Utica Equipment Finance completed a $3,000,000 capital lease secured by various cars to a major mobility industry operating company. The company has built strategic partnerships with Uber, Lyft, DiDi, Turo, and other leading mobility software...
Read Story
September 06, 2023, 07:10 AM
|
Utica Equipment Finance announced the completion of a transaction totaling $2,600,000.
$2,600,000 Capital Lease secured by multi-passenger and delivery vans. The company operates out of seven major US cities and engages in corporate and government...
Read Story
August 22, 2023, 07:13 AM
|
A report released by the Canadian Finance and Leasing Association (CFLA) reveals that vehicle theft has reached a critical point in Canada, costing the country a billion dollars annually. With a 300 percent surge since 2015 in the City of Toronto...
Read Story
June 16, 2023, 07:18 AM
|
Ryder System, Inc. announced its plan to introduce 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its lease and rental fleet through 2025, with the first 200 to be ordered this year. The announcement underscores the company’s ongoing efforts...
Read Story
April 04, 2023, 07:12 AM
|
Burger King transitioned 31 percent of its North American field team fleet to electric vehicles (EVs) across 16 states, with the goal of 100 percent EVs by 2030. This move is the next step in delivering on Restaurant Brands International’s (parent...
Read Story
March 28, 2023, 07:20 AM
|
According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, current commercial vehicle (CV) market conditions continue to prove resilient in the face of aggressive interest rate hikes. October Class 8 net orders were robust, all...
Read Story
November 21, 2022, 07:05 AM
|
The fast-growing electric commercial vehicle (ECV) market, with a global forecast of 31.4 percent compound annual growth through 2030, poses a myriad of challenges and opportunities for commercial truck OEMs, dealers, upfitters and customers. To...
Read Story
November 17, 2022, 07:20 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, 2022 forecasts this month are slightly raised from October thanks to easing supply-chain constraints. Current economic activity aside, as long as inflation...
Read Story
November 14, 2022, 07:06 AM
|
AlixPartners, a global consulting firm, released an analysis of the fleet industry (commercial and governmental) in the United States finding that operators could be wasting a lot of the whopping $75 billion that AlixPartners forecasts needs to be...
Read Story
November 11, 2022, 07:20 AM
|
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported slightly lowered forecasts due to the Fed’s continued action toward inflation, disproportionally impacting the freight economy.According to Kenny Vieth, ACT’s President and...
Read Story
November 01, 2022, 07:02 AM
|
ACT Research announced the release of DRIVING AUTOMATION, a report and total-cost-of-ownership (TCO) model covering commercial autonomous vehicles in North America. ACT Research, the gold standard in market data, forecasting, and TCO development for...
Read Story
October 11, 2022, 07:00 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, ACT shifted forecasts last month to incorporate an inbound recession, and this month’s forecast changes were mostly characterized by smaller adjustments...
Read Story
August 12, 2022, 06:59 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, while ACT Research still believes a soft landing is the U.S. economy’s most likely path, the potential for a mild recession is becoming an increasingly...
Read Story
June 14, 2022, 07:00 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, while ACT Research still likes the footing of the U.S. economy, with consumers sitting on considerable savings, debt-service historically low, and the job...
Read Story
May 11, 2022, 07:00 AM
|
Preliminary NA Class 8 net orders in April were 15,800 units, while NA Classes 5-7 net orders slid to 19,500 units. Complete industry data for April, including final order numbers, will be published by ACT Research in mid-May. “With backlog ahead of...
Read Story
May 04, 2022, 07:03 AM
|
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that in early April, following the publication of a “the sky is falling” op-ed in a transportation industry trade publication, ACT’s staff received questions relating to...
Read Story
April 29, 2022, 07:00 AM
|
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, while the economic set-up remains favorable, considerable friction and uncertainty have been added, with many more loose ends in the economic story than there were...
Read Story
March 21, 2022, 07:00 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, supply-chain constraints kept a lid on the industry’s ability to raise build rates through 2021, and just as the supply of chips was starting to improve, the...
Read Story
March 11, 2022, 07:00 AM
|
According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, partnerships and investments to support new powertrains for and lower carbon emissions from commercial vehicle...
Read Story
March 10, 2022, 07:00 AM
|
Preliminary NA Class 8 net orders in February were 21,000 units, while NA Classes 5-7 net orders rose to 18,300 units, according to ACT Research. “Constrained production capabilities and long backlogs continue to impede new order activity. Based on...
Read Story
March 04, 2022, 07:00 AM
|
Element Fleet Management Corp. announced the launch of Arc by Element — an end-to-end electric vehicle (EV) fleet offering designed to help clients navigate and simplify the complex transition from internal combustion engine (ICE) vehicles to EVs.As...
Read Story
February 25, 2022, 07:08 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, supply-chain constraints kept a lid on the industry’s ability to raise build rates through 2021, at least until December when a torrent of...
Read Story
February 14, 2022, 07:05 AM
|
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that as supply-chain constraints continue to dominate the conversation, broad-based economic and freight market strength is often overlooked.Kenny Vieth, ACT’s President...
Read Story
January 31, 2022, 07:03 AM
|
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that despite rock-solid demand across the spectrum of forward-looking medium and heavy-duty vehicle market indicators, industry capacity remains range-bound across a broad...
Read Story
January 05, 2022, 07:05 AM
|
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the setup for the entire commercial vehicle industry remains unchanged from its recent trends, strong demand and constrained supply, but major automotive...
Read Story
November 12, 2021, 07:03 AM
|
Price Digests announced its industry-leading vehicle database is now available through new online software. The new platform provides insurance and valuation professionals with a single source for rich spec data and accurate market values across...
Read Story
July 26, 2018, 07:21 AM
|
In the July 2018 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services predict that in coming months, fleets will take delivery of additional new trucks, and trade activity will increase, forcing market dynamics to...
Read Story
July 26, 2018, 07:00 AM
|
Gateway One Lending & Finance, LLC (Gateway One), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (TCF), and RouteOne announced a partnership to bring RouteOne’s indirect auto financing platform and...
Read Story
January 03, 2017, 07:05 AM
|
Ryder System, Inc. announced that it is making it easier than ever for customers to finance quality pre-owned vehicles. The Company recently extended its U.S. preferred lender agreement with CIT Group Inc. to now include Ryder customers in...
Read Story
May 05, 2015, 07:10 AM
|