Latest news with #TransportationEquipmentNetwork
Business Wire
23-06-2025
- Business
- Business Wire
TEN (Transportation Equipment Network) Launches in the Houston Market in Collaboration with Darda Management Group
HOUSTON--(BUSINESS WIRE)--TEN (Transportation Equipment Network), a leading provider of flexible trailer leasing, rentals, and fleet services, is proud to announce its official launch in the Houston market through a strategic collaboration with Darda Management Group. This expansion represents a significant step in TEN's mission to deliver high-performing equipment and responsive service solutions to customers across North America. 'This is more than a geographic expansion - it's about growing TEN with the right collaborators.' – Scott Nelson, President of TEN Share With one of the largest trailer fleets on the continent and a deep commitment to customer-first solutions, TEN's move into Houston brings new capabilities to one of the nation's most vital logistics and industrial corridors. Working alongside Darda Management Group - an experienced local service provider known for operational agility and a strong customer focus - will ensure that Houston-based companies can now access TEN's broad equipment portfolio and innovative service programs, backed by regional expertise and immediate support. 'This is more than a geographic expansion - it's about growing TEN with the right collaborators,' said Scott Nelson, President of TEN. 'With Darda's boots-on-the-ground presence and deep understanding of the Houston market, we're positioned to deliver reliable, flexible trailer solutions - supporting day-to-day operations and enabling rapid response through TEN Ready when emergencies strike.' As part of the launch, Houston will also be a key activation site for TEN Ready, TEN's disaster recovery and emergency response initiative. Designed for resilience, speed, and coordination, TEN Ready delivers rapid deployment of critical equipment in the wake of natural disasters and emergency events. Darda Management Group's localized infrastructure and fast-response capabilities will play a vital role in helping TEN deliver this program, ensuring that businesses and communities in the region can recover faster and with greater confidence. 'This partnership with TEN allows us to bring national resources to the regional businesses we've served for over two decades. It's an opportunity to scale the foundation we've built - one rooted in responsiveness, flexibility, and meeting the real-world needs of operators across the Gulf Coast and beyond,' explained James Marcel, founder of Darda Management. This collaboration underscores TEN's strategic approach to growth - blending scale, specialization, and local execution to meet customers where they are, with what they need. About TEN (Transportation Equipment Network) Headquartered in Dublin, OH, TEN (Transportation Equipment Network) is the largest full-service trailer lessor in North America. With approximately 86,000 trailers, 1,000 employees, 249 service shop bays, 130 mobile service trucks, 300 mechanics, 100 road technicians, and nearly 50 locations across the United States and Canada, TEN is equipped to seamlessly serve customers across North America. TEN provides full-service leasing as well as maintenance, advanced technological solutions, consultation services, and other innovative offerings across numerous industry verticals. To learn more, visit About Darda Management Group Darda Management Group (DMG) is a Houston-based regional lessor and seller of over-the-road semi-trailers and container chassis. Founded by logistics veteran James Marcel, DMG draws on over 20 years of industry expertise to deliver flexible leasing, financing, and asset management solutions — serving everyone from independent drivers to mid-sized fleet operators across the continental U.S. Recognized as the Houston Business Journal's No. 1 Fastest-Growing Company in 2023 and a Top 25 Minority-Owned Business in 2022, DMG continues to lead with efficiency, reliability, and customer-driven service. For more information, visit
Yahoo
02-06-2025
- Business
- Yahoo
Grant Thornton appoints Rick Surett as CFO, succeeding longtime leader Muhammad Bhayat
CHICAGO, June 02, 2025--(BUSINESS WIRE)--Grant Thornton, one of America's largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, has named Rick Surett as its new chief financial officer (CFO). He will succeed Muhammad Bhayat, who is retiring after more than 20 years at Grant Thornton. Surett officially steps into the CFO role on June 2. He is an accomplished financial executive with nearly 30 years of experience across private equity backed companies, public markets and complex capital structures. "Rick brings a wealth of experience and a fresh perspective that will help us continue driving value for our clients and our people — especially now, as we expand our multinational platform from America across Europe and into the Middle East," said Jim Peko, CEO of Grant Thornton. "At the same time, Muhammad's tenure at Grant Thornton has been a foundational part of this firm and he has made an immeasurable impact on our people and our business." Before joining Grant Thornton, Surett served as CFO of Transportation Equipment Network, the largest full-service trailer leasing company in North America, where he significantly improved operational efficiency and scalability. He also held a series of leadership roles at Ports America, including CFO, and previously served as director of corporate development at Avaya. Surett expressed enthusiasm about stepping into the role and continuing to build on the firm's legacy of innovation and growth. "Joining Grant Thornton as CFO will mean partnering with our exceptional teams across the organization to strengthen our financial strategy and support the firm's continued momentum," said Surett. "I can't wait to get started." Surett earned a bachelor's degree in accounting from Siena College in Loudonville, NY, and an MBA in finance from the State University of New York at Albany. About Grant ThorntonGrant Thornton delivers professional services in the US through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. In January 2025, Grant Thornton formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier advisory and tax practice, as well as independent American and Irish audit practices. In April 2025, Grant Thornton UAE also joined the multinational platform. With $2.7 billion in revenues and almost 60 offices spanning the U.S., Ireland, the UAE and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of almost 13,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture. Grant Thornton is part of the Grant Thornton International Limited network, which provides access to its member firms in more than 150 global markets. Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants. "Grant Thornton" refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients. View source version on Contacts Lourdes Perez T +1 305 341 8097E S Sign in to access your portfolio
Business Wire
02-06-2025
- Business
- Business Wire
Grant Thornton appoints Rick Surett as CFO, succeeding longtime leader Muhammad Bhayat
CHICAGO--(BUSINESS WIRE)--Grant Thornton, one of America's largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, has named Rick Surett as its new chief financial officer (CFO). He will succeed Muhammad Bhayat, who is retiring after more than 20 years at Grant Thornton. Surett officially steps into the CFO role on June 2. He is an accomplished financial executive with nearly 30 years of experience across private equity backed companies, public markets and complex capital structures. 'Rick brings a wealth of experience and a fresh perspective that will help us continue driving value for our clients and our people — especially now, as we expand our multinational platform from America across Europe and into the Middle East,' said Jim Peko, CEO of Grant Thornton. 'At the same time, Muhammad's tenure at Grant Thornton has been a foundational part of this firm and he has made an immeasurable impact on our people and our business.' Before joining Grant Thornton, Surett served as CFO of Transportation Equipment Network, the largest full-service trailer leasing company in North America, where he significantly improved operational efficiency and scalability. He also held a series of leadership roles at Ports America, including CFO, and previously served as director of corporate development at Avaya. Surett expressed enthusiasm about stepping into the role and continuing to build on the firm's legacy of innovation and growth. 'Joining Grant Thornton as CFO will mean partnering with our exceptional teams across the organization to strengthen our financial strategy and support the firm's continued momentum,' said Surett. 'I can't wait to get started.' Surett earned a bachelor's degree in accounting from Siena College in Loudonville, NY, and an MBA in finance from the State University of New York at Albany. About Grant Thornton Grant Thornton delivers professional services in the US through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. In January 2025, Grant Thornton formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier advisory and tax practice, as well as independent American and Irish audit practices. In April 2025, Grant Thornton UAE also joined the multinational platform. With $2.7 billion in revenues and almost 60 offices spanning the U.S., Ireland, the UAE and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of almost 13,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture. Grant Thornton is part of the Grant Thornton International Limited network, which provides access to its member firms in more than 150 global markets. Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants. 'Grant Thornton' refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.
National Post
01-05-2025
- Business
- National Post
TEN (Transportation Equipment Network) Launches TEN Ready: A Disaster Recovery Initiative Built on Rapid Response and Resilient Partnerships
Article content DUBLIN, Ohio — TEN (Transportation Equipment Network) is proud to introduce TEN Ready, a disaster recovery initiative designed to rapidly deploy trailer equipment to communities and businesses during times of emergency. Whether it's a hurricane, flood, or localized crisis, TEN Ready is your partner in resilience – offering immediate access to trailers for storage, transportation, and relief efforts. Article content Article content Whether it's a hurricane, flood, or localized crisis, TEN Ready is your partner in resilience – offering immediate access to trailers for storage, transportation, and relief efforts. Article content Built around a dedicated fleet of TEN trailers, TEN Ready provides fast, flexible, and scalable support when and where it's needed most. From dry vans to refrigerated and heated trailers, TEN Ready ensures that essential goods remain secure and protected – even in extreme temperature events. Article content 'At TEN, we're not just a provider – we're a partner,' said Sarah Ellison, Director of TEN Space, 'We believe that TEN Ready reinforces that commitment by helping our customers and communities recover quickly and keep operations moving forward, no matter the situation.' Article content TEN Ready Program Benefits: Article content Your Partner in Business Continuity & Community Support – Supporting faster recovery and minimizing downtime for both companies and the communities they serve. Immediate Access to Critical Equipment – Rapid trailer deployment for storage, transportation, and emergency logistics. Flexible, Scalable Solutions – Whether it's a regional disaster or a localized disruption, TEN Ready adapts to your needs. Climate-Controlled Options – Refrigerated and heated trailers keep temperature-sensitive goods protected during extreme heat or cold. Proactive Preparedness & On-Demand Response – Reserve trailers in advance or request support as emergencies arise. Article content Headquartered in Dublin, OH, TEN (Transportation Equipment Network) is the largest full-service trailer lessor in North America. Article content With approximately 86,000 trailers, 1,000 employees, 249 service shop bays, 105 mobile service trucks, 300 mechanics, 100 road technicians, and nearly 50 locations across the United States and Canada, TEN is equipped to seamlessly serve customers across North America. TEN provides full-service leasing as well as maintenance, advanced technological solutions, consultation services, and other innovative offerings across numerous industry verticals. To learn more, visit Article content Article content Article content Article content Article content
