Truck News



  • Canvec acquires Location RP assets

    December 4, 2018 11:55AM by johng@newcom.ca

    MONTREAL, Que. — Canvec Leasing has acquired the assets of Location RP, a Montreal-based business that specialized in renting semi-trailers and container chassis. In the process, Canvec increases its fleet by more than 50%. Most of Location RP’s clients were

  • Tenneco buying Federal-Mogul for $5.4 billion

    April 11, 2018 1:17PM by Truck News

    NEW YORK, N.Y. – Icahn Enterprises is selling Federal-Mogul to Tenneco for US $5.4 billion dollars, while Tenneco has announced plans to split Federal-Mogul in two. The price includes US $800 million in cash and 29.5 million shares in Tenneco