Encina Equipment Finance has provided a $20 million equipment lease line to a food manufacturing company. read more
APR 30, 2020 - 6:40 am
Ritchie Bros.' five-day Edmonton, AB auction will have no in-person bidding due to COVID-19 related crowd size restrictions. read more
APR 30, 2020 - 6:35 am
The North American commercial vehicle market addressed the pandemic with shutdown announcements, but also prepared readers for the restarting phase to come. read more
APR 29, 2020 - 6:35 am
Used Class 8 same dealer sales volumes dropped 1% month-over-month in March, with longer-term sales rising 5% year-over-year, according to ACT Research. read more
APR 28, 2020 - 6:30 am
Reuters reported that Boeing scrapped its plan to purchase Embraer’s commercial jets division for $42. billion. read more
APR 27, 2020 - 7:00 am
Kroll Bond Rating Agency research indicated that aircraft values and lease rate declines will be contingent on the speed of economic recovery and the path that surviving airlines take in deciding the composition of their fleets post-coronavirus. read more
APR 27, 2020 - 6:40 am
The pervasive negative impact of the COVID-19 pandemic has forced a major downward shift on ACT Research’s views of the heavy-duty market for 2020. read more
APR 27, 2020 - 6:35 am
Ritchie Bros. sold more than 4,400 equipment items and trucks, totaling over $43 million, in an online auction based in Houston, TX. read more
APR 24, 2020 - 6:40 am
Class 8 Natural Gas truck retail sales for the first two months of 2020 gained 29% year-to-date over 2019, according to ACT’s Alternative Fuels Quarterly. read more
APR 23, 2020 - 6:30 am
ACT’s For-Hire Trucking Index showed further contraction for both volumes and freight rates, now at 42.4 and 43.2 respective diffusion index readings. Productivity, while neutral at 50.0, likely was supported by the temporary pantry-stocking phenomenon. read more
APR 22, 2020 - 6:50 am
Truck transportation showed relatively strong performance on restocking activity into the end of March, making ACT Research’s data largely transitional. read more
APR 21, 2020 - 6:30 am
LTi Technology Solutions partnered with Class 8 Funding to implement the ASPIRE platform into its business. read more
APR 20, 2020 - 6:50 am
March net U.S. trailer orders of 7,600 units were down 43% month-over-month and 51% below the previous year, according to ACT Research. read more
APR 20, 2020 - 6:35 am
Analysts from J.D. Power Valuation Services reported that Class 8 pricing pulled back in the second half of March, but volume was solid. Medium duty trucks were lower across the board in volume and pricing. read more
APR 20, 2020 - 6:25 am
Maxim Commercial Capital funded hard asset-secured financings for 250 small and mid-sized businesses during the first quarter of 2020. read more
APR 16, 2020 - 5:35 am