Lease returns drive 29% jump in used forklift inventory
Lease returns and steep depreciation curves resulted in a glut of used materials handling equipment inventory last month. While equipment lenders have identified growth...
Wind energy market drives crane financing
Growing demand for wind energy is igniting crane finance activity across the globe, with OEMs, dealers and rental companies all standing...
Kodiak AI, Aurora Innovation see Q3 growth in autonomous truck market
Autonomous trucking technology providers Kodiak AI and Aurora Innovation achieved several milestones in the third quarter ahead of potential widespread deployment in 2026. The...
12 more freight carriers go bankrupt amid lender pullback
Twelve more trucking companies filed for Chapter 11 bankruptcy in October, highlighting the embattled transportation finance sector. These freight carriers...
Cat dealer Finning sees used equipment sales soar 122%
Canadian Caterpillar dealers Finning International and Toromont Industries saw used equipment sales and rental revenue climb in the third quarter...
Equipment lenders tackle residual value uncertainty on new tech
As new equipment becomes increasingly tech-driven, lenders looking to navigate residual value uncertainty are aligning themselves with resellers, OEMs and...
Rental market buoyed by usage-based payments, flexible floorplans, data
Equipment lenders are deploying usage-based models, customizable floorplans and digital tools to capitalize on growing rental demand while supporting rental...
Daimler Truck Financial Services originations drop 13.5%
The financing arm of German commercial vehicle manufacturer Daimler Truck saw originations slide in the third quarter as North American truck sales...
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