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 […]