financial

Business, Equipment

Caterpillar Boosts Its Outlook as the Global Recovery Gains Traction

Caterpillar backhoe Jeff Turner/Flickr

Caterpillar Inc. is strengthening its forecast for a first annual sales increase in five years, thanks largely to construction in China.

Bloomberg News
July 25, 2017
Business

Class 8 Sales to Yield Record For Daimler Financial Unit

Executives at Daimler Financial Services said they expect the company to report record results in 2014 on surging sales of commercial trucks in the United States.

November 24, 2014
Business

Fleet Demand for Credit Up With Economy

Better business conditions for freight haulers is boosting demand for credit as well as opening the door to increased competition among financial service providers, trucking industry financiers said.

May 5, 2014
Business

Agency Resubmits Plan to Cut Quarterly Reports

The federal government is trying once again to eliminate the requirement that nearly all trucking companies submit quarterly financial data to the Federal Motor Carrier Safety Administration, calling the requirement “outdated” and unnecessary.

June 3, 2013
Opinion, Business

Opinion: The 1031-LKE Cash-Flow Convoy

America’s trucking industry is facing a daunting array of challenges. Near the top of the list for every CEO and CFO is: “How can I increase my cash flow?”

September 8, 2011