Days Away From Change That Impacts Ocean Shipping Lane Costs: The Transpacific Stabilization Agreement (TSA), a collaborative forum for ocean container shipping lines serving the trade lane between Asia and North America, will discontinue publishing its guideline formula for calculating fuel costs in a matter of days.
Original version (in Chinese), TSA No Longer Discuss Tariffs: The cross-Pacific discussion group has had a wide impact and is now of little significance. Recently, with the members agreed to stop the meeting to discuss the market tariffs, surcharges guidance information, such organizations exist value, the future is uncertain.
Trans-Pacific Discussion Group Members No Longer Talk Rates: The future of a once-influential and now-shrunken discussion group of carriers in the trans-Pacific is uncertain after members agreed to stop discussing rate and surcharge guidance, according two executives from member carriers.
Major Announcement To Impact Projected Costs On Ocean Shipping Lane: The Transpacific Stabilization Agreement (TSA), a collaborative forum for ocean container shipping lines serving the trade lane between Asia and North America, will discontinue publishing its guideline formula for calculating fuel costs.
Breakthrough Fuel Invests In Silicon Valley Startup: Breakthrough Fuel, a Green Bay-based company working in transportation energy management, recently made an investment in a Silicon Valley startup.
Peloton Technology Closes $60 Million Series B Funding Round: The semi truck platooning technology firm that we reported on recently, Peloton Technology, has successfully closed a $60 million Series B funding round, according to a recent press release.
Peloton Technology Lands $60 Million In Funding For Automated Trucks: Automated vehicle systems developer Peloton Technology has landed $60 million in funding to accelerate development of its technology that coordinates truck driving controls so they can cruise in highly efficient pairs called “platoons,” Peloton said Wednesday.
Term Sheet — Thursday, April 13: Peloton Technology, a vehicle technology focused on freight transportation, raised a $60 million Series B funding round led by Omnitracs, a fleet management company, alongside existing investors Intel Capital, DENSO International America, BP Ventures, Lockheed Martin, Nokia Growth Partners, UPS Strategic Enterprise Fund, Volvo Group, Sand Hill Angels,...
Venture Capital Deals: Peloton Technology, a Mountain View, Calif.-based developer of connected and automated vehicle technology for freight transportation, has raised $60 million in Series B funding. Omnitracs led the round, and was joined by B37 Ventures, Misui USA, Shlumberger, US Venture, Breakthrough Fuel and return backers Intel Capital, DENSO International America, BP Ventures,...