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Transportation

A refrigerated railcar sits on the production line at the Greenbrier Cos.' Gunderson railcar plant in Portland, Oregon, U.S., on Tuesday, Jan. 15, 2013. The U.S. Federal Reserve is scheduled to release monthly industrial production figures on Jan. 16.

Transportation

Post Road closes $15M loan to transportation firm

byEquipment Finance News, AI Assisted

May 12, 2025

Post Road Equipment Finance has finalized a deal to provide a $15 million loan facility to an undisclosed transportation company serving aviation,...

Excavators in a lot during a Ritchie Bros heavy equipment auction in Bolton, Ontario, Canada, on Tuesday, May 9, 2023. Ritchie Bros Auctioneers Inc., a Canadian firm that sells heavy equipment at auctions around North America, struck an agreement in November to buy IAA, which sells damaged and written-off vehicles. RB Global

Construction

RB Global performance slips amid market uncertainty

byJohnnie Martinez II

May 8, 2025

Commercial vehicle marketplace RB Global saw a decline in commercial construction and transportation gross transaction values and lot volumes in...

Transportation

States sue Trump for halting electric car charger program

byBloomberg News

May 8, 2025

California and 16 other states sued the Trump administration for suspending a $5 billion federal funding program for electric car...

Customers view used Ford vehicles at a dealership in Colma, California, US, on Friday, June 21, 2024. CDK Global, a software provider to some 15,000 car dealers, was waylaid by debilitating cyberattacks this week that have had a crippling effect on the auto sales industry.

Transportation

Ford, GM report mixed commercial fleet results in Q1

byJohnnie Martinez II

May 6, 2025

Ford and General Motors saw mixed results in commercial vehicle demand during the first quarter, as Ford’s commercial vehicle segment...

Transportation

US house is likely to kill EV tax credit, speaker Johnson says

byBloomberg News

May 6, 2025

Republicans in the US House are more likely than not to kill a consumer tax credit for electric vehicles, according...

GM names Duncan Aldred President of North America business

Transportation

GM names Aldred president of North America operations

byEquipment Finance News, AI Assisted

May 6, 2025

General Motors has promoted Duncan Aldred to senior vice president and president of GM North America, effective May 5. Aldred,...

Lion C electric school buses outside the Lion Electric assembly plant in Saint-Jerome, Quebec, Canada, on Thursday, Oct. 13, 2022. Lion Electric Co. designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles, including seven mid range truck and bus models.

Transportation

Quebec government won’t rescue bankrupt bus maker Lion Electric

byBloomberg News

April 30, 2025

Canadian electric bus and truck maker Lion Electric Co. is unlikely to survive as the Quebec government turned down an...

Hino Motors Ltd. autonomous trucks travel in convoy during a demonstration at a test course in Hamura, Tokyo Metropolis, Japan, on Monday, May 21, 2018. The Japanese bus and truck maker said today it will aim to have vehicles capable of complete self-driving in limited areas as soon as 2025, including driverless convoys.

Transportation

Truck prices rise 5% MoM in April

byJohnnie Martinez II

April 30, 2025

The number of commercial trucks available for sale dropped in April as prices for new and used trucks also picked...

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