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...Job moves JPMorgan Chase has named Carsten Woehrn, who was promoted to co-head of mergers and acquisitions for Europe, the Middle East and Africa earlier this month, to global co-head of M&A for its strategic...
...Prices for new cars and trucks remain historically high....
...[When leasing a ship to MSC], we get a very quick reaction. Maersk decisions can take longer.”...
...That rises to $80,000 or less for pick-up trucks like the Ford F-150 Lightning and other larger vehicles....
...South Korean ecommerce group Coupang has appointed Pedro Franceschi, co-founder and co-chief executive of corporate card fintech start-up Brex, to its board of directors....
...Harper Petersen & Co, the Hamburg ship broker, reports that its Harpex container ship index of shipping rates has risen from 1,154 at the beginning of the year to 3,143....
...(Washington Post) The UK will ban the sale of diesel trucks from 2040, and VW says EU rules will make electric vehicles more profitable than petrol cars....
...After the past decade, instead of jealously guarding their independence, leasing central bankers now talk of the need for fiscal policy to help keep inflation from falling....
...A clutch of companies focused on self-driving trucks have also raised funds to take on the $700bn US trucking market....
...Magtec produces electric drive trains for military vehicles, small trucks and buses....
...In seemingly co-ordinated announcements, the Confederation of Indian Industry (CII), and the Federation of Chambers of Commerce and Industry — India’s two largest business organisations — called on the RBI...
...Additional reporting by Peter Wells Second opinion: the partner Mitsui acquired a 20 per cent stake in US truck leasing company Penske in 2015....
...In April, two of the co-operative’s tractors, two trailers and a truck worth €70,000 were stolen, forcing Parisi to obtain a loan that will take five years to pay off....
...Volvo Group built its first car in 1927 and soon after began making trucks....
...GM said its US dealers delivered 195,909 cars, trucks and crossovers in January, down 3.8 percent year over year....
...“The company car is still seen as a status symbol, and it will be very hard to break that,” says Ken Buckley, head of sales at TCH Leasing, a contract hire and fleet management company....
...Companies including Union Pacific, Credit Suisse, Penske Truck Leasing, HJ Heinz and railcar and freight company TTX sold more than $6bn in notes and bonds combined, just as Wall Street scrambled to make...
...Jessica Caldwell, an analyst for Edmunds.com, the car information site, said Chrysler had maintained its growth by arranging financing for subprime borrowers buying its vehicles and by stepping up leasing...
...The family-owned oil company’s plans would turn her neighbourhood of bike-riding kids, pastureland and wild deer into a health hazard scarred by drilling rigs, trucks, noise, dust and chemical pollutants...
...However, convincing lawmakers that its short-term leasing service is entirely legal has been a tougher challenge....
...Following the IPO, Kion’s net debt, including pensions and leasing liabilities, would be around €1.7bn, implying an enterprise value of €5.2bn....
...This could mean leasing cars for short periods or making electric bikes rather than just building and selling cars. “We’re trying to predict where things are going to go,” Mr Tamor says....
...The 46-year-old son of a truck driver, Mr Drumm left school at 16 with a high school diploma and a determination to make money....
...The sector in the northeast is still heading in the right direction, says Ryan Maughan, Avid’s group managing director, but ONE’s disappearance means less co-ordination....
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