North American Class 8 truck orders drop 45%
North American heavy-duty truck orders plummeted 45% in May, while medium-duty truck orders also fell as the traditionally weak period ...
Tag: trucking
Four more trucking companies file for bankruptcy
Four more transportation firms filed for bankruptcy in the past several days, with multiple equipment lenders claiming more than $100,000 ...
Bankruptcy rears head in commercial trucking
Multiple trucking companies filed for bankruptcy in the second quarter, signaling a potential surge in charge-offs and other signs of ...
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 ...
New truck data reflects industrywide downturn
Days’ supply of inventory for new, used and certified pre-owned trucks rose while new and used truck prices declined amid ...
Autonomous truck company Plus goes public
Plus, a software provider for autonomous trucks, is going public via merger with special purpose acquisition company Churchill Capital Corp. ...
Commercial trucks, trailers for sale fall 4% in May
The number of commercial trucks for sale dropped in April as prices for new and used vehicles rose. Equipment Finance ...
Used-truck values improve as freight rates limit market
Values for used heavy-duty trucks and semitrailers improved in April, but continued declines in freight rates limit any upside. Asking ...
