Business Leaders Launch ‘Grass-roots’ Group to Back Hogan Road Plan

A Citizens for Traffic Relief informational booth at the Montgomery County Agricultural Fair. Facebook photo A Maryland businessman long active in transportation issues has launched an effort to build support for the Hogan administration’s plan to ease road congestion in the Washington, D.C., suburbs. Emmet Tydings, CEO of a Columbia telecommunications firm and member of a politically active family whose roots in the state date back hundreds of years, is the cofounder and chairman of a group calling itself Citizens4TrafficRelief. (Md. Matters)

Read Full Article

NorthPoint to generate 1,480 jobs, $132M in investment on Wesel Boulevard

About 190 acres of heavily wooded land along Wesel Boulevard is slated to become a sprawling business center that will generate close to 1,500 jobs and include 2.2 million square feet of space, officials said Wednesday afternoon at a Hagerstown Planning Commission meeting. The facility being planned by Missouri-based NorthPoint Development will include four facilities for warehousing and distribution, and require $132.9 million in investment, according to plans. It will have close to 1,700 parking spaces. The planning commission unanimously approved a preliminary plan for the development, which now will undergo a more detailed site-plan review. (Herald-Mail) 

Read Full Article

Over 1.5M Trips Taken On Dockless Scooters In Baltimore Since Launch 1 Year Ago

Wednesday marks one year since dockless vehicles were introduced to Baltimore City- including the electric scooters you see zipping around downtown. The Baltimore Department of Transportation said the first year has been a success, with over 1.5 million trips taken so far. The City decided to end the pilot program to make them a more permanent fixture in the city. “They’re great, they’re fast and affordable,” One rider said. “I think it’s very convenient, very easy to use,” Another added. They can be used to commute to work and to see the city. (WJZ-TV)

Read Full Article

Maryland boosts presence on Inc. 5000, while one N. Va. company surges near the top

Suburban Maryland bumped up its representation among the top third of this year's Inc. 5000 fastest-growing companies, while a Vienna tech company broke into the top 15 of the coveted national ranking. Of the region's 310 total companies in the Inc. 5000, 52 made it into the top 500, continuing the region's rise from 46 last year, 35 in 2017 and 36 in 2016. Of the 52 top-rankers this year, 15 hail from suburban Maryland, four are from D.C. and a whopping 33 are based in Northern Virginia. Suburban Maryland's representation — 14 from Montgomery County and one from Prince George's County — includes 10 companies that made the list for the first time. That's up from a total nine companies on the list from those two counties in 2018. Last year, D.C. counted seven companies in the top 500. (Wash. Bus. Journal)

Read Full Article

Stocks losses deepen as a key recession warning surfaces

The global economy has begun to shudder. On Wednesday, the U.S. stock market tumbled after a reliable predictor of looming recessions flashed for the first time since the 2008 financial crisis. The Dow Jones industrial average fell around 800 points, or 3 percent, and has lost close to 7 percent in the past three weeks. Two of the world’s largest economies, Germany and the United Kingdom, appear to be contracting. Argentina’s stock market fell nearly 50 percent in recent days, and growth in China has slowed.  Whether the events presage an economic calamity or just an alarming spasm are unclear. But unlike during the Great Recession, global leaders are not working in unison to confront mounting problems and arrest the slowdown. (Wash. Post)

Read Full Article

TEDCO elects four new board execs amid internal reorganization

Maryland Technology Development Corp. has elected four new executive officers to its board of directors as the organization works to reshape its internal policies to meet new legislative requirements. The state-backed funding group elected Myra Norton, chief operating officer of Baltimore software firm Arena, as TEDCO's new chair. Tina Williams-Koroma, president of local cyber security firm TCecure, was named vice chair. Norton replaces former board chair Francis Smyth, whose two-year tenure as chairman was up. She was elected by TEDCO's 15-member board after serving as vice chair for two years. (Balt. Bus. Journal)

Read Full Article

Transit advocacy group demands protected bike lanes at Amazon HQ2

An Arlington transportation advocacy group wants Amazon.com Inc. (NASDAQ: AMZN) to pay for improved bike lanes around its planned second headquarters in Pentagon City. The group, Sustainable Mobility for Arlington County, is asking that 15th Street, which sits on the southern end of Amazon's Met Park development, get either a "curb or planter-protected bike lane." Arlington County could make this improved bike lane a requirement for Amazon in exchange for bonus density the company wants for its office buildings, ARLNow.com first reported. "We think Amazon needs to do their part to build out Arlington's vision for a low-stress bike network that works for ages 8 to 80," the advocacy group wrote in a post encouraging others to email the county planner's office to make the change. (Wash. Bus. Journal)

Read Full Article

At least 30 new jobs expected at planned tractor-trailer facility near Hagerstown airport

A Manheim, Pa., company is planning to build about a $6 million facility for tractor-trailer sales and service near the Hagerstown Regional Airport, according to government documents. The facility being proposed by Utility Keystone Trailer Sales Inc. will create between 30 and 35 jobs, according to plans. The company is expected to start construction of the facility at 14735 Citicorp Drive in June next year and finish it by March 2021. Utility Keystone Trailer Sales is an authorized Utility dealership offering a range of solutions for all hauling needs, according to the company’s website. The company started when Stan Zeamer left his college teaching job in 1978 to start the company with two other individuals. (Herald-Mail)

Read Full Article