Industry News

Jerr-Dan Celebrates its 50-Year Anniversary

Jerr-Dan, an Oshkosh Corporation company (NYSE:OSK) and a single brand leader in the towing and recovery industry, has announced its 50th anniversary. Founded in 1972, Jerr-Dan initially built carriers and trailers and introduced the first aluminum carrier in 1977. Over the past 50 years, Jerr-Dan has become recognized as a leading manufacturer of light, medium…

Read More

New Jersey Tow Operator Saves Crash Victim from Burning Vehicle

John Jay “JJ” Tashjian, a tow operator from Nick’s 24 Hour Towing Service in Rutherford, N.J., is being lauded for his actions in saving a driver from a burning vehicle on Sunday, Jan. 23, 2022, in Kearny, N.J. According to news reports, Tashjian was traveling northbound on the NJ Turnpike in the early morning hours…

Read More

Urgently Secures Up to $75 Million in New Financing from Highbridge, Onex Credit and Whitebox Advisors

Urgently, a provider of digital roadside and mobility assistance services, announced on December 22, 2021, it has secured up to $75 million in debt financing from certain funds managed by Highbridge Capital Management, LLC (“Highbridge”), Onex Credit and Whitebox Advisors.  to help the company advance its mission in the roadside assistance market and to develop…

Read More

AAA Activates Tow to Go for the Holidays

AAA press release: AAA is once again offering Tow to Go in select states during the final week of the holiday season, serving as the last line of defense to keep impaired drivers off the road. The service is provided from 6 p.m. Friday, December 24th – 6 a.m. Monday, January 3rd. AAA Tow to…

Read More