Cummins CEO moves company forward after record civil emissions fine

COLUMBUS, Ind. — Cummins Inc. CEO Jennifer Rumsey is moving the engine-maker and power distribution company forward after paying a record civil fine for emissions cheating that she said brought some over-the-top federal criticism.

Cummins in December settled a 4 ½-year-old case by paying a civil fine of $1.675 billion to the Environmental Protection Agency. About 1 million engines in Ram pickup trucks — Cummins’ biggest-selling engine program — contained data-defeating emissions software. The...

https://www.freightwaves.com/news/cummins-ceo-moves-company-forward-after-record-civil-emissions-fine

219 Empowering Women in Transport: the maritime industry and the Role of the EU, part 2

Panel discussion in the European Parliament June, 27th 2023, part 2

Episode 219 is the second part of the panel discussion in Brussels organised by Ms Vera Tax, MEP, to raise awareness amongst the maritime community and policymakers about the importance of women and how to improve working conditions in the sector. 

The participants have generously permitted me to share with you what we discussed. 

You will hear five panellists (besides me) speaking;

  • Ms Line Heimstad, Deputy Head of Agreement,...

https://shippingpodcast.com/219-empowering-women-in-transport-the-maritime-industry-and-the-role-of-the-eu-part-2/

Cummins seeking investors for IPO in stand-alone filtration unit

Cummins Inc. is taking its filtration business on the road to win investors for a $273 million  initial public offering. But when all is said and done, its parent will remain the biggest shareholder by far of Atmus Filtration Technologies.

Atmus is offering 14.1 million shares of common stock. Underwriters get a 30-day option to buy 2.1 million additional shares at the IPO price, expected to be $18 to $21 per share.

The Atmus name, announced in February, is derived from the word atmosphere and is...

https://www.freightwaves.com/news/cummins-seeking-investors-for-ipo-in-stand-alone-filtration-unit

211 – Next generation shipping, part 2

What do the young people in our industry think about the future?

Who better to ask than the next generation of shipping? Listen to Jeanna, Alva and Max.

Be comfortable to be uncomfortable; it’s crucial when working at sea. 
The next generation of leaders is singing the same old song; We need to promote working in shipping since hardly anyone knows what it’s like. It’s the same old Cinderella story. It’s time for us to do something about that! Otherwise, the explanations to friends and family will...

https://shippingpodcast.com/211-next-generation-shipping-part-2/

Cummins brands New Power division as future tech-focused Accelera

Cummins Inc. is rebranding its New Power division as Accelera to get more credit for embracing a portfolio of zero-emission propulsion technologies instead of just improving diesel powertrains.

The global power and technology provider is concerned that the public thinks of it primarily as a maker of diesel engines, which has been its identity for more than a century.

Cummins has spent $900 million in research and technology, capital and acquisitions to build a business segment focused on making...

https://www.freightwaves.com/news/cummins-brands-new-power-division-as-future-tech-focused-accelera

208 Heather Enness, Master Mariner

Parenthood at sea

According to the IMO, 2% of seafarers are women at sea. I wonder what the percentage of Mummies at sea is!? Like 0.01%!!?! Less!!?!

A post on LinkedIn sparked my curiosity. Heather Enness, Master Mariner and mother of three, posted the above. Young people I meet in the maritime industry get questions about if they don’t want to have a family since they are going to work at sea. I knew I just had to speak with Heather and find out if that is a hurdle nowadays, to be a parent and...

https://shippingpodcast.com/208-heather-enness-master-mariner/

Wabash CEO leverages military training in transforming trailer business

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How does nearly three years as a nuclear machinist’s mate in the U.S. Navy prepare someone to be CEO...

https://www.freightwaves.com/news/wabash-ceo-leverages-military-training-in-transforming-trailer-business

190 Synnøve Seglem, Deputy Managing Director Knutsen OAS Shipping AS

The change is happening now

Synnøve Seglem is the Deputy Managing Director at Knutsen OAS Shipping AS and the newly elected Chair of the Norwegian Shipowners’ Association.
We have a candid conversation about all the challenges the shipping industry faces. Synnøve has two Masters degrees, both in engineering and maritime finance, not in naval architecture as her father wanted.

We speak about #diversity #recruitment #branding #covid19 and the ongoing war in Ukraine, among other things.

Tune in and...

https://shippingpodcast.com/190-synnove-seglem-deputy-managing-director-knutsen-oas-shipping-as/

185 Joshua M Berger, Founder & President/CEO, Washington Maritime Blue

Get stuff done!

Meet Joshua Berger, Founder & President/CEO of Washington Maritime Blue, in episode 185 of the Shipping Podcast. We speak about #innovation #tech #sustainability #diversity, and Joshua shares the idea behind Washington Blue Maritime.

Since we are both passionate about the idea of clusters, we also discuss what we can learn from other industries.

Lena, who lives in Gothenburg, talks about the #automotive industry and their innovation hub called MobilityXLab. Have a look if you...

https://shippingpodcast.com/185-joshua-m-berger-founder-president-ceo-washington-maritime-blue/

Brand-building platform Heyday locks in $555 million Series C

Brand builder and consolidator Heyday raises $555 million in Series C

Amazon built its business around access, connecting its millions of sellers with its millions of customers in one simple platform. As we now know, that model was pretty effective. It’s been so effective, in fact, that other brands are building their businesses around Amazon’s business.

Brands that exist solely to buy and scale other brands — aggregators, as they are sometimes called — are all the rage right now among big-money investors. Last year, Thrasio, which acquires and scales businesses...

https://www.freightwaves.com/news/brand-building-platform-heyday-locks-in-555-million-series-c

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