Other Transport

Pacific West Partners With Eagle Remediation and Demolition Services

Retrieved on: 
Tuesday, January 17, 2023

Pacific West, LLC (“Pacific West”), a leading specialized rail and industrial services business serving the western United States, announces its investment in Eagle Remediation and Demolition Services (“Eagle”), a leading provider of turn-key environmental services in Texas, Oklahoma, Arkansas and Louisiana.

Key Points: 
  • Pacific West, LLC (“Pacific West”), a leading specialized rail and industrial services business serving the western United States, announces its investment in Eagle Remediation and Demolition Services (“Eagle”), a leading provider of turn-key environmental services in Texas, Oklahoma, Arkansas and Louisiana.
  • Pacific West is excited to have Mark as a key member of the Pacific West executive team and an investor.
  • “I am excited for my team and I at Eagle to join Pacific West and help find new opportunities to expand Pacific West’s environmental services.
  • Bluejay will continue to support the Pacific West and Eagle teams and look forward to additional expansions very soon.”

Zeevo Group Taps Risk and Compliance Expert to Ramp Up Finance Transformation Capabilities

Retrieved on: 
Tuesday, January 17, 2023

Cruz will team with Zeevo leadership to innovate and tailor the suite of tools and offerings, delivering leading practice-driven, best-in-class solutions for addressing clients’ challenges in third-party risk management, contract risk, and compliance, while strengthening the operational and financial control of their organizations.

Key Points: 
  • Cruz will team with Zeevo leadership to innovate and tailor the suite of tools and offerings, delivering leading practice-driven, best-in-class solutions for addressing clients’ challenges in third-party risk management, contract risk, and compliance, while strengthening the operational and financial control of their organizations.
  • “We are thrilled to welcome Jessica to Zeevo, and we look forward to sharing her vast expertise with our clients across industries as they embark on initiatives to streamline contract risk and compliance activities that create significant value for shareholders,” said Zeevo Group CEO Joey Johnsen.
  • Her expertise spans key aspects of internal controls, including: licensing and royalty compliance inspections; third-party risk management; and program/project management.
  • She has built teams and implemented processes for start-up and fast-growing organizations in Europe, the U.S., and Asia.

Yamaha Introduces Upgraded 450-Horsepower XTO Offshore® Outboard

Retrieved on: 
Tuesday, January 17, 2023

Yamaha Marine kicks off 2023 with new product offerings including an updated XTO Offshore outboard which delivers greater convenience, enhanced technology and 450 horsepower.

Key Points: 
  • Yamaha Marine kicks off 2023 with new product offerings including an updated XTO Offshore outboard which delivers greater convenience, enhanced technology and 450 horsepower.
  • View the full release here: https://www.businesswire.com/news/home/20230117005190/en/
    Yamaha introduces an upgraded 450-Horsepower XTO Offshore® Outboard in addition to F200/F150 Models with integrated steering and new Helm Master® EX features.
  • New XTO EC® propellers are now available for applications where propeller ventilation may be an issue due to the power and torque of XTO Offshore outboards.
  • Yamaha also adds a 27-inch pitch to its XTO OS® line of propellers for lighter weight XTO applications that have the available wide-open throttle rpm to potentially drive more top speed.

Surprising LTL strength, falling truckload rates and parcel GRI impacts: Q1 Cowen/AFS Freight Index

Retrieved on: 
Tuesday, January 17, 2023

Compared to the record-high 25.8% figure of just a year ago, the index is projected to be 11.2% in Q1 2023 – an 11.6% year-over-year (YoY) decline.

Key Points: 
  • Compared to the record-high 25.8% figure of just a year ago, the index is projected to be 11.2% in Q1 2023 – an 11.6% year-over-year (YoY) decline.
  • Inflation-driven cost increases, relatively high fuel costs and shipper pricing power are expected to threaten truckload carrier profitability in 2023.
  • While macroeconomic headwinds and flat weight per shipment often point to loosening LTL capacity and falling rates, the data indicates continued strength, with rates heading higher.
  • The express parcel rate per package index is expected to increase in Q1 2023 to 2.7% above the January 2018 baseline, up 1% QoQ and 5.9% YoY.

OBE Power Secures Strategic Funding to Accelerate the Nationwide Expansion of its Electric Vehicle Charging Network

Retrieved on: 
Tuesday, January 17, 2023

OBE Power Networks (“OBE Power”) announces the closing of a senior secured funding facility with SUSI Energy Efficiency Fund II, managed by SUSI Partners, a Swiss-based infrastructure investment manager.

Key Points: 
  • OBE Power Networks (“OBE Power”) announces the closing of a senior secured funding facility with SUSI Energy Efficiency Fund II, managed by SUSI Partners, a Swiss-based infrastructure investment manager.
  • The facility will support OBE Power in further advancing its unique EV Charging-as-a-Service (“EV CaaS”) offering to a fast-growing customer base in the live-work-play-learn ecosystem, thus enabling the company to expand its current Florida and Texas footprint to the entire country.
  • This press release features multimedia.
  • OBE Power is currently ranked as one of the top 15 Charge Point Owners & Operators in the United States.

Crestwood Midstream Announces Private Offering of $500 Million of Senior Notes

Retrieved on: 
Tuesday, January 17, 2023

Crestwood Midstream Partners LP (“CMLP”), a wholly owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today its intention, subject to market and other conditions, to offer $500 million in aggregate principal amount of unsecured Senior Notes due 2031 (the “Notes”) in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Key Points: 
  • Crestwood Midstream Partners LP (“CMLP”), a wholly owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today its intention, subject to market and other conditions, to offer $500 million in aggregate principal amount of unsecured Senior Notes due 2031 (the “Notes”) in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes will be guaranteed on a senior unsecured basis by all of CMLP’s subsidiaries that guarantee its existing notes and the indebtedness under its revolving credit facility (the “Revolving Credit Facility”).
  • CMLP intends to use the net proceeds from the Notes Offering to repay a portion of borrowings under the Revolving Credit Facility.
  • This notice is being issued pursuant to and in accordance with Rule 135(c) under the Securities Act.

Schneider’s first battery electric truck arrives in Southern California

Retrieved on: 
Tuesday, January 17, 2023

Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today that the first of its new battery electric vehicles (BEVs) has arrived in Southern California.

Key Points: 
  • Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today that the first of its new battery electric vehicles (BEVs) has arrived in Southern California.
  • View the full release here: https://www.businesswire.com/news/home/20230116005558/en/
    Schneider eCascadia battery electric truck (Photo: Business Wire)
    The delivery of the first of almost 100 Freightliner eCascadias Schneider will receive from Daimler Truck North America (DTNA) is a highly anticipated moment for the carrier.
  • Schneider anticipates the BEVs will be fully operational by the end of 2023, positioning the company to become one of the largest battery electric truck fleets in North America.
  • Battery electric trucks will help move the company even further toward these goals.

Insights on the On-demand Logistics Global Market to 2031 - Featuring Uber Technologies, FedEx, Amazon and XPO Logistics Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, January 16, 2023

On-demand logistics is a modern logistics strategy which enables companies to fulfill customers' orders as soon as they are placed.

Key Points: 
  • On-demand logistics is a modern logistics strategy which enables companies to fulfill customers' orders as soon as they are placed.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the on-demand logistics market analysis from 2021 to 2031 to identify the prevailing on-demand logistics market opportunities.
  • In-depth analysis of the on-demand logistics market segmentation assists to determine the prevailing market opportunities.
  • The report includes the analysis of the regional as well as global on-demand logistics market trends, key players, market segments, application areas, and market growth strategies.

$11.32 Billion HAZMAT Suits Markets - Global Forecasts to 2027 - Growing Initiatives Towards the Adoption of Industrial Safety - ResearchAndMarkets.com

Retrieved on: 
Monday, January 16, 2023

The growing demand for applications of HAZMAT suits in many end-user industry verticals is burgeoning the market growth in the forecast period.

Key Points: 
  • The growing demand for applications of HAZMAT suits in many end-user industry verticals is burgeoning the market growth in the forecast period.
  • The current prevalence of novel coronavirus infections has surged the market demand, leading to a rise in sales of HAZMAT suits in the current year.
  • Hence, the growing demand for personal protective equipment will surge the market demand for HAZMAT suits over the next five years.
  • The growing initiatives towards the adoption of industrial safety are further propelling the market growth in the forecast period.

USD Clean Fuels Announces the Development of a New Biofuels Terminal in National City, CA that will Supply the San Diego Region with Low Carbon Fuels

Retrieved on: 
Tuesday, January 17, 2023

The terminal will be served by the BNSF Railway and will provide efficient transportation of clean fuels to the area from the Midwest and US Gulf Coast.

Key Points: 
  • The terminal will be served by the BNSF Railway and will provide efficient transportation of clean fuels to the area from the Midwest and US Gulf Coast.
  • Pending receipt of all local and state permits, the terminal is expected to be operational by early 2024.
  • The terminal development is supported by two investment-grade rated parties that signed long-term Terminal Service Agreements.
  • As previously announced, USD Clean Fuels LLC is an entity formed by USD Group LLC to focus on providing production and logistics solutions to the growing market for clean energy transportation fuels.