Traton Financial sees 3% jump in revenue
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit ...
Tag: trucking
Equipment investment poised for continued growth
The heavy-equipment investment market is expected to grow in the second half of 2024 as inflationary pressures ease, with trucking ...
Paccar Financial Services revenue up 16% YoY
Paccar Financial Services, the financial arm of truck manufacturer Paccar, is looking to expand operations after reporting year-over-year revenue growth ...
Truck rental prices climb as industry eyes recovery
Truck rental prices in June rose to their highest point of the year as the transportation sector works to bounce ...
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 ...
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 ...
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