States sue Trump for halting electric car charger program
California and 16 other states sued the Trump administration for suspending a $5 billion federal funding program for electric car ...
Tag: transportation
Ares Management acquires Epika Fleet Services
Equipment industry mergers and acquisitions activity increased several transportation companies made transactions in April. Ares acquires majority stake in Epika ...
Core capital goods improve amid growing equipment investment
Core capital goods new orders, shipments, total inventory and unfilled orders inched up in March, as equipment investment increased during ...
Truist Securities hires 3 new managing directors
Atlanta-based Truist Securities, the corporate and investment banking arm of Truist Financial, has hired three managing directors to strengthen its ...
Ryder System rental revenue slides 5% in Q1
Fleet management and rental company Ryder System reported decreased year-over-year rental revenue and used-vehicle sales in the first quarter amid ...
ECapital strengthens lending capacity with expanded factoring facility
ECapital has increased its core factoring facility from $725 million to $917 million, reinforcing its financial strength and lending capabilities ...
New truck sales sink as financing climate tightens
New truck sales at dealerships are plummeting as the financing climate tightens, but favorable used-truck deals are providing some relief. ...
GM, Ford shares downgraded as banks warn of tariff impact
Major US automakers saw their shares downgraded on Thursday as banks warned of higher costs and lower demand brought on ...
