Of Interest

Penske Truck Leasing Expands Heavy-Duty Electric Vehicle Charging Network

Penske Truck Leasing opened its sixth heavy-duty electric vehicle charging station in Southern California. read more

Alpenglow Rail, CC&L Infrastructure Acquire USA Rail Terminals

Alpenglow Rail partnered with Connor, Clark & Lunn Infrastructure to acquire USA Rail Terminals from the High Roller Group and Jim Donnan Companies, both family-controlled investment companies based in Center, TX. read more

ISM: PMI at 68.9% in July 2020 Hospital Report on Business

Economic activity in the hospital subsector grew in July for the second consecutive month, according to the nation’s hospital supply executives in the latest Hospital ISM Report on Business. read more

CarrierHQ and Comdata Join Forces to Increase Fleet Efficiency

CarrierHQ is offering a new service with Comdata to help carriers increase fleet efficiency. With this partnership, Comdata, a provider of B2B payment technologies, will provide CarrierHQ fleets access to Comdata's OnRoad Card, a mobile-first fuel and funds card for the trucking industry. read more

Balboa Capital: Eight in 10 Small Businesses Embrace Remote Work During COVID-19 Pandemic

According to a Balboa Capital survey, eight in 10 small businesses are embracing remote work models. Additionally, business leaders whose companies have remote workers reported improved business outcomes, increased employee engagement and reduced overhead costs. read more

IDS Adds Two Global Tech Firms and a Top 25 U.S. Bank to IDSCloud

IDS, a provider of asset finance technology, exited Q2/20 with the addition of three new customers, including two large technology providers and a top 25 U.S bank, to the IDScloud platform. read more

Alfa Launches Preconfigured Software Platform for U.S. Auto Finance Companies

Alfa, provider of Alfa Systems, unveiled a new, preconfigured edition of its software solution, which was built exclusively for auto finance in the U.S. The new edition is named Alfa Start and delivers the Alfa Systems platform at entry-level cost for U.S.-based auto finance operations. read more

Triumph Group Sells Composites Business to Arlington Capital Partners

Triumph Group entered a definitive agreement to sell its composites operations to Arlington Capital Partners. The composites business provides structural and engine composite fabrications and assemblies across commercial, business jet and defense platforms. read more

White Clarke Group Implements Loan Origination Software With World Finance

World Finance implemented White Clarke Group’s CALMS Loan Origination Software (LOS) to maximize the efficiency of its operations. read more

NationaLease Unveils Winners of 2020 Exceptional Service Awards

NationaLease honored 11 member companies within its network for their excellence and due diligence in providing exceptional reciprocal service to fellow members. read more

Monitor Live+ Racial Equity in Equipment Finance: Black Leaders Speak Open for Registration

Registration is open for Monitor’s next Live+ event, “Racial Equity in Equipment Finance: Black Leaders Speak,” which will be held on Tuesday, Aug. 4 at 1:00 p.m. ET. read more

Northteq and Middesk Partner to Bring SOS Automation to Salesforce

Northteq and Middesk partnered to bring SOS automation to Salesforce.com with their newly launched Business Identity Direct app. ENGS Commercial Finance is one of the first lenders to benefit from the app. read more

Penske Truck Leasing Introduces Remote Service Check-In via Mobile App Upgrade

Penske Truck Leasing introduced remote service check-in via its Penske Driver mobile app. The new feature of the app enables commercial truck drivers to maximize social distancing by remotely checking-in their vehicles for scheduled preventive maintenance or repairs. read more

Fastmarkets Names Ryder Logistics/Transportation Provider of the Year

Ryder System was named the Logistics/Transportation Provider of the Year at the 11th Annual Global Awards for Steel Excellence by Fastmarkets. A panel of senior-level steel experts chose the winners from a pool of 90 finalists in 23 categories. read more

GA Telesis Expands A320neo Flight Hour Support Contract with Air Astana

Air Astana, the national air carrier of Kazakhstan and A320neo launch customer in the CIS, expanded its GA Telesis Flight Hour support contract for its fleet of Airbus A320neo and A321neo aircraft. read more

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