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Seaonus lays off employees as it is combined with Patriot Rail

by synergycap1 | Sep 1, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

Seaonus Stevedoring laid off a number of its employees this week as its parent company, Diversified Port Holdings, is combined with a sister business, Patriot Rail Company LLC. SteelRiver Infrastructure Partners, an independent investment firm, owns both DPH and...

What ‘Second Movers’ Can Learn From Lyft And Uber

by synergycap1 | Sep 1, 2017 | Bad Credit Loans, Bank Lending, Business Loans, Capital, Non-Bank Loans, Working Capital

Recently I had an interesting experience with a ride-share driver in Los Angeles. I was asking him about which of the major ride-sharing services — Uber, Lyft, Via, etc. — he uses to find customers. He told me he’s driven for all of them, but his...

Wall Street gains as rate hike bets in check after jobs data

by synergycap1 | Sep 1, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – Wall Street gained on Friday as a tepid U.S. jobs report did little to change bets for another interest rate hike this year, while investors were on track to kick off a typically dour month for stocks on a positive note. U.S. job growth...

C.H. Robinson snaps up Canadian company in $50M deal

by synergycap1 | Sep 1, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

Logistics giant C.H. Robinson Worldwide Inc. has acquired Canadian freight forwarder Milgram & Co. Ltd. for about $50 million. The deal will allow Eden Prairie-based C.H. Robinson’s freight-forwarding business to expand its geographic reach, the company said...

Delta exec: RDU-Austin upgrade is part of a bigger Raleigh-Durham growth strategy

by synergycap1 | Sep 1, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

Atlanta air giant Delta Air Lines (NYSE: DAL) is plotting upgrades at Raleigh-Durham International Airport. And it starts with the new nonstop service to Austin, which debuted at RDU in March, says Andy Renner, director of domestic network planning at Delta. The...

Executive Lane: Mazda’s MX-5 is a welcome thrill (Video)

by synergycap1 | Sep 1, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

More than likely, you already have the comfy SUV, the stretched sedan, perhaps even a sporty 4-seater like one we previewed recently. Those are garage staples to satisfy most driving moods any day of the week. However, what’s probably missing is a roadster, a...
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