Other, Trucks Mitsubishi HC Capital Canada to finance electric Autocar trucks, chargers May 15, 2023 Those looking to finance electric Autocar trucks and related chargers now have financing options from Mitsubishi HC Capital Canada. The Power Up program is a bundled…
Human Resources Daimler Truck Financial Services relaunches in Canada December 13, 2021 Daimler Truck Financial Services (DTFS) relaunched in Canada Dec. 1, as part of a restructured Daimler Truck business that has been spun out from Daimler AG. The company says it…
Business Management How telematics and big data have revolutionized truck leasing August 5, 2021 Full-service leases are becoming increasingly customizable, as telematics and big data are allowing lessors to better predict operating and repair costs. Pulling data off the trucks and tapping into OEM…
Human Resources Shannon to head Volvo, Mack Financial Services’ North American operations June 22, 2020 GREENSBORO, N.C. – Patrick Shannon has been named president of Volvo Financial Services and Mack Financial Services, North American region. He will take over the role July 1, Volvo and…
Equipment Daimler Truck Financial offers financing incentives May 22, 2020 PORTLAND, Ore. – Daimler Truck Financial has introduced a new program for financing Freightliner and Western Star trucks. The Keep the World Moving program is aimed at customers who support…
Equipment Volvo, Mack offer new finance programs May 4, 2020 MISSISSAUGA, Ont. – Volvo and Mack are offering special finance deals to customers in the U.S. and Canada. Volvo Financial Services is offering the Spring into Action program in Canada,…
Equipment International defers payments, provides Covid-19 resource April 8, 2020 LISLE, Ill. – International Truck has come out with deferred payments for six months, as well as an online Covid-19 resource for customers. “Whether they are on the front lines…
Technology Volvo Financial Services invests in connected insurance start-up December 18, 2019 GREENSBORO, N.C. – Volvo Financial Services has invested in REIN, a start-up insurance company that provides connected insurance services to the commercial transportation industry. The investment was made through VFS…
Equipment Nikola names strategic investors September 5, 2019 PHOENIX, Ariz. – Nikola Corporation has revealed Bosch and Hanwha as strategic investors who have collectively invested more than US$230 million into the company. Both companies have invested at least…
Business Management Titanium earnings improve year-over-year November 16, 2016 CEO Ted Daniel doesn’t see overcapacity situation changing soon
Business Management Package and courier segment helps TransForce weather challenging environment October 25, 2016 MONTREAL, Que. – A sluggish Canadian economy, an oversupplied domestic LTL market and downward pressure on rates in the US hurt TransForce’s Q3 revenue. However, the package and courier (P&C)…
Business Management Titanium grows trucking margins but logistics segment weighs on earnings August 17, 2016 WOODBRIDGE, Ont. — Titanium Transportation Group saw mixed results in the second quarter, with logistics revenue declining while truck transportation earnings increased. Total revenue for the second quarter was $30…
Equipment Extended warranty available on medium-duty Kenworths financed by Paccar February 25, 2015 KIRKLAND, Wash. — Kenworth has announced the availability of an extended warranty program on Classes 5-7 trucks purchased in Canada and financed through Paccar Financial. The trucks now qualify for…
