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As their vehicle stocks continue to grow and prices continue to drop, used truck dealers are asking finance companies and truck manufacturers to help them get through an impending crisis. Dealers told OEM and finance company representatives at the inaugural annual meeting of the Used Truck Assn. in Florida last week that they fear a further avalanche of truck repossessions in January when cash-strapped operators must pay annual license fees.
Read More →Truck owners trading in their rigs may be missing out on millions of dollars in federal Heavy Vehicle Use Tax (HVUT) credits as the number of used trucks in dealer lots grows
Read More →Financial institutions are being hurt by depressed market conditions in trucking, and that's going to make it harder for potential buyers to borrow money in the coming months
Read More →Peterbilt has presented Dealership Performance Awards to 35 dealers in recognition of their commitment to its Red Oval Pre-Owned Truck Program.
Read More →The Virginia Department of Transportation is shutting down lanes on I-95 near the Springfield Interchange this week as an extensive reconstruction project continues on what has become known as the "Mixing Bowl.
Read More →J.B. Hunt, a truckload carrier based in Lowell, Ark., recently announced its second and third quarter million-mile safe drivers
Read More →Paccar Leasing Company, Bellevue, Wash., recently opened the doors to a new Canadian PacLease location in Saint-Laurent, Quebec, just west of Montreal
Read More →Wabash National Corp. has signed a letter of intent to acquire the privately held Breadner Group, a new trailer distributor based in Kitchener, Ontario, Canada
Read More →Canacar, Mexico’s national trucking association, plans to file a formal complaint this week with the Trade and Industry Ministry against U.S.-owned trucking company Transportes EASO
Read More →Legislative budget panelists in Arkansas showed little support last week for a proposed constitutional amendment to elect members of the state Highway Commission and put the state highway director under the governor's authority
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