Class 8 net orders at their lowest level since September 1995 and medium-duty orders at their worst in a decade, according to ACT Research’s latest State of the Industry: NA Classes 5-8 Report. read more

MAY 21, 2020 - 6:45 am

UMB Capital Finance closed and funded a $2 million revolving account receivable credit facility for a transportation company specializing in flat bed equipment hauls. read more

MAY 21, 2020 - 6:25 am

Analysts from J.D. Power Valuation Services reported that in the first full month of sales under the economic shutdown, Class 8 auction volume was relatively healthy, while pricing pulled back. read more

MAY 20, 2020 - 6:45 am

Preliminary April net U.S. trailer orders were 250 units, an all-time monthly low for the industry, according to ACT Research. read more

MAY 20, 2020 - 6:40 am

March 2020 U.S. cutting tool consumption totaled $189.8 million, up 0.9% from February and down 9.8% when compared with March 2019. read more

MAY 20, 2020 - 6:30 am

Xtraction Services retained Hybrid Financial to heighten market and brand awareness and broaden the company's reach within the investment community. read more

MAY 20, 2020 - 6:25 am

Ritchie Bros. sold more than 10,700 equipment items for over $131 million in its first-ever online-only auction in Edmonton, AB. read more

MAY 19, 2020 - 6:35 am

The U.S. trailer industry has shifted from the production/capacity challenges of the last three years to a massive retrenchment in production levels, according to ACT Research’s Trailer Components Report. read more

MAY 18, 2020 - 6:45 am

A new report from Hilco Global combines trends and market intelligence to provide insight on the recovery path for transportation industry fleet assets in the second half of this year. read more

MAY 15, 2020 - 6:45 am

ACT’s May Freight Forecast reported container imports falling 20% from January to March, with similar year-over-year declines likely into the summer. read more

MAY 15, 2020 - 6:40 am

The ASA’s 9th Annual Equipment Valuation Virtual Conference will spotlight COVID-19 impact and provide key insights and strategies for post-pandemic success. read more

MAY 15, 2020 - 6:30 am

Worldwide IT spending is projected to total $3.4 trillion in 2020, a decline of 8% from 2019, according to the latest forecast by Gartner. read more

MAY 14, 2020 - 6:45 am

April preliminary used class 8 volumes fell 8% month over month and 5% year over year but remained 10% above the first four months of last year. read more

MAY 14, 2020 - 6:35 am

Kroll Bond Rating Agency reviewed its outstanding ratings on $2.9 billion of U.S. Solar Loan ABS securities to determine those most at risk to the COVID-19 economic disruption. read more

MAY 14, 2020 - 6:30 am

Xtraction Services entered into a lease agreement with PharmaCann, a privately held and vertically-integrated cannabis company based in Chicago. read more

MAY 13, 2020 - 6:45 am