Industry News

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

Christmas Pete Makes Annual Holiday Appearance at Towing Museum

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…

Read More

Volvo Autonomous Solutions Reveals Prototype Long-Haul Autonomous Truck

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,”…

Read More