FleetPride Adds Assets of TransAm Truck and Trailer Parts
FleetPride Inc. announced it acquired the assets of TransAm Truck and Trailer Parts of Rockford, Ill.
October 5, 2020ATRG Appoints Two Key Executives
American Trailer Rental Group announced two key executives’ appointments. The Walton, Ky.-based company promoted Brent Meadors to chief operating officer and named Heath Northcutt chief commercial officer.
October 5, 2020XPO Marks App Milestone
XPO Logistics Inc. announced that demand for its XPO Connect digital freight marketplace has reached two global milestones — more than 200,000 downloads of the Drive XPO mobile app and over 65,000 carriers registered on the platform.
October 5, 2020Bendix Buys Out Dana’s Share in Joint Venture
Bendix Commercial Vehicle System announced it acquired full ownership of Bendix Spicer Foundation Brake, the joint venture it formed in 2004 with Dana Inc. Bendix is a subsidiary of Germany-based Knorr-Bremse.
October 5, 2020Market Gets Harsh Reminder That COVID Is Its Elemental Risk
In 24 hours, investors have learned the jobless rate dropped, Tesla Inc. built more cars than forecast and that someone is back making huge options trades in tech megacaps. None of it mattered in markets captivated by news that not even the White House is safe from COVID-19.
October 2, 2020GM Considers Boosting Stake in Nikola in Reworked Deal
General Motors Co. is considering revisions to its deal with embattled Nikola Corp., according to people familiar with the discussions, and may seek a higher stake in the startup now that its valuation has fallen after allegations of deception.
October 2, 2020Kenan Advantage Group Acquires Canadian-Based Paul’s Hauling
Kenan Advantage Group has completed its acquisition of Paul’s Hauling Ltd.
October 2, 2020Pelosi Optimistic on Relief, Says Trump’s Illness Alters Dynamic
House Speaker Nancy Pelosi said negotiations on a new stimulus with the White House will press ahead and President Donald Trump’s COVID-19 diagnosis might change the tenor of the talks by emphasizing the seriousness of the pandemic.
October 2, 2020PennDOT Extends Expiration Dates for Commercial Licenses, Permits
As a response to statewide efforts to combat COVID-19, the Pennsylvania Department of Transportation has extended expiration dates pertaining to commercial driver licenses.
October 2, 2020Hyliion Goes Public on NYSE
Hyliion Inc., announced it has completed its business combination with Tortoise Acquisition Corp. That cleared the way for the combined company to be renamed Hyliion Holdings Corp. and its common stock to be listed as HYLN on the New York Stock Exchange.
October 2, 2020