News Hub | News Direct

Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
Article thumbnail News Release

TRAVEL TECHNOLOGY ASSOCIATION CALLS FOR END OF PRE-DEPARTURE COVID-19 TESTING FOR INBOUND VACCINATED TRAVELERS

Travel Tech

The Travel Technology Association (Travel Tech), the voice of the travel technology industry, called for eliminating the testing requirement for US-bound vaccinated travelers based on data and science. On January 19, 2022, The World Health Organization recommended the following to state parties: “Lift or ease international traffic bans as they do not provide added value and continue to contribute to the economic and social stress experienced by States Parties. The failure of travel restrictions introduced after the detection and reporting of Omicron variant to limit international spread of Omicron demonstrates the ineffectiveness of such measures over time.” Steve Shur, President of Travel Tech, issued the following statement suggesting rebuilding the global travel and tourism sector by taking a risk-based, data-driven, long-term approach to the endemic: “Travel Tech’s members who maintain the transparent and competitive marketplace for travel, urge the US Government to act on behalf of travel consumers globally, who desperately want to get back to seeing family and friends, business travel and exploring the wonders of the world. With the recently announced WHO recommendations, Travel Tech fully supports revising US international travel restrictions that are aligned with prevailing data driven methodologies while calculating potential risks. Travel Tech urges the US government to eliminate the 24-hour pre-departure testing requirement for vaccinated inbound passengers. Governments around the globe continue implementing and revising a wide variety of vaccination, testing, and quarantine requirements. These measures failed to prevent the spread of Covid. Restrictions slowed the recovery of our collective economies and the travel and tourism industry overall. Reconsideration of these policies is overdue. The UK, Italy, Denmark, and others are leading by relaxing travel restrictions. The US can’t afford to wait any longer.” ### About Travel Tech The Travel Technology Association (Travel Tech) is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. Travel Tech represents the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, travel management companies, and short-term rental platforms. To schedule an interview with a Travel Tech spokesperson, contact Dan Rene of kglobal at 202-329-8357 or daniel.rene@kglobal.com. Please visit https://www.traveltech.org. Contact Details kglobal Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.traveltech.org.

February 02, 2022 06:00 PM Eastern Standard Time

Article thumbnail News Release

Cooper Standard Announces Date for Release of Fourth Quarter and Full Year 2021 Results, Provides Details for Management Conference Call

Cooper Standard Holdings Inc.

Cooper-Standard Holdings Inc. (NYSE: CPS) expects to release its financial results for the fourth quarter and full year 2021 on Thursday, February 17 after market close. The Company’s earnings results will be posted to the Cooper Standard website ( http://www.ir.cooperstandard.com ) once released. Cooper Standard will host a conference call on Friday, February 18 at 9 a.m. ET. The Company’s Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial Officer Jonathan Banas will discuss the financial results, provide a general business update and respond to investor questions. A link to the live webcast of the call (listen only) and presentation materials will be available on Cooper Standard’s Investor Relations website at http://www.ir.cooperstandard.com. To participate by phone, callers in the United States and Canada should dial toll-free 877-374-4041 (international callers dial 253-237-1156) and provide the conference ID 7481647 or ask to be connected to the Cooper Standard conference call. Representatives of the investment community will have the opportunity to ask questions after the presentation. Callers should dial in at least five minutes prior to the start of the call. Individuals unable to participate during the call may visit the investors’ portion of the Cooper Standard website ( http://www.ir.cooperstandard.com ) for a replay of the webcast. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 25,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. ### CPS_F Contact Details Contact for Media: Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Contact for Analysts: Roger Hendriksen +1 248-596-6465 roger.hendriksen@cooperstandard.com Company Website http://www.cooperstandard.com/

February 01, 2022 08:30 AM Eastern Standard Time

Article thumbnail News Release

Volatus Aerospace to Acquire MVT Geo-Solutions Inc., a Quebec-based Geomatics Service Company

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (“Volatus”) is pleased to announce that it has entered into a definitive agreement to acquire MVT Geo-Solutions Inc. (“MVT”), a Quebec, Canada-based leader in geomatics innovations. MVT’s team of geomatics scientists, engineers, and other professionals combine the technologies and knowledge necessary for the acquisition and processing of various types of data used to study Earth, its phenomena and its resources. Services include data collection, processing, and analysis to a variety of industries including civil engineering, transport, hydrography, natural resource management, forestry, and public safety. MVT had unaudited revenues of C$1.4M in 2021 including geomatics services, equipment sales and training with a net profit margin of 12%. Key Highlights of the Transaction: Expands Volatus footprint in Quebec, one of the largest markets in Canada Increased expertise in geomatics Scalable relationships with some of Canada’s largest companies Established agreements with key equipment manufacturers can be scaled across the Volatus network “Volatus has long seen MVT as the leader in geomatics and drone services in the Quebec market. Adding their capabilities and regional market presence is an important step for Volatus and consistent with our mission to lead consolidation in the markets we serve,” stated Glen Lynch, CEO of Volatus. “Under the continued leadership of its CEO Maude Pelletier, our objective is for MVT to propagate its expertise across Volatus and leverage our scale to expand existing customer relationships from regional to national and international.” “Since its beginning in 2016, MVT has built strong relationships by delivering innovative geomatics services throughout Quebec and Eastern Canada,” said Maude Pelletier. “Joining Volatus provides the resources, scale and market presence to help accelerate MVT’s growth and contribute to the overall capabilities of Volatus.” The total consideration payable in connection with the acquisition of 100% of MVT shares is $1,200,000 CAD, which will consist of: (i) $850,000 CAD paid in cash; and (ii) the balance in common shares of Volatus having a value of $350,000 CAD, calculated based on the last closing price of the Volatus common shares on the TSX Venture Exchange prior to the closing of the acquisition. The acquisition is expected to accelerate growth through MVT’s leverage of the Volatus sales and marketing resources, North American pilot network, and Volatus’ strengths in agriculture, façade inspections, and cargo solutions. Volatus intends to leverage MVT’s geomatics capabilities, and technical strengths, particularly with respect to LiDAR, throughout its existing operations. This transaction is subject to a number of customary conditions including TSX Venture Exchange approval and due diligence. The scheduled closing date is February 28 th. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding Forward-Looking Information This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the expectation that the acquisition described will close; (ii) the anticipated benefits to Volatus and its stakeholders from the acquisition; (iii) the effects of the acquisition on the business of Volatus and MVT and (iv) the business plans and expectations of the Corporation. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. For instance, conditions to the closing of the proposed acquisition may not be satisfied and closing may not occur within the anticipated time frame, if at all and anticipated benefits to the acquisition may not materialize. Readers are referred to the risk factors associated with Volatus’ business described in Volatus’ management information circular dated November 14, 2021, and filed on www.SEDAR.com on November 16, 2021. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker, Chief Operating Officer +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

February 01, 2022 08:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Agora Data names Josh Pezzuto as Senior Vice President, Head of Sales

Agora

Agora Data, inventor of the first-ever crowdsourced securitization, reducing interest rate line of credit and technology platform supplying book value of loans for the subprime auto industry, today announced Josh Pezzuto has joined the company as Senior Vice President, Head of Sales. He will lead Agora’s sales team as the company continues its quest to make game-changing funding solutions and portfolio analytics available nationwide to Buy Here Pay Here dealers and finance companies. Pezzuto’s diverse sales and operations background spans multiple industries across his career. He has a proven track record of leading, growing and training teams to achieve measurable results. Pezzuto has worked for both startups and well-established, global corporations. The ability to thrive in any environment has contributed to his consistent success over the past two decades. In addition, Pezzuto’s fierce creativity and innovative thinking have been crucial to solving the toughest challenges along the way. Steve Burke, CEO of Agora Data, said, “Josh is a perfect fit for Agora’s trailblazing, entrepreneurial culture. We are breaking down more barriers for the Buy Here Pay Here industry every day. I believe Josh’s impeccable sales expertise, technology background and superior leadership skills are exactly what Agora and the industry needs to help even more dealers fuel their businesses and surpass their growth goals.” Pezzuto commented, “When I learned about Agora’s disruptive vision, I knew this was the place for me. I’m inspired by the company’s commitment to leveling the playing field for a notoriously underserved market, subprime auto dealers. Most of all, I’m excited to expand Agora’s impact by connecting more dealers and finance companies with the kind of funding and data analytics previously only available to mega-size operations.” About Agora Data, Inc: Agora Data’s platform delivers a suite of tools to empower Buy Here Pay Here dealers and finance companies to finance their subprime customers. Agora’s family of auto finance products provides a wide range of critical funding paths so originators can obtain the cash they need to fuel growth, compete, and build wealth. Powered by patent pending technology, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021. For more information, visit agoradata.com or contact us at 877-592-4672. Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/

January 31, 2022 09:03 AM Eastern Standard Time

Article thumbnail News Release

Foresight Collaborates with a Leading Tier One Supplier on Enhancing ADAS Vision Systems

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today the signing of a joint proof of concept (POC) project with the American division of a leading Japanese Tier One supplier for the automotive industry. This project follows a successful evaluation of the QuadSight ® vision system prototype reported by the Company on March 19, 2021. The project consists of technological evaluation and testing of predefined simulated and real-life scenarios. Foresight intends to demonstrate its ability to create a stereo pair using the leading Tier One supplier’s existing camera hardware in order to generate rich perception based on enhanced 3D depth map, accurate distance measurement and object detection, thereby leveraging Foresight’s stereoscopic technology to enhance the leading Tier One supplier’s existing system. Foresight’s proprietary Mono2Stereo™ software-based solution uses the overlapping fields of view of existing mono cameras to create a 3D perception stereo vision system and improve the overall probability of detection. “We are excited to see increased interest in our unique technology from the automotive industry, as more companies that have evaluated our QuadSight prototype system choose to proceed to POC projects with us. We believe that having been chosen by a leading Tier One supplier of automotive stereo vision systems validates the added value of our stereoscopic technology to enhance existing advanced driver assistance systems (ADAS) and amplify their performance, resulting in better distance accuracy and more robust active safety features,” said Haim Siboni, CEO of Foresight. “Our solution can be readily deployed in vehicles equipped with Level 2 and Level 2 plus autonomy systems, without requiring additional hardware and design changes. We believe that teaming up with the leading Tier One supplier may potentially lead to further collaborations with vehicle manufacturers worldwide.” Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the project with the leading Tier One supplier of stereo vision systems and the Company’s belief that teaming up with the leading Tier One supplier validates the added value of its technology to the leading Tier One supplier’s ADAS systems and may potentially lead to further collaborations with vehicle manufacturers worldwide. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

January 31, 2022 08:10 AM Eastern Standard Time

Article thumbnail News Release

BitX Funding Triumphs With Record 2021 Results

BitX Funding

Fairfield, CT., January 24, 2022— BitX Funding, one of the most prominent alternative lenders in Southern Connecticut, announced a banner year for growth in 2021. Overall, revenue went up 10%, new users increased by 70%, impressions went up 300%, and business applications came in at a rate of 1,275% more than the previous year. Out of all the loans that BitX sold, Startup loans had the highest increase. “Our economy saw solid growth in small business lending and the startup loan category lead the way due to the great resignation”, said Todd Rowe, president of BitX Funding. “We continue to grow BitX revenue with support from internal sales, record marketing results, CT Innovations mentor support, and our raving fans. Our 2022 goals are to continue to build out our lending platform, grow our lender base, obtain our own lending facility, and drive client growth. Our goals are to increase revenue by 160%, have a 133% increase in units sold, and a loan amount increase of 200% in 2022.” Rowe continues to promote his company as a marketplace for small business loans, especially with young entrepreneurs. With one click, you can get a response to your loan request within 24 hours. That makes BitX Funding a partner you can trust in 2022. BitX Funding is an omnichannel marketplace for alternative small business loans and business insurance. BitX connects their clients with the right loan and lender from SBA 7a, start-up loans, short-term loans, mid-term loans to merchant cash advances and business lines of credit. BitX is where lenders compete for your business. Our top-rated lenders focus on real-life business data and cash flow, which means you can qualify for small business loans even if your credit score isn’t perfect. We care about small business and it’s our mission to secure the right funding when you need alternative small business loans within our small business loan marketplace. Contact Details BitX Funding Todd Rowe +1 203-763-1430 info@bitxfunding.com Company Website https://www.bitxfunding.com

January 27, 2022 01:05 PM Eastern Standard Time

Article thumbnail News Release

Xeneta Acquires Leading Provider of Air Freight Market Intelligence, CLIVE Data Services

Xeneta

Xeneta, the leading ocean and air freight rate benchmarking, market analytics platform and container shipping index, has acquired Amsterdam-based air freight data analysts CLIVE Data Services to provide the most timely and comprehensive insights into the global ocean and air freight markets. This transaction comes seven months after Xeneta announced it was partnering with CLIVE to integrate its ‘dynamic load factor’ and capacity analyses into Xeneta’s market analytics platform. “We want our customers to have the best and most timely global ocean and air freight data trends,” said Xeneta CEO, Patrik Berglund. “The unique insights and timelines of CLIVE’s air freight data make it a great addition to our freight data offering. Our combined data services and industry expertise make us second to none in providing clear insights into the global freight markets. We gladly welcome Niall’s extensive air freight expertise to Xeneta’s leadership team to strengthen Xeneta’s technology and data-driven approach within the air freight space. Our recent Series-C funding is allowing us to speed up the delivery of new services and to further expand our global footprint.” Niall van de Wouw, co-founder of CLIVE Data Services, commented: “The recent partnership with Xeneta has given us valuable insights into our respective data offerings, and the additional value we can deliver by combining our expertise and resources. For CLIVE’S clients, this exciting new development will provide opportunities to further populate our data and give us the ability to help them extract more value from our data services. Our decision to team up with Xeneta was not only driven by the complementary service offering. Patrik and his team have built a great company with a unique business culture and I am really looking forward to becoming part of that.” The global freight market has been through its most dynamic period ever in the last two years. This has heightened demand for more timely data to help companies deal with this volatile time in an informed manner. By tracking daily fluctuations in the ocean and air freight markets, Xeneta supports its clients with making smarter ocean and air freight decisions. About Xeneta Xeneta is the leading ocean freight rate benchmarking and market analytics platform transforming the shipping and logistics industry. Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behavior—reporting live on market average and low/high movements for both short and long-term contracts. Xeneta’s data is comprised of over 280 million contracted container and air freight rates and covers over 160,000 global trade routes. Customers include General Mills, Volvo, John Deere, Amer Sports, Rockwell Automation and CEVA Logistics, ABB, Electrolux, Continental, Unilever, Nestle, L’Oréal, Thyssenkrupp and more. Each relies on Xeneta to gain better market visibility into freight rate pricing factors, which enable them to minimize supply chain disruptions. Xeneta is a privately held company with headquarters in Oslo, Norway, and regional offices in New Jersey and Hamburg. To learn more, please visit www.xeneta.com. About CLIVE Data Services Headquartered in Amsterdam, the Netherlands, CLIVE provides near-real time pricing, volume, capacity and load factor trends on the general air cargo market. It provides each Tuesday in-depth analyses for the previous week. CLIVE’s ‘dynamic load factor’ analysis refreshes the way air cargo capacity usage is traditionally measured to reflect modern day reality. To learn more, please visit www.useclive.com Contact Details Katherine Barrios +47 951 46 414 press@xeneta.com

January 27, 2022 04:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Kevin Hart’s 1969 Plymouth Roadrunner by Salvaggio Design

Salvaggio Design

Most people know international superstar Kevin Hart as a comedian and actor, but his friends know him as a car guy. He has a passion for American Iron; Detroit muscle cars that are both menacing and missile-fast. Hart doesn’t want to merely look at his collection; he likes to jump in and drive. In Los Angeles traffic. On hot summer days. And while the contents of Hart’s garage might be older than the owner, he enlists specialized craftsmen to ensure each car has the performance and reliability he needs. One of those craftsmen is Wisconsin-based Dave Salvaggio. The pair worked together on previous projects, and Kevin knocked on the door of the new Salvaggio Design workshop to outline his next ambitious plan. His vision was a tribute to the Mopar muscle of the late 1960s. He is also fascinated by Hollywood slasher movies, naming each car after special characters. They needed a car that would fit the bill, and a 1969 Plymouth Roadrunner was the ideal platform. Working with lead designer Sean Smith at Salvaggio Design, a timeless heritage build was imagined, embracing true Mopar muscle car spirit. Hart’s priorities were a Hemi engine, custom carbon fiber pieces, a sinister black and orange Halloween appearance, and aggressive stance with modern components. He wanted a vehicle that would appear simple and industrial, choosing traditional hubcaps to conceal the modern wheels, for example. They created a car people could admire from a distance, but only truly appreciate its sophistication when up close. Hart’s vision demanded the Roadrunner would be all about the detail. ROADRUNNER Starting with a sound donor car, the team at Salvaggio Design used 3D scanning to create a computer model before designing a custom frame with CAD software. Accepting valuable input from Detroit Speed & Engineering on its X-Gen 595 front suspension package, the frame was fabricated by Salvaggio team members Craig Provencher, Telly Violetto and Randy Russell. The result proved so successful that the frame will soon be available separately for all Mopar B body platforms. The same metalworkers built the rollcage, fabricated removable floors, a custom firewall, radiator support, wheel tubs, trunk, and more. They also shaved the drip rails to create cleaner lines without diminishing the original Plymouth design. When the paint was dry, the only original parts on the car were the roof, doors, fenders and rear quarter panels. Everything else was replaced, revised or rejuvenated. Among the new panels was a carbon fiber hood designed by Sean Smith who integrated styling cues from the Roadrunner’s A12 race package. Sean also devised the flush-fitting carbon fiber bumpers that adorn the vehicle, manufactured by Brothers Composites. The bodywork, metal finishing and paint was undertaken by Mark Klos at Salvaggio Design, along with Eric Johnson on paint finishing. Mark and the team spent countless hours sanding and shaping the Roadrunner’s sharp line and long panels until it was ready for multiple coats of pure BASF Black paint. It has a high gloss exterior, matte clearcoat for the interior, and matte orange pearl underneath. While the bodywork was underway, Sean designed a plethora of billet parts. Each was created in 3D by Mike Gundert from RAZ Technical Solutions and machined from solid aluminum. The headline act is the three-piece grille that borrows from the original but turns it up to 11. The machined metal was finished in brushed nickel by the artisans at Ogden Chrome, who contributed significantly to the project. The next billet project was the driver’s door mirror. Inspired by the original again, it takes the mirror to a place never imagined in 1969. The finish repeats the brushed nickel and adds a Halloween orange flourish to catch the eye. Billet tail light surrounds accommodate LED halos for turn and brake light functions. Each corner is hinged, giving access to the fuel filler on the driver’s side and battery disconnect on the other. The door handles were also inspired by the originals and machined from billet. Sean was able to slim the profile, remove the lock, and carve a pocket into the leading edge like a chef’s knife, improving its ergonomics. The final exterior embellishment was a set of three-piece billet hub caps that conceal HRE wheels. The hub caps pay tribute to the ’69 Roadrunner’s original “dog dish” caps but introduce far more detail, texture and solidity. You won’t see these caps fly off when Kevin takes a tight turn! Billet elements were incorporated inside the car as well, with door handles added to the exquisite door cards, and the Roadrunner steering wheel given a thorough makeover. The wheel is intended to give Kevin more connection to the car as we grabs the billet gear shifter, which resembles a slasher movie knife. As before, all billet parts received a brushed nickel finish with strategically placed Halloween orange highlights as needed. HEMI Built by Mario Abascal at Gearhead Fabrication, Salvaggio describes the 426ci Hemi as a hybrid Demon / Hellephant motor that was designed to run on California 91-octane fuel. It develops a phenomenal, dyno-proven 940hp. Internally, the V8 was equipped with a Winberg crank, CP pistons, Boostline rods, ARP hardware, Dodge Demon camshaft, ported Demon heads, Holley Dominator EFI fuel injection, and a Magnaflow exhaust. The engine is crowned by a Whipple 3.8L supercharger with bespoke CNC housing painted Orange Candy satin. The monstrous engine rests in a handcrafted bay designed to expose the rollcage and highlight some of the mechanical aspects. It creates an industrial look that conceals the induction system and throttle body, allowing the custom supercharger to take center stage. The Hemi valve covers were redesigned to echo the industrial theme, while a power steering reservoir was machined to replace the stock plastic part. To cool the Hemi in LA traffic, Salvaggio fitted a Power Cool radiator with SPAL fans, and to cool Kevin there’s air conditioning by Vintage Air. At Kevin’s request, the Hemi is regulated by a Tremec 6060 six-speed manual transmission, which was strengthened for this application. John’s Industries fabricated the rear axle assembly using a 9” center section and 3.70 gear ratio. The axle is a favorite of Dave Salvaggio because they’ve always proven exceptionally strong and every axle is dyno tested to ensure quiet running. As we mentioned, the DSE Gen-X 595 front suspension was an integral piece of the chassis design. It was grafted into the Salvaggio frame rails to create a full frame body. Fitted with JRI shocks front and rear, the suspension system will provide both the comfort and handling Kevin requires. The brakes are the latest equipment from Brembo, utilizing lightweight six-piston calipers at the front and large 14” rotors, while the rear has four-piston calipers and 13” rotors to get the job done. The high-spec braking equipment is somewhat hidden behind the black HRE wheels. Manufactured in lightweight aluminum, the 18x10” front and 20x12” rears are designed to resemble traditional steel rims to retain the classic appearance when fitted with the billet hub caps. The wheels are wrapped in high-performance Michelin rubber, measuring a healthy 345/30 R20 in the rear to provide ample grip. And for this project even the tires were customized, Diamond Back Classic Radial adding an orange stripe to reinforce the Halloween accent. INTERIOR As one of the premier upholstery shops in the country, Salvaggio has worked with Gabe’s Custom Interiors for many years and the Roadrunner would be no different. Gabe’s team used black Italian leather throughout, including perforated sections. They also went the extra mile by creating a unique orange Halloween splatter effect. It was achieved by sending color samples of the engine paint and tire stripe to Italy, where it was applied to several hides. The result is a combination of black, perforated and splattered leather used to upholster the Recaro front seats, custom rear seats, headliner and door panels. All stitched with contrasting orange thread. The trunk is far from conventional, repeating the industrial architecture of the engine bay, exposing parts of the rollcage and wheel tubs, and finished with leather panels matching the interior. As mentioned, Kevin has a custom billet steering wheel and shifter but we should also mention the billet instrument cluster. It houses Dakota digital gauges that plug into the CANbus system and communicate with the Holley Dominator engine management system. If you look closely, the gauges were airbrushed by Randy Russell with easter eggs that hint at the slasher name Kevin gave his Roadrunner, which also crops up elsewhere around the car. FINALLY With pieces of splatter leather remaining, Salvaggio Design enlisted Rey Marquez at Reymar Footwear to create a pair of custom Nike shoes, belt and wallet, allowing Kevin to match the car whenever he drives it. As a shoe specialist, Reymar bought and dismantled a pair of Nike Air Max 90 sneakers and reconstructed them using the orange splatter leather, which itself had been inspired by the splatter effect on early Air Max sneakers. He also took strips of genuine carbon fiber used to build the car and stitched them into the shoes, finally adding aluminum Roadrunner badges created for the Plymouth. The car and wardrobe elements were presented to Kevin at a secret unveiling held at Bruce Meyer’s car gallery. Expecting to shop for a wristwatch, the Roadrunner was revealed to Kevin as he rode with it in a freight elevator with his Plastic Cup Boys, Harry Ratchford and John “Burgandee” Clausell. After claiming it was impossible to “punk” him, Kevin admitted he no idea what was happening and was overjoyed at the result of his quickest build to date, with the entire project taking only ten months to complete. TECH SPEC Kevin Hart’s 1969 Plymouth Roadrunner by Salvaggio Design Engine: 426 cubic-inch (7-liter) Hemi built by Gearhead Fabrication with Winberg crankshaft, CP pistons, Boostline connecting rods, ARP mains studs, head and rod bolts, Dodge Demon camshaft, ported Demon heads, Holley Dominator EFI, bespoke Whipple 3.8L supercharger with CNC housing, Magnaflow exhaust, high-pressure Melling oil pump, Power Cool radiator with SPAL fans, air conditioning by Vintage Air with EZ Clip AC hoses Transmission: Built Tremec 6060 six-speed manual, John’s Industries Ford 9” axle with 3.70 gear ratio Chassis: Laser-cut and TIG-welded Salvaggio Design B body chassis frame with full rollcage, Detroit Speed & Engineering X-Gen 595 front suspension package, four-link rear suspension with Panhard bar, JRI shocks front and rear, Ididit steering column Brakes: Brembo six-piston calipers, 14” rotors front, four-piston calipers, 13” rotors rear Wheels / Tires: 18x10” front, 20x12” rear black HRE Steelies Are Tough wheels with Salvaggio Design three-piece billet hub caps, 285/35 R18 front and 345/30 R20 rear Michelin Pilot Sport tires with orange sidewall stripes by Diamond Back Classic Radials Exterior: Design, scanning, CAD, metal-shaping, bodywork, paintwork by Salvaggio Design including removable floors, custom firewall, radiator support, wheel tubs and trunk, shaved drip rails. Carbon fiber hood and bumpers manufactured by Brothers Composites. Custom billet three-piece grille, driver’s door mirror, door handles and window trim finished in brushed nickel by Ogden Chrome Interior: Black, perforated, and splattered Italian leather upholstered by Gabe’s Custom Interiors on Recaro front seats, custom rear seats, headliner, door panels and trunk using orange contrast stitching. Salvaggio billet steering wheel, shifter, door handles, and instrument cluster with Dakota digital gauges Thanks / Sponsors: The Plastic Cup Boys, Sean Smith Design, Advanced Speed Components, Brembo, Brothers Composites, Dakota Digital, Detroit Speed & Engineering, Diamond Back Classic Radials, Gabe’s Custom Interiors, Gearhead Fabrications, Greening Auto Company, Holley Performance, HRE Wheels, Ididit, Image Detailing, John’s Industries, Magnaflow, Michelin, Ogden Chrome, Perfect Carbon, Rock Valley Parts & Tanks, Vintage Air, VSI Design, Whipple Superchargers EDITOR’S NOTE More images are available here: dropbox.com/sh/a9vnjfxf9dnlhmo/AAC0IWRkQkGaIpsaP2i5pm1la?dl=0 Please view and share the video here: https://youtu.be/5boJu140wrk High-resolution images for print are available on request. Please use the Media Contact address below. ABOUT SALVAGGIO DESIGN Wisconsin-based Dave Salvaggio was born into an Italian family that has been involved in automotive design, racing, and engineering since 1919. He established his own business in 2003 and currently holds five patents for carbon fiber manufacturing processes. As a car builder, he has been responsible for a string of award-winning SEMA muscle cars since 2006, with a number of vehicles appearing in Hollywood movies. Throughout his career, Dave has been fortunate to build very special cars for special people and embarked on the next chapter at Salvaggio Design with a new workshop and small team of dedicated craftsmen. His aim is to focus their collective passion into building bespoke vehicles that encapsulate the best design, modern components, and the customer’s vision. The team utilize modern techniques including in-house CAD design, 3D printing, carbon fiber production, and more. Vehicle design is led by renowned designer, Sean Smith. Visit salvaggiodesign.com for more information. Contact Details Salvaggio Design Dave Salvaggio dave@salvaggiodesign.com The ID Agency Greg Emmerson greg@theidagency.com Company Website https://www.salvaggiodesign.com

January 26, 2022 05:55 AM Pacific Standard Time

Video Image
Article thumbnail News Release

First United States Open Registry to be Launched in Washington, DC

COPE

A landmark Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition to support and assist in resolving America’s supply chain crisis, ensure maritime sovereignty and security, and revitalize maritime commerce will be launched at the National Press Club in Washington, DC on February 1, 2022, at 1:30PM with remarks by Ambassador John D. Negroponte, the first U.S. Director of National Intelligence and former Deputy Secretary of State; the Governor of the U.S. Virgin Islands, the Honorable Albert Bryan, Jr.; and President Eric R. Dawicki of the Northeast Maritime Institute. Highlights of the Plan include the formation of the first U.S. open registry, and other maritime initiatives designed to make the United States more competitive and propel it into a stronger leadership position as a maritime nation. Governor Bryan and President Dawicki will participate in the signing of a historic agreement between the U.S. Virgin Islands and Northeast Maritime Institute which features the collaboration on the development of the first open U.S. registry. Following initial remarks outlining the Revitalization Plan, there will be a panel discussion moderated by Jeremy Greenwood, a Federal Executive Fellow at the Brookings Institution’s Strobe Talbott Center on Security, Strategy, and Technology. Panel participants include Stephen Flynn, PhD, Founding Director of the Center for Global Resilience at Northeastern University, leading Homeland Security advisor under the Bush and Obama administrations, and global expert on supply chain resilience; Admiral James Watson, Northeast Maritime Institute Trustee and former Director of Prevention Policy for Marine Safety, Security and Stewardship at the United States Coast Guard and the first Director of the Bureau of Safety and Environmental Enforcement at the US Department of Interior; Captain Anuj Chopra, Co-Founder & CEO of FNI ESGPlus; Carleen Lyden Walker, Co-Founder and Executive Director of the North American Marine Environment Protection Association, and Captain John Konrad, Founder and CEO of gCaptain. Additional commentary will be provided by Nishan Degnarain, former Chairman of the World Economic Forum – Global Agenda Council on Oceans; Jonathan Kempe, Verifai Australia; and Dr. Sal Mercogliano, PhD, Campbell University. Remarks from all are expected to cover topics such as decarbonization of shipping, capital investment in new technologies, supply chain security, transparency in shipping, economic growth opportunities, the status of the U.S. maritime industry, U.S. national security interests, and more. The event will outline how implementation of the Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition will provide economic stability and environmental protection, as well as revitalize the position of the United States as a major competitor in international maritime trade and commerce while enhancing national security, both domestically and internationally. A Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition was developed by a team of Distinguished Fellows at the Northeast Maritime Institute – Center for Ocean Policy and Economics (COPE) and advised by an array of leading thinkers in the maritime industry. Key elements of the plan include: Formation of the U.S. Virgin Islands’ open international ship registry—the first, and only, international U.S. open ship registry. Development of a short sea transshipment hub in the Caribbean to alleviate supply chain congestion by moving a portion of east coast distribution from land to sea and increasing the number of ports importing ever-increasing quantities of goods from overseas. Build public/private/international partnerships to address strategic maritime issues, increase transparency and enforce legal and ethical standards. Establish and implement a green shipping strategy, including decarbonization of the U.S.-flagged fleet. Establishing a Maritime Venture Capital Fund to finance commercially advanced technologies that solve maritime and ocean industry problems with a focus on environmental vulnerabilities. Modernization of the maritime workforce by deploying state of the art education and training tools in the US and abroad. Additional information can be found at COPE Advanced registration to attend this event will be required for access to the live stream. About Northeast Maritime Institute Northeast Maritime Institute (also called NMI) is a private, coeducational, maritime college offering an Associate in Applied Science in Nautical Science degree. Established in 1981, Northeast Maritime Institute is the only private maritime college in the Commonwealth of Massachusetts. The college was originally established to provide an alternative to traditional education and training, with an emphasis on preparing mariners for employment. Graduates receive an Associate degree and are eligible to receive a United States Coast Guard Masters license upon graduation. The college operates a training ship, the M/V Navigator, as well as the brigantine tall ship S/V Fritha. About COPE The Center for Ocean Policy and Economics (COPE) is hosted by the Northeast Maritime Institute – College of Maritime Science: Created to tackle some of the ocean’s “wicked problems.” A culmination of years of extensive research and conversations with leading experts in the maritime and ocean related fields, COPE is a facilitator for cogent maritime and ocean policy and economic development project initiatives linking academic, corporate, non-governmental, and governmental partners to create impactful solutions. Contact Details COPE Carleen Walker +1 203-260-0480

January 25, 2022 07:51 PM Eastern Standard Time

Image
1 ... 8586878889 ... 121