New commercial financing disclosure laws loom
New commercial financial disclosure laws take effect in 2024 in three states, with eight others considering proposals. California and New...
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Dealer Operations
United Rentals enhances mobile app with new rental features
United Rentals on Dec. 8 announced advanced equipment access management capabilities and an improved rental process for its mobile application....
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H&E Equipment Services acquires Precision Rentals
Baton Rouge, La.-based H&E Equipment Service announced today that it will acquire Precision Rentals. Precision Rentals, which has a fleet...
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Broker deals on the rise as banks tighten credit
Equipment finance broker and intermediary deals have been on the rise in the past month as more banks tightened credit...
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Titan Machinery floorplan use rises 158%
Equipment dealer Titan Machinery increased its floorplan use in the third quarter as rising interest rates and growing inventory put...
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Demand for equipment cools as finance approvals drop
Demand for equipment cooled as inventory held steady over the past six weeks as the Federal Reserve’s hawkish monetary policy...
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Rental industry utilization dips
H&E Equipment Services, Herc Rentals, Ryder System and United Rentals posted equipment rental fleet utilization rate declines in the third...
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Alta Equipment construction revenue rises 13%
Equipment vendor Alta Equipment Group’s construction and material handling revenue grew in the third quarter as equipment demand remained elevated...
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