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Tuesday, June 07, 2022 2:44:30 PM
M-Loan has an extensive track record within the United States trucking industry and has specialized in the west-coast financing sector. The United States trucking industry enjoys the highest GDP in the world of any trucking industry. The GDP of the USA's trucking industry alone is higher than that of the entire GDP of many nations. The M-Loan acquisition sets the stage for both companies to come together as one under the Ultrack umbrella. Furthermore, the M-Loan acquisition immediately expands Ultrack's footprint into strategic USA locations so that Ultrack can be thought of more as a 'North American' company and not simply a 'Canadian' company.
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