Dealers offloading trucks in spite of tight lending climate
Truck dealers are steadily offloading inventory despite lending standards that remain tight. One hundred percent of surveyed truck dealers reported improving or...
Read moreDetailsTruck dealers are steadily offloading inventory despite lending standards that remain tight. One hundred percent of surveyed truck dealers reported improving or...
Read moreDetailsImproving freight conditions are drawing more owner-operators and small fleets into the used-truck market, supporting finance and insurance growth at...
Read moreDetailsRush Enterprises' finance and insurance revenue increased in the second quarter despite decreased new truck sales and gradual improvements in...
Read moreDetailsOrders for core capital goods increased in June as businesses continued to invest in equipment, supported by spending on AI...
Read moreDetailsPremier Equipment Solutions has selected AI provider Chasi to improve customer service and operational visibility across its seven-location equipment dealership platform. The East Hartford, Conn.-based company plans...
Read moreDetailsOEM Scag Power Equipment has partnered with Huntington Bank and lending fintech Octane to streamline its financing operation. The collaboration...
Read moreDetailsThe inventory finance market is reaching an inflection point as more dealers require flexible solutions that align with short-term needs and fleet optimization but don’t strain their debt...
Read moreDetailsCVC Marathon, the credit investment arm of CVC Capital Partners, has issued a $175 million secured loan to fund specialty...
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