Tag: Trucking News

Renamed AIT Truckload Solutions Team Aligns Under Parent Company AIT Worldwide Logistics

Formerly known as Summit Expedited Logistics, the team of full truckload and less-than-truckload experts connects control tower model to AIT’s global network ITASCA, Ill.–(BUSINESS WIRE)–#LTL–Global freight forwarder AIT Worldwide Logistics is changing the name of its independent subsidiary, Summit Expedited Logistics, to AIT Truckload Solutions, effective immediately. According to AIT’s Executive Vice President, Truckload Brokerage, […]

Schneider ranks in top 10 of Top 100 For-Hire Carriers

Transport Topics released ranking of the largest for-hire carriers GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, was included in the Transport Topics Top 100 For-Hire Carriers. Among the 100 companies listed, Schneider was included within the top ten, coming in at number eight. The 2022 Transport […]

Hyliion Holdings to Host Virtual Ride and Drive Event on September 13, 2022

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion,”) a leader in electrified powertrain solutions for Class 8 semi-trucks, will be hosting a Virtual Ride and Drive at 11:00 a.m. ET / 10:00 a.m. CT on Tuesday, September 13, 2022. The all-virtual event will feature a tour of Hyliion’s headquarters in Austin, Texas, product demonstrations of […]

Generational Equity Advises Mass Lift Truck Service in its Sale to The Cavanaugh Company

DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Mass Lift Truck Service, Inc. to The Cavanaugh Company LLC. The acquisition closed August 15, 2022. Located in Everett, Massachusetts, Mass Lift Truck Service (MLTS), offers sales, service, and rentals of forklifts, pallet […]

Lineage Logistics Completes the Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes

Lineage has completed the acquisition of Grupo Fuentes, one of Spain’s principal transport and cold-storage logistics providers, headquartered in Murcia with facilities across the country The expansion in Spain will reinforce Lineage’s commitment to one of Europe’s main markets for fresh produce Grupo Fuentes is a major provider of transport services, and the acquisition will […]

ChargePoint CEO Pasquale Romano Appointed by President Biden to National Infrastructure Advisory Council

CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint (NYSE:CHPT), a leading electric vehicle charging network, today announced that President and Chief Executive Officer Pasquale Romano has been appointed to serve as a member of the National Infrastructure Advisory Council (NIAC). Established in 2001, National Infrastructure Advisory Council (NIAC) comprises executive leaders from the private sector, as well as state and […]

New Data Shows Samsara Drives Cost-Savings Opportunities for Customers in First Year

SAN FRANCISCO–(BUSINESS WIRE)–Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today released data that shows how it’s helping customers reduce costs within the first year of adoption. Headwinds like inflation and high fuel prices have led physical operations companies to prioritize cost savings. Samsara helps leaders navigate today’s challenges and its […]