Tag: Trucking News

PHINIA Announces Pricing of Private Offering of $525,000,000 of Senior Secured Notes due 2029

AUBURN HILLS, Mich.–(BUSINESS WIRE)–PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN) announced today that it has priced its previously announced offering (the “Offering”) and has agreed to issue and sell $525 million aggregate principal amount of its 6.75% senior secured notes due 2029 (the “notes”) in a private offering that is exempt from the registration […]

Atlas® Van Lines’ Annual Study Highlights Steady Corporate Relocation and Company Growth

EVANSVILLE, Ind.–(BUSINESS WIRE)–Leading national mover Atlas® Van Lines launched its 57th annual Corporate Relocation Survey today, illustrating that relocation volumes and budgets continued to increase in 2023 and that most companies anticipate further increases in 2024. With several positive economic trends in 2023 (decreased inflation, increased job creation and workforce participation), companies anticipate their financial […]

Haig Partners releases the Q4 2023 Haig Report®, which tracks trends and their impact on dealership values

2023 Marked the Third-Busiest Year for Dealership Buy-Sell Activity Despite Declining Profits FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Haig Partners LLC, released its closely followed Haig Report® for Q4 2023, which tracks trends in auto retail and their impacts on dealership values. Demand for dealerships was strong through the end of 2023, with an estimated 528 dealerships trading […]

Xeal’s Oly Nwankwo Recognized in New York Real Estate Journal’s 2024 Women in Construction Spotlight

Oly Nwankwo’s trailblazing work not only expands Xeal’s network but also challenges the status quo, redefining leadership in the EV charging industry. NEW YORK–(BUSINESS WIRE)–Xeal, the only no-central-network-needed EV charging solution with industry-leading uptime, today announced that Oly Nwankwo, senior EV implementation manager, has been recognized by New York Real Estate Journal’s 2024 Women in […]

Vehicle Management Solutions Strengthens Presence in Texas and Enters Georgia Markets

VMS Acquires Grant Street Companies, LLC to Expand its Vehicle Storage Solutions and Geographic Reach. MOKENA, Ill.–(BUSINESS WIRE)–Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC, (“Mill Point”) announced the acquisition of Grant Street Companies, LLC (the “Company” or “Grant Street”), a leading provider of police and private property impound (“PPI”) […]

Oshkosh Corporation Named to Fast Company’s 2024 World’s Most Innovative Companies List

OSHKOSH, Wis.–(BUSINESS WIRE)–$OSK #oshkoshcorporation–Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced today it has been named to Fast Company’s list of the World’s Most Innovative Companies of 2024. Fast Company’s editors and writers identified the companies driving progress around the world and across industries, evaluating thousands of submissions. The result […]