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UPS Freight Sold to Canada's TFI for $800 Million
UPS Freight sold to Canada’s TFI for $800 million https://www.joc.com/print/3660111 Published on JOC.com (https://www.joc.com) Home > UPS Freight sold to Canada’s TFI for $800 million William B. Cassidy, Senior Editor | Jan 25, 2021 1:14PM EST UPS Freight will be rebranded TForce Freight and operate independently within TFI’s subsidiary network. Photo credit: Sundry Photography/Shutterstock.com. UPS is selling UPS Freight to TFI International, Canada’s largest trucking provider, in a step that will reshape the North American less-than-truckload (LTL) market. TFI, which offers LTL, truckload, and courier services in Canada, will now own the sixth-largest US LTL trucking company. The $800 million sale comes with a five-year service agreement that will ensure UPS Freight will continue to use UPS’s network to fulfill package shipments, UPS said in a statement Monday. That will avoid disruption for shippers that use bundled UPS package and freight services. As it takes on what will be its largest subsidiary in the United States, TFI is expected to try to make its new LTL subsidiary more profitable and more competitive, which could put more pressure on already-climbing LTL rates in 2021. The deal is expected to close in the second quarter. Satish Jindel, president of transportation research firm SJ Consulting Group, said the sale would be beneficial for both UPS and good the US LTL market as a whole. For TFI, the sale vastly expands its US presence, something the company has been building through acquisitions for more than a decade. -
Testimony to US Senate Committee on Energy & Natural Resources
Testimony to US Senate Committee on Energy & Natural Resources September 16, 2008 Thad Balkman General Counsel and VP External Relations, Phoenix Motorcars Mr. Chairman and members of the Committee, this document supplements and expands upon my oral testimony during today’s hearing. Thank you for your invitation to share with you what Phoenix Motorcars is doing to meet the dual challenges of our nation’s dependency on oil and global climate change. We join all Americans in applauding your interest in learning about the current status of vehicles powered by the electric grid and the prospects for wider deployment. Based upon our experience in developing an advanced all-electric Sport Utility Truck, we at Phoenix Motorcars are convinced that all-electric vehicles present the best near-term solution to eliminate our dependence on oil and tackle the difficult challenge of climate change. We hope that the information we share with you this morning will be of value as you consider legislation to address these important issues. Introduction to Phoenix Motorcars Phoenix Motorcars was founded in 2001 in Southern California. Our mission is to develop best- in-class, zero emission vehicles (ZEV) for the U.S. commercial and government fleet markets initially and then later expanding into the consumer market. Phoenix is headquartered in Ontario, California. Our team of employees has over 300 years of collective experience working on vehicle and alternate fuel programs for leading automotive companies. After six years of research and development work into full performance battery electric vehicles, Phoenix began the commercialization process of our Phoenix Sport Utility Truck model with the assistance of many strategic partners including Energy CS, Altairnano Technologies, AeroVironment and many other innovative companies. -
ELECTRIC VEHICLES MARKET IS POWERING up an Industry Snapshot
Investment and Company Research Opportunity Research INDUSTRY SNAPSHOT July 2, 2020 ELECTRIC VEHICLES MARKET IS POWERING UP An Industry Snapshot Featured Companies: Tesla (NASDAQ - TSLA); Nikola (NASDAQ – NKLA); Workhorse Group (NASDAQ – WKHS); Alternet Systems (OTC – ALYI) www.goldmanresearch.com Copyright © Goldman Small Cap Research, 2020 Page 1 of 8 Investment and Company Research Opportunity Research INDUSTRY SNAPSHOT OUR THESIS: As of this writing, shares of Tesla (NASDAQ – TSLA), the undisputed bellwether stock for the electric vehicle market trades at $1121 per share. At current prices, the market cap is over $207 billion, representing over 5 estimated 2021 sales and a whopping 98x next year’s EPS. In many investors’ minds, where Tesla goes, so goes the industry segment, especially as it relates to the capital markets. While TSLA is the industry’s most important company, it is the exact mid-point of 2020, not 2016, and therefore is not the only pubco in the space. In fact, some under the radar firms with exposure to the space offer major upside that may rival TSLA, with varying risk profiles and share prices. Instead of making the case for the industry and its constituents in the lithium, fuel cell, and other segments, we have elected to focus on the vehicle producers, where we believe the greatest attention and upside exist. THE EV MARKET: A BRIEF HISTORY We began writing about the EV market in 2015/2016 and while going over our old reports and blogs, we came across some striking information. In 2016, Bloomberg New Energy Finance (now billed as Bloomberg NEF) projected that by 2040, EV passenger sales will reach 41 million units. -
Electric Vehicle Demonstration Projects In
ELECTRIC VEHICLE DEMONSTRATION PROJECTS IN THE UNITED STATES Prepared For TEKES The Finnish Funding Agency for Technology and Innovation NWV Market Discovery, Inc. 20781 Evergreen Mills Road · Leesburg, VA 20175, USA Tel 1-703-777-1727 · Cell 1-703-909-0603 · URL: www.nwv.com CONTENTS 1. BACKGROUND & OBJECTIVES ________________________________________ 4 2. INTRODUCTION ____________________________________________________ 6 2.1. POLITICAL CONTEXT _________________________________________________ 6 2.2. ELECTRICAL CAR MANUFACTURERS ___________________________________ 7 2.3. MUNICIPALITIES _____________________________________________________ 7 2.4. INFRASTRUCTURE ___________________________________________________ 7 2.5. TECHNOLOGY & COMPONENT SUPPLIERS______________________________ 9 2.6. RETAIL, SALES & CONSUMER SERVICE _________________________________ 9 2.7. FUNDING ___________________________________________________________ 9 2.8. INTERNATIONAL COLLABORATION ___________________________________ 10 2.9. GLOBAL INITIATIVES ________________________________________________ 10 2.10. SOURCES __________________________________________________________ 12 3. DEMONSTRATION & TEST PROJECTS _________________________________ 13 3.1. THE EV PROJECT ___________________________________________________ 13 3.2. PROJECT PLUG - IN _________________________________________________ 18 3.3. USPS PILOT PROGRAM “CONVERT LLVs TO EVs”_______________________ 23 3.4. PORT OF LOS ANGELES ELECTRIC TRUCK DEMONSTRATION PROJECTS ___ 26 3.5. SDG&E CTP EV DEMONSTRATION -
Advanced Technology Equipment Manufacturers*
Advanced Technology Equipment Manufacturers* Revised 04/21/2020 On-Road (Medium/Heavy Duty, Terminal Tractors) OEM Model Technology Vocations GVWR Type Altec Industries, Inc Altec 12E8 JEMS ePTO ePTO ePTO, Utility > 33,000, 26,001 - 33,000 New Altec Industries, Inc Altec JEMS 1820 and 18E20 ePTO ePTO ePTO, Utility > 33,000, 26,001 - 33,000 New Altec Industries, Inc Altec JEMS 4E4 with 3.6 kWh Battery ePTO ePTO, Utility 16,001-19,500, 19,501-26,000 New Altec Industries, Inc Altec JEMS 6E6 with 3.6 kWh Battery ePTO ePTO, Utility 16,001-19,500, 19,501-26,000 New Autocar Autocar 4x2 and 6x4 Xpeditor with Cummins-Westport ISX12N Engine Near-Zero Engine Truck > 33,001 New Autocar Autocar 4x2 and 6x4 Xpeditor with Cummins-Westport L9N Engine Near-Zero Engine Refuse > 33,001 New Blue Bird Blue Bird Electric Powered All American School Bus Zero Emission Bus, School Bus > 30,000 New Blue Bird Blue Bird Electric Powered Vision School Bus 4x2 Configuration Zero Emission Bus, School Bus > 30,000 New BYD Motors BYD 8Y Electric Yard Tractor Zero Emission Terminal Truck 81,000 New BYD Motors BYD C10 45' All-Electric Coach Bus Zero Emission Bus 49,604 New BYD Motors BYD C10MS 45' All-Electric Double-Decker Coach Bus Zero Emission Transit Bus 45' New BYD Motors BYD C6 23' All-Electric Coach Bus Zero Emission Bus 18,331 New BYD Motors BYD K11 60' Articulated All-Electric Transit Bus Zero Emission Bus 65,036 New BYD Motors BYD K7M 30' All-Electric Transit Bus Zero Emission Bus, Transit Bus 30' New BYD Motors BYD K9 40' All-Electric Transit Bus Zero Emission -
Ferguson LTL Carrier Contacts.Xlsx
Mode Managed Transportation Center 17330 Preston Road 200c Updated 1/10/2019 Dallas TX 75252 www.modetransportation.com Mode Transportation Contacts Mode Transportation Main [email protected] 833-235-6208 Transportation Manager Jane McDaniel [email protected] O: 214-445-5226 C: 214-213-7430 Accounts Payable/Billing Charles Cabral [email protected] O: 214-445-5224 C: 469-439-7088 SCAC Carrier Carrier Website PYLE A DUIE PYLE INC https://www.aduiepyle.com/ AACT AAA COOPER TRANSPORTATION http://www.aaacooper.com/ ABFS ABF FREIGHT SYSTEM INC https://arcb.com/abf-freight BEAV BEAVER EXPRESS www.beaverexpress.com/ CENF CENTRAL FREIGHT LINES INC. http://www.centralfreight.com/ CNWY CONWAY/XPO http://www.con-way.com/ DAFG DAYTON FREIGHT LINES, INC. https://www.daytonfreight.com/ DPHE DEPENDABLE HIGHWAY http://www.godependable.com/ EXLA ESTES EXPRESS LINES https://www.estes-express.com/ FXFE FEDEX FREIGHT https://www.fedexfreight.fedex.com/ JJKQ JACK JONES TRUCKING http://www.jjtinc.com/ LKVL LME https://www.lme4me.com/ NPME NEW PENN https://www.newpenn.com/ NOPK NORTHPARK http://nopk.com/ OAKH OAK HARBOR FREIGHT LINES http://www.oakh.com/ ODFL OLD DOMINION FREIGHT LINES https://www.odfl.com/ PENS PENINSULA http://www.peninsulatruck.com/ PITD PITT OHIO EXPRESS INC. https://works.pittohio.com/ RLCA R & L CARRIERS https://www2.rlcarriers.com/ RETL REDDAWAY http://www.reddawayregional.com/ SAIA SAIA MOTOR FREIGHT LINE INC https://www.saia.com/ SEFL SOUTHEASTERN FREIGHT LINES https://www.sefl.com/ -
A Brief History of Grumman Aircraft Engineering Corporation
APOLLO NEWS REFERENCE A BRIEF HISTORY OF GRUMMAN AIRCRAFT ENGINEERING CORPORATION Grumman has come a long way since it opened shop in a rented garage in 1930. Its six founders and fifteen employees, within a year, fulfilled their first government contract: delivery of two amphibious aircraft pontoons. Today with more than 25,000 employees in 35 Long Island plants and 25 field locations, the Corporation is involved in research, development and production programs that encompass aircraft, spacecraft, support equipment, land vehicles, surface vessels, and submersibles. The story of Grumman military aircraft begins in 1933 with the development of the FF-1 (a Navy biplane fighter) and proceeds to the Navy Intruders, the Army Mohawks and the current Navy F-14 Tomcat. The Corporation produced the Denison hydrofoil boat for the U. S. Maritime Administration, the Dolphin hydrofoil for commercial service and the PG(H) Flagstaff, a military hydrofoil. For undersea research, a Grumman research submersible, the Ben Franklin, was designed and built for the historic Gulf Stream Drift Mission. In commercial aviation, Grumman is producing the Ag-Cat for crop dusting and spraying, as well as the fan-jet Gulfstream II corporate transport, the follow-on to the Gulfstream I, of which 200 were produced. With the award of a contract from the Department of Transportation, Grumman moved ahead in a new field of passenger conveyance, the Tracked Air Cushion Vehicle (T ACRV). Wind tunnel testing has been conducted and testing is being scheduled at the Federal High Speed Ground Transportation Test Center in Pueblo, Colorado for the Grumman TACRV. -
Motor Vehicle Make Abbreviation List Updated As of June 21, 2012 MAKE Manufacturer AC a C AMF a M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd
Motor Vehicle Make Abbreviation List Updated as of June 21, 2012 MAKE Manufacturer AC A C AMF A M F ABAR Abarth COBR AC Cobra SKMD Academy Mobile Homes (Mfd. by Skyline Motorized Div.) ACAD Acadian ACUR Acura ADET Adette AMIN ADVANCE MIXER ADVS ADVANCED VEHICLE SYSTEMS ADVE ADVENTURE WHEELS MOTOR HOME AERA Aerocar AETA Aeta DAFD AF ARIE Airel AIRO AIR-O MOTOR HOME AIRS AIRSTREAM, INC AJS AJS AJW AJW ALAS ALASKAN CAMPER ALEX Alexander-Reynolds Corp. ALFL ALFA LEISURE, INC ALFA Alfa Romero ALSE ALL SEASONS MOTOR HOME ALLS All State ALLA Allard ALLE ALLEGRO MOTOR HOME ALCI Allen Coachworks, Inc. ALNZ ALLIANZ SWEEPERS ALED Allied ALLL Allied Leisure, Inc. ALTK ALLIED TANK ALLF Allison's Fiberglass mfg., Inc. ALMA Alma ALOH ALOHA-TRAILER CO ALOU Alouette ALPH Alpha ALPI Alpine ALSP Alsport/ Steen ALTA Alta ALVI Alvis AMGN AM GENERAL CORP AMGN AM General Corp. AMBA Ambassador AMEN Amen AMCC AMERICAN CLIPPER CORP AMCR AMERICAN CRUISER MOTOR HOME Motor Vehicle Make Abbreviation List Updated as of June 21, 2012 AEAG American Eagle AMEL AMERICAN ECONOMOBILE HILIF AMEV AMERICAN ELECTRIC VEHICLE LAFR AMERICAN LA FRANCE AMI American Microcar, Inc. AMER American Motors AMER AMERICAN MOTORS GENERAL BUS AMER AMERICAN MOTORS JEEP AMPT AMERICAN TRANSPORTATION AMRR AMERITRANS BY TMC GROUP, INC AMME Ammex AMPH Amphicar AMPT Amphicat AMTC AMTRAN CORP FANF ANC MOTOR HOME TRUCK ANGL Angel API API APOL APOLLO HOMES APRI APRILIA NEWM AR CORP. ARCA Arctic Cat ARGO Argonaut State Limousine ARGS ARGOSY TRAVEL TRAILER AGYL Argyle ARIT Arista ARIS ARISTOCRAT MOTOR HOME ARMR ARMOR MOBILE SYSTEMS, INC ARMS Armstrong Siddeley ARNO Arnolt-Bristol ARRO ARROW ARTI Artie ASA ASA ARSC Ascort ASHL Ashley ASPS Aspes ASVE Assembled Vehicle ASTO Aston Martin ASUN Asuna CAT CATERPILLAR TRACTOR CO ATK ATK America, Inc. -
Aircraft Collection
A, AIR & SPA ID SE CE MU REP SEU INT M AIRCRAFT COLLECTION From the Avenger torpedo bomber, a stalwart from Intrepid’s World War II service, to the A-12, the spy plane from the Cold War, this collection reflects some of the GREATEST ACHIEVEMENTS IN MILITARY AVIATION. Photo: Liam Marshall TABLE OF CONTENTS Bombers / Attack Fighters Multirole Helicopters Reconnaissance / Surveillance Trainers OV-101 Enterprise Concorde Aircraft Restoration Hangar Photo: Liam Marshall BOMBERS/ATTACK The basic mission of the aircraft carrier is to project the U.S. Navy’s military strength far beyond our shores. These warships are primarily deployed to deter aggression and protect American strategic interests. Should deterrence fail, the carrier’s bombers and attack aircraft engage in vital operations to support other forces. The collection includes the 1940-designed Grumman TBM Avenger of World War II. Also on display is the Douglas A-1 Skyraider, a true workhorse of the 1950s and ‘60s, as well as the Douglas A-4 Skyhawk and Grumman A-6 Intruder, stalwarts of the Vietnam War. Photo: Collection of the Intrepid Sea, Air & Space Museum GRUMMAN / EASTERNGRUMMAN AIRCRAFT AVENGER TBM-3E GRUMMAN/EASTERN AIRCRAFT TBM-3E AVENGER TORPEDO BOMBER First flown in 1941 and introduced operationally in June 1942, the Avenger became the U.S. Navy’s standard torpedo bomber throughout World War II, with more than 9,836 constructed. Originally built as the TBF by Grumman Aircraft Engineering Corporation, they were affectionately nicknamed “Turkeys” for their somewhat ungainly appearance. Bomber Torpedo In 1943 Grumman was tasked to build the F6F Hellcat fighter for the Navy. -
11 Electric Vehicle Stocks to Buy for 2021
INVESTOR PLACE 11 ELECTRIC VEHICLE STOCKS TO BUY FOR 2021 LUKE LANGO How to turn the electric disruption of transportation into your million-dollar opportunity When it comes to identifying next-generation breakthrough investments that could rise 100%, 200%, 500%, or more, I always come back to one saying. Where there’s disruption, there’s opportunity. Case-in-point: The internet. Throughout the 1990s, the emergence of the internet rapidly disrupted how people across the globe worked, communicated, and played. For many, it was a scary time. Change is never easy. For many more, it was an exciting time, as the internet was unlocking a new world of possibilities. But… for investors… it was an opportunity. Specifically, it was a once-in-a-decade opportunity to invest early in emerging titans of the internet industry. Like Amazon (AMZN)… when it was a $438 million company in 1997… It’s a $1.6 TRILLION company today – representing a whopping 365,000% return. That means a mere $1,000 investment in Amazon in 1997 would be worth more than $3.6 million today. 2 Luke Lango’s Hypergrowth Investing Need I say more? Where there’s disruption, there’s opportunity – and the bigger the disruption, the bigger the opportunity. Right now, we are on the cusp of an enormous disruption. This disruption will fundamentally and entirely change the world’s multi-trillion-dollar transportation work. In its wake, it will create new hundred-billion-dollar titans of the auto industry – most of whom are just tiny companies today. What disruption am I talking about specifically? The shift toward electric vehicles. -
Key Barriers Affecting E-Truck Adoption, Industry and Policy Implications, and Recommendations to Move the Market Forward
World Electric Vehicle Journal Vol. 8 - ISSN 2032-6653 - ©2016 WEVA Page WEVJ8-0657 EVS29 Symposium Montréal, Québec, Canada, June 19-22, 2016 2015 E-Truck Task Force: Key Barriers Affecting E-Truck Adoption, Industry and Policy Implications, and Recommendations to Move the Market Forward Tom Brotherton1, Alycia Gilde, Jasna Tomic 1CALSTART, 48 S Chester Ave, Pasadena, CA 91106, [email protected] Summary CALSTART’s E-Truck Task Force (ETTF) produced a report outlining the markets for electric drive trucks (E-Trucks), the prime barriers facing their success and provided key findings and recommendations to support expanding E-Truck adoption. Four key findings have been identified by the E-Truck Task Force as barriers currently affecting the growth and viability of E-Truck sales; 1) high incremental cost, 2) poor vehicle quality and support from supplier(s), 3) unexpected costs and energy planning with infrastructure, and 4) reduced operation in extreme climates. The E-Truck Task Force developed a set of action-oriented recommendations for overcoming each barrier. 1. E-Truck Task Force Background 1.1 Key Findings from 2012 E-TTF Report CALSTART’s E-Truck Task Force (E-TTF) was originally created in 2011 to help understand, support and expand the production and successful deployment and use of plug-in electric trucks and buses. CALSTART published E-Truck Task Force Findings and Recommendations in 2012 based on a year-long research and industry engagement process. In that report CALSTART outlined the best use profiles for successful E-Truck deployment, provided a business case calculator for fleets, highlighted early adopter user experience, developed an infrastructure planning guide, and then established industry recommendations of actions required to speed market success. -
GM Sells Shuttered Ohio Assembly Plant to Electric Vehicle Startup by David Welch November 7, 2019, 3:10 PM EST
Hyperdrive GM Sells Shuttered Ohio Assembly Plant to Electric Vehicle Startup By David Welch November 7, 2019, 3:10 PM EST Lordstown Motors is still raising money for its plug-in pickup CEO Steve Burns says he hopes to start production in late 2020 rally-goers from selling their homes because of all the jobs he would bring back to the area. Democrats seized on the development as a symbol of unfulfilled promises made to voters in a key battleground state. Trump was so eager to endorse GM’s discussions to sell the Lordstown plant that he preempted the announcement of the talks in May by the largest U.S. automaker and Workhorse. But both companies are on shaky financial footing, with Workhorse totaling just $6,000 of revenue during its latest quarter. American flags fly in front of the GM plant in Lordstown, Ohio, in March. The automaker has sold the factory to Lordstown Motors. Lordstown Motors Corp., the electric-truck startup formed specifically to save a shuttered Ohio car factory, has acquired the highly politicized plant from General Motors Co. The acquisition that the two companies announced Thursday ends an era that began when GM opened the complex in 1966. The factory’s fate was largely sealed when the United Auto Workers union was unable to convince GM to keep it in the fold as part of a new labor contact ratified late last month. With the plant acquisition out of the way, Steve Burns, who Terms of the deal aren’t being disclosed. Workhorse Group used to lead Workhorse and is now chief executive officer Inc., which is affiliated with Lordstown Motors but doesn’t of Lordstown Motors, is turning his attention to phase two: share any ownership, soared 27% to close at $3.13 in New seeking cash to convert the Lordstown plant from making York trading.