Author Archive: fleetnewsdaily

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Used Truck Retail Sales Grew in May, Counter to Expectations

Used Truck Retail Sales Grew in May, Counter to Expectations

| June 13, 2024

ACT Research reports preliminary Class 8 same dealer used truck retail sales volumes continued to increase in May Counter to expectations, preliminary Class 8 same dealer used truck retail sales volumes continued to increase in May (+7.4%), according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published […]

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FTR’s Trucking Conditions Index Improves in April but is Still Negative

FTR’s Trucking Conditions Index Improves in April but is Still Negative

| June 13, 2024

“Better days are in sight for trucking companies, but the market still needs to work through the tough combination of too much capacity and sluggish freight demand” FTR’s Trucking Conditions Index indicated a more hospitable environment for carriers in April but remained negative at a reading of -1.95, up from -7.25 in March. Both freight […]

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Bestpass Releases New Integrated Toll Data and Reporting Tools for Geotab Users 

Bestpass Releases New Integrated Toll Data and Reporting Tools for Geotab Users 

| June 13, 2024

Geotab customers using Bestpass can now access new toll activity data and reporting features through a single interface  Bestpass, Inc., the leader in toll management solutions and major innovator in safety and compliance solutions for commercial fleets, recently announced it has added new integration features within the Geotab ecosystem that will enable Geotab customers to […]

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SoCalGas Advances Towards Zero-Emissions Fleet with Delivery of New Ford Electric Vans

SoCalGas Advances Towards Zero-Emissions Fleet with Delivery of New Ford Electric Vans

| June 13, 2024

At the close of 2023, 38% of SoCalGas’ over-the-road fleet was powered by low- and zero-emissions energy sources Southern California Gas Co. (SoCalGas) added Ford E-Transit electric vans into its fleet, as part of its ASPIRE 2045 sustainability strategy, working towards its goals to replace 50% of its over-the-road fleet1 with alternative fuel vehicles (AFV) by 2025 and […]

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Trucking Finance Loans Revolutionizes Funding Solutions for Trucking Companies

Trucking Finance Loans Revolutionizes Funding Solutions for Trucking Companies

| June 13, 2024

Comprehensive services include access to SBA loans, working capital loans, lines of credit, and financing for commercial real estate Trucking companies often struggle to secure the necessary capital for purchasing trucks, expanding fleets, accessing working capital, and acquiring essential infrastructure. Traditional lending criteria, economic conditions, and lack of government support pose significant challenges to their […]

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Bollinger Motors Announces Sale of 80 Bollinger B4 Chassis Cabs to Momentum Groups

Bollinger Motors Announces Sale of 80 Bollinger B4 Chassis Cabs to Momentum Groups

| June 13, 2024

Agreement Creates Innovative Mobile Charging Solution, Electric Vehicle Option for Fleet Owners and Managers  Bollinger Motors, Inc., an electric commercial vehicle (“EV”) manufacturer, has reached an agreement to sell 80 all-electric Class 4 commercial trucks to Momentum, a leader in fleet management and EV charging solutions. Momentum Groups can upfit the Bollinger B4 Chassis Cab with mobile […]

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