TIP Trailer Services

NEC Awarded Telecom Infra Project "Requirements Compliant Bronze Badge" for Disaggregated 400G transponder solution

Retrieved on: 
Thursday, November 10, 2022

TOKYO, Nov 10, 2022 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has been awarded two Requirements Compliant Bronze Badges from the Telecom Infra Project (TIP) for deploying its Network Operating System on TIP's defined open and disaggregated, optical new window400G transponder solution known as Phoenix.

Key Points: 
  • TOKYO, Nov 10, 2022 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has been awarded two Requirements Compliant Bronze Badges from the Telecom Infra Project (TIP) for deploying its Network Operating System on TIP's defined open and disaggregated, optical new window400G transponder solution known as Phoenix.
  • TIP is a global community of companies and organizations that work together to develop, test and deploy open, disaggregated, and standards-based solutions.
  • Phoenix is a white box L0/L1 transponder that operators can deploy on their existing optical line systems to increase network capacity.
  • It is based on disaggregated hardware and software components and is capable of line interface speeds of 400G.

TIP Trailer Services to Acquire the Trailer Leasing and Maintenance Business of Ryder Ltd

Retrieved on: 
Monday, April 25, 2022

TIP Trailer Services, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, and a leading trailer leasing, rental, maintenance and repair provider across Europe and Canada, has signed an agreement with Ryder (NYSE: R), to acquire the trailer leasing and maintenance business of Ryder Ltd in the UK.1 TIP will integrate the Ryder assets and contracts into its existing business, increasing its fleet with approximately 3,550 additional trailers and expanding its workshops in the UK to eighteen.

Key Points: 
  • TIP Trailer Services, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, and a leading trailer leasing, rental, maintenance and repair provider across Europe and Canada, has signed an agreement with Ryder (NYSE: R), to acquire the trailer leasing and maintenance business of Ryder Ltd in the UK.1 TIP will integrate the Ryder assets and contracts into its existing business, increasing its fleet with approximately 3,550 additional trailers and expanding its workshops in the UK to eighteen.
  • Many of the maintenance services employees are mobile technicians, who will enhance TIPs maintenance and repair capabilities.
  • This is an example of how I Squared Capital builds its platform companies through strategic acquisitions of quality assets.
  • Since our acquisition, TIP has grown its fleet by more than 70 percent and added 31 workshops through organic and inorganic growth.

TIP Signs Deal to Acquire the Trailer Leasing and Maintenance Business of Ryder Ltd

Retrieved on: 
Wednesday, April 13, 2022

TIP Trailer Services, a portfolio company of I Squared Capital and one of the leading trailer leasing, rental, maintenance and repair providers across Europe and Canada, today signed a deal to acquire the trailer leasing and maintenance business of Ryder Ltd. Ryder Ltd is a leading provider of commercial vehicle rental, contract hire, maintenance, and dedicated delivery solutions in the UK.

Key Points: 
  • TIP Trailer Services, a portfolio company of I Squared Capital and one of the leading trailer leasing, rental, maintenance and repair providers across Europe and Canada, today signed a deal to acquire the trailer leasing and maintenance business of Ryder Ltd. Ryder Ltd is a leading provider of commercial vehicle rental, contract hire, maintenance, and dedicated delivery solutions in the UK.
  • Announcing details of this latest acquisition, Bob Fast, TIP President and CEO, said, Acquiring the trailer leasing and maintenance business of Ryder Ltd is another key milestone in our growth path.
  • A significant portion of the Ryder Ltd mobile maintenance services employee base are mobile technicians which will be a great addition to TIPs maintenance and repair business.
  • We are delighted to welcome the mobile maintenance services staff of Ryder UK into the TIP family.

NEC Awarded "Requirements Compliant Ribbon" for 5G massive MIMO Open RAN Radio Units for Latest Published TIP Requirements 2.0

Retrieved on: 
Monday, February 28, 2022

NEC is an active participant in several consortia looking to drive technology requirements and standards for Open RAN and is the first global 5G supplier to have live, deployed 5G massive MIMO radio units that are OpenRAN compliant.

Key Points: 
  • NEC is an active participant in several consortia looking to drive technology requirements and standards for Open RAN and is the first global 5G supplier to have live, deployed 5G massive MIMO radio units that are OpenRAN compliant.
  • As was the case with TIP's previous recognition of NEC product compliance against the Requirements Document 1.0, the company's 5G massive MIMO radio units that have been awarded with the Requirements Compliant Ribbon are the MB5440, 5450 and 5460 units.
  • "The TIP community is driving the productization of Open RAN and we certainly welcome and encourage the level of engagement shown by NEC, and their contribution to shaping Open RAN innovation.
  • NEC is a global leader in Open RAN, with an end-to-end suite of solutions delivered as NEC Open Networks.

Global $463 Billion Automotive Equipment Leasing Markets, 2015-2020, 2020-2025F, 2030F

Retrieved on: 
Tuesday, March 9, 2021

Automotive Equipment Leasing Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global automotive equipment leasing market as it emerges from the COVID-19 shut down.

Key Points: 
  • Automotive Equipment Leasing Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global automotive equipment leasing market as it emerges from the COVID-19 shut down.
  • The automotive equipment leasing market consists of sales of automotive equipment renting or leasing services by entities (organizations, sole traders and partnerships) that provide passenger cars and truck/vans, utility trailer, and recreational vehicle (RV) without drivers and utility trailers.
  • The automotive equipment leasing market is segmented into passenger car rental; passenger car leasing; and truck, utility trailer, and RV (recreational vehicle) rental and leasing.
  • Asia Pacific was the largest region in the global automotive equipment leasing market, accounting for 33% of the market in 2020.

TIP Appoints Arjen Kraaij as Deputy CEO

Retrieved on: 
Wednesday, December 16, 2020

TIP, a portfolio company of I Squared Capital and one of the leading truck and trailer leasing, rental, maintenance and repair providers across Europe and Canada appoints Arjen Kraaij as Deputy CEO.

Key Points: 
  • TIP, a portfolio company of I Squared Capital and one of the leading truck and trailer leasing, rental, maintenance and repair providers across Europe and Canada appoints Arjen Kraaij as Deputy CEO.
  • View the full release here: https://www.businesswire.com/news/home/20201216005745/en/
    Arjen Kraaij, appointed Deputy CEO of TIP Trailer Services (Photo: Business Wire)
    Arjen has been successful in the role of Chief Commercial Officer for TIP Trailer Services since 2017.
  • Arjen has been instrumental in TIPs success over the past years and I am proud to announce his promotion to Deputy CEO and I am confident he will be very successful working with me to drive TIP on its future growth path.
  • Bob Fast, President and CEO TIP Trailer Services said.

Chinese Automotive Financial Leasing Markets, Forecast to 2026 with Profilings Done for 17 Companies - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 3, 2020

17 Chinese auto financial leasing companies including five automaker-backed financial leasing companies, five dealership companies, four internet-based companies and three professional leasing companies (operation, financial leasing business, financing channels, dynamics, etc.)

Key Points: 
  • 17 Chinese auto financial leasing companies including five automaker-backed financial leasing companies, five dealership companies, four internet-based companies and three professional leasing companies (operation, financial leasing business, financing channels, dynamics, etc.)
  • Auto financial leasing started late in China, and the players in the industry are seeking a suitable development route for own peculiarities.
  • Besides, professional leasing companies keep a low profile and have been making great strides in the industry thanks to its mature financial leasing business model.
  • Internet-based: such kind of financial leasing companies rapidly build own channels for customer acquisition by ways of mass advertising, ground promotion, the spread of outlets, etc.

TIP Trailer Services Announces Appointment of New CFO

Retrieved on: 
Monday, May 25, 2020

TIP Trailer Services, a portfolio company of I Squared Capital, has appointed Hans van Lierop as Chief Financial Officer and management board member.

Key Points: 
  • TIP Trailer Services, a portfolio company of I Squared Capital, has appointed Hans van Lierop as Chief Financial Officer and management board member.
  • Hans started as CFO for TIP from Monday, 18th of May 2020 and is based in TIPs international headquarters in Amsterdam, the Netherlands.
  • View the full release here: https://www.businesswire.com/news/home/20200525005042/en/
    Hans van Lierop, appointed CFO of TIP Trailer Services (Photo: Business Wire)
    I am looking forward to joining TIPs senior leadership team and leading its Finance organisation and look forward to contributing to TIPs future success.
  • Following the appointment of Hans van Lierop, interim CFO Simon Glass will be leaving TIP at the end of May.

TIP Trailer Services Announces the Successful Refinancing of Its ABS Programme

Retrieved on: 
Monday, March 9, 2020

On 9 March 2020, TIP Trailer Services, a portfolio company of I Squared Capital, successfully refinanced its Asset Backed Securitization (ABS) programme.

Key Points: 
  • On 9 March 2020, TIP Trailer Services, a portfolio company of I Squared Capital, successfully refinanced its Asset Backed Securitization (ABS) programme.
  • The Pan-European programme was originally established in 2014 and will now run until March 2021.
  • As part of the refinancing, the credit rating of the securitization programme has also been upgraded to AA from A (bank internal rating), reflecting the strength of the underlying assets.
  • Headquartered in Amsterdam, the Netherlands, TIP Trailer Services is one of Europe and Canadas leading equipment service providers, specializing in trailer leasing, rental, maintenance and repair, as well as other value-added services and provides these to transportation and logistics customers.

Penske Truck Leasing Opens in Goldsboro, North Carolina

Retrieved on: 
Monday, March 2, 2020

READING, Pa., March 2, 2020 /PRNewswire/ -- Penske Truck Leasing has officially opened for business at its new facility in Goldsboro, North Carolina.

Key Points: 
  • READING, Pa., March 2, 2020 /PRNewswire/ -- Penske Truck Leasing has officially opened for business at its new facility in Goldsboro, North Carolina.
  • Located at 1305 W Grantham St. in Goldsboro, the new location will offer consumer and commercial truck rental in addition to full-service truck leasing and contract truck fleet maintenance .
  • Penske provides businesses with full-service truck leasing, truck fleet maintenance and truck rentals of straight trucks, flatbeds, refrigerated trucks and trailers, cargo vans, semi-trailers, and more.
  • Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania.