Traton Financial revenue jumps 17%
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit...
Ares Management acquires Epika Fleet Services
Equipment industry mergers and acquisitions activity increased several transportation companies made transactions in April. Ares acquires majority stake in Epika...
Core capital goods improve amid growing equipment investment
Core capital goods new orders, shipments, total inventory and unfilled orders inched up in March, as equipment investment increased during...
Volvo Financial Services’ retail loan volume rises
Volvo Financial Services’ financing volume rose in the first quarter as the lender achieved stability in the face of a...
Tariff speculation drives down Q1 US tractor sales
Farm tractor and combine sales dipped in the first quarter as the agricultural equipment market remained weak due to tariffs...
PNC, Huntington report lease financing uptick
Regional equipment financiers PNC Bank and Huntington Bank saw growth in their lease financing and commercial and industrial portfolios during...
Ford develops strategy for tariffs, Ford Pro growth
Ford Motor Co. is developing its strategy for how to best manage the tariff situation, John Lawler, vice chair and...
Rising tariffs push up fleet costs
Rising tariffs — and the potential for more tariff-related fees — could represent a significant cost increase for fleet managers...
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