Telematics, fleet management boost Ford Pro revenue
Ford Pro is boosting its software revenue, parts sales and margins through telematics and digital fleet management subscriptions as it ...
Tag: equipment finance
BMO said to weigh $1 billion sale of transportation finance arm
Bank of Montreal is exploring a sale of its transportation finance business, which could fetch about $1 billion, according to ...
NextGear Capital salvage, heavy-duty truck portfolios grow 51%
Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...
New, used truck prices rise 2% in July
Commercial truck prices rose in July as tariffs continued to drive up prices amid other pressures such as lower spot ...
8 more trucking companies go bankrupt, 2 shut down
Eight more trucking companies filed for bankruptcy in the past month while two others ceased operations, and tightened lending standards ...
Proterra acquires farmland investment platform AcreTrader
Alternative asset manager Proterra Investment Partners has acquired AcreTrader, a farmland investment platform that combines agriculture, finance and technology. The ...
AGCO approves Tractor Zoom Pro for NA dealer network
Tractor Zoom’s Tractor Zoom Pro platform is now an approved solution for AGCO’s North American dealer network, With the platform, ...
Uber Freight founder joins autonomous big rig startup Waabi
Lior Ron, the entrepreneur who founded and ran Uber Technologies Inc.’s freight and logistics unit, is returning to the world ...
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