New partnership harnesses factoring, freight tools

Has a factoring relationship helped you manage through the current crisis? Among expanded carrier-support at factoring companies, the latest integration sees OTR Capital partnering with Trucker Tools to include the latter’s predictive freight-matching.

SelecTrucks Updates Walk-Away Lease Program

The SelectLease FMV lease stands to benefit lessees with decreased ownership risks. The lease has no long-term obligations, meaning qualifying lessees can walk away in as little as 24 months with no end-of-lease residual requirements.

Canada, U.S. extend border restrictions until June 21

OTTAWA, Ont. – Canada and the U.S. have agreed to keep the border closed to all non-essential travel until June 21, Prime Minister Justin Trudeau announced Tuesday. The restrictions, which are not applicable to commercial vehicles, were first introduce…

ECONOMIC WATCH: Truck tonnage plummets most in 26 years

ARLINGTON, Va. – U.S. for-hire truck tonnage plummeted 12.2% in April, according to the latest data from the American Trucking Associations (ATA). “April’s monthly decline was the largest in 26 years when there was a labor strike in April 1994,” said A…