TIP Trailer Services

I Squared Expands its Operations in Europe with Opening of Munich Office, Hires Yves Meyer-Bülow as Fund Partner and Head of Office

Retrieved on: 
Wednesday, March 13, 2024

I Squared Capital, a leading independent global infrastructure investment manager, today announced that it will expand its European operations with the opening of a new office in Munich, its first in continental Europe.

Key Points: 
  • I Squared Capital, a leading independent global infrastructure investment manager, today announced that it will expand its European operations with the opening of a new office in Munich, its first in continental Europe.
  • The Munich office will be led by Yves Meyer-Bülow, who will join I Squared as Fund Partner.
  • I Squared has been investing in Europe out of London since 2013 and has owned and operated 14 European infrastructure companies in 26 countries.
  • I Squared’s new Munich office marks the firm’s third new office opening in the last 12 months, following Sydney, Australia, and São Paulo, Brazil.

NEC awarded the Telecom Infra Project's "Silver Badge" for its disaggregated 400G transponder solution

Retrieved on: 
Thursday, October 12, 2023

TOKYO, Oct 12, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has been awarded a Requirements Compliant Silver Badge for a 400G transponder solution in support of the Telecom Infra Project's (TIP) Phoenix initiative for developing a transponder architecture that will promote the use of disaggregated, open hardware and software.

Key Points: 
  • TOKYO, Oct 12, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has been awarded a Requirements Compliant Silver Badge for a 400G transponder solution in support of the Telecom Infra Project's (TIP) Phoenix initiative for developing a transponder architecture that will promote the use of disaggregated, open hardware and software.
  • 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.
  • "NEC's Phoenix solution represents a significant leap forward in the telecom industry," said Anthony Laing, General Manager of Networking at NEC XON.

I Squared Capital to Acquire Rentco, A Leading Trailer Platform in Australia

Retrieved on: 
Tuesday, May 2, 2023

I Squared Capital, a leading global infrastructure investment manager, announced today that it has signed a definitive agreement, through its ISQ Global Infrastructure Fund III, to acquire Rentco, a leading transport equipment leasing company in Australia providing flexible equipment rental options.

Key Points: 
  • I Squared Capital, a leading global infrastructure investment manager, announced today that it has signed a definitive agreement, through its ISQ Global Infrastructure Fund III, to acquire Rentco, a leading transport equipment leasing company in Australia providing flexible equipment rental options.
  • I Squared has committed a further AUS $300 million to promote Rentco’s growth across the country and pursue new trailer leasing opportunities.
  • With depots in all mainland states of Australia, Rentco has a wide reach and established relationships with Tier-1 transport and logistics providers.
  • The capital commitment from I Squared Capital will help Rentco take advantage of these opportunities in addition to pursuing inorganic growth.

Viad Corp Completes Sale of Non-Core Business Unit

Retrieved on: 
Monday, December 19, 2022

To help ensure a smooth transition, GES will provide certain services to the new ownership during a transition period.

Key Points: 
  • To help ensure a smooth transition, GES will provide certain services to the new ownership during a transition period.
  • Viad (NYSE: VVI ) is a leading global provider of extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events through two businesses: Pursuit and GES.
  • Our business strategy focuses on delivering extraordinary experiences for our teams, clients and guests, and significant and sustainable growth and above-market returns for our shareholders.
  • Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements.

NEC demonstrates mission-critical Open RAN Integrations in O-RAN Global PlugFest Fall 2022

Retrieved on: 
Thursday, December 15, 2022

TOKYO, Dec 15, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced today that it has successfully demonstrated a series of Open RAN integrations in the new windowO-RAN ALLIANCE Global PlugFest Fall 2022, across three of its venues hosted by leading operators and the new windowTelecom Infra Project (TIP).

Key Points: 
  • TOKYO, Dec 15, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced today that it has successfully demonstrated a series of Open RAN integrations in the new windowO-RAN ALLIANCE Global PlugFest Fall 2022, across three of its venues hosted by leading operators and the new windowTelecom Infra Project (TIP).
  • NEC is a leading Open RAN provider recognized for its comprehensive suite of solutions, services, and system integration (SI) capabilities called NEC Open Networks.
  • Additionally, NEC was also awarded TIP's "Requirements Compliant Ribbon" for its three 5G massive MIMO Open RAN Radio Units in March 2022.
  • Also, Aspire successfully developed and deployed an rApp for anomaly detection at the O-RAN Global PlugFest Fall 2022 in the same Berlin i14y Lab.

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.