Transportation

PACCAR Financial Services, the finance arm of truck manufacturer PACCAR, today reported increased revenue for both the fourth quarter and...

As equipment inventories continue to spike and values drop amid a tightened financing environment, the transportation finance industry is gaining...

Rising costs of insurance, fuel and drivers — and the continuing decrease of freight rates — are causing some fleet...

Commercial vehicle rental company Ryder System has added two multiyear electric lease customers in South Florida as the commercial equipment...

Dropping transportation values created less incentive for lenders to repossess commercial vehicles despite default rates remaining elevated this year.  Despite...

Penske Logistics appointed Jeff Jackson as its new president, succeeding Marc Althen upon his retirement. (Courtesy/Penske) Jackson, a Penske veteran...

Ford Credit is developing more ways to support commercial vehicle financing as Ford increases its investment in its commercial segment. ...

Values for used transportation equipment continue to fall as organizations address procurement, the growing gap between new- and used-vehicle values...