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Transportation

Partially assembled vehicles, including the Chevrolet Silverado 1500 and GMC Sierra 1500, at the General Motors assembly plant in Fort Wayne, Indiana, US, on Tuesday, April 9, 2024. General Motors Co. is scheduled to release earnings figures.

Transportation

Ford, GM realizing long-term benefits of commercial fleet bundling

byJohnnie Martinez II

February 6, 2025

Ford and General Motors benefited from growing commercial vehicle demand in the fourth quarter, as software and fleet sales indicate...

Canada Cartage to Acquire Walmart Canada’s Fleet Business

Transportation

Canada Cartage buys Walmart Canada’s fleet business

byEquipment Finance News, AI Assisted

February 4, 2025

Toronto-based Canada Cartage signed an agreement to acquire Walmart Fleet, the transportation division of Walmart Canada. Canada Cartage's acquisition will...

Transportation

Volvo taps Canadian AI startup Waabi in self-driving truck push

byBloomberg News

February 4, 2025

Volvo AB plans to develop autonomous trucks using technology from Canadian artificial intelligence startup Waabi Innovation Inc., with a goal...

A truck carrying vehicles near the Otay Mesa Port of Entry, on the US-Mexico border in Tijuana, Baja California, Mexico, on Monday, Jan. 27, 2025. Cargo like cars move along the border economy as US President Donald Trump signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, unless the US neighbors did more to clamp down on immigration.

Transportation

Truck prices find stability as expectations for 2025 grow

byJohnnie Martinez II

February 3, 2025

Stable pricing in the trucking industry at the end of last year opens the door for a better 2025 after...

Transportation

MAN delivers first 10 long-distance EV trucks

byEquipment Finance News, AI Assisted

January 30, 2025

German commercial vehicle manufacturer MAN Truck and Bus, a subsidiary of Traton Group, has delivered its first 10 long-distance electric trucks....

North American net truck sales up 27% YoY

Transportation

Volvo Financial Services’ credit portfolio swells in 2024

byQuinn Donoghue

January 29, 2025

Volvo Financial Services beefed up its credit portfolio in 2024 despite seeing a drop in total financed units. The financing...

A Kenworth T680E electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

Transportation

Paccar Financial Services profits slip as delinquency concerns rise

byJohnnie Martinez II

January 28, 2025

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw profits dip in 2024 as delinquencies and loss provisions...

Transportation

US core business equipment orders increase by more than forecast

byBloomberg News

January 28, 2025

US orders and shipments for business equipment both rose in December by more than forecast, pointing to firmer investment going...

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Transportation

Ford, GM realizing long-term benefits of commercial fleet bundling

Canada Cartage buys Walmart Canada’s fleet business

Volvo taps Canadian AI startup Waabi in self-driving truck push

Truck prices find stability as expectations for 2025 grow

MAN delivers first 10 long-distance EV trucks

Volvo Financial Services’ credit portfolio swells in 2024

Paccar Financial Services profits slip as delinquency concerns rise

US core business equipment orders increase by more than forecast

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