Billionaire-led QXO hires Barclays banker Ihsan Essaid as first finance chief
QXO Inc., the new company of trucking billionaire Brad Jacobs, hired a Wall Street banker to run its finances as ...
Tag: trucking
Transportation order volumes mixed on high trailer demand, low Class 8 orders
Net order volumes of new trailers and Class 5 to Class 8 trucks were mixed in April as the transportation ...
Used-truck inventory rises in April
Used-truck inventories continue to rise and showed no sign of hitting the brakes in April. Recent bankruptcies at trucking ...
PACCAR Financial Services revenue up more than 18%
PACCAR Financial Services, the financing arm of Bellevue, Wash.-based truck maker PACCAR, saw record first-quarter revenues of $509.3 million amid ...
Transportation equipment leads durable, core capital goods orders growth
New orders for durable goods and core capital goods increased again in March as companies continued to navigate rising interest ...
Electrification hesitation as haulers evaluate hydrogen
Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery ...
Trucking inventory glut continues in March
Inventory levels in all segments of the trucking market were up year over year in March, putting pressure on dealers. ...
Orders for Class 8 trucks drop 8.7% in March
Orders Class 8 trucks in North America March decreased 8.7% year over year, according to data from industry analytics firm ...
