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26 freight companies filed for bankruptcy in Q2
Although dozens of freight carriers filed for bankruptcy in the second quarter as transportation lending remained tight, carrier exits bode well...
Self-driving firm PlusAI to go public via Yorkville SPAC merger
Plus Automation Inc., an artificial-intelligence company developing self-driving technology for trucks, is set to go public through a business combination...
Accion Opportunity Fund expands equipment financing with $350K leases
Accion Opportunity Fund has expanded its equipment financing strategy beyond long-haul trucks, offering leases of as much as $350,000 and...
Saudi AI firm Humain, Applied Intuition partner on self-driving trucks
Saudi Arabia’s Humain is partnering with Applied Intuition Inc. to deploy self-driving trucks by 2030, as the kingdom’s leading artificial...
Zoomlion H1 revenue rises 9.2% YoY as international sales climb
Zoomlion Heavy Industry Science & Technology reported higher revenue in the first half of 2026 as international sales and several equipment...
Equipment lenders turn to healthcare sector for portfolio growth
Equipment finance is often associated with yellow iron and 18-wheelers, but lenders are increasingly turning to the healthcare sector for...
BMO records about $700M charge on equipment finance sale
BMO Financial Group recorded an approximately $700 million after-tax charge in its fiscal third quarter related to the pending sale...
RBR Enterprise, First Citizens launch ag equipment finance program
RBR Enterprise and First Citizens Bank’s Equipment Finance group launched a vendor finance agreement to provide leasing and lending options...
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