Deere Financial reduces credit loss provisions, bucking ag concerns
Deere & Co. captive John Deere Financial reduced its provisions for credit losses in the third quarter of fiscal 2023...
John Deere’s +2,100 dealerships face lean times as ag yields plummet
John Deere’s stock dipped on the heels of the company’s latest earnings report as the outlook for the agricultural industry...
Medium-duty construction inventory jumps 46%
Asking and auction values for medium-duty construction equipment drifted further apart in July as the value gap neared historic levels...
Turning techy: Best practices for AI implementation
As artificial intelligence use becomes more common in the equipment finance industry, developing best practices is key to successful implementation. ...
Alta Equipment material handling revenue up 25% YoY
Alta Equipment Group’s material handling revenue rose in the second quarter as the company benefited from exclusive territories and a...
Best practices for combating first-party fraud
As rising interest rates persist and credit conditions tighten, vendors and lenders are facing an uptick in first-party fraud. First-party...
Rental industry fleet utilization down 10%
Equipment rental companies Herc Rentals, Ryder System and United Rentals saw rental fleet utilization rates decline in the second quarter...
Hyster-Yale Americas shipments rise 32% YoY as backlog eases
Material-handling manufacturer Hyster-Yale increased second-quarter shipments to the Americas as product backlogs eased. Shipments grew 31.7% year over year in...
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