Finance

Truck dealers

"On behalf of the trucking industry, we thank Sen. Young and Sen. Cardin for their legislation to repeal the FET, which will result in cleaner safer trucks on the road," says Steve Bassett, ATD chairman and dealer principal.

July 23, 2021

Growth strategies

TruckSuite becomes founding affiliate for new Repair ACES

TruckSuite and Repair ACES (The Association for Commercial Equipment Solutions) announced their partnership and that TruckSuite is a founding ACES affiliate.

July 12, 2021

ATD's annual report on dealer channel shows depth of COVID-19 sales losses

ATD reports in Data that the average commercial truck dealership recorded approximately $35.7 million in total sales in 2020, down more than 27 percent from 2019.

June 22, 2021

ATD Chair 'now is the time to get serious' about repealing FET

Replacing FET with other funding measures won't be easy, but legislators are starting to understand that FET's inconsistent funding nature isn't a reliable tool either, nor is it helping to modernize the nation's trucking fleet.

June 21, 2021

TopMark Funding has record-setting month as trucking industry booms

TopMark Funding is on a hot streak. After recording the strongest month in company history in March, TopMark immediately surpassed that total in April, adding to the company's record-setting first quarter momentum.

May 20, 2021

Topmark Funding Building

Mack Financial Services introduces special financing rates

Mack Trucks announced Wednesday its all-new Mack MD Series models now have special financing options available from Mack Financial Services (MFS) for customers in the U.S. and Canada.

May 19, 2021

TLG Peterbilt updates branding for financial services

The Larson Group (TLG) Peterbilt recently announced a brand and name update for its finance company. Capital Lending will now be known as TLG Financial.

April 27, 2021

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Growth strategies

TuSimple announces pricing of IPO

TuSimple Holdings Inc. announced the pricing of its initial public offering of 33,783,783 shares of its Class A common stock.

April 15, 2021

Shutterstock People At Table Laptop

Corcentric adds electronic documentation to streamline equipment leasing finance program

Corcentric announced it has chosen Wolters Kluwer’s eOriginal solution to help offer compliant, end-to-end electronic equipment lease finance transactions.

April 14, 2021

Shutterstock Man Laptop

Business operations

Karmak partners with accounts receivable management firm

Karmak has partnered with Billtrust, a business-to-business accounts receivable (AR) automation and integrated payments leader, to expand its business management system’s capabilities.

April 1, 2021

Man Looking At Computer Data

President Biden signs COVID-19 relief bill into law; CVSN webinar explains relief tax credits

Much of the $1.9 trillion will go to low-income and middle-class Americans and state and local governments, with very little funding going toward companies.

March 12, 2021

Are soft credit pulls the new trend in heavy equipment pre-qualification?

David Strand, Equipment Funding Solutions founder, says you may be chasing off qualified leads if you’re waiting to get a full credit application that utilizes a hard credit pull.

March 9, 2021

Two people going over paperwork

CVSN holding webinar to showcase tax credits available in stimulus bill

The Commercial Vehicle Solutions Network (CVSN) will hold a webinar at 2 p.m. ET, March 11, with CPA Gene Marks that will address potential tax credits available to small businesses in the COVID-19 stimulus bill.

March 2, 2021

Congress passes $900 billion stimulus package

While both parties butted heads during negotiations, leaders on both sides were pleased to finally reach an agreement Monday and believe the new stimulus package is a positive step forward for the nation.

December 22, 2020

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Service technician at work

FTC to support independent aftermarket in Right to Repair struggle

The FTC calls on the public to submit complaints of violations of the Magnuson Moss Warranty Act, which prohibits, among other things, tying a consumer’s product warranty to the use of a specific service provider or product ... "

Road work ahead

Will the Senate's bipartisan infrastructure package reach the finish line?

Truck on isolated highway

Used market setting records as prices continue to swell

DOTY award program

Finalists announced for 2021 Distributor of the Year

Tina Hubbard speaking at meeting

HDA Truck Pride brings the gang back together for busy annual meeting

Learn how to move your used trucks faster

With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.

Used Truck Guide Cover

Learn about CCC Parts Expanded Product Offerings

North America’s premier wholesale distributor of drivetrain & gearing components has expanded leading brand product offerings in Undercarriage & Suspension, Hydraulics, Brake & Wheel End plus more.