Tag: Trucking News

Cepton Signs Definitive Agreement to be Acquired by Koito

After closing of the proposed transaction, Cepton will operate as a privately held indirect subsidiary of Koito in the U.S., with corporate headquarters in San Jose, CA. Cepton and Koito have partnered since 2017 to industrialize high-performance lidar solutions for mass-market automotive, smart infrastructure and industrial applications. The proposed transaction is poised to accelerate the […]

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 […]

Forward Air Charters Next Phase of Growth With Expansion of Financial Leadership Team

Names Jamie Pierson as Permanent Chief Financial Officer and Welcomes New Chief Accounting Officer GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) announced the appointment of Jamie G. Pierson as permanent Chief Financial Officer and James Faught as Chief Accounting Officer, effective July 3, 2024. Mr. Pierson was originally named interim Chief […]