News

Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion,...

The equipment finance industry ended 2025 on a high note as originations spiked while credit approvals remained elevated. New business...

Orders for core capital goods increased in November as favorable fiscal and monetary policies improved capital spending.  In November, core capital goods orders, which...

PACCAR reported solid financial results in 2025, with record performance from its parts and financial services divisions helping offset a...

Autonomous trucking startup Gatik AI Inc. signed a deal with a major consumer-goods company that will double its contracted revenue...

Autonomous trucking software provider PlusAI and commercial vehicle OEM Traton Group have expanded their partnership to accelerate the development and...

GM Financial and Ford Credit are one step closer to forming industrial banks following approval this week from the FDIC and Utah Department of Financial Institutions.  ...

Eight more trucking companies have filed for bankruptcy over the past two months, including several prominent carriers with loads of unpaid...