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Truck financing has thinned out for carriers rebuilding after the freight recession. Mitsubishi HC Capital’s Kirk Mann on what now separates an approval from a decline. The post Bank exits squeeze truck financing for mid-size fleets appeared first on FreightWaves.
The freight market has seen a brutal downturn, with an astounding 85% failure rate for new carriers in the past three years. Kirk Mann, EVP & GM of Transportation and Vendor Solutions at Mitsubishi HC Capital America, dives into why this cycle was the longest, the impact of over-financed assets, and what it means for […] The post Trucking Downturn: Why 85% of New Carriers Didn’t Survive appeared first on FreightWaves.
This often overlooked dividend-focused outfit continues to expand its cash-generating engine in a savvy way.
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