TFS, WEX launch equipment finance program
TFS Financial has launched an equipment financing program for customers of payments solutions provider WEX, giving trucking and transportation firms ...
Tag: trucking
Wabash expands Canadian dealer network
Commercial truck OEM Wabash has added Milton, Ontario-based Transport Trailer Sales to its dealer network. The deal expands access to Wabash's ...
Einride makes Nasdaq debut
Autonomous trucking and EV freight company Einride is now public and financing is poised to play a major role in its continued growth. Stockholm-based Einride began trading on Nasdaq June ...
Truck fleets stick to replacement cycles despite diesel price volatility
Rising diesel prices and economic uncertainty are causing some trucking fleets to delay equipment purchases, but operators that abandon disciplined ...
Daimler-backed Torc appoints Wessels CFO
Torc Robotics, an autonomous trucking technology provider and independent subsidiary of Daimler Truck, has named Tobias Wessels chief financial officer effective ...
BMO to sell truck, trailer financing businesses to Stonepeak
Bank of Montreal agreed to sell its business that finances trucks, trailers and equipment to Stonepeak, offloading a portfolio that ...
Workhorse CEO Scott Griffith on financing strategy, EV truck outlook
Commercial EV manufacturer Workhorse is sharpening its financing model as it looks to address residual value uncertainty and affordability concerns. The EV truck ...
Penske F&I revenue falls 22.2%
Truck dealers Rush Enterprises and Penske Automotive Group continued to see sluggish sales in the first quarter amid persisting market challenges. Commercial truck sales in ...
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