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Off-road vehicle demand shifts toward utility use after pandemic recreation surge
Off-road vehicle demand is shifting toward utility and land-use equipment after pandemic-era buyers gravitated toward recreational side-by-sides. During the pandemic,...
China has an 18-wheel answer to soaring global diesel prices
As Qu Shaolong pulls his electric truck into one of the many charging stations that dot the Chinese coal hub...
EV truck maker Harbinger gets over $300 million order from FedEx
Harbinger Motors Inc. will deliver 2,000 all-electric trucks to FedEx Corp. in a deal worth more than $300 million, deepening...
Texas allows wider use of dyed diesel as war boosts fuel costs
Texas is allowing wider use of so-called dyed diesel that’s normally limited to off-road vehicles, as a global fuel crunch...
Oxford Finance closes $368M in first-year ABL commitments
Specialty financier Oxford Finance’s asset-based lending strategy closed five transactions totaling $368 million in commitments during its first year. Oxford...
ELFA names James Cress acting president, CEO
The Equipment Leasing and Finance Association named James Cress acting president and chief executive while the association searches for its...
Wingspire Equipment Finance raises $407M in largest ABS issuance
Wingspire Equipment Finance closed a $407.1 million equipment asset-backed securitization, its third and largest ABS issuance to date. Tustin, Calif.-based...
Peakline Partners acquires Kalon Capital
Investment firm Peakline Partners acquired Kalon Capital, a mid-ticket equipment finance company. The deal expands Peakline’s equipment finance and direct...
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