News
WATERLOO, Wis. (BRAIN) — Trek Bicycle plans to move its global distribution center from Oconomowoc, Wisconsin, to a new facility in Johnson Creek, about 17 miles west. The new 250,000-square-foot distribution center is expected to open by the end of 2015, Trek said.
POMPANO BEACH, Fla. (BRAIN) — Florida e-bike maker Prodeco Technologies has agreed in principal to be acquired by a publicly traded development company, PayMeOn Inc.
CHICAGO (BRAIN)—It’s official. The Chicagoland Area Bicycle Dealers Association (CABDA) is launching a trade show and is booking exhibition space for the Feb. 4-5 midweek expo.
HAVERHILL, Mass. (BRAIN) — To benefit World Bicycle Relief, Mavic is auctioning off a one-of-a-kind Ritte Vlaanderen road bike outfitted with Mavic’s 125th-anniversary Ksyrium wheel-tire system and SRAM Red 22 components. The bike was hand painted by Ritte founder Spencer Canon.
FORT COLLINS, Colo. (BRAIN) — Selle San Marco North America has added Geoff Pomerantz to its outside sales team.
Pomerantz's territory includes Chicagoland and Southern Wisconsin. He also represents Ridley bicycles and SMS Santini clothing and is a public relations consultant for the Chicago Bears.
CHICAGO (BRAIN) — SRAM is stepping up to become the co-title sponsor of the women's team formerly known as Specialized-Lululemon. This is SRAM's first venture into title sponsorship on the road.
COLORADO SPRINGS, Colo. (BRAIN) — Koobi, a small saddle supplier that targets the triathlon market, has added two new international distributors to its roster, said Phil Schweizer, the company's founder.
WASHINGTON, D.C. (BRAIN) — Shipping companies that had been levying hefty congestion fees on ships headed to ports in Long Beach and Los Angeles have been temporarily suspended after the U.S. Federal Maritime Commission (FMC) raised concerns.
FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show are planning a pre-show event for the cycling media, to be held June 30-July 2 in Kirchberg, Austria.
OTTAWA, Ontario (BRAIN) — Bill Yetman, executive director of the Canadian Independent Bicycle Retailers Association, penned a letter to the country's finance minister this week, asking that the government eliminate duties and tariffs on bicycles in Canada.
RIVERSIDE, Calif. (BRAIN) — Jenson USA employees will support World Bicycle Relief's Buffalo Bike program by buying one Buffalo Bike for the organization for each new bike Jenson sells on Cyber Monday, Dec. 1. The pledge will match the first 50 bikes sold that day.
PITTSBURGH, Pa. (BRAIN) — Dick's Sporting Goods has reported its earnings results for the third quarter, which ended on November 1. Dick's reported a consolidated net income of $49.2 million, or $0.41 per diluted share, down slightly from the same period in 2013.
LONG BEACH, Calif. (BRAIN) — Suppliers who get bicycles and accessories through the ports of Long Beach and Los Angeles are keeping a close eye on an ongoing dispute between short-haul trucking companies and truck drivers as shipping companies raise prices.
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