Ryder Increases Its Solid Liquidity Position with $400M Public Bond Offering

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced it has issued $400 million of senior unsecured medium-term notes due September 2025. The transaction closed on May 7, 2020. The company will be using the proceeds from the offering to refinance a $300 million […]

Rocco Falabella Joins RumbleOn as Strategic Relationship Director

Two-Plus-Decade Industry Expert Joins RumbleOn to Lead Sales Execution DALLAS–(BUSINESS WIRE)–RumbleOn, Inc (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced the appointment of industry expert Rocco Falabella as Strategic Relationship Director. A veteran sales and relationship manager, Falabella is well-known […]

Omnitracs Acquires VisTracks, Accelerates Innovation of Omnitracs One Platform and Expansion into SMB Market

Acquisition Fast-Tracks Platform Growth and Extends Partner Network DALLAS–(BUSINESS WIRE)–Omnitracs, LLC, the global pioneer of fleet management solutions to transportation and logistics companies, today announced the acquisition of VisTracks, a leading provider of device-agnostic, SaaS-based compliance solutions to the transportation and logistics industry. This acquisition builds on the Omnitracs One platform vision and further enhances […]

WEX Launches Savings Network to Help Fleets Stretch Their Bottom Line

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a leading financial technology service provider, today announced the launch of its new business savings network, WEX EDGE. Designed for times like these to give small fleets and small businesses a competitive edge, WEX EDGE provides access to highly curated, discounted offers that are typically only available to large companies. By […]