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Dealer Operations

Economics professor Kara Smith joins Equipment Finance Connect

byQuinn Donoghue

April 29, 2025

Kara Smith, department chair of economics and finance at Belmont University, will join Equipment Finance Connect 2025 to discuss tariffs and...

Trucks and shipping containers at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. China said it will fully prepare emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the worlds No. 2 economy.

Dealer Operations

Ares Management acquires Epika Fleet Services

byJohnnie Martinez II

April 25, 2025

Equipment industry mergers and acquisitions activity increased several transportation companies made transactions in April. Ares acquires majority stake in Epika...

A TST-CF Express and TST Overland Express truck at the TFI International headquarters in Saint-Laurent, Quebec, Canada, on Thursday, April 24, 2025. TFI International Inc., one of North America's largest trucking companies, says US President Donald Trump's trade war is exacerbating the freight industry's difficult outlook, and that it was forced to abandon a deal because of it.

Dealer Operations

Core capital goods improve amid growing equipment investment

byJohnnie Martinez II

April 24, 2025

Core capital goods new orders, shipments, total inventory and unfilled orders inched up in March, as equipment investment increased during...

Dealer Operations

Vermeer launches digital platform to streamline equipment management

byEquipment Finance News, AI Assisted

April 18, 2025

Agriculture equipment manufacturer Vermeer has launched VermeerOne, a digital platform designed to simplify the management, monitoring and maintenance of Vermeer...

Dealer Operations

National Equipment Dealers dealer partner Jacob May dies

byJohnnie Martinez II

April 11, 2025

Jacob May, founder of May Heavy Equipment and dealer partner of the National Equipment Dealers, died unexpectedly on April 7...

Shoppers browse appliances in Union City, California.

Dealer Operations

US inflation unexpectedly slows down ahead of tariffs impact

byBloomberg News

April 10, 2025

US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price...

Online documentation database and document management system concept. businesswoman working on laptop with virtual screen. process automation to efficiently manage files.

Dealer Operations

AI, data modeling paves way for truck financing, dealer ops

byQuinn Donoghue

April 4, 2025

From inventory management to frictionless financing, AI-driven data models are now at the fingertips of truck dealers, lenders and fleet...

Attendees and traders fill the trading floor as Volkwagen AG's Traton SE truck unit makes its initial public offering (IPO) at the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, June 28, 2019. Volkswagen raised 1.55 billion euros ($1.8 billion) selling a stake in its trucks business, but only after pricing the offer at the low end of a target range to attract investors to one of Europes biggest initial public offerings this year.

Dealer Operations

Equipment stocks drop as tariff woes shake industry

byJohnnie Martinez II

April 3, 2025

Equipment stocks experienced a turbulent last few days as new tariffs continued to negatively affect the marketplace and create concerns...

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