Trucking firm Werner acquires FirstFleet for $245 million
Werner Enterprises has acquired privately held dedicated trucking provider FirstFleet for approximately $245 million in cash. The move expands its presence ...
Tag: equipment finance
Fed holds rates steady, nods to stabilization in jobless rate
Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as they signaled a more ...
Deere to move excavator production from Japan to North Carolina
Deere & Co. is shifting the construction of excavators from Japan to a new $70 million facility in North Carolina ...
Self-driving tech startup Waabi raises $1 billion, expands to robotaxis
Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, ...
Equipment finance originations tick up 6% YoY
The equipment finance industry ended 2025 on a high note as originations spiked while credit approvals remained elevated. New business ...
Core capital goods orders rise 5.5% YoY in November
Orders for core capital goods increased in November as favorable fiscal and monetary policies improved capital spending. In November, core capital goods orders, which ...
PACCAR Financial, Parts rise despite softer truck demand
PACCAR reported solid financial results in 2025, with record performance from its parts and financial services divisions helping offset a ...
Autonomous trucking firm Gatik inks contracts worth $600 million
Autonomous trucking startup Gatik AI Inc. signed a deal with a major consumer-goods company that will double its contracted revenue ...
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