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Outdoor Business UPDATE

Outdoor Business UPDATE is the only continuously updated source for news for the Bicycle, Outdoor, and SnowSports markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The Outdoor Business UPDATE newsletter is delivered four times a week via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.

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The Latest News...

Slow Down at West Coast Ports Extends to Bargaining Table
Bargaining talks between companies that unload the bulk of the nation's container imports and the International Longshore and Warehouse Union have stopped until after Thanksgiving, according to the Pacific Maritime Association, which represents terminal operators at West Coast ports...(11/21/2014)

Trek to Occupy Much Larger Distribution Center in 2015
Trek Bicycle will be expanding its Wisconsin distribution capabilities in 2015 with a move from its existing global distribution center in Oconomowoc to a new 250,000-square-foot facility in Johnson Creek...(11/21/2014)

SIA's On-Snow Demo to Host Race Benefit for Adaptive Sports
Retailers and others attending the 6th annual On-Snow Demo/Ski-Ride Fest & Nordic Demo after the 2015 SIA Snow Show next February are encouraged to register teams to compete in the Rhythm Rally, a banked slalom race to benefit Adaptive Action Sports (AAS) winter programs. The Demo returns to Copper Mountain Feb. 2-3 following the 2015 SIA Snow Show...(11/21/2014)

Ocean Carriers Retreat on Port Congestion Surcharges in Wake of Fed Scrutiny
Container cargo companies quickly suspended so-called "port congestion" surcharges they had tied to a work slow down by dock workers at West Coast ports after a raft of complaints by shippers prompted scrutiny by the Federal Maritime Commission...(11/20/2014)

Prodeco Technologies Agrees to Acquisition by OTCQB Company
Prodeco Technologies LLC, a Florida e-bike manufacturer, has agreed to be acquired by PayMeOn Inc in an all-stock transaction, according to PayMeOn. In a press release issued Thursday, PayMeOn said it would use 53.4 million of its shares to pay for the 80 percent of ProdecoTech it does not already own. Upon closing of the transaction, ProdecoTech founder Robert Provost will be appointed co-CEO of PayMeOn and will remain CEO of ProdecoTech, while his co-founders Daniel Del Aguila and James Aversa will...(11/20/2014)

SRAM to Co-sponsor Women's Pro Cycling Team
SRAM and Velocio Apparel will serve as title sponsors of the women's pro-cycling team Velocio Sports in 2015, the team announced...(11/20/2014)

American Rec Names Director of Field Sales for Kelty and SJK
American Rec of Boulder, CO has hired Steve Randall as the director of field sales for its Kelty and SJK brands...(11/20/2014)

Cocona Claims Sheex's Lawsuit Without Merit
Responding to Sheex Inc.'s patent infringement lawsuit, Cocona Inc., the maker of 37.5 technology, said it "can state in unequivocal terms that the lawsuit is wholly without merit, and we do not believe that Cocona has infringed on these patents."...(11/20/2014)



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