Dom Yanchunas

With Memorial Day weekend approaching, the summer driving and boating seasons will contribute to continued demand for gasoline.

The deal gives marine and powersports dealer Power Lodge four locations in Minnesota and one in Florida.

Major U.S. stock indices weakened yesterday, and recreational marine shares fared even worse on a percentage basis.

Company veteran Jorg Franzke replaces Håkan Sterner, who is returning to Sweden.

The builder said new models and a “diversified product portfolio” drove sales growth to record levels.

Organizers said entries for this year’s program must be completed by Aug. 16.

Although overall sales are growing, the company said strategic investments and lower China revenue resulted in persistent losses.

The company said Leslie Zlotnick will oversee advertising, public relations, digital marketing and events.

The Norwegian electric inboard and outboard manufacturer said it will use the funds to further develop its propulsion systems.

Parent Brunswick Corp. said it will open five new locations for this year’s boating season.

The company said the additional manufacturing and warehouse space in Elkhart, Ind., will enable an increase in production.

The RIB builder said Christophe Lavigne will help develop the brand and operations in North America.

Oil supply concerns have lifted the average U.S. price of regular unleaded gasoline to $4.432 per gallon, according to AAA.

Parent company Brunswick Corp. said the achievement highlights its successes in promoting diversity in the marine workforce.

The builder said boat sales rose in the first quarter, with North American sales outperforming, but it did not change its full-year guidance.

The Labor Department reported that core CPI, which excludes food and energy, increased 0.6 percent in April after rising 0.3 percent in March.

The company said net income more than doubled in the first quarter, and sales to marine manufacturers rose 49 percent.

The association, backed by 26 marine organizations, is seeking a federal grant to fund the workforce development program.

Hammond Marine Industry Leadership Award recipient and former Dometic executive Ned Trigg was recognized for his service to the boating industry.

The company said revenue and net income climbed, aided by increased selling prices and an unexpectedly high number of boats delivered.

The wakeboard and ski tower manufacturer will continue to operate independently under the Diamondback Marine brand.

The company said Beth Garland has the HR, management and leadership skills to increase business globally.

Chris Bennett has nearly three decades of experience in the audio and electronics sector.

With the supply chain already tight, longshoremen and cargo companies are to meet for contract negotiations tomorrow in San Francisco.

Ben Duke succeeds Jake Vogel, who will stay on board as a strategic advisor.

After a major market selloff yesterday, today’s monthly jobs report shows continued strength.

President of Yamaha’s U.S. marine unit, Ben Speciale received the Conservation Achievement Award from the Theodore Roosevelt Conservation Partnership.

The Federal Reserve said higher rates are needed to bring inflation under control, and markets edged higher as investors signaled relief that the increase wasn’t more aggressive.

The bill provides key funding to the U.S. Army Corps of Engineers and includes reforms helpful to boating, according to the National Marine Manufacturers Association.

The American Sportfishing Association said the legislation will help protect and develop anglers’ interests on federal lands.

In its first quarter as a separate segment, the marine unit reported net sales of $150 million.

An industry survey found 420,000 first-time buyers purchased new and used boats in 2021, approximately equaling the 2020 total.

The association said Boatline.com, 700Credit and Global Marine Insurance have committed to its second-highest membership level.

This month’s Pulse Report survey asks about inventory shortages and retail trends. Take the survey here.

Torqeedo said it will integrate Proton Motor’s hydrogen fuel cell charging into its Deep Blue battery-electric drive system.

The electronics association will hold its in-person Conference and Expo in Anaheim, Calif., Oct. 3-7.

NMMA Canada says the final legislation extends the exemption date and increases the price threshold for boats.

The Department of Commerce said government spending declined while most private-sector demand indicators strengthened.

The builder will install Harman’s new marine system on all boats that have the Platinum Series audio package, starting with the R33 sterndrive.

The company reported an 18.3 percent increase in net sales for the first quarter, as it responds to demand by maximizing production.

The company reported record revenue, higher same-store sales and wider margins for its second quarter.

This month’s Pulse Report survey asks about dealer inventories and procurement of preowned boats, along with other topics. Take the survey here.

Fire Ranger, a Florida distributor of Sea-Fire Marine products, will focus on expanding nationally.

A 14-year veteran of Yamaha’s WaterCraft division, Ron Campbell succeeds John Rigby, who retired last month.

The company said sales in its marine segment increased, but profit margins narrowed because of supply-chain issues.

Equity markets extended their April selloff yesterday, while crude pricing increased again.

Christopher Stokes has specialized in commercial strategy, sales and branding in various maritime sectors.

The free resources include safety tips, photos, videos and more to promote National Safe Boating Week.