Laurentian Bank finalizes acquisition of CIT Group

MONTREAL, Que, —  Laurentian Bank of Canada announced  today that it has completed the acquisition of CIT Group, which has a portfolio valued at approximately $1 billion. This acquisition was first announced at the end of June of this year. As stated

Isuzu Details All-New Class 6 FTR

Isuzu’s new Class 6 entry to the medium-duty truck market, the FTR. . Isuzu Commercial Truck of America, Inc., announced key specifications of its all-new entry in the Class 6 medium-duty truck segment, the 2018 Isuzu FTR.

DOC Miscalculation Raises Tariffs on Truck Tires From China

The U.S. Department of Commerce has admitted to a miscalculation in its preliminary anti-dumping tariff rate for truck and bus tires imported from China. As a result, the rates of every manufacturer and importer are increasing to 30.36% – nearly 10 poi…

VehicleDowntimeView Helps Measure and Manage Downtime

Fleet services provider ARI has developed a technology called VehicleDowntimeView that measures how long a vehicle is out of service and provides data to manage the reduction of a fleet’s total downtime. ARI VehicleDowntimeView uses GPS monitoring and telematics data to track the moment a vehicle arrives at and departs from a shop.

Kenworth Truck Centres Cambridge moves to new facility

CAMBRIDGE, Ont. — Kenworth Truck Centres Cambridge is moving into a brand new, state-of-the-art facility. The new building is located at 44 Barnes Road in Cambridge, Ont. To celebrate, the company is inviting the industry to its grand opening on October