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...
Beige Book: Agriculture, transportation sectors show signs of life
High borrowing costs continue to hamper economic growth in industries tied to heavy equipment, although transportation and agriculture sectors in...
High inventory sinks used-truck values
Used-truck inventories continued to sit on dealer lots in June, highlighting the ongoing freight recession. Lenders remain reluctant to...
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