Of Interest

Mohr Capital Sells HERC Rentals Facility in Fort Worth, TX

Mohr Capital, a Dallas-based, privately-held real estate investment firm, sold the first prototype facility for HERC Rentals in Fort Worth, TX. HERC Rentals is an equipment rental supplier with approximately 275 locations in North America. read more

Many Manufacturers and Distributors Neglect Cybersecurity Prevention Activities

Fewer than 40% of respondents in Sikich's 2020 manufacturing and distribution report said they perform data breach prevention activities. However, nearly half of respondents said their companies experienced cyberattacks during the past 12 months. read more

Hilco Expects Strong Used Chassis Market, Acquisitions as Intermodal Volumes Normalize

Hilco Global issued a report on the impact of diminished import/export volume on the chassis segment of the intermodal industry, how providers and end-users have responded during the current crisis, and the likely path forward for industry recovery. read more

Ritchie Bros. Donates $187,500 to Food Banks

Ritchie Bros. made $187,500 in donations to 52 different food banks around the world, including $85,000 donated to U.S. food banks and $67,500 to Canadian food banks. read more

OneRail Selects Penske to Support New National Truck Rental Account Program

OneRail selected Penske Truck Leasing to launch a national truck rental account program for its logistics partners. According to OneRail, the collaboration will reduce barriers to growth as the demand for final mile delivery capacity, caused by COVID-19, has skyrocketed. read more

Frost & Sullivan: Healthcare Industry Faces ‘Unforgiving’ Year

According to recent analysis from Frost & Sullivan, 2020 will be an unforgiving but transformational year for the healthcare industry, which is expected to witness a drop in growth from 5.3% to 0.6% in 2020, with revenues remaining below the $2 trillion mark. read more

Commercial Credit Group Moves HQ To Accommodate Expanding Workforce

Commercial Credit Group will move its company headquarters within Charlotte, NC, effective July 13. The office also will house corporate operations for Commercial Funding, which is an accounts receivable finance company. read more

First American Among Selling Power Magazine’s Best Companies to Sell For

Selling Power Magazine ranked First American Equipment Finance No. 29 among the best companies to sell for the U.S. The ranking includes companies of all sizes. read more

Star Tribune Names Bell Bank Minnesota’s Best Workplace

Bell Bank was named Minnesota’s Best Workplace in the Large Companies category, as listed by the Minneapolis Star Tribune. read more

Ryder Named Top Green Supply Chain Partner by Inbound Logistics

Ryder System was named a “Green Supply Chain Partner” in the annual Inbound Logistics “G75” special section for the 12th consecutive year. read more

Ritchie Bros. Simplifies Disaster Recovery and Builds IT Resilience with Zerto

Ritchie Bros. has modernized its disaster recovery with the Zerto IT Resilience platform, which reduces technology disruptions, downtime and data loss. read more

IHS Markit’s Data Lake Catalogue Unites Over 1,000 Datasets on One Platform

IHS Markit’s Data Lake unites its vast data assets into a single catalogued platform. The cloud-based platform stores, catalogues and governs access to structured and unstructured data. read more

Alaska Airlines Secures Nearly $1.2B in Debt Financing

Alaska Airlines secured nearly $1.2 billion in private loans to further secure its financial stability and future during the COVID-19 recovery period, while balancing the appropriate amount of liquidity. read more

DOE Recognizes Volvo for Waste Prevention Efforts

Volvo Group North America recently received a U.S. Department of Energy (DOE) Better Plants, Better Practice Award for preventing and reducing waste at several North American facilities. read more

Hyliion Launches Fully Electric Powertrain, Receives 1,000-Truck Preorder from Agility

Hyliion, a provider of electrified powertrain solutions for Class 8 commercial vehicles, launched its Hypertruck Electric Range Extender, a long-haul, fully electric powertrain. Agility confirmed a preorder of up to 1,000 trucks. read more

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