Durable goods orders fall again as transportation orders remain volatile
New orders for durable goods slid in July as transportation equipment orders fell for the third time in four months. ...
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Dealer Operations
Workhorse Group adjusts dealer model following Motiv merger
Commercial medium-duty EV truck manufacturer Workhorse Group is revamping its dealer sales model as part of its planned merger with...
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Dealers see 35% surge in new work truck, van sales
A resilient construction sector and opportunistic lenders boosted new vocational vehicle sales in the second quarter, but dealers are still...
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Trump widens metal tariffs to target baby gear and motorcycles
President Donald Trump stunned the logistics industry on Friday by widening his steel and aluminum tariffs to include more than...
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Equipment industry expects challenges from tariff expansion
Equipment manufacturers and dealers face increased costs after the expansion of goods covered under Section 232 tariffs on steel and...
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Ferronordic Q2 revenue dips amid uncertainty of US trade, tax policies
Construction and truck equipment dealer Ferronordic’s total revenue declined in the second quarter, attributed to uncertainty around U.S. trade and...
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Equipment dealers face mounting tariff concerns
Equipment dealers face rising costs and uncertainty, creating a greater need for strong dealer advocacy with lawmakers and mitigation efforts...
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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,...
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