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Summary
The warehousing business offers trans-loading services as well as long-term inventory storage solutions to companies across industries, including pet food, wood/metal products, lumber, paper, rice and solar equipment. Hydrogen distribution and fueling business OneH2 has closed its latest funding round with investments led by Chevron U.S.A. Inc. and current investors Trafigura and The Papé Group, a network of dealers in the Western U.S. Each of our investors will play a pivotal role in shaping the trajectory of OneH2 and contributing to the advancement of the broader hydrogen industry.” Chevrons decision to lead the round demonstrates its ongoing commitment to exploring diverse energy sources and technologies. This marks another important milestone in the company’s previously announced plan to grow capacity by adding 900 net new doors nationally by the first quarter of 2024, XPO said. “With the expansion of our Garland service center, we’ll be able to do even more for our customers in the thriving metro Dallas region and serve their needs with additional flexibility and speed,” said Dave Bates, chief operating officer of XPO.