Transport Topics
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OAKLAND, Calif. - One of the Port of Oakland's largest terminal operators is gearing up to double its terminal size, which port officials say can increase efficiency and volume at the port, as well as bring in more jobs.
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Bridgestone Americas Inc. announced Joseph Saoud joined the company as president of the truck and bus radial tire unit at Bridgestone Americas Tire Operations.
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Hyperloop Technologies Inc., a Los Angeles-based company building a futuristic transportation system, said it raised $50 million in convertible-debt financing and hired Uber Technologies Inc.'s former chief financial officer.
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Container traffic at the two biggest West Coast ports was mixed in September, with a significant drop in Long Beach because of the Hanjin bankruptcy but a gain in Los Angeles, which had less exposure.
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