Trailer orders drop 43% in July
Net trailer orders trailers declined 43% month over month in July to 8,800 units after an unexpected 133% increase in...
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Equipment industry expects challenges from tariff expansion
Equipment manufacturers and dealers face increased costs after the expansion of goods covered under Section 232 tariffs on steel and...
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Used mini-excavator inventory drops 20%
Dealers continue to lean into strong rental demand to keep used construction equipment off their lots, while lenders see ample...
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North Mill closes $525M ABS deal
North Mill Equipment Finance closed a $525 million asset-backed securitization, its largest to date and second this year. The deal...
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Gather AI forms first dealer partnership with Burwell Material Handling
Gather AI, a Pittsburgh-based intralogistics technology company, has partnered with Burwell Material Handling in its first dealer network agreement. Sioux...
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Heron, KLC Financial bring AI to equipment finance with partnership
Heron Data has partnered with Minneapolis-based KLC Financial to bring artificial intelligence automation to equipment finance. The collaboration marks Heron’s...
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DOJ sues CARB, sides with truck OEMs
The Department of Justice filed two federal lawsuits this week against the California Air Resources Board, alleging illegal enforcement of...
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Ferronordic Q2 revenue dips amid uncertainty of US trade, tax policies
Construction and truck equipment dealer Ferronordic’s total revenue declined in the second quarter, attributed to uncertainty around U.S. trade and...
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