Finance and insurance revenue falls for major truck dealers
Rush Enterprises and Penske Automotive Group reported decreased finance and insurance revenue in the second quarter while seeing slight bumps...
Commercial truck lenders optimistic for 2025 and beyond
The financial outlook on commercial trucking is starting to brighten with glimmers of hope amid a yearslong recession. While challenges...
Spike in rental rates drives revenue growth in Q2
H&E Equipment Services, Herc Rentals and United Rentals all reported year-over-year revenue growth in the second quarter as rental rates...
Report: Lending climate tightens — again
Some industries tied to heavy equipment felt the strain of tightened lending standards in the first quarter while others showcased...
Traton Financial sees 3% jump in revenue
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit...
Equipment investment poised for continued growth
The heavy-equipment investment market is expected to grow in the second half of 2024 as inflationary pressures ease, with trucking...
Paccar Financial Services revenue up 16% YoY
Paccar Financial Services, the financial arm of truck manufacturer Paccar, is looking to expand operations after reporting year-over-year revenue growth...
Truck rental prices climb as industry eyes recovery
Truck rental prices in June rose to their highest point of the year as the transportation sector works to bounce...
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