US Equipment Orders Fell More Than Forecast in February
U.S. factories received fewer orders for business equipment than forecast in February, just before the coronavirus-related demand shock that will likely lead a massive pullback in corporate investment.
March 25, 2020Ervin Equipment Announces C-Level Appointments
Wabtec Names Rafael Santana CEO Effective July 1
Exactly two months after Westinghouse Air Brake Technologies purchased GE Transportation, Wabtec on April 25 announced that CEO Ray Betler will retire and that Rafael Santana, previously the CEO of GE Transportation, will step into that role as of July 1.
April 25, 2019Transport Services Acquires Tra-Serv
Equipment provider Transport Services Inc. acquired Tra-Serv, which offers sales, rental and leasing, parts and service throughout Ohio and the surrounding areas.
January 28, 2019Great Western Leasing and Sales Acquires All Points Equipment Leasing
Great Western Leasing and Sales, a full-service solutions provider to the flatbed and specialized trailer industry, has announced the acquisition of All Points Equipment Leasing. The move represents Great Western’s first expansion into the Midwest market, according to a Dec. 26 press release.
January 4, 2019Opinion: Rethinking Leases in the Digital, Just-in-Time Marketplace
The digital marketplace has not only reshaped the retail landscape, but also has caused a fundamental shift in the transportation industry, as companies are forced to provide the low-cost/no-cost and on-demand delivery service consumers now expect.
November 26, 2018MEMA Searches for New CEO as Steve Handschuh Announces Retirement
The Motor & Equipment Manufacturers Association announced president and CEO Steve Handschuh has decided to retire effective Dec. 31, as a result of recent concerns with his health.
September 21, 2018Commercial Vehicle Group Rides Truck, Construction Markets to Higher 2Q Results
Component supplier Commercial Vehicle Group Inc. reported a surge in second-quarter net income and its highest revenue since 2012 amid record heavy-duty truck orders and improvement in the global construction markets.
August 7, 2018Safety Device on Every American Truck Got Inventor a Total of $20
While a “two striper” in the Air Force 60 years ago, Robert Carpenter invented a color-coded system for attaching tractor-trailer air-brake connections that now is mandatory equipment for every truck on every American road. He was paid $20.
July 18, 2018Fleet Advantage Survey Reveals Disconnect Between Managers, Accountants
Many fleet managers believe they are on a different wavelength from their company’s finance department on cost management, and that can lead to communication difficulties, according to a survey of trucking industry professionals from Fleet Advantage.
July 10, 2018