|| Print ||
|Articles - December 2010|
|Wednesday, November 17, 2010|
Joel Grover worked at the Bike Gallery in Portland for more than 20 years before he decided to set up Splendid Cycles on his own in May, selling nothing but cargo bikes.
Limiting your shop to extra-long bicycles built to haul hundreds of pounds of groceries, tools and/or kids may seem like a strange niche, given the amount of work required. But it’s an area of opportunity in Portland, which has gone from a handful of cargo bikes to hundreds in a few years.
Grover says between young families going car-free, out-of-state orders (especially from California) and small companies rushing to brand themselves local and sustainable, business has been strong; he lost money in the first month but has made money in every month since. He’s using his earnings to buy top-of-the-line merchandise from around the globe, including bikes built locally by Ahearne Cycles and Metrofiets.
Metrofiets founders Phillip Ross and Jamie Nichols work out of a small garage on NE Alberta Street crammed full of ancient tools and vintage bicycles. Ross, a 40-year-old former research librarian, and Nichols, a 29-year-old self-described “iron monger,” specialize in cargo bikes designed to last 100 years, with aircraft-grade steel from Dillsburg Steel in Pennsylvania and headsets built in Portland by Chris King Components. At 68 pounds, their bike is 30 pounds lighter than the Dutch bikes that first caught on in Portland in 2008.
Ross and Nichols earned local fame for designing a party bike that hauls a beer keg for Hopworks Urban Brewery and a café-on-wheels that Trailhead Coffee Roasters owner Charlie Wicker pedaled for all 425-plus miles of Cycle Oregon. But they aren’t just selling locally. One Metrofiets bike is soon to be shipped to Australia, and Ross is traveling to Colorado to custom-design another. They plan to add staff in 2011 to crank out standard models.
“We’re growing exponentially,” says Nichols.
“It’s crazy to keep up with,” adds Ross.
It’s a similar situation at B-Line sustainable urban delivery on SE Alder Street. Founder Franklin Jones, a former California schoolteacher, launched the company in 2009 after traveling extensively in the dense cities of Europe and Asia.
Demand for bike deliveries picked up substantially in January 2010, and Jones was able to hire his friend and business adviser, Randy Koch, a freight logistics consultant and former president of GE’s CommerceGuard division.
Koch says he likes the cargo bike business model because it works. For businesses shipping small amounts to multiple points in the urban core, “We’re simply cheaper and quicker.”
Jones and Koch have grown the company to 10 employees and 15 Portland clients including Whole Foods, Eco Dry Cleaner and Organically Grown. They also have launched a program to pick up soon-to-expire produce from local food stores and bring it to nonprofits that feed the hungry.
Next year they plan to add two new vehicles to the fleet and pick up new clients. They are also looking into expanding into new cities such as Eugene, Seattle and San Francisco.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Wednesday, August 06, 2014
BY LINDA BAKER | OB EDITOR
Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|U.S. dollar hits nine-month high against euro|
|Demand for tablets declines|
|U.S. housing market improving|
|Hospital network hacked, 4.5M records stolen|
|Dollar General enters bid for Family Dollar|
|More than a third of Americans lack retirement savings|
|Coca-Cola acquires major stake in Monster Beverage|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.