Class 8 Orders Rocket Higher, Up 160% Year-Over-Year | Transport Topics
Preliminary October North American Class 8 net orders significantly surpassed expectations, rising to 36,200 units, ACT Research Co. reported. “October’s orders represented a 160% year-over-year jump from a particularly easy, cancellation-impacted, year-ago comp,” ACT President Kenny Vieth said in a statement. Orders in the 2016 period were 13,907. The orders also were the highest since…
Truck Tonnages Drops in February
The February truck tonnage index fell 2.8% on a year-over-year basis, but American Trucking Associations chief economist said freight activity was still strong and fell short because of the record-setting February 2016 comparison. ATA’s seasonally adjusted index was 138.7 in February compared with 138.9 in January and 142.7 one year ago. RELATED: ATA’s Bob Costello…
Trucking Company in Georgia Chooses TAB Bank for a $500 Thousand Revolving Credit Facility
OGDEN, Utah, March 21, 2017 (GLOBE NEWSWIRE) — A trucking company in Georgia has chosen TAB Bank for a $500 thousand revolving credit facility. The facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. TAB Bank provides custom working capital solutions to commercial businesses across a wide range of…
TAB Bank Provides a Flatbed Heavy Hauling Company in California with a $1 Million Revolving Credit Facility
OGDEN, Utah, March 14, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for a flatbed heavy hauling company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company is a family-owned business…
For Trucking Regulation, It’s a Foggy Road Ahead
GPS technology can tell a commercial trucker all about routes and traffic conditions. But when it comes to predicting the regulatory landscape, the road ahead is a lot less clear. One rule that’s guaranteed to hit the industry at the end of this year is the electronic logging device mandate of the Federal Motor Carrier Safety Administration. ELDs…
TAB Bank Provides $19.2 Million in Trucking Equipment Loans in 2016 4th Quarter
OGDEN, Utah, Jan. 18, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it provided $19.2 million in trucking equipment loans for 193 transportation companies during the 4th quarter of 2016. Based in different regions of the country, these companies represent a broad spectrum of trucking entities ranging from one-truck owner operators to small…
TAB Bank Provides Trucking Company in Oregon with a $1 Million Revolving Credit Facility
OGDEN, Utah, Jan. 04, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for a trucking company located in Oregon. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition to the working capital facility, TAB…
TAB Bank Provides Trucking Company in Minnesota with a $1.5 Million Revolving Credit Facility
TAB Bank is pleased to announce it has provided a $1.5 million revolving credit facility for a trucking company located in Minnesota. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition to the working capital facility, TAB Bank has also provided the company with…
United States Trucking Industry & E-Commerce Report 2016-2020 – Focus on the Future Technological
Research and Markets has announced the addition of the “Last Mile: E-Commerce And the Future of the Trucking Industry- U.S. Markets, Technological Disruptions And Innovations, New Competitors And Opportunities: 2015-2020 Analysis And Forecasts” report to their offering. The objective of this report is to examine the Last-Mile in terms of e-Commerce and the Future of…
Six Trends Impacting the Trucking Industry
From increasingly stringent fuel efficiency regulations to the regionalization of fleets, a number of trends continue to impact the North American trucking industry. Let’s look at six of the top trends within the segment. According to the most recent data available from the American Trucking Associations (ATA), the trucking industry hauled 9.96 billion tons of…
U.S. Proposes Requiring Speed Limit Devices on Trucks, Buses
Trucks and buses in the United … have lower maximum speeds for trucks . “There are significant safety … a group that represents independent truckers and small business operators, … rule. Representatives of truck makers and large truck fleets contacted Friday did … Read the source article at Insurance Journal
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