Industry News

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…

Local drivers in San Francisco can now receive text messages warning them if their car is about to impounded for parking violations. In the “Text Before Tow” program, drivers who opt in to the service receive text messages if their vehicle may be towed for 72-hour parking, blocking driveways or parking in construction zones or…

Source: American Trucking Associations press release On December 20, 2021, the American Trucking Associations released its annual look at the future of the freight economy – U.S. Freight Transportation Forecast 2021 to 2032 – showing a strong rebound and continued growth for freight demand this year and into the future. “With a focus on the…

A succession of winter storms across the central Midwest, Northeast and some areas of the south has kept towing companies busy. Calls for slide-offs and winch outs from snow and ice are keeping tow operators running 24/7 to rescue vehicles and motorists in frigid conditions. As local news stations profile towing companies at work, tow…

From the staff at Tow Times

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…

From the staff at Tow Times

Christmas Pete made its annual, holiday appearance at the International Towing & Recovery Museum on December 10, 2021. Christmas Pete, a Peterbilt with a 60-ton Century rotator, belongs to John Weaver of Mauldin Body Shop & Towing in Canton, Ga. The truck has 175,000 LED lights powered by two onboard generators and a holiday music…

Volvo Autonomous Solutions and Aurora have a unveiled a prototype of Volvo Trucks’ long-haul VNL model, integrated with Aurora Driver technology, representing an important step towards launching fully autonomous Class 8 trucks commercially in North America. “Volvo Autonomous Solutions is proud to take our first, major steps toward the autonomous Volvo VNL in North America,”…

Wisconsin Governor Tony Evers signed into law Assembly Bill 297, now 2021 Wisconsin Act 115, to address safety for roadside workers, police, fire, tow operators and highway workers. “Distracted or negligent driving is dangerous and can even be deadly. This bill is a critical step in ensuring the safety of workers on our roads, whether…