North American Class 8 truck orders drop 13% in July
North American preliminary net orders for heavy- and medium-duty trucks declined 13% year over year in July amid seasonal slowdowns, ...
Tag: transportation
RB Global gross transaction values boosted by Yellow Corp. units
Commercial vehicle marketplace RB Global’s gross transaction values increased in its commercial construction and transportation sector in the second quarter ...
Commercial truck lenders optimistic for 2025 and beyond
The financial outlook on commercial trucking is starting to brighten with glimmers of hope amid a yearslong recession. While challenges ...
Traton Financial sees 3% jump in revenue
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit ...
Paccar Financial Services revenue up 16% YoY
Paccar Financial Services, the financial arm of truck manufacturer Paccar, is looking to expand operations after reporting year-over-year revenue growth ...
Truck rental prices climb as industry eyes recovery
Truck rental prices in June rose to their highest point of the year as the transportation sector works to bounce ...
June truck orders decline amid overcapacity, elevated rates
Orders for Class 5 to Class 8 trucks decreased in June as freight rates and overcapacity further exacerbated the overall ...
Used-truck inventories keep climbing in May
Used-truck inventories continue to rise in May as lenders remain cautious in financing them. Heavy-duty truck inventories hovered around April ...
