Category: Trucking News

I Squared Announces New Shareholders in Transportation Equipment Network (“TEN”) the Leading North American Full-Service Trailer Lessor

Mubadala Investment Company, Qatar Investment Authority and other co-investors to invest over $600 million to fund further growth Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared’s ability to build and scale platforms Investment creates a North American champion for flexible last-mile transportation solutions and an […]

AESC Appoints Knudt Flor as CEO for United States and Europe

Flor will also serve as Global Head of Quality, reporting to CEO Shoichi Matsumoto YOKOHAMA, Japan–(BUSINESS WIRE)–AESC, a Japan-based global leader in high-performance battery technology for electric vehicles and energy storage systems, today announced the appointment of Knudt Flor as Chief Executive Officer (CEO) for U.S. and Europe and as Global Head of Quality. He […]

Tom Steuber Assumes Chair of the 2024-2025 NAMA Board of Directors

ARLINGTON, Va.–(BUSINESS WIRE)–The National Automatic Merchandising Association (NAMA) announced today that Tom Steuber, president and owner of Associated Services, will serve as Chair of its Board of Directors for the 2024-2025 term. The announcement was made following the NAMA Annual General Membership Meeting held on June 17, 2024. “I am honored to serve as Chair […]