Used Class 8 truck prices rise 16% YoY
Used Class 8 truck prices and same-store dealer sales rose in June as the market continued to see low freight ...
Tag: equipment finance
Daimler Truck North America laying off 2,000 workers as sales drop
Daimler Truck North America is laying off roughly 2,000 workers amid declining truck orders and an overall strategic shift. The ...
Caterpillar donates $250K for Central Texas flood relief
The Caterpillar Foundation is donating $250,000 to support recovery and rebuilding efforts in Central Texas in response to the July ...
DLL, EIB, Rabobank launch $1.2B climate financing program
The European Investment Bank, global equipment lender DLL and its parent company Rabobank have partnered to provide 1 billion euros ...
Northteq launches credit application platform AuroraApply
Northteq has launched AuroraApply, an intelligent credit application platform. AuroraApply is designed to personalize the loan application experience for equipment ...
Bankruptcy spike spotlights creditors’ rights
A spike in commercial bankruptcies is highlighting the importance of creditors’ rights as equipment lenders work to recover assets and ...
Used-truck values dip in June amid rising inventory
Used heavy-duty and medium-duty truck values fell again in June as inventories remained elevated amid tariff concerns and freight rate ...
ORIX invests in autonomous trucking firm RoboTruck
Financial services and asset management firm Orix has invested an undisclosed amount in autonomous trucking startup RoboTruck. The Japan-based companies have formed ...
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