Follow Us

(908) 754-3330

South Plainfield, NJ

(908) 427-4332

Parsippany, NJ

Industry News

Hino Trucks and Cummins Announce Medium and Heavy-Duty Engine Offering

FOR IMMEDIATE RELEASE: March 12, 2021 L and XL Series Trucks powered by Cummins engines to be produced at Hino plants in West Virginia, USA and Woodstock, Canada Hino redirect resources toward "Project Z" development of batter electric vehicles and accelerate production timeline Novi, MI - During the virtual 2021 NTEA Work Truck Show, Hino announced their intent to produce...

Lion Electric Partners with HK Truck Center to Bring Electric Trucks and Buses to New Jersey

Lion Electric (Lion), an innovative manufacturer of zero-emission vehicles, today announced that H.K. Truck Center, a leading New Jersey-based truck dealership, will distribute, sell and service Lion’s complete lineup of zero-emission buses and trucks in the state. Under the agreement, H.K. Truck Center will serve as the regional dealer for Lion’s extensive portfolio of innovative heavy-duty battery...

The 2020 Section 179 Deduction Limit for Businesses is $1,040,000

Don't forget! The deduction limit for 2020 has been raised to $1,040,000. This means U.S. companies can deduct the full price of qualified equipment purchases up to $1,040,000 with "total equipment purchase" limit of $2,590,000. The deduction includes both new and used qualified equipment. In addition, businesses can take advantage of 100% bonus depreciation on both new...