Volvo says price rises help returns as truck demand softens
Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its ...
Tag: trucking
High inventory sinks used-truck values
Used-truck inventories continued to sit on dealer lots in June, highlighting the ongoing freight recession. Lenders remain reluctant to ...
Rising premiums further burden trucking industry
Rising insurance premiums were among increasing costs affecting the trucking industry in 2023, despite declining accident rates. Truck insurance premiums ...
Equipment loan delinquencies rise MoM in May
Equipment asset-backed securities 60-plus-days delinquencies rose sequentially in May across all publicly rated deals, amid mixed overall credit performance as ...
California zero emission heavy-duty tractor sales up 234% YoY
Zero-emission heavy-duty tractor sales in California increased in 2023 as manufacturers and dealers try to meet the state’s emission standards. ...
Used Class 8 retail sales down second consecutive month in April
Used Class 8 truck retail sales and prices were down for the second consecutive month in April, according to new ...
Transportation drives durable goods orders up 0.7% in April
New orders for manufactured durable goods rose slightly in April, with orders of transportation and technology equipment leading the rise ...
First Business Bank’s new equipment finance president targets stable growth
First Business Bank’s new equipment finance president aims to sustain and stabilize its performance in the equipment finance portfolio as ...
