Electrada, Duke Energy partner with Daimler to electrify fleets
Commercial vehicle charging manufacturer Electrada and utility company Duke Energy have launched an electrification center designed to provide zero-emission, carbon-free...
M&A: Nextran Truck Centers expands Midwest reach
Mergers and acquisitions activity for equipment dealers and lenders remained high in November as companies make M&A moves ahead of...
Core capital goods orders slip as business spending remains stagnant
ile, New and unfilled orders for core capital goods slipped slightly in October, while shipments and total inventories ticked up...
Equipment rental, leasing prices jump in October
Equipment rental and leasing prices increased in October as the Federal Reserve’s rate cuts had a positive effect on the...
Farm equipment values dip again ahead of yearend buying
Farm equipment values mostly declined again in October as election concerns and typical seasonality led to a market slowdown. The...
Equipment spending uptick expected during 2025, analysts say
Equipment spending is projected to increase over the next two years as interest rates improve and credit standards loosen. After...
Deere financial services revenue grows despite sales slump
Deere & Co.’s financial services revenue increased in the fourth quarter and all of fiscal 2024 despite a double-digit decline...
Farm tractor sales decline 14%
Farm tractor and combine sales continued to dip in October as buyers remained cautious despite interest rate cuts. Demand for...
