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Dealer Operations

A tractor trailer approaches the Peace Bridge at the Canada-US border in Fort Erie, Ontario, Canada, on Monday, Feb. 3, 2025. US President Donald Trump's move to invoke an emergency and impose tariffs on Canada, Mexico and China is the most extensive act of protectionism taken by a US president in almost a century.

Dealer Operations

Looming tariffs present risks for the equipment sector

byJohnnie Martinez II

February 3, 2025

Even with a 30-day pause on the implementation of 25% tariffs on goods from Canada and Mexico, the equipment sector...

The TikTok account of Scott McIntosh, a digital advertising executive and founder of Cell Phone Seat, on a smartphone arranged in Franklin, Tennessee, US, on Tuesday, Nov. 21, 2023. In September, TikTok launched the US version of TikTok Shopan effort to combine the ease of shopping on Amazon.com Inc. with the product discovery afforded by social-media sites like Instagram.

Dealer Operations

Digital forensic use on the rise in equipment lawsuits

byJohnnie Martinez II

January 30, 2025

LAS VEGAS – Issues including how long – and when – a delivery driver was on the phone, or how...

Dealer Operations

Dealer M&A activity picks up in January

byJohnnie Martinez II

January 24, 2025

The year kicked off with increased equipment dealer merger and acquisition activity, even compared to 2024’s elevated levels, with dealerships...

Dealer Operations

Former Koenig Equipment CEO Ray Koenig dies

byJohnnie Martinez II

January 24, 2025

Raymond Paul Koenig, former chief executive and president of the board at Botkins, Ohio-headquartered dealer Koenig Equipment, died on Dec....

Newly manufactured New Holland T6 and T7 tractors stand parked in a yard ahead of shipping at CNH Industrial NV's assembly plant in Basildon, U.K., on Wednesday, July 2, 2014. CNH Industrial plans to more than double profit by 2018 as the maker of Iveco trucks and New Holland tractors sets its sights on expansion in Asia.

Dealer Operations

CNH launches AI tool to enhance dealer support

byEquipment Finance News, AI Assisted

January 23, 2025

CNH Industrial has introduced the AI Tech Assistant, a chatbot designed to help dealers of its agricultural and construction brands...

Heavy equipment tech company expanding semi-autonomous capabilities

Dealer Operations

Commercial Fleet, C.H. Brown, Anderson Equipment join Equipment Finance News webinar

byQuinn Donoghue

January 22, 2025

Equipment industry lenders and dealers will come together for Equipment Finance News’ upcoming webinar “Dealers and Lenders: Solving Shared Challenges,”...

Excavators in a lot during a Ritchie Bros heavy equipment auction in Bolton, Ontario, Canada, on Tuesday, May 9, 2023. Ritchie Bros Auctioneers Inc., a Canadian firm that sells heavy equipment at auctions around North America, struck an agreement in November to buy IAA, which sells damaged and written-off vehicles.

Dealer Operations

Dealers turn to new IronConnect platform as auction values plunge 9% YoY

byQuinn Donoghue

January 15, 2025

Heavy-equipment dealers are increasingly steering clear of the beleaguered auction market and seeking more lucrative ways to liquidate used gear...

A Terex Corp. crane sits on the construction site of the American Mobility Center (ACM) in Ypsilanti, Michigan, U.S., on Tuesday, Aug. 15, 2017. Representative Debbie Dingel, a Democrat from Michigan, and Representative Bob Latta, a Republican from Ohio, visited the ACM to meet with experts in the autonomous vehicles industry as the two work together to advance bipartisan self-driving vehicle legislation through the House floor.

Dealer Operations

Terex Financial Services helps dealer right-size fleets

byJohnnie Martinez II

January 9, 2025

Amid elevated backlogs, international equipment lender Terex Financial Services is assisting dealers as they navigate the post-pandemic landscape, helping to...

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