According to the Wells Fargo Equipment Finance Trucking Quarterly Q2 2012 report, truck orders have been weak so far this year reflecting the sluggish environment. Citing rising fuel costs, higher truck prices, election and policy uncertainty and the...
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June 08, 2012, 07:45 AM
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Caterpillar Inc. reported first-quarter 2012 sales and revenues of $15.981 billion, up 23% from $12.949 billion in the first quarter of 2011. Profit was a record $1.586 billion in the quarter, an increase of 29% from $1.225 billion in the first...
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April 25, 2012, 07:30 AM
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Bloomberg reported that North American truck makers are poised for a third year of sales gains as the economic recovery forces fleet owners to replace aging vehicles. According to the report, shipments of Class 8 trucks may rise 12% in 2012 to more...
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March 30, 2012, 06:30 AM
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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...
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March 15, 2012, 08:00 AM
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North America medium and heavy duty GVW Classes 5-7 and Class 8 commercial vehicle preliminary net orders for February were down from January as reported by ACT Research Co., LLC (ACT). The final numbers, which will be released mid-March, will...
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March 05, 2012, 06:15 AM
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With the equipment financing industry forecasted to grow 9% through 2012, now may be the time for companies to consider replacing outdated equipment. This topic is one of many discussed in CIT’s "2012 U.S. Equipment Financing Outlook,"...
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February 28, 2012, 08:00 AM
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