logo
ING Chauffeured Transportation Expands Fleet with Addition of Grech Minibuses and Volvo Coaches

ING Chauffeured Transportation Expands Fleet with Addition of Grech Minibuses and Volvo Coaches

Summary: ING Chauffeured Transportation enhances its fleet with 5 Grech Minibuses and 5 Volvo Coaches, offering greater capacity and comfort.
Washington, D.C.--(Newsfile Corp. - June 4, 2025) - ING Chauffeured Transportation, a long-standing provider of executive and group transportation services in the Washington metropolitan region, has officially expanded its fleet with the acquisition of five new Grech Minibuses and five Volvo Coaches. This enhancement aligns with the company's ongoing commitment to meeting increased demand for premium group mobility solutions throughout the tri-state area.
With over two decades of experience in the field, ING Chauffeured Transportation has consistently adapted to the evolving needs of its clientele. The addition of these state-of-the-art vehicles underscores the company's dedication to reliable and spacious options for charter, corporate, and event-based transportation.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10740/254538_8a6c3181349029ad_001full.jpg
Each of the new Grech Minibuses seats up to 36 passengers and offers a refined passenger experience. Features such as leather seating, retractable seatbelts, and panoramic front viewing windows enhance onboard comfort. The vehicles are also equipped with six TV monitors, a DVD player, premium rear audio, and LED lighting inside and out. Altro wood flooring and a smooth Kelderman air suspension contribute to a steady and visually appealing ride, benefiting both local and long-distance passengers.
Complementing this addition, ING has integrated five Volvo Coaches into its fleet. These 56-passenger vehicles are equipped with passenger conveniences including 110-volt outlets at every seat, foldable tray tables, grab handles, and cup holders. For longer journeys, flat-screen HD monitors, a DVD player, and a Proline III audio system offer entertainment and audio clarity. The coaches also feature a tour guide microphone, making them well-suited for sightseeing and organized group transportation.
ING Chauffeured Transportation has officially expanded its fleet
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10740/254538_8a6c3181349029ad_002full.jpg
"Passenger expectations are shifting toward experiences that offer both functionality and comfort," said Mike Ciric, Media Contact for ING Chauffeured Transportation. "This fleet expansion is a direct response to that demand and allows us to support larger groups while maintaining our commitment to dependable service."
The announcement comes at a time when interest in Washington DC Bus Charter Rental continues to grow. As travel rebounds and group events increase in frequency, ING's diversified fleet positions the company to serve a broad range of needs-from business conferences and educational outings to guided tours and private events.
These additions complement the company's existing lineup, including the 14-passenger Mercedes Sprinter Van. With the updated fleet, ING Chauffeured Transportation is well-positioned to support mid-sized and large-scale group movements across the region.
About ING Chauffeured Transportation:
Founded in April 2000, ING Chauffeured Transportation is a premier Washington limo company offering reliable mobility services across Washington DC, Maryland, Virginia, and select cities worldwide. Under new ownership since 2014, the company has strengthened its focus on providing professional solutions for corporate, group, and event-based transportation needs. ING continues to adapt its fleet and operations to meet the evolving demands of its clients while maintaining high service standards.
Media Contact:
Company Name: ING Chauffeured Transportation
Contact Person: Mike Ciric
Phone: (301) 545-0000
Address: 2200 Pennsylvania Avenue
City: Washington
State: DC
Postal Code: 20037
Country: US
Website: https://www.inglimo.com/

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Investing $50,000 in This Ultra-High-Yield Dividend Stock Could Generate $2,865 in Annual Passive Income
Investing $50,000 in This Ultra-High-Yield Dividend Stock Could Generate $2,865 in Annual Passive Income

Globe and Mail

time32 minutes ago

  • Globe and Mail

Investing $50,000 in This Ultra-High-Yield Dividend Stock Could Generate $2,865 in Annual Passive Income

Make money without even trying. That might sound impossible. It isn't, though. Granted, the old saying that "it takes money to make money" is usually true. You typically must have upfront capital to invest to make money. You'll also need an investment vehicle that will produce income. But the second hurdle is an easy one to jump. Income-seeking investors have plenty of alternatives. I think Realty Income (NYSE: O) is one of the best. Investing $50,000 in this ultra-high-yield dividend stock could generate $2,865 in annual passive income. About Realty Income Realty Income calls itself the "Real Estate Partner to the World's Leading Companies." That's an apt description. Realty Income owns 15,627 commercial real estate properties leased to 1,598 clients. And many of its tenants indeed rank among the world's leading companies, including Dollar General, FedEx, Home Depot, and Walmart. Like many top real estate companies, Realty Income is organized as a real estate investment trust (REIT). It's the seventh-largest REIT in the world with properties in eight countries. Realty Income's tenant base is remarkably diversified. Its clients represent 91 industries. Roughly 91% of the REIT's total rent is largely immune to economic downturns and/or insulated from e-commerce competition. Perhaps the most impressive thing about Realty Income is its reliability. The company has been in business for 56 years. It has delivered positive total operational returns for 29 consecutive years. Realty Income's compound annual total return since its listing on the New York Stock Exchange in 1994 is 13.6%. A passive income machine Even better for income investors, Realty Income is a passive income machine. Its forward dividend yield currently stands at 5.73%. An initial investment of $50,000 would generate $2,865 in annual income at that yield. By the way, you won't receive that dividend income each quarter as is the case with most dividend-paying stocks. One of Realty Income's registered trademarks is "The Monthly Dividend Company," reflecting the fact that it pays dividends monthly rather than quarterly. But is the REIT's dividend safe? I think so. Realty Income has paid a dividend for 659 months. It has also increased the dividend for 30 consecutive years. If history is any guide, you won't have to worry about inflation eroding the buying power of your passive income from this stock. The REIT's dividend has risen by a compound annual growth rate of 4.3%. Don't be alarmed by Realty Income's dividend payout ratio of nearly 288%. Earnings-based payout ratios often look worrisome. The more important financial metric to watch is adjusted funds from operations (AFFO). Realty Income used roughly 75% of its diluted AFFO in the first quarter of 2025 to fund its dividend. That's a comfortable level that gives the REIT flexibility to pay and grow its dividend. More than just a dividend Realty Income can give investors more than just a dividend, though. Its long-term growth prospects appear to be solid, too. The REIT had around $23 billion of sourced acquisition opportunities in the first quarter of 2025. That's encouraging, considering it had roughly $43 billion of sourced acquisition opportunities in all of 2024. Realty Income should have especially significant growth potential in Europe. The estimated total addressable net lease market in Europe is $8.5 trillion. Competition is limited in Europe as well, with only two major REITs other than Realty Income operating in the region. But Realty Income also has solid growth prospects in the U.S. The estimated total addressable U.S. net lease market is $5.5 trillion. Data centers and gaming present relatively new growth opportunities for REITs. A $50,000 investment in this ultra-high-yield dividend stock should easily be able to generate $2,865 per year in passive income. However, the total amount of money you could make from owning Realty Income over the long term could be much higher. Should you invest $1,000 in Realty Income right now? Before you buy stock in Realty Income, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Realty Income wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor 's total average return is789% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025

Silver Prices Rocket to 13-Year Highs. More Upside Is Likely.
Silver Prices Rocket to 13-Year Highs. More Upside Is Likely.

Globe and Mail

time37 minutes ago

  • Globe and Mail

Silver Prices Rocket to 13-Year Highs. More Upside Is Likely.

July Comex silver futures (SIN25) Thursday hit a 13-year high above $36.00 an ounce. This surge has been brewing all week. On Monday, we saw a strongly bullish upside technical price 'breakout' from a choppy and sideways trading range on the daily bar chart. Silver prices paused Tuesday and Wednesday, but on Thursday picked back up to hit a 13-year high. Still more upside is likely for the silver market in the near term after prices pushed well above strong technical resistance at the late-March high of $35.80 in July futures on Thursday. Don't be surprised to see silver prices challenge $40.00 an ounce in the near term. The record high in nearby Comex silver futures is $50.36, scored in January 1980. Since gold (GCM25) scored a new record high of $3,485.60 an ounce, basis nearby Comex futures, in April, I have maintained, and still do, that silver appears to be a value-buying opportunity, as it's still around $15.00 below its record high scored 45 years ago. Indeed, right now, it's 'Katie bar the door' to the upside for silver prices. It would take a close below chart support at $33.00 to rattle the silver bulls' cage and begin to suggest that a near-term market top is in place. The gold market has also turned more technically bullish recently, posting a strong rebound from the May low, restarting a price uptrend on the daily bar chart and on Thursday hitting a four-week high of $3,427.70, basis August futures. The gold market has stiff overhead technical resistance to overcome for prices to push to new record highs. Those chart resistance levels are the May high of $3,477.30 and the contract high of $3,539.30, basis August Comex futures. Fundamentally, safe-haven demand continues to flow into the gold and silver markets. The U.S.-China trade war shows no solid signs of ending anytime soon, despite news today that U.S. President Donald Trump and Chinese President Xi Jinping held a telephone call. Early reports say the talks did not yield much of substance. The Russia-Ukraine war has heated up with this week's Ukrainian drone attacks on Russia's infrastructure. The Middle East is always a wild card for the marketplace. What's Driving Silver Prices to 13-Year Highs? Part of the buying interest in gold, silver, and platinum (PLN25) comes amid the recent news on rare-earth metals regarding China's export restrictions, which are causing disruptions in global supply chains. In turn, these disruptions are reducing rare metal supplies coming to industries like automobile manufacturing. China knows that withholding its rare earth minerals from the West gives it an advantage on the world stage. The U.S. Dollar Index ($DXY) Thursday slumped to a six-week low following some downbeat U.S. economic data released this week. The down-trending USDX is a bullish 'outside-market' element for the gold and silver markets. U.S. Treasury yields have also backed down a bit recently, also a positive for the precious metals. The other key outside market for precious metals is crude oil (CLN25), which has rallied well off the April and May lows and on Thursday was poised to close at a two-month high, basis Nymex futures. Rising crude oil prices tend to be a tide that lifts most raw commodities. Meantime, platinum futures have just hit a three-plus-year high of $1,152.50 an ounce, basis nearby futures. The next upside target for the energized platinum bulls is the March 2022 high of $1,197.00. Above that lies technical resistance at the May 2021 high of $1,281.40 and then at the February 2021 high of $1,348.20. The record high in nearby platinum futures was scored in March 2008, at $2,308.80. Tell me what you think. I really enjoy getting email from my valued readers all over the world. Email me at jim@

Stocks Muted Before the Open With U.S. Economic Data in Focus, ECB Decision Eyed
Stocks Muted Before the Open With U.S. Economic Data in Focus, ECB Decision Eyed

Globe and Mail

time37 minutes ago

  • Globe and Mail

Stocks Muted Before the Open With U.S. Economic Data in Focus, ECB Decision Eyed

June S&P 500 E-Mini futures (ESM25) are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.10% this morning, pointing to a muted open on Wall Street, while investors await a fresh batch of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from semiconductor and software giant Broadcom. Some positive corporate news is supporting stock index futures, with MongoDB (MDB) surging over +14% in pre-market trading after the database company posted upbeat Q1 results, raised its full-year guidance, and boosted its share buyback program. Also, Five Below (FIVE) climbed more than +5% in pre-market trading after the specialty discount retailer reported forecast-beating Q1 results and issued solid Q2 guidance. Lower bond yields today are also supporting stock index futures. However, gains in U.S. equity futures are limited amid investor caution ahead of Friday's payrolls data. Also, trade uncertainty persists as the Trump administration's deadline for countries to submit their 'best offers' for trade deals has passed without any notable developments. In yesterday's trading session, Wall Street's major indexes ended mixed. ON Semiconductor (ON) climbed over +6% and was the top percentage gainer on the S&P 500, extending Tuesday's gains after the semiconductor firm's CEO Hassan El-Khoury said he sees early signs of a broad-based recovery in demand. Also, homebuilder stocks advanced after the benchmark 10-year T-note yield slumped, with DR Horton (DHI) rising more than +4% and Lennar (LEN) gaining over +3%. In addition, Guidewire Software (GWRE) surged over +16% after the insurance-software provider posted upbeat FQ3 results and raised its full-year revenue guidance. On the bearish side, Dollar Tree (DLTR) slid more than -8% and was the top percentage loser on the S&P 500 after the discount retailer warned that new U.S. tariffs could slash its Q2 profit by 45% to 50%. The ADP National Employment report released on Wednesday showed that U.S. private nonfarm payrolls rose by 37K in May, weaker than expectations of 111K and the smallest increase in more than two years. Also, the U.S. ISM services index unexpectedly fell to 49.9 in May, weaker than expectations of 52.0. 'Markets are likely to view this through the lens of disappointment on the real growth side,' said Florian Ielpo at Lombard Odier Investment Managers. Meanwhile, the Federal Reserve said Wednesday in its Beige Book survey of regional business contacts that U.S. economic activity declined slightly in recent weeks, signaling that tariffs and heightened uncertainty are hurting the economy. 'All districts reported elevated levels of economic and policy uncertainty, which have led to hesitancy and a cautious approach to business and household decisions,' according to the Beige Book. The report stated that consumer spending either declined slightly or showed no change across most districts, while prices rose at a 'moderate' pace. Most regions described employment as 'flat,' while wages continued to grow at a 'modest' pace. The report said the outlook remained 'slightly pessimistic and uncertain, on balance.' U.S. rate futures have priced in a 95.6% probability of no rate change and a 4.4% chance of a 25 basis point rate cut at June's monetary policy meeting. Today, investors will monitor earnings reports from several high-profile companies, with Broadcom (AVGO), Lululemon Athletica (LULU), and Samsara (IOT) slated to release their quarterly results. On the economic data front, investors will focus on U.S. Initial Jobless Claims data, which is set to be released in a couple of hours. Economists expect this figure to be 236K, compared to last week's number of 240K. U.S. Unit Labor Costs and Nonfarm Productivity data will also be closely watched today. Economists forecast Q1 Unit Labor Costs to be +5.7% q/q and Nonfarm Productivity to be -0.8% q/q, compared to the fourth-quarter numbers of +2.0% q/q and +1.7% q/q, respectively. U.S. Trade Balance data will be released today as well. Economists expect the trade deficit to narrow to -$67.60B in April from -$140.50B in March. In addition, market participants will parse comments today from Fed Governor Adriana Kugler, Kansas City Fed President Jeff Schmid, and Philadelphia Fed President Patrick Harker. In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.318%, down -1.01%. The Euro Stoxx 50 Index is up +0.35% this morning, extending gains from the prior session following Germany's approval of a tax relief package, while investor attention turns to the European Central Bank's monetary policy decision. Construction and technology stocks outperformed on Thursday. At the same time, travel stocks lost ground. Data from the Federal Statistics Office released on Thursday showed that Germany's factory orders unexpectedly rose in April, defying concerns that U.S. President Trump's escalating tariffs would dent demand for German goods. Separately, data from Eurostat showed that the Eurozone's monthly industrial producer prices fell more than expected in April, marking the sharpest drop since April 2023. Meanwhile, investors are awaiting the ECB's interest rate decision later in the session, with the central bank widely expected to lower the deposit rate by another 25 basis points to 2.00% amid ongoing easing in Eurozone inflation. That would mark the eighth interest rate cut in an easing cycle that may be approaching its end. Investors will likely focus on signals about future moves and on projections that President Christine Lagarde will present. On the trade front, uncertainty persisted as the Trump administration's deadline for countries to submit their 'best offers' for trade deals passed without any notable developments. In corporate news, Wizz Air Holdings Plc ( plummeted over -26% after the budget carrier posted weaker-than-expected annual operating profit. Germany's Factory Orders and Eurozone's PPI data were released today. The German April Factory Orders arrived at +0.6% m/m, stronger than expectations of -1.5% m/m. Eurozone's April PPI has been reported at -2.2% m/m and +0.7% y/y, weaker than expectations of -1.8% m/m and +1.2% y/y. Asian stock markets today settled mixed. China's Shanghai Composite Index (SHCOMP) closed up +0.23%, and Japan's Nikkei 225 Stock Index (NIK) closed down -0.51%. China's Shanghai Composite Index ended slightly higher today after a private gauge of the nation's services sector helped ease concerns that the economic recovery has stalled. Technology stocks led the gains on Thursday. Rare earth stocks also climbed after a group representing U.S. auto suppliers urged immediate action to address China's restricted exports of rare earths, minerals, and magnets. A private sector survey released on Thursday showed that China's services activity expanded at a faster pace in May, with new orders rising more rapidly than in April, though new export orders fell amid uncertainty related to U.S. tariffs. Still, the benchmark index's gains were limited amid elevated uncertainty surrounding U.S.-China trade relations. U.S. President Donald Trump said on Wednesday that Chinese President Xi Jinping was tough and 'extremely hard to make a deal with,' casting doubt on the prospects for a lasting trade agreement. The focus is now on whether authorities can boost consumption quickly enough to offset the slowdown in external demand. Garrett Melson, a portfolio strategist at Natixis Investment Managers, said, '[While] policy easing continues and trade risks cloud the outlook, the central government has considerable headroom for monetary and fiscal policy easing to support growth.' In other news, Bloomberg reported that Chinese officials summoned senior executives of electric vehicle manufacturers, including BYD, Geely, and Xiaomi, earlier this week to address concerns over the ongoing price war. In corporate news, Beijing Wantai Biological Pharmacy Enterprise jumped +10% after the vaccine maker announced it received approval for its marketing authorization application for its Nine-valent HPV vaccine. The Chinese May Caixin Services PMI came in at 51.1, stronger than expectations of 51.0. Japan's Nikkei 225 Stock Index closed lower today after demand at a 30-year government bond auction was weaker than average. A stronger yen also weighed on investors' risk appetite. Automobile and shipping stocks led the declines on Thursday. Limiting losses, chip stocks advanced, tracking overnight gains in their U.S. peers. Japan's 30-year government bond auction drew the weakest demand since 2023, increasing pressure on the government to adjust the issuance of bonds with super-long maturities. Meanwhile, Reuters reported on Thursday that the Bank of Japan is weighing slowing the pace of tapering in its bond purchases starting next fiscal year, in a move that would underscore its aim to prevent major disruptions in the bond market. On the economic front, government data released on Thursday showed that Japanese real wages declined for a fourth straight month in April, weighed down by persistent inflation that has continued to outpace pay increases delivered by companies so far. Inflation-adjusted real wages, a key gauge of households' purchasing power, declined 1.8% in April from a year earlier, following a revised 1.8% slump in March. Moody's Analytics economist Stefan Angrick said that Japan's regular pay growth is expected to slow in the coming months as higher tariffs impact production and shipments, potentially adding further pressure on real wages. In other news, the Nikkei business daily reported that Japan is preparing to propose enhancing cooperation with the U.S. on rare earth supply chains during the upcoming tariff negotiations. In corporate news, Suzuki Motor dropped over -3% after the Nikkei reported that the automaker suspended production of its Swift model due to China's rare earth export restrictions. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed up +0.51% to 23.52. Pre-Market U.S. Stock Movers MongoDB (MDB) surged over +14% in pre-market trading after the database company posted upbeat Q1 results, raised its full-year guidance, and boosted its share buyback program. Five Below (FIVE) climbed more than +5% in pre-market trading after the specialty discount retailer reported forecast-beating Q1 results and issued solid Q2 guidance. Broadcom (AVGO) rose over +1% in pre-market trading after Erste Group upgraded the stock to Buy from Hold. PVH Corp. (PVH) slumped more than -8% in pre-market trading after the owner of the Calvin Klein and Tommy Hilfiger brands cut its full-year profit guidance. It said its outlook reflects 'an estimated net negative impact related to the tariffs currently in place for goods coming into the U.S.' Chewy (CHWY) fell over -2% in pre-market trading after Jefferies downgraded the stock to Hold from Buy with a price target of $43. Today's U.S. Earnings Spotlight: Thursday - June 5th Broadcom (AVGO), Lululemon Athletica (LULU), Samsara (IOT), Rubrik (RBRK), DocuSign (DOCU), Brown Forman (BFb), Ciena Corp (CIEN), Toro (TTC), Vail Resorts (MTN), Braze (BRZE), IDT (IDT), Cracker Barrel Old (CBRL), Hello Group (MOMO), Petco Health and Wellness (WOOF), Quanex Building Products (NX), Mission Produce (AVO), Guess (GES), Torrid Holdings (CURV), Concrete Pumping A (BBCP), Lands' End (LE), Zumiez (ZUMZ), Duluth Holdings (DLTH), AstroNova (ALOT).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store