26 freight companies filed for bankruptcy in Q2
Although dozens of freight carriers filed for bankruptcy in the second quarter as transportation lending remained tight, carrier exits bode well ...
Tag: trucking
Self-driving firm PlusAI to go public via Yorkville SPAC merger
Plus Automation Inc., an artificial-intelligence company developing self-driving technology for trucks, is set to go public through a business combination ...
Accion Opportunity Fund expands equipment financing with $350K leases
Accion Opportunity Fund has expanded its equipment financing strategy beyond long-haul trucks, offering leases of as much as $350,000 and ...
Saudi AI firm Humain, Applied Intuition partner on self-driving trucks
Saudi Arabia’s Humain is partnering with Applied Intuition Inc. to deploy self-driving trucks by 2030, as the kingdom’s leading artificial ...
Einride adds 500 Tesla semi trucks to commercial fleet
Einride, an end-to-end provider of autonomous and EV freight solutions, added 500 Tesla semi trucks to its fleet after achieving ...
Einride, DAF partner on autonomous electric trucks
Einride and DAF Trucks are partnering to integrate Einride’s autonomous driving technology into DAF electric trucks, advancing efforts to commercialize ...
Daimler Truck Financial Services originations rise 4.2%
Daimler Truck reported origination growth for its financial services segment in the second quarter as unit sales and incoming orders ...
Dealers offloading trucks in spite of tight lending climate
Truck dealers are steadily offloading inventory despite lending standards that remain tight. One hundred percent of surveyed truck dealers reported improving or ...
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