Overing to oversee Hankook Canadian sales team
BRAMPTON, ON - Hankook Tire has a new director of sales and marketing in Canada. The company announced today that John Overing will oversee the region's sales team, and will be instrumental in identifying growth opportunities within the Canadian market. Overing has more than 18 years of industry experience, including senior-level positions at Yokohama Tire and Michelin North America.
Celadon Group sells flatbed division to PS Logistics
INDIANAPOLIS, IN - The Celadon Group has sold all the assets in its flatbed trucking division to PS Logistics. The company announced the completion of the disposition of assets Sept. 18, as part of a strategic plan to concentrate resources on other business lines and boost returns. Assets included in the transaction were primarily leased and owned trailers, which were sold in exchange for an assumption or satisfaction of the lease obligations and cash, Celadon said. It is also entitled to post-closing goodwill payments.
Mack projects 250,000-truck market, bigger vocational share
AUSTIN, TX - Mack Trucks president Dennis Slagle admits that North America's truck makers are still living through a "hangover" when it comes to sales. "The over-exuberance at the end of 2014 introduced a lot of orders into the system," he says. "The retail shelves were full, and that affected the number of trucks moving around." But that is hardly dampening the company's spirits.