Proterra’s surviving businesses may shed bankruptcy stigma  

The stigma of going through bankruptcy is real, whether personal or corporate. But sometimes, it turns out OK. Consider Proterra Inc., a maker of electric transit buses, battery packs and a developer of charging infrastructure.

Several startups in the electrification space ran out of financial runway. They either disappeared or were absorbed by other companies. Proterra’s electric transit bus business tasted early success after launching in 2004. Investors like automaker General Motors’ venture...

https://www.freightwaves.com/news/proterras-surviving-businesses-may-shed-bankruptcy-stigma

Union Pacific to operate international intermodal terminal in Phoenix

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Union Pacific is beefing up its intermodal offerings through two new options: an international...

https://www.freightwaves.com/news/union-pacific-to-operate-international-intermodal-terminal-in-phoenix

DSV unveils details for new Phoenix-Mesa air cargo operation

Danish logistics powerhouse DSV A/S will start operating its private-label cargo airline next month at relatively unknown Phoenix-Mesa Gateway Airport, a strategic move aimed at courting Arizona’s sprouting semiconductor and electric vehicle industries with direct service that bypasses crowded Los Angeles International Airport.

The world’s third-largest freight forwarder by revenue in February signed a 39-month lease with the Phoenix-Mesa airport authority for a 22,000-square-foot hangar that...

https://www.freightwaves.com/news/dsv-unveils-details-for-new-phoenix-mesa-air-cargo-operation

Work Boat World Emergency Service Vessel Orders and Deliveries Roundup – June 24, 2022

New rescue boats have been delivered to operators in Romania, Finland, and New South Wales in Australia while police patrol craft are entering service in Belgium and the ..

The post Work Boat World Emergency Service Vessel Orders and Deliveries Roundup – June 24, 2022 appeared first on Baird Maritime

https://www.bairdmaritime.com/work-boat-world/small-craft-world/search-and-rescue/work-boat-world-emergency-service-vessel-orders-and-deliveries-roundup-june-24-2022/

BNSF planning massive intermodal, logistics hub near Phoenix

BNSF Railway Co. has acquired a 3,508-acre piece of land in the Phoenix region with plans to develop it as its Western hub, according to state records.

BNSF purchased the property last week for $49.1 million when it was the winning and sole bidder for land at an Arizona State Land Department auction.

The railway said Arizona is an important area for economic growth and the land is a good long-term investment. 

“This land is adjacent to the BNSF rail line [in Phoenix’s West Valley] and BNSF...

https://www.freightwaves.com/news/bnsf-planning-massive-hub-near-phoenix

Historic year continues for commercial real estate sales

Even as the historic growth rate of e-commerce sales has slowed in three of the past five quarters, the need for industrial warehouse space has not.

According to a new report from logistics real estate firm Commercial Edge, transactions closed in the first 11 months of 2021 totaled $61.6 billion across its markets, setting a new all-time high for sales volume. Sales prices averaged $111 per square foot in November, up 27.4% on a year-over-year basis.

“Despite being the 15th-largest market in the...

https://www.freightwaves.com/news/historic-year-continues-for-commercial-real-estate-sales

South Korean company bringing delivery drones to Phoenix

South Korean company pablo air drones technology logistics phoenix arizona

Drone delivery bulls took a hit after news of Amazon’s floundering U.K. drone operations broke on Tuesday, but plenty of smaller players are still working to bring drones to U.S. cities. The latest locale? Phoenix.

South Korea-based Pablo Air announced Wednesday the expansion of its drone delivery business into Phoenix, signing a memorandum of understanding with three local companies to begin testing its established services, as well as its newer innovations. The MOU loops in full-service...

https://www.freightwaves.com/news/south-korean-company-bringing-delivery-drones-to-phoenix

Flood risk for truckers across Southwest

Tractor-trailer heading down desert highway in the rain.

Monsoonal thunderstorms will continue to soak parts of the Desert Southwest through the weekend. This will help chip away at the drought, but the rain could be too much at once in some spots on any given day.

Storms will be scattered Wednesday, becoming more widespread late this week and into the weekend as a more organized weather system impacts the region. Storms will be capable of producing locally heavy rain, strong winds and blowing dust.

Intense rain rates and prolonged rainfall, combined...

https://www.freightwaves.com/news/flood-risk-for-truckers-across-southwest

Most dangerous railroad crossings for US truckers

Tractor-trailer going through a railroad crossing.

Of the nation’s 200,000-plus railroad crossings tracked by the Federal Railroad Administration (FRA), at least 10 accidents apiece occurred at 15 of them from 2006 to 2015. While fatalities didn’t occur at all 15 crossings, and the data didn’t specify how many accidents involved large commercial trucks, the repeated incidents increase the potential for injuries and loss of life.

The FRA said many of the crossings are at busy, multiple-lane intersections in areas with significant truck traffic,...

https://www.freightwaves.com/news/most-dangerous-railroad-crossings-for-us-truckers