New business volume hits record, up 18.6% YoY in Q1
Equipment finance demand remained strong in March despite a slight monthly slowdown, with first-quarter new business volume reaching a record...
PACCAR posts higher Q1 profit despite lower revenue, deliveries
PACCAR reported improved profitability in the first quarter, amid mixed performance from its parts and financial services segments, as well...
ELFA hires Kinney as SVP of policy, government affairs
The Equipment Leasing and Finance Association has appointed Susan Sullivan Kinney as senior vice president of policy and government affairs....
Customers Bank taps OpenAI as equipment finance portfolio grows
Customers Bank is expanding its use of artificial intelligence through a multiyear collaboration with OpenAI, while continuing to grow its...
Hitachi Construction Machinery revenue rises, profits fall amid tariff pressures
Japanese OEM Hitachi Construction Machinery reported higher revenue but lower profitability for its fiscal year ended March 31 as U.S....
United Rentals total revenue rises 7.2% in Q1
United Rentals posted higher revenue in the first quarter as rental demand remained resilient across construction and industrial end markets....
Depping launches Fox Ridge Capital
Finance industry veteran Tom Depping has launched Fox Ridge Capital, a provider of equipment and technology financing for small and midsize businesses....
Class 8 truck orders surge 131% YoY
North American Class 8 truck orders soared 131% year over year in March to 38,050 units, according to ACT Research. The...
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