Transom Capital Group, headquartered in Los Angeles, will acquire a majority stake in Webasto’s charging business. The two companies signed a corresponding purchase agreement on Feb. 7. While Webasto divests […]
Similar Posts
Fleet of 29 wrapped trucks and trailers now raising human trafficking awareness
The trucking industry continues to combat human trafficking, deploying its 29th wrap to raise awareness of the epidemic. This one, sponsored by Victim Services of Durham Region, was installed on […]
Paccar, Toyota bringing fuel-cell-electric trucks to market
Paccar will bring hydrogen-powered trucks to Canada and the U.S. as early as next year, producing Kenworth and Peterbilt Class 8 units that draw on Toyota’s Gen 2 hydrogen fuel […]
Mack recognizes Canadian dealership; names Dealer of the Year
Vision Truck Group in Cambridge, Ont., was named Canada’s Mack Financial Services Dealer of the Year. The dealership is also listed as one of the 2023 winners of Mack Truck’s […]
Survey finds 28% considered leaving trucking jobs in past year
Trucking employees may be relatively satisfied in their jobs, but more than one in four of those surveyed say they have considered leaving their employers in the past year. The […]
TFI International grows revenue, but profit slides in Q1
TFI International grew revenue in the first quarter but saw profits slide due to weaker overall market conditions. “TFI International performed well in a challenging environment, while making notable advancements […]
Stars aligning for a busy year in M&A: Tenney Group
Rapidly deteriorating market conditions last year put the brakes on many mergers and acquisitions, but valuations are normalizing, paving the way for more activity this year. Speaking on a Truckload […]