Financing models, federal rules take shape for autonomous trucks
The autonomous truck market continues to heat up as financing models and a federal framework come into focus. The global...
John Deere Financial profit jumps 34%
John Deere Financial’s net income surged in its fiscal third quarter as its leasing portfolio grew while equipment sales dropped...
Volvo weighs in on truck OEMs’ lawsuit vs. CARB
Volvo Group is among the trucking industry titans Daimler Truck, Paccar and International Motors suing the California Air Resources Board...
8 more trucking companies go bankrupt, 2 shut down
Eight more trucking companies filed for bankruptcy in the past month while two others ceased operations, and tightened lending standards...
Cat dealer Finning’s order backlog swells to record $2.2B
Canadian Caterpillar dealers Finning International and Toromont Industries reported higher total revenue and strong rental activity in the second quarter,...
New floorplan financing tool combines, tracks data, Tamarack says
Equipment finance software provider Tamarack Technology is looking to streamline floorplan financing at a time when the equipment lenders and...
RB Global inventory sales revenue soars 26% in Q2
Commercial vehicle marketplace RB Global reported increased total revenue and gross transaction values in the second quarter despite struggles in...
Hyster-Yale dealer sales in Americas plunge 35%
Materials handling equipment manufacturer Hyster-Yale’s dealer sales plunged in the second quarter amid economic turbulence and operational shifts. HYG Financial...
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