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Dealer Operations

A job seeker receives information from a recruiter during a Miami-Dade County job fair in Miami, Florida, U.S., on Thursday, Dec. 16, 2021. Applications for U.S. state unemployment benefits rose last week but remained near the lowest levels of the pandemic as the labor market recovery continues.

Dealer Operations

US growth accelerates to 2.4% on resilient consumers, companies

byBloomberg News

July 28, 2023

US economic growth unexpectedly picked up steam in the second quarter thanks to resilience among consumers and businesses in the...

The grille of a Volvo VNR electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

Dealer Operations

Volvo Financial Services originations set record

byJohnnie Martinez II

July 19, 2023

Commercial financier Volvo Financial Services’ commercial book grew in the second quarter alongside strong deliveries and industry demand. Volvo Financial...

Car carrier trailer transport new car from manufacturing factory to dealer. auto vehicle haul truck delivery. transport logistics in automotive industry. car carrier trailer load new car to shipping.

Dealer Operations

DLL expands into utility trailer floorplan financing

byJohnnie Martinez II

July 7, 2023

Equipment financier DLL has expanded its floorplan financing offerings to include utility trailers as the company looks to grow its...

Dealer Operations

Orders for US business equipment increase for second month

byBloomberg News

June 27, 2023

Orders placed with US factories for business equipment rose in May for a second month, indicating companies continue to make...

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

Dealer Operations

Lenders to lean on vendors for data collection

byJohnnie Martinez II

June 23, 2023

With the March 30 finalization of section 1071 of the Dodd-Frank Act, financial institutions are facing new small business lending...

Fed Chair Powell Holds News Conference Following FOMC Rate Decision

Dealer Operations

Fed pauses rate hikes but signals more tightening to come

byBloomberg News

June 14, 2023

Federal Reserve officials paused on Wednesday following 15 months of interest-rate hikes but signaled they would likely resume tightening to...

Shoppers during the grand opening of a Costco Wholesale store in Kyle, Texas, US, on Thursday, March 30, 2023. The new wholesale store is around 160,000 square feet, and the gas station is outfitted with 24 pumps.

Dealer Operations

US inflation report signals fed rate pause will become a full stop

byBloomberg News

June 13, 2023

US inflation continues to cool, giving the Federal Reserve room to take a breather from interest-rate hikes this week. The...

Crane digging foundation area for new construction

Dealer Operations

Titan Machinery equipment revenue up 21% YoY

byJohnnie Martinez II

May 26, 2023

Titan Machinery’s equipment revenue increased in the first quarter of fiscal year 2024 due to recent acquisitions and consumer demand. ...

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Dealer Operations

US growth accelerates to 2.4% on resilient consumers, companies

Volvo Financial Services originations set record

DLL expands into utility trailer floorplan financing

Orders for US business equipment increase for second month

Lenders to lean on vendors for data collection

Fed pauses rate hikes but signals more tightening to come

US inflation report signals fed rate pause will become a full stop

Titan Machinery equipment revenue up 21% YoY

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Dealer Operations

Inventory financing shifts to ‘just in time’ as dealer demands change

Jack Doheny acquires Vacuum Truck Rentals with $175M from CVC

Equipment dealers expand leasing, rental revenue as financing demand grows

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