Category: Trucking News

Archer Announces Landmark Infrastructure Deal With Signature Aviation; Gains Access to Largest Network of Private Aviation Terminals in the World

Archer and Signature recently signed a memorandum of understanding (MOU) identifying initial day one opportunities for launching air taxi services including in key United Airlines hubs at Newark International (EWR) and Chicago O’Hare (ORD) Airports, as early as the end of 2025. The MOU anticipates that the parties will electrify Signature’s industry-leading network of private […]

RXO CEO Drew Wilkerson Named to Charlotte Business Journal’s Most Admired CEO list

CHARLOTTE, N.C.–(BUSINESS WIRE)–$RXO #RXO–Drew Wilkerson, chief executive officer of RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, has been named to the Charlotte Business Journal’s prestigious Most Admired CEO list for 2024. This recognition highlights Wilkerson’s exceptional leadership, strategic vision and commitment to innovation, which has been instrumental in driving RXO’s success, even […]

Allego and Meridiam Jointly Announce Meridiam’s Intention to Launch Tender Offer followed by Delisting of Allego; Meridiam Commits to Financing Arrangement and Reaffirms its Continued Commitment to Support Allego in its Next Phase of Growth

Allego and Meridiam have entered into a definitive agreement pursuant to which Meridiam will launch a tender offer for all issued and outstanding ordinary shares of Allego not owned by Meridiam or its affiliates, followed by Allego’s voluntarily delisting of its ordinary shares from the New York Stock Exchange after completion of the offer The […]

Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report

CHARLOTTE, N.C.–(BUSINESS WIRE)–Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company), a leading designer and manufacturer of intelligent motion solutions, products and technologies for material handling, today announced the publication of its fourth annual Corporate Sustainability Report. This year, the report provides details on Columbus McKinnon’s performance highlights and progress made through fiscal 2024 […]

Matt Gerstenslager Joins Utility Trailer Manufacturing Company in New Role

CITY OF INDUSTRY, Calif.–(BUSINESS WIRE)–Utility Trailer Manufacturing Company, LLC is pleased to announce the addition of Matt Gerstenslager in a new dual role – responsible for New Dealer Development as well as improving regional sales support for the east. Gerstenslager comes with 7-plus years of experience with Hendrickson International, in various sales and marketing management […]