Financing models, federal rules take shape for autonomous trucks
The autonomous truck market continues to heat up as financing models and a federal framework come into focus. The global ...
Tag: transportation
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 ...
Vanguard completes integration of Nacarato Truck Centers
Vanguard Truck Centers has completed the final phase of its brand integration with Nacarato Truck Centers, marking the full transition ...
Rush, Penske F&I revenues slide in Q2
Truck dealers Penske Automotive Group and Rush Enterprises reported mixed results in the second quarter, while Custom Truck One Source’s ...
Wabash lease income up 79.3% despite weaker demand
Commercial trailer and truck body manufacturer Wabash saw lease income spike in the second quarter despite declining net sales and ...
Iveco to break up with sale of company to Tata, Leonardo
Iveco Group NV agreed to break itself up, selling its defense unit to Leonardo SpA and the rest of the ...
Used medium-duty truck inventory soars 26%
Economic challenges dealt a blow to the used-truck market last month, with the medium-duty sector bearing the brunt. Used inventory ...
Lenders turn to leasing amid rising new truck prices
Equipment lenders are offering various leasing models while carefully setting residual values as rising new truck prices and operating costs ...
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