SP+


Associated tags: Rail freight transport, Aviation, SP Plus Corporation, SP

Locations: EUROPE, NORTH AMERICA

SP Plus Corporation to Manage New On-Street Parking System for the City of Jackson, Mississippi

Retrieved on: 
Tuesday, April 23, 2024

SP+ Corporation will also assist the city with parking enforcement activities.

Key Points: 
  • SP+ Corporation will also assist the city with parking enforcement activities.
  • SP+ will also provide Parking Ambassadors to assist in educating the public on how to use the new parking system, as well as to answer any questions.
  • The new system will allow for parking space turnover and availability, providing convenience and accessibility to everyone visiting the city.
  • The City of Jackson is the capital of Mississippi, and the most populous city in the state, with upwards of 430,000 residents.

SP Plus Corporation Launches its Bags® Branded Technology at the New Brightline Orlando Station

Retrieved on: 
Tuesday, April 16, 2024

Bags provides luggage handling services along with technology to print luggage tags and tracking of baggage throughout the journey between Orlando International Airport and the downtown Miami station.

Key Points: 
  • Bags provides luggage handling services along with technology to print luggage tags and tracking of baggage throughout the journey between Orlando International Airport and the downtown Miami station.
  • It has been in operation for several years in south Florida, and recently opened the final leg to Orlando.
  • Bags technology includes luggage tag printing and baggage tracking technology, while also managing the labor to handle passenger baggage.
  • “SP+ collaborated with Brightline to streamline their customer experience,” said Billy Arden, SVP, Bags.

SP Plus Corporation Now Managing Parking and Shuttle Operations at Des Moines International Airport

Retrieved on: 
Wednesday, April 3, 2024

CHICAGO , April 03, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announces it is now managing parking and shuttle operations at Des Moines International Airport (DSM), in Des Moines, Iowa.

Key Points: 
  • CHICAGO , April 03, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announces it is now managing parking and shuttle operations at Des Moines International Airport (DSM), in Des Moines, Iowa.
  • "The Des Moines Airport Authority is pleased to partner with SP+ to manage our parking and shuttle services.
  • "SP+ offers an impressive suite of innovative technology that will serve the evolving needs of Des Moines International's airport campus while elevating the customer experience."
  • “We are honored to be selected by the Authority,” said Jason Finch, president, West Airports, SP+ Corporation.

SP Plus Corporation Offers Complimentary Bags® Remote Check-in and Bag Drop Services at Harry Reid International Airport

Retrieved on: 
Tuesday, March 19, 2024

CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, announces complimentary Bags® Remote Airline Check-in and Bag Drop services at Harry Reid International Airport (LAS) in Las Vegas, Nevada.

Key Points: 
  • CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, announces complimentary Bags® Remote Airline Check-in and Bag Drop services at Harry Reid International Airport (LAS) in Las Vegas, Nevada.
  • Complimentary Bags Remote Airline Check-in and Bag Drop services are now available for American, Delta, Frontier, JetBlue, Southwest, and United Airlines.
  • “We are very excited to add Harry Reid International Airport to our list of valued airport partners,” said Bob Miles, President, Bags.
  • The Clark County Board of Commissioners approved the multi-year contract with Bags, which operates similar programs in over 10 airport markets across the U.S.

SP Plus Corporation Announces Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

CHICAGO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- SP® Plus Corporation (Nasdaq:SP), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its fourth quarter and full year 2023 results.

Key Points: 
  • Fourth quarter 2023 reported general and administrative (“G&A”) expenses were $40.4 million, compared to $30.7 million in the year ago quarter.
  • Fourth quarter 2023 reported net income attributable to SP Plus was $1.2 million, or $0.06 per diluted share, compared to $4.8 million, or $0.24 per diluted share in the year ago quarter.
  • Fourth quarter 2023 adjusted earnings per share were $0.60, compared to adjusted earnings per share of $0.56 for the fourth quarter of 2022.
  • In light of the pending acquisition by Metropolis Technologies, Inc., and as is customary during such transactions, SP+ will not host an earnings conference call for its fourth quarter 2023 results.

SP Plus Stockholders Approve Merger With Metropolis Technologies

Retrieved on: 
Monday, February 12, 2024

CHICAGO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- SP Plus Corporation (“SP+”) (NASDAQ: SP) today announced that at its special meeting of stockholders held on February 9, 2024 (the “Special Meeting”), SP+ stockholders voted to approve the previously announced Agreement and Plan of Merger, dated as of October 4, 2023, by and among Metropolis Technologies, Inc. (“Metropolis”), Schwinger Merger Sub Inc., a direct, wholly owned subsidiary of Metropolis (“Merger Sub”) and SP+ (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into SP+ (the “Merger”), with SP+ surviving the Merger as a wholly owned subsidiary of Metropolis.

Key Points: 
  • CHICAGO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- SP Plus Corporation (“SP+”) (NASDAQ: SP) today announced that at its special meeting of stockholders held on February 9, 2024 (the “Special Meeting”), SP+ stockholders voted to approve the previously announced Agreement and Plan of Merger, dated as of October 4, 2023, by and among Metropolis Technologies, Inc. (“Metropolis”), Schwinger Merger Sub Inc., a direct, wholly owned subsidiary of Metropolis (“Merger Sub”) and SP+ (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into SP+ (the “Merger”), with SP+ surviving the Merger as a wholly owned subsidiary of Metropolis.
  • Under the terms of the Merger Agreement, SP+ stockholders will be entitled to receive $54.00 per share in cash, without interest and subject to any required tax withholding, at the closing of the Merger.
  • Approval by SP+’s stockholders satisfies one of the conditions necessary for completion of the Merger.
  • SP+ and Metropolis will continue to cooperate fully with the DOJ in its review.

SP Plus Corporation Implements Technology-Based Parking Management Innovations at Miami Valley Hospital

Retrieved on: 
Tuesday, February 6, 2024

CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, announces it is now operating and managing five parking facilities with its Sphere™ technology platform at Miami Valley Hospital, in Dayton, Ohio.

Key Points: 
  • CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, announces it is now operating and managing five parking facilities with its Sphere™ technology platform at Miami Valley Hospital, in Dayton, Ohio.
  • “This project has increased the efficiency and overall management of our six parking garages to provide a better experience for patients, staff, and physicians,” said a Miami Valley Hospital spokesperson.
  • “Revolutionizing accessibility and convenience, our latest Sphere project at Miami Valley Hospital ensures seamless navigation and efficient parking solutions, prioritizing the well-being of patients and visitors alike,” said Tyler Hagerman, Regional Manager II, SP+ Corporation.
  • Miami Valley Hospital, part of Premier Health, has served Dayton and Southwest Ohio since 1980, offering a wide range of advanced, innovative care.

Forbes Names SP Plus Corporation to its 2024 List of America’s Most Successful Small-Cap Companies

Retrieved on: 
Tuesday, January 30, 2024

CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its recognition by Forbes as one of America’s Most Successful Small-Cap Companies.

Key Points: 
  • CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its recognition by Forbes as one of America’s Most Successful Small-Cap Companies.
  • Forbes used data from FactSet to compile its annual list of America’s Most Successful Small-Cap Companies.
  • “We are extremely appreciative to be recognized as one of America’s Most Successful Small-Cap Companies,” said Marc Baumann, Chairman and Chief Executive Officer, SP+ Corporation.
  • “My colleagues and I strive to deliver industry-leading technology within our ever-evolving world on the go, and this accolade from Forbes is quite an achievement, and an encouraging reflection of our collective efforts.”

SP Plus Corporation Named to Newsweek’s America’s Greatest Workplaces for Diversity 2024

Retrieved on: 
Tuesday, January 23, 2024

CHICAGO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its recognition as one of America’s Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group.

Key Points: 
  • CHICAGO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- SP+® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its recognition as one of America’s Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group.
  • This survey of over 220,000+ individuals included representation at over 1.5 million companies in America.
  • “Our goal is to build a culture where we harness our diverse perspectives to create a better SP+.
  • We do this by promoting access to opportunities where individuals can feel seen, heard, and valued at every level.”
    To view the complete listing of Newsweek’s America’s Greatest Workplaces for Diversity 2024, click here .

SP Plus Corporation Upgrades Parking Services on the University of Akron Campus

Retrieved on: 
Tuesday, December 12, 2023

The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets.

Key Points: 
  • The University of Akron has entered into a 35-year parking monetization, structured as a tax-exempt bond transaction, with a team led by Diogenes Capital, SP+, and KeyBanc Capital Markets.
  • Investment in campus parking facilities, operations, and technology will provide an improved overall customer experience.
  • This includes, investing in campus projects, offering scholarships to UA students and actively participating in and sponsoring campus events.
  • “We are proud to be selected by the University of Akron as their new parking services provider, and look forward to serving the campus community for many years to come,” said Tom Hagerman, Senior Vice President, SP+ Corporation.