Business, Equipment

US Equipment Orders Fell More Than Forecast in February

(Luke MacGregor/Bloomberg News) (Luke MacGregor/Bloomberg News)

U.S. factories received fewer orders for business equipment than forecast in February, just before the coronavirus-related demand shock that will likely lead a massive pullback in corporate investment.

Vince Golle | Bloomberg News
March 25, 2020
Business, Equipment

Ervin Equipment Announces C-Level Appointments

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October 21, 2019
Business, Equipment, TCA

Wabtec Names Rafael Santana CEO Effective July 1

Rafael Santana Santana via

Exactly two months after Westinghouse Air Brake Technologies purchased GE Transportation, Wabtec on April 25 announced that CEO Ray Betler will retire and that Rafael Santana, previously the CEO of GE Transportation, will step into that role as of July 1.

April 25, 2019

Transport Services Acquires Tra-Serv

Equipment provider Transport Services Inc. acquired Tra-Serv, which offers sales, rental and leasing, parts and service throughout Ohio and the surrounding areas.

January 28, 2019
Business, Equipment

Great Western Leasing and Sales Acquires All Points Equipment Leasing

Great Western Leasing and Sales, a full-service solutions provider to the flatbed and specialized trailer industry, has announced the acquisition of All Points Equipment Leasing. The move represents Great Western’s first expansion into the Midwest market, according to a Dec. 26 press release.

January 4, 2019

Opinion: Rethinking Leases in the Digital, Just-in-Time Marketplace

The digital marketplace has not only reshaped the retail landscape, but also has caused a fundamental shift in the transportation industry, as companies are forced to provide the low-cost/no-cost and on-demand delivery service consumers now expect.

Anthony Sasso | President of Equipment Finance, TD Bank
November 26, 2018

MEMA Searches for New CEO as Steve Handschuh Announces Retirement

 Steve Handschuh Steve Handschuh. (John Sommers II for Transport Topics)

The Motor & Equipment Manufacturers Association announced president and CEO Steve Handschuh has decided to retire effective Dec. 31, as a result of recent concerns with his health.

September 21, 2018
Business, Equipment

Commercial Vehicle Group Rides Truck, Construction Markets to Higher 2Q Results

CVGI display at a trade show CVGI's display at a 2017 trade show in Hanover, Germany. (Commercial Vehicle Group/Facebook)

Component supplier Commercial Vehicle Group Inc. reported a surge in second-quarter net income and its highest revenue since 2012 amid record heavy-duty truck orders and improvement in the global construction markets.

August 7, 2018
Business, Equipment, Safety, TCA

Safety Device on Every American Truck Got Inventor a Total of $20

Senior Airman Rachael Cover connects a trailer to a truck during a pre-mission maintenance check. (U.S. Air Force photo/Maj. Tom Crosson)

While a “two striper” in the Air Force 60 years ago, Robert Carpenter invented a color-coded system for attaching tractor-trailer air-brake connections that now is mandatory equipment for every truck on every American road. He was paid $20.

Elizabeth Dinan | Foster’s Daily Democrat (Dover, N.H.)
July 18, 2018
Business, Equipment

Fleet Advantage Survey Reveals Disconnect Between Managers, Accountants

Trucks on road Getty Images

Many fleet managers believe they are on a different wavelength from their company’s finance department on cost management, and that can lead to communication difficulties, according to a survey of trucking industry professionals from Fleet Advantage.

July 10, 2018