing operations of $29.5 million, or $0.64 per diluted share, on revenue from continuing operations of $674 million in the 2013 second quarter. Gross profit (defined as revenue less the cost of purchased transportation and commissions to agents) was $121.6 million in the 2014 second quarter compared to $103.6 million in gross profit from continuing operations in the 2013 second quarter. Operating margin, representing operating income divided by gross profit, was 48.1 percent in the 2014 second quarter.       

Published: 23 July 2014
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  1. Kandi Technologies Group ( KNDI )
  2. Student Transportation Inc ( STB )

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