Maxim Commercial Capital expanded its target market during Q3/22 by launching an enhanced risk-based scoring system for its Truck Financing Program. read more

OCT 14, 2022 - 7:09 am

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts this month are slightly lower than September due to stubborn inflation and the Fed’s continued firm action toward bringing it down to its 2% target. read more

OCT 13, 2022 - 6:56 am

ACT Research released DRIVING AUTOMATION, a report and total-cost-of-ownership model covering commercial autonomous vehicles in North America. read more

OCT 11, 2022 - 7:47 am

Volvo Financial Services launched Volvo Rental, a new service providing options for shorter-term leases for Volvo trucks, buses and construction equipment in Brazil. read more

OCT 5, 2022 - 7:15 am

According to ACT Research’s State of the Industry: Classes 5-8 Vehicles report set to be released in mid-October, preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. read more

OCT 5, 2022 - 7:12 am

BNSF Railway will invest more than $1.5 billion to construct a state-of-the-art master-planned rail facility in Southern California with the first being developed by a Class 1 railroad. read more

OCT 3, 2022 - 7:47 am

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes were up 29% month-to-month. read more

OCT 3, 2022 - 7:40 am

In September, ACT Research reported essentially unchanged forecasts from last month, as demand remains healthy, production remains constrained and freight rates and volumes managed to squeak out small improvements compared to August. read more

SEP 30, 2022 - 6:43 am

Sonepar selected Penske Truck Leasing to provide its new light-duty electric fleet. Penske Truck Leasing will deliver nine Ford E-Transit all-electric cargo vans to support the initiative. read more

SEP 29, 2022 - 7:40 am

DAT Freight & Analytics, operator of DAT One network for spot truckload freight and the DAT iQ analytics service, and ACT Research entered into an agreement that will enhance the service offerings of both organizations. read more

SEP 29, 2022 - 7:35 am

According to the recent issue of ACT Research’s State of the Industry: U.S. Trailers report, August net U.S. trailer orders of 17,777 units were 4.6% higher compared to the previous month and more than 37.7% above the year-ago August level. read more

SEP 28, 2022 - 7:33 am

At a recent auction in Fort Worth, TX, Ritchie Bros. sold close to 5,000 equipment items and trucks over three days for more than $71 million in gross transaction value, up 25% from the same auction last year. read more

SEP 27, 2022 - 7:39 am

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard improved in July to a neutral -2 reading, closing out four straight months of downbeat readings.  read more

SEP 26, 2022 - 7:46 am

Ritchie Bros.’ September Market Trends Report detailed sales of oil & gas support equipment over the past 20 months, including detailed charts breaking down volume, median asset age and pricing for boom, vacuum and bed trucks. read more

SEP 23, 2022 - 7:45 am

According to ACT Research’s For-Hire Trucking Index, August volume was flat and productivity was down, with the supply-demand balance and capacity rising marginally. read more

SEP 23, 2022 - 7:34 am