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Equipment Finance Leaders Report Improved Confidence

Confidence in the equipment finance market rose in August, according to the Equipment Leasing & Finance Foundation.

August 20, 2020

July Trailer Orders Keep Rising From COVID Bottom

U.S. trailer orders climbed again in July, reaching 19,300, the most this year, FTR reported.

August 18, 2020

Xos Trucks Secures $20 Million in New Funding Round

Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.

August 18, 2020

Jennifer Polli to Step Down as Trac Intermodal CEO

Trac Intermodal on Aug. 17 announced that President and CEO Jennifer Polli is leaving the company and will be succeeded by Daniel Walsh, formerly of XPO Logistics.

August 17, 2020

Black Horse Carriers Joins Penske’s Electric Vehicle Program

Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.

August 17, 2020

Navistar Locates NEXT eMobility Unit in Michigan

Navistar announced its NEXT eMobility business unit will be located in a new facility in Rochester Hills, Mich.

August 14, 2020

Jacobs to Supply Engine Brake to Hino in China

Jacobs Vehicle Systems announced it will supply its compression release engine brake in China to Hino Motors Co. for its new 10.5-liter U11C diesel engine.

August 14, 2020

Stoughton Marks Trailer Milestone With UPS

Stoughton Trailers announced it has built its 50,000th dry van trailer for UPS Inc.

August 14, 2020

Portion of Anheuser-Busch Fleet to Use Renewable Natural Gas

Anheuser-Busch is transitioning more than 180 Class 8 trucks, representing 30% of its dedicated fleet, to renewable natural gas.

August 14, 2020