High inventory sinks used-truck values
Used-truck inventories continued to sit on dealer lots in June, highlighting the ongoing freight recession. Lenders remain reluctant to...
Read moreDetails
Transportation
Electrada growing commercial electrification through relationships
Commercial vehicle charger manufacturer Electrada continues to cultivate relationships with dealers, lenders, OEMs and energy companies. Electrada’s partnerships with lenders...
Read moreDetails
June truck orders decline amid overcapacity, elevated rates
Orders for Class 5 to Class 8 trucks decreased in June as freight rates and overcapacity further exacerbated the overall...
Read moreDetails
Rising premiums further burden trucking industry
Rising insurance premiums were among increasing costs affecting the trucking industry in 2023, despite declining accident rates. Truck insurance premiums...
Read moreDetails
One in five public EV chargers in the US don’t work, study finds
Broken and malfunctioning chargers, erratic charging pricing and drivers of regular cars who park in spots reserved for electric vehicles...
Read moreDetails
CDK Global attack impacts truck dealers
Commercial truck dealers continue to feel the impact of a cybersecurity attack on dealer management system provider CDK Global. Penske...
Read moreDetails
Used-truck inventories keep climbing in May
Used-truck inventories continue to rise in May as lenders remain cautious in financing them. Heavy-duty truck inventories hovered around April...
Read moreDetails
Waabi raises $200 million to deploy driverless trucks by 2025
Autonomous driving startup Waabi Innovation Inc. has raised $200 million from investors including Uber Technologies Inc., Nvidia Corp. and Volvo...
Read moreDetailsProud Member Of
Check Out Our Industry Event
