Lack of federal regulations looms over autonomous trucking
It’s the Wild West in the autonomous trucking industry, where no overarching rules and regulations exist despite the rapid emergence...
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m2 Equipment Finance discontinues offerings
General business equipment financier m2 Equipment Finance has stopped originating loans and leases as its parent company looks to reallocate...
North American truck orders rise ahead of seasonal pickup
The commercial trucking industry flashed another sign of recovery in August as heavy- and medium-duty orders rose month over month,...
Equipment loan losses rise amid transportation loan deterioration
Annualized net losses for equipment asset-backed securities rose in August across all publicly rated deals as transportation industry portfolios remained...
Lenders urged to act amid increased fraud
Equipment finance lenders are being strongly advised to adopt enhanced security measures aided by technology to combat an uptick in...
Farm Capital Investment Index hits all-time low
Farmer sentiment remained low in August as net farm income and crop prices are forecast to decline for the year. ...
Here are the takeaways from the US jobs report for August
Here are the key takeaways from the US employment report for August released Friday: Nonfarm payrolls rose by 142,000, which...
Toro Co.’s Red Iron originations drop again
Outdoor power equipment manufacturer The Toro Co.’s financing joint venture experienced another decline in originations in the third quarter as...
US sees farm income falling less than expected to $140B
US farmers are poised to see a smaller-than-expected drop in income this year, down only 4.4% from 2023 even as...
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