Used-construction equipment values dip as inventory climbs 46% in July
Used construction equipment values continued to fall in July as inventory piled up on dealer lots, prolonging a yearslong trend...
North American Class 8 truck orders drop 13% in July
North American preliminary net orders for heavy- and medium-duty trucks declined 13% year over year in July amid seasonal slowdowns,...
Hyster-Yale revenue climbs 7%
An uptick in dealer sales contributed to increased year-over-year revenue in the second quarter for material handling manufacturer Hyster-Yale, while...
Pronto deploys autonomous haulage at Heidelberg quarry
Pronto has deployed its autonomous haulage system at construction materials company Heidelberg Materials’ Lake Bridgeport quarry in North Texas. San...
Cat Financial sees 9% spike in revenue
Cat Financial, the financing arm of construction equipment manufacturer Caterpillar, reaped the benefits of higher interest rates and retail business...
Custom Truck One Source revenue drops 7.4%
A bump in aftermarket parts and services revenue were silver linings in a disappointing second quarter for Custom Truck One...
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...
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