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News Stories (12 Results) - Trucking

ACT Research reported preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. Complete industry data for September, including final order numbers, will be published by ACT Research in... Read Story

October 05, 2022, 07:00 AM

ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review of the current US trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build... Read Story

July 25, 2022, 07:00 AM

Pathway Capital closed a $7 million senior secured revolving credit facility to a regional trucking and warehousing company in northern New Jersey. Pathway acted as the sole arranger.The revolving line of credit is collateralized by accounts... Read Story

February 16, 2021, 08:00 AM

Wintrust Receivables Finance announced today the closing and funding of a $1.5 million credit facility for a trucking company based in Illinois. The company specializes in hauling dry goods, sheet metal, and general freight, while also providing... Read Story

December 03, 2019, 09:00 AM

TAB Bank announced it has provided a $1 million revolving credit facility for a trucking company based in Montana. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The... Read Story

September 27, 2019, 09:00 AM

By order of the Quebec Superior Court, Tiger Group and Liquidity Services are conducting an online-only auction of a large fleet of late-model truck tractors, dry van trailers, refrigerated units, pickup trucks, dollies, forklifts and other support... Read Story

April 26, 2019, 08:45 AM

Sallyport Commercial Finance provided a $400,000 Accounts Receivable facility to a trucking company that specializes in carrying a variety of steel products such as rebar, plate steel, formed steel, coil and pipes.  In addition to hauling steel, the... Read Story

March 20, 2019, 08:00 AM

Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a distributor of parts and components for light and heavy-duty trucks based in Nebraska. Proceeds of the facility were used for general working capital... Read Story

June 26, 2018, 07:00 AM

Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that the Bank’s Asset-Based Lending Group has extended an $11 million credit facility to NEXT Trucking to support the company’s continued growth.  In... Read Story

March 28, 2018, 07:00 AM

Bibby Transportation Finance (BTF) announced a $500,000 factoring facility for 3A Express, a Michigan-based transportation company specializing in over-the-road (OTR) and refrigerated trucking. 3A Express holds contracts with some of the top shipping... Read Story

May 18, 2017, 08:00 AM

InterNex Capital, a digital lender providing accounts receivable revolving lines of credit to small and mid-sized businesses, recently provided $200,000 to an Alaska-based freight shipping and trucking company.The company will use the funds for... Read Story

May 03, 2017, 08:30 AM

ExWorks Capital announced that it provided $1.2 million in financing to a California based transportation services company. The company opened its doors in 2013 and specializes in providing semi-trucks and trailers with unique solutions customized to... Read Story

January 27, 2017, 07:00 AM