Rising insurance costs strain truck financing sector
Escalating insurance costs are exacerbating high interest rates and rising new truck prices, contributing to tight lending standards and creating ...
Tag: trucking
Kenworth, Peterbilt maker cuts jobs in Quebec amid weak market
Truck maker PACCAR Inc., parent company of the Kenworth and Peterbilt nameplates, will lay off 175 employees in its Sainte-Therese, ...
Daimler to begin assembling Mercedes trucks in Senegal this year
Daimler Truck Holding AG plans to establish an assembly plant in Senegal, with production of Mercedes-Benz trucks scheduled to begin ...
Big, Beautiful Bill a ‘major victory’ for equipment finance
The U.S. House of Representatives today passed President Donald Trump’s One Big Beautiful Bill Act in a 218-214 vote, and ...
Podcast: Flexible relationships key to navigating market, says Mitsubishi HC Capital America’s Mann
Flexible financing partnerships between dealers, lenders and OEMs; customized financing solutions; investing in scalable integrated technologies; and customer education are ...
Tightened credit, tariffs spark high-mileage used-truck demand
Fleet operators are capitalizing on favorable deals for high-mileage trucks as tightened credit, economic uncertainty and rising new truck prices ...
Mack Trucks unveils truck for regional hauling
Mack Trucks has introduced its Mack Anthem, a fully redesigned truck built specifically for regional-haul operations, with up to 10% ...
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 ...
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