Toronto-based Element Financial Corp. will raise $2.5 billion Canadian ($2.05 billion) in corporate debt to fund an unidentified acquisition that must be completed by the end of the year.
Registration is still open for the Global Fleet Conference, which will be held June 15-16 in Miami, Fla. The event, now in its third year, has become the not-to-be-missed fleet event of the year. Past attendees explain why.
AlertDriving has announced that Chile’s Todo Transito has become a Certified AlertDriving Channel Partner.
OBI Telematics and Navman Wireless have announced an exclusive distribution agreement allowing both companies to extend their reach throughout the Middle East and Africa.
TÜV SÜD Auto Service GmbH has acquired 100 percent of the shares of TCOPlus and its sister company, FleetVision, the global market-leaders in consolidated fleet reporting, TCO forecast solutions and international fleet consulting, based in Belgium.
Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.
Enterprise Truck Rental, a service of Enterprise Rent-A-Car, has opened its first location in Puerto Rico. The new Carolina, Puerto Rico, office operates a diverse fleet of trucks that are available for daily, weekly or monthly rentals.
Hyundai Motor started production of the company’s first multi-purpose light commercial vehicle (LCV), the All-new H350, in Europe. It has been designed, engineered, and manufactured in Europe, for sale across Europe.
DAF Trucks N.V. has concluded an agreement with Truck World Auto Assembly (T.W.A.A) in Port Klang, Malaysia, for the marketing, sales, and service activities of DAF Trucks in Malaysia.
IMPERIAL Southern Cross Motors is targeting 20 per cent market share in the local motor vehicle industry.
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