Equipment Finance News, AI Assisted, Author at Equipment Finance News

A First Citizens Bank branch in Alpharetta, Georgia, US, on Thursday, March 23, 2023. First Citizens BancShares Inc., one of the biggest buyers of failed US lenders, is still hoping to strike a deal for all of Silicon Valley Bank, according to people familiar with the matter.

Equipment manufacturer Dynapac North America has partnered with First Citizens Bank Equipment Finance to launch a vendor financing program for customers...

Workers labor under the carriage of a dump truck in a repair shop at the Tavan Tolgoi coal deposit developed by Erdenes Tavan Tolgoi JSC, a unit of Erdenes Mongol LLC, in Tsogtsetsii, Ömnögovi Province, Mongolia, on Monday, Sept. 24, 2018. Mongolia has expanded its coal reserves by 24 percent at the state-owned giant Tavan Tolgoi mine to 6.34 billion tons, according to Erdenes Tavan Tolgoi Chief Executive Officer Gankhuyag Battulga. Mongolian lawmakers in June approved a plan to sell up to 30% of the coal mine in the Gobi desert, the latest attempt to develop what's anticipated to be massive coking and thermal coal deposit.

Garnett Station Partners launches True North Fleet Services

byEquipment Finance News, AI Assisted

November 3, 2025

Investment firm Garnett Station Partners launched True North Fleet Services, a national platform for fleet maintenance and repair providers. True...

Tractor trailers parked at a truck depot along the US-Mexico border in Ciudad Juarez, Chihuahua state, Mexico, on Tuesday, Feb. 4, 2025. US President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia Sheinbaum on Monday, a dramatic turnabout with the neighboring nations on the brink of a trade war.

bidadoo, SOARR form commercial truck dealer service partnership

byEquipment Finance News, AI Assisted

October 31, 2025

Bidadoo, eBay’s largest online auction service for equipment and trucks, has partnered with commercial truck technology platform SOARR to introduce the...

An AGCO Corp. Challenger tractor pulls a Bourgault Tillage Tools Ltd. air seeder while planting canola seeds on a farm near St. Francois Xavier, Manitoba, Canada on Thursday, May 9, 2019. Prime Minister Justin Trudeau's government is expanding a loan program for farmers and launching a trade mission to Japan and South Korea as Canadian canola exports get caught up in a diplomatic feud with China.

AGCO’s North American sales drop 32% YoY in Q3

byEquipment Finance News, AI Assisted

October 31, 2025

AGCO reported a steep drop in North American sales during the third quarter as high interest rates and weak commodity...

Transparent Fiber Technology Elevex Capital

Setpoint unveils double-pledging prevention certification

byEquipment Finance News, AI Assisted

October 29, 2025

Setpoint, a digital infrastructure provider for asset-backed finance, unveiled Setpoint PledgeCheck, a new industry certification designed to prevent double-pledging of...

Traton Group launches financing for EV trucks

byEquipment Finance News, AI Assisted

October 28, 2025

Commercial vehicle manufacturer Traton Group has launched a program aimed at accelerating the financing and refinancing of battery-electric vehicles across its...

Raymond Lithium Ion Powered High Capacity Orderpicker connected to ACT charging technology.

Toyota Material Handling North America invests in charging solution

byEquipment Finance News, AI Assisted

October 24, 2025

Toyota Material Handling North America, parent of the Toyota Material Handling and Raymond brands, announced a strategic investment in charging...

Daimler to begin assembling Mercedes trucks in Senegal this year

Daimler Truck Financial Services, Geico launch insurance program

byEquipment Finance News, AI Assisted

October 24, 2025

Daimler Truck Financial Services and Geico are partnering to launch Connected Insurance, a new data-driven program aimed at lowering premiums...

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