DT Equipment, a developer of next-generation analytics technology for metals production and processing, closed a Series A financing with the new participation of Chrysalix Venture Capital and a follow-on investment from Brunnur Ventures. read more
SEP 8, 2020 - 7:48 am
Fifth Third Bank joined the Historically Black Colleges and Universities Partnership Challenge, sponsored by the HBCU Caucus. read more
SEP 4, 2020 - 7:48 am
Gregory B. Willis, executive vice president and CFO of Air Lease, will be presenting at the Deutsche Bank 10th Annual Aircraft Finance & Leasing Conference on Sept. 9 at 2:45pm ET. read more
SEP 3, 2020 - 7:13 am
Maxim Crane Works acquired the assets and locations of NCSG Crane and Heavy Haul in Montana. read more
SEP 3, 2020 - 7:09 am
Air Transport Services Group’s subsidiary TriFactor Solutions was awarded a contract to design and install a multi-divert sortation system in Xenia, OH, for Passion Growers of Miami. read more
SEP 3, 2020 - 7:04 am
According to IDC, the U.S. mobile worker population will grow at a steady rate over the next four years, increasing from 78.5 million mobile workers in 2020 to 93.5 million mobile workers in 2024. IDC expects mobile workers will account for nearly 60% of the total U.S. workforce by 2024. read more
SEP 2, 2020 - 7:07 am
Project finance in the United States has staged a vigorous recovery — aided by the ability of banks to provide liquidity, low funding costs and a more liquid bond market — since the initial dampening effect of the COVID-19 pandemic, according to MUFG’s project finance team. read more
AUG 31, 2020 - 6:58 am
Since the start of the COVID-19 pandemic, courts have alleviated some financial burdens of bankrupt retailers by granting “mothball motions,” allowing companies to shelve post-petition rental payments, according to an article in the August ABI Journal. read more
AUG 31, 2020 - 6:51 am
Penske Truck Leasing is now offering full-service truck leasing and contract truck fleet maintenance in Norwalk, OH, after moving into a new facility in the region in July. read more
AUG 31, 2020 - 6:48 am
According to IDC, global spending on artificial intelligence (AI) is forecast to double during the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. read more
AUG 26, 2020 - 7:37 am
Ryder System, a provider of supply chain, dedicated transportation and commercial fleet management solutions, was listed among Food Logistics’ Top Third-Party Logistics and Cold Storage Providers for 2020. read more
AUG 24, 2020 - 6:45 am
According to a report from Allied Market Research, the global construction equipment rental industry was pegged at $90.99 billion in 2019 and is expected to reach $106.42 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027. read more
AUG 19, 2020 - 6:36 am
Locomation completed its first-ever on-road pilot program transporting commercial freight via an Autonomous Relay Convoy in partnership with Wilson Logistics. read more
AUG 17, 2020 - 7:10 am
According to Gladstein, Neandross & Associates, 98% of fleets expect to increase or continue the same level of use of sustainable vehicle technologies and fuels. In addition, sustainability is the top motivator for purchasing decisions when deploying clean vehicle technologies. read more
AUG 14, 2020 - 7:05 am
Cummins and Navistar extended their long-term agreement through the next two emission cycles, with Cummins selected as Navistar’s preferred supplier of medium-duty and heavy-duty big bore engines for International Trucks and IC Buses in the U.S. and Canada. read more
AUG 12, 2020 - 7:12 am