Optimal rental fleets take shape in equipment industry
Dealers and rental houses are optimizing their rental fleets by evaluating the average equipment age and product mix to determine...
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Optimal rental fleets take shape in equipment industry
Dealers and rental houses are optimizing their rental fleets by evaluating the average equipment age and product mix to determine...
Gordon Brothers arranges $146M in construction financing
Global financial services and asset management firm Gordon Brothers has facilitated a CA$200 million ($146.3 million) financing deal for Morgan Construction to...
Kenworth, Peterbilt maker cuts jobs in Quebec amid weak market
Truck maker PACCAR Inc., parent company of the Kenworth and Peterbilt nameplates, will lay off 175 employees in its Sainte-Therese,...
Daimler to begin assembling Mercedes trucks in Senegal this year
Daimler Truck Holding AG plans to establish an assembly plant in Senegal, with production of Mercedes-Benz trucks scheduled to begin...
Dealers offer longer terms, skip payments amid farmer woes
Prolonged challenges facing farmers are prompting equipment dealers to explore flexible financing options to lower monthly payments and close deals. ...
Big, Beautiful Bill a ‘major victory’ for equipment finance
The U.S. House of Representatives today passed President Donald Trump’s One Big Beautiful Bill Act in a 218-214 vote, and...
Dealer efficiency crucial to expanding finance ops
Equipment dealers looking to expand their finance operations must focus on efficiency so lenders have the confidence to work with...
Podcast: Flexible relationships key to navigating market, says Mitsubishi HC Capital America’s Mann
Flexible financing partnerships between dealers, lenders and OEMs; customized financing solutions; investing in scalable integrated technologies; and customer education are...
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