Truck fleets stick to replacement cycles despite diesel price volatility
Rising diesel prices and economic uncertainty are causing some trucking fleets to delay equipment purchases, but operators that abandon disciplined...
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Transportation
TEN taps former Amazon Freight executive as COO
Transportation Equipment Network has named former Amazon Freight General Manager Ari Silkey as chief operating officer, adding a transportation technology...
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Lightship launches commercial mobile battery platform
Electric trailer manufacturer Lightship has launched a mobile electric power platform aimed at construction, utility and off-grid markets, expanding the...
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MHCCA boosts truck sales returns by 15% despite asset bubble
HOUSTON — Equipment financier Mitsubishi HC Capital America’s heightened focus on asset management is driving higher returns on truck sales despite the freight downturn. ...
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Daimler-backed Torc appoints Wessels CFO
Torc Robotics, an autonomous trucking technology provider and independent subsidiary of Daimler Truck, has named Tobias Wessels chief financial officer effective...
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TRATON raises $997M in green financing for commercial EVs
TRATON Group secured 850 million euros ($997 million) in green financing through its first green bond and green loan to...
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Workhorse CEO Scott Griffith on financing strategy, EV truck outlook
Commercial EV manufacturer Workhorse is sharpening its financing model as it looks to address residual value uncertainty and affordability concerns. The EV truck...
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RB Global inventory sales revenue jumps 32%
Commercial vehicle marketplace RB Global reported increased revenue in the first quarter, driven by its construction and transportation segment. The company's commercial...
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