Truck dealers navigate used inventory challenges
Equipment dealers and asset managers continue to navigate the challenges of the used-truck market, amid fluctuating values, inventory and prices. ...
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Transportation
Orders for Class 8 trucks drop 8.7% in March
Orders Class 8 trucks in North America March decreased 8.7% year over year, according to data from industry analytics firm...
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Rising truck defaults, delinquencies expected to persist
Defaults and delinquencies continue to plague the equipment finance industry, and the transportation segment is still feeling it most. While...
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Canada’s Pride Group files for bankruptcy
Canadian transportation and logistics firm Pride Group and its affiliates have filed for Chapter 15 bankruptcy in the United States...
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Trucking lenders eagerly await Fed interest rate cuts
The trucking industry is in dire need of an interest rate cut, a subject frequently discussed on the show floor...
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Volvo, Renault launch commercial vehicle joint venture
Equipment manufacturers Volvo Group and Renault Group have launched commercial vehicle joint venture Flexis SAS, in a bid to develop...
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Transportation industry banks on gen AI for autonomous solutions
As the equipment industry continues to develop autonomous solutions, the transportation industry sees gen AI as the key to on-road...
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Nvidia pushes next-gen AI in transportation sector
Technology developer Nvidia is providing new AI and software developments in the transportation sector for both consumer and commercial fleets...
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