BMO said to weigh $1 billion sale of transportation finance arm
Bank of Montreal is exploring a sale of its transportation finance business, which could fetch about $1 billion, according to...
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NextGear Capital salvage, heavy-duty truck portfolios grow 51%
Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth...
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New, used truck prices rise 2% in July
Commercial truck prices rose in July as tariffs continued to drive up prices amid other pressures such as lower spot...
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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...
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Proterra acquires farmland investment platform AcreTrader
Alternative asset manager Proterra Investment Partners has acquired AcreTrader, a farmland investment platform that combines agriculture, finance and technology. The...
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AGCO approves Tractor Zoom Pro for NA dealer network
Tractor Zoom’s Tractor Zoom Pro platform is now an approved solution for AGCO’s North American dealer network, With the platform,...
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Uber Freight founder joins autonomous big rig startup Waabi
Lior Ron, the entrepreneur who founded and ran Uber Technologies Inc.’s freight and logistics unit, is returning to the world...
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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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