DUBLIN, Ohio--(BUSINESS WIRE)--Jan 14, 2026--
TEN (Transportation Equipment Network), a leading provider of trailer leasing, rentals, and fleet solutions across North America, today announced the successful closing of a large enterprise lease agreement with USA Truck. The agreement supports USA Truck’s near-term operational needs while creating a scalable foundation for long-term growth as the company continues to expand its network.
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The transaction represents a significant capital commitment by TEN, with approximately $50 million deployed into a dedicated fleet of 53’ dry van trailers placed on long-term lease to USA Truck. This investment underscores TEN’s ability to deploy capital at scale while delivering tailored fleet solutions aligned with customer strategy.
USA Truck selected TEN as a strategic partner based on its deep industry expertise, proven ability to move quickly, and collaborative approach to fleet solutions. With time being a critical factor, USA Truck needed a partner that not only understood the transportation landscape, but also understood its business and could execute with speed and precision.
“When time is of the essence, having a partner who truly understands your business makes all the difference,” said George Henry, Chief Executive Officer at USA Truck. “TEN’s team moved quickly, listened to our needs, and worked closely with us to design a structure that supports where we are today and where we are headed tomorrow.”
Building on an existing relationship and mutual trust, TEN worked side by side with USA Truck to develop a creative lease structure aligned to both immediate operational requirements and longer-term strategic objectives. The solution addressed unique fleet needs while providing flexibility to adapt as USA Truck continues to grow.
“This agreement reflects exactly what TEN is built to do, allowing us to put our strong balance sheet, agility, and scale to use to assist our customers achieve their fleet and capital goals,” said Hooman Yazhari, Chief Executive Officer at TEN. “We do not approach our customers as transactional vendors. We work as strategic partners, collaborating to solve real challenges and align fleet solutions to both short-term execution and long-term business goals. This is a win for USA Truck and a win for TEN.”
The enterprise lease agreement further reinforces TEN’s commitment to delivering tailored, high-touch solutions for leading transportation providers across North America. By combining industry knowledge, speed of execution, and flexible fleet strategies, TEN continues to help customers navigate complexity and position their businesses for sustainable growth.
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 83,000 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 https://tenleasing.com.
About USA Truck
Founded in 1983, USA Truck is a leading provider of transportation and logistics solutions. The company is committed to delivering safe, efficient, and customer-focused services across North America. With 1,800 trucks, 6,000 trailers, and an expansive Logistics offering, USA Truck is a significant asset-based transportation provider, delivering high-quality supply chain services throughout the North American market to customers ranging from Fortune 100 companies to regional family businesses.
TEN and USA Truck expand their strategic partnership through a $50 million enterprise lease agreement, delivering a scalable fleet solution aligned with USA Truck’s near-term operational needs and long-term growth strategy.
TORONTO--(BUSINESS WIRE)--May 11, 2026--
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Porter provides comprehensive flight schedules from both Toronto airports, emphasizing its continued investment in Canada’s largest city.
Toronto-City - Nashville is operated on the De Havilland Dash 8-400 aircraft, with daily service beginning today. The new route connects Billy Bishop - located just minutes from downtown Toronto - with one of North America’s most popular getaway destinations. Since launching U.S. flights from YTZ in 2008, Porter has been committed to providing elevated economy service between Toronto and key American cities. The new U.S. Customs Preclearance facility at Billy Bishop offers even greater convenience to passengers. Porter continues to build frequency and connectivity from the city’s downtown airport, providing more options for travellers than any other airline.
Service between Toronto Pearson and Quebec City will be operated by the brand new 132-seat Embraer E195-E2 aircraft, with 12 weekly roundtrip flights beginning May 12. The new route complements existing Toronto-City service. Connections are available through Toronto Pearson to Western Canada destinations such as Vancouver, Calgary, Edmonton, Winnipeg, and Kelowna. Additionally, these flights are optimally timed for our partner Air Transat’s extensive European network accessible via YQB, including destinations such as Lisbon, Rome, Venice, Paris, and Amsterdam.
Porter’s presence at Toronto Pearson continues to grow, connecting to more than 30 routes across North America, Mexico, the Caribbean and Costa Rica.
On every Porter flight, passengers can expect genuine hospitality and an elevated level of onboard service, including no middle seats, complimentary wine and beer served in glassware, and premium snacks. Routes operated with the E195-E2 also have free, fast WiFi available for everyone.
PorterReserve fares offer passengers an all-inclusive economy experience, with fresh meals, extra legroom seats, premium pre-mixed cocktails, priority check-in, and ticketing flexibility. These options are available à la carte with PorterClassic fares.
Full schedule details are available at www.flyporter.com.
Quotes
“Porter continues to build connectivity from Toronto’s two complementary airports, providing even more options for travellers to explore this summer. Nashville and Quebec City are both popular destinations, rich in culture and history. Passengers can now connect easily to Porter’s expanding Eastern Canada network from Billy Bishop and across North America from Toronto Pearson.”
- Andrew Pierce, vice president, network planning and reporting, Porter Airlines
“Porter’s new nonstop service to Nashville marks a significant milestone in the continued expansion of Billy Bishop Toronto City Airport’s transborder network. This route improves both choice and convenience for travellers, while strengthening Toronto’s direct links to some of North America’s most in demand destinations. With the introduction of U.S. Preclearance and Porter’s ongoing investment in service from downtown Toronto, this launch underscores strong confidence in Billy Bishop Airport’s role as a passenger-focused urban airport. We look forward to continuing our partnership with Porter as we support greater connectivity, drive economic benefits, and deliver seamless travel experiences for the city and region we serve.”
- RJ Steenstra, president & CEO, Toronto Port Authority, owner and operator of Billy Bishop Toronto City Airport
“Porter’s new nonstop service to Nashville is a great example of how Billy Bishop Toronto City Airport and partners continue to evolve in ways that put the passenger first. With U.S. preclearance now in place, travellers can enjoy more choice and a smoother, more seamless experience when flying to the U.S. from downtown Toronto. This route reflects the strength of our partnership with Porter and the Toronto Port Authority, and our shared focus on delivering the kind of convenient, elevated travel experience passengers expect and value.”
- Eve Wiggins, chief operating officer, Nieuport Aviation
“Porter Airlines’ first departure from Nashville International Airport (BNA) marks an important addition to our growing international offerings. As demand for global travel continues to rise in Middle Tennessee, expanding our partnerships is essential to providing travelers with more destinations and greater convenience. Nonstop service to Billy Bishop Toronto City Airport (YTZ) offers a direct connection into downtown Toronto, giving our passengers another valuable option for international travel. We’re proud to welcome Porter as our newest airline partner and to celebrate the launch of a service that further enhances BNA’s global reach.”
- Doug Kreulen, president and CEO, Metropolitan Nashville Airport Authority (MNAA)
“We welcome Porter’s continued expansion of service to destinations across the country. Quebec City is a vibrant and important market for both business and leisure travel, and this new route gives passengers more choice, greater convenience, and easier access to the destinations they want to reach across Canada at a time when demand for domestic travel continues to grow.”
- Carl Jones, head of business aviation development, Toronto Pearson
“We are pleased to see the return of the route between Toronto Pearson International Airport and Québec City Jean Lesage International Airport, operated by Porter Airlines. These 12 flights to the Canadian metropolis are fully in line with our objective of offering more options to travellers from the region and across Québec. They also help to strengthen connectivity to popular destinations in Western Canada.”
- Stéphane Poirier, president and CEO, YQB
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and X.
Porter Airlines continues to grow its Toronto network with new service between Billy Bishop Toronto City Airport (YTZ) and Nashville International Airport (BNA), as well as reintroducing service from Toronto Pearson International Airport (YYZ) to Québec City Jean Lesage International Airport (YQB).
