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News Stories (26 Results) - Commerical Vehicles

Merchants Fleet announced a major expansion of its lending capacity, more than doubling its ability to fund vehicles and equipment for its traditional fleet and mobility clients throughout the country. The new lending capacity aligns Merchants with... Read Story
February 10, 2023, 07:23 AM

Marlin Capital Solutions and Columbia Vehicle Group, Inc., a global provider of high-quality electric powered, commercial utility and industrial work vehicles, have created a partnership to offer financing options to Columbia’s customers. Marlin’s... Read Story
July 12, 2019, 07:25 AM

North American Class 8 orders rose to their second-best ever level in January, reaching 49,100-plus units, and tipping the scales with a y/y growth of 121%, according to ACT Research (ACT). Since October 2017, NA Class 8 net orders have been booked... Read Story
February 21, 2018, 07:15 AM

Marlin Business Services Corp. announced it has entered an agreement with Rush Enterprises to support its dealership network with financing options for their customers to purchase new and used commercial trucks. Marlin dedicated field representatives... Read Story
July 13, 2016, 07:25 AM

Demand for commercial vehicles was healthy in December as 65,700 total NA Classes 5-8 orders were booked, up 41% from a year ago. Over the past twelve months, NA Classes 5-8 net orders have totaled 602,300 units – an average of more than 50,000... Read Story
January 08, 2015, 07:03 AM

External data indicated continued support for strength in heavy commercial vehicle demand, and Class 8 orders did not disappoint in November, at 40,925 units – the fifth best order month since ACT Research started collecting industry data in the... Read Story
December 24, 2014, 06:55 AM

With the natural gas powered vehicle market seemingly stalled as diesel fuel prices continue to drop, ACT Research has released the results of its updated research on U.S. Natural Gas transportation fuel trends in the heavy duty truck market. The... Read Story
November 12, 2014, 07:06 AM

September saw a continuation of a strong order season for the trailer industry, with 32,194 net orders placed, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).“The pace of orders continues to... Read Story
October 27, 2014, 07:12 AM

Advantage Funding has added two regional sales managers to its growing Vocational Truck Division.    Fred Clauhs will head the firm’s Mid-Atlantic Region, working directly with customers and vendors to build relationships and structure transactions... Read Story
October 15, 2014, 07:00 AM

June net orders of 22,000 were off 1% month over month, but up 42% year over year. Year-to-date net orders of 156k are up 45% over the same period last year. This information was included in the most recent State of the Industry: U.S. Trailers... Read Story
July 24, 2014, 06:15 AM

Net orders for trailers in January increased a robust 28% year over year. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).“Seven of the ten trailer categories had y/y growth in... Read Story
February 27, 2014, 06:10 AM

According to the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT), despite declining from January levels, February commercial trailer orders were strong enough to maintain industry backlogs. Caution, but not... Read Story
March 27, 2013, 07:00 AM

According to an article posted in Truck News, the North American truck market will remain flat this year, with better prospects for growth in the coming years, according to truck manufacturer and supplier executives at this year’s Mid-America... Read Story
March 25, 2013, 07:00 AM

Navistar International Corporation announced third quarter 2012 net income of $84 million compared to third quarter 2011 net income of $1.4 billion. Current quarter results included an income tax benefit of $196 million that primarily resulted from a... Read Story
September 06, 2012, 07:27 AM

Eastern Funding LLC, one of the country's leading business finance companies in the coin laundry, specialty vehicle, and equipment financing industries, has promoted two key executives to Vice President. JP Nicoletta, who will serve as Eastern... Read Story
August 09, 2012, 06:28 AM

June used truck sales grew 8% over May, but lagged June 2011 and the first six months of 2011, while pricing appears to be slowing a little more rapidly than was previously expected. The update on the used market was reported in the latest release of... Read Story
August 01, 2012, 06:12 AM

PACCAR reported increased revenues and net income for the second quarter of 2012,” said Mark Pigott, chairman and chief executive officer. “PACCAR’s second quarter results reflect the benefits of higher truck sales in North and South America and good... Read Story
July 25, 2012, 07:20 AM

Bloomberg reported that Volvo AB, the world’s second-largest truck maker, said second-quarter vehicle orders dropped 19% because of a weakening economic outlook in North America and southern Europe.  According to the report, sales contracts fell to... Read Story
July 24, 2012, 06:30 AM

After a significant dip during the Great Recession, and a mild economic recovery, the U.S. freight economy, particularly for trucking, is projected to grow significantly in the years ahead, according to American Trucking Associations’ U.S. Freight... Read Story
July 10, 2012, 06:40 AM

Trailer industry orders softened in May. Given that orders in May have fallen below April volumes in ten of the past 12 years, the decline was anticipated. That they fell as far as they did – down 23% month over month on a seasonally adjusted basis –... Read Story
June 26, 2012, 03:00 PM

Clean Diesel Technologies, Inc. ("Clean Diesel"), a cleantech emissions control company, has partnered with American Infrastructure Leasing ("AIL"), a leading provider of leases for aftermarket trucking equipment in North America, to offer leasing... Read Story
June 21, 2012, 07:15 AM

North America medium and heavy duty GVW Classes 5 and 6-7 commercial vehicle preliminary net orders for May were down from April as reported by ACT Research Co., LLC (ACT). Class 8 numbers, while still soft, were up from actual numbers in April. The... Read Story
June 05, 2012, 07:00 AM

Softer orders and a continuation of strong build caused the Class 8 backlog to fall nearly 8,000 units to 106,407 units in April. This updated status was included in the State of the Industry report, recently released by ACT Research Co. (ACT). The... Read Story
May 22, 2012, 07:00 AM

North America medium and heavy duty GVW Classes 6-7 and Class 8 commercial vehicle preliminary net orders for April were down from March as reported by ACT Research Co., LLC (ACT). The final numbers, which will be released mid-May, will approach... Read Story
May 04, 2012, 06:30 AM

February commercial vehicle net orders fell modestly below most people’s expectations. However, the results did not change ACT Research’s expectation for a very strong year of Class 8 demand. This updated status of the North America commercial... Read Story
March 20, 2012, 07:30 AM

A Polk analysis of new and used commercial vehicle registrations (GVW 3-8) in the U.S. finds 1.25 million units were registered during the 2011 calendar year.  Used commercial vehicle registrations reached a record level for a calendar year of... Read Story
March 15, 2012, 08:00 AM