May 2, 2026
What is a commercial truck loan? A commercial truck loan, commonly known as semitruck financing, is designed for borrowers looking to purchase a commercial truck. This loan functions similarly to equipment financing, allowing borrowers to spread the truck’s cost over regular payments over time. Since the loan is asset-based, the truck serves as collateral in […]
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September 4, 2025
The market for autonomous trucks is expanding as federal regulations and funding strategies evolve, yet gaining public trust is essential for widespread implementation. According to research and consulting firm McKinsey & Co, it is forecasted that by 2035, 13% of heavy-duty, over-the-road trucks in the U.S. will be autonomous, surpassing China’s projected rate of 11%. […]
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June 10, 2025
New FMCSA Alert System for Brokers and Carriers In early November, the FMCSA implemented a new alert system targeting brokers, forwarders, and motor carriers whose surety bonds or insurance are slated for cancellation by their providers. Purpose of the Alert Representatives from FMCSA’s Licensing and Insurance division explain that the intention behind this notice is […]
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