TEN Announces $50 Million Enterprise Lease Agreement with USA Truck to Support Continued Growth and Expansion

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.

HOUSTON (AP) — Aaron Judge doubled and Pete Crow-Armstrong and Brice Turang each had two hits as the United States beat Canada 5-3 on Friday night to reach the World Baseball Classic semifinals.

The U.S. squad rebounded after an 8-6 loss to Italy in pool play left them needing help to advance to this round.

The Americans move on to face the Dominican Republic in a semifinal on Sunday in Miami, with Paul Skenes starting against the Dominicans' Luis Severino. It will be the team’s third straight appearance in the semifinals and the fourth overall.

It’s another big win for the U.S. over its neighbors to the north, coming after the U.S. hockey team beat Canada 2-1 in overtime to win the gold medal at the Milan Olympics last month.

Bo Naylor hit a two-run homer in Canada’s three-run sixth that cut the deficit to two runs. But the U.S. bullpen closed it out, capped by Mason Miller striking out the side in the ninth for the save.

Canada, which was in the quarterfinals for the first time, fell to 1-5 against the U.S. in the WBC.

Canada trailed by five runs when Owen Caissie walked with one out in the sixth and moved to second on a groundout by Abraham Toro. Tyler Black’s RBI single off Brad Keller cut the lead to 5-1.

Naylor’s shot to the second deck in right field came on Gabe Speier’s fifth pitch and got Canada within 5-3. It was the 10th home run the U.S. has allowed in five games in the tournament.

Canada had a shot to close the gap in the seventh when it had runners on second and third with no outs. But David Bednar retired the next three batters, with two strikeouts, to escape the jam.

U.S. starter Logan Webb allowed four hits and walked one with five strikeouts in 4 2/3 innings.

Bobby Witt Jr. was on with one out in the first when Judge doubled before Witt scored on a groundout by Kyle Schwarber to give the U.S. an early lead. The double by Judge was the only extra-base hit of the night for the U.S.

Canada had a runner on first with two outs in the second when Witt made a leaping catch on a ball hit by Edouard Julien to end the inning.

The bases were loaded with two outs in the third when Alex Bregman singled on a ground ball to Toro. His throw to first sailed over Josh Naylor’s head and into the dugout and two runs scored to make it 3-0.

Roman Anthony singled with one out in the sixth before a walk by Cal Raleigh. Brice Turang singled on a grounder to center field to score Anthony and push the lead to 4-0. Crow-Armstrong sent the next pitch into center field for an RBI single before Witt grounded into a double play to end the inning.

AP MLB: https://apnews.com/hub/mlb

United States pitcher Gabe Speier delivers a pitch against Canada during the sixth inning of a World Baseball Classic quarterfinal game, Friday, March 13, 2026, in Houston. (AP Photo/David J. Phillip)

United States pitcher Logan Webb reacts after striking out Canada third baseman Abraham Toro (31) to end the first inning of a World Baseball Classic quarterfinal game, Friday, March 13, 2026, in Houston. (AP Photo/David J. Phillip)

Canada catcher Bo Naylor, hits a two-run homer against the United States during the sixth inning of a World Baseball Classic quarterfinal game, Friday, March 13, 2026, in Houston. (AP Photo/David J. Phillip)

United States right fielder Aaron Judge celebrates his double against Canada during the first inning of a World Baseball Classic quarterfinal game, Friday, March 13, 2026, in Houston. (AP Photo/David J. Phillip)

United States second baseman Brice Turang (13) hits an RBI single against Canada during the sixth inning of a World Baseball Classic quarterfinal game, Friday, March 13, 2026, in Houston. (AP Photo/David J. Phillip)