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News

eCapital Upsizes Asset-Based Lending Facility to $1.38 Billion, Expanding Capital Strength and Market Reach

Lender Operations

eCapital expands Wells Fargo-agented facility to almost $1.4B

byEquipment Finance News, AI Assisted

June 13, 2025

eCapital has renewed and increased its asset-based lending facility to $1.38 billion, up from $987 million. The facility is part...

Trailers 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.

Transportation

Bankruptcy rears head in commercial trucking

byQuinn Donoghue

June 12, 2025

Multiple trucking companies filed for bankruptcy in the second quarter, signaling a potential surge in charge-offs and other signs of...

In-cab SenseApply Technology being used in the field for farming tech

Agriculture

CNH launches precision farming tech to boost efficiency and sustainability

byEquipment Finance News, AI Assisted

June 12, 2025

CNH has introduced its factory-installed Sense and Act camera sensing technology to enhance precision farming tech, enabling farmers to apply...

Satoshi Ogiso, chief executive officer of Hino Motors Ltd., from left, Koji Sato, president of Toyota Motor Corp., Martin Daum, chief executive officer of Daimler Trucks AG, and Karl Deppen, chief executive officer of Mitsubishi Fuso Truck & Bus Corp., attend a news conference in Tokyo, Japan, on Tuesday, May 30, 2023. Toyota Motor and Daimler Truck have agreed to merge their truck manufacturing subsidiaries, Hino Motors and Mitsubishi Fuso Truck & Bus, to boost margins and develop new technologies such as alternative fuels and autonomous driving.

Transportation

Fuso-Hino merger agreement finalized, financing arrangements unclear

byJohnnie Martinez II

June 12, 2025

The merger between Mitsubishi Fuso and Hino announced this week aims to create a commercial vehicle juggernaut in the Asia-Pacific...

Tech investment set to grow in 2024 webinar

Dealer Operations

IronConnect launches DealerFlow platform to maximize returns

byEquipment Finance News, AI Assisted

June 12, 2025

IronConnect, a technology solutions provider for the heavy-equipment industry, has launched DealerFlow, an AI-driven platform designed to help equipment dealers...

Heavy duty retail truck sales rise in November

Lender Operations

Lenders turn to leasing amid rising new truck prices

byQuinn Donoghue

June 11, 2025

Equipment lenders are offering various leasing models while carefully setting residual values as rising new truck prices and operating costs...

Tractor trailers parked at a truck depot along the US-Mexico border in Ciudad Juarez, Chihuahua state, Mexico, on Tuesday, Feb. 4, 2025. US President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia Sheinbaum on Monday, a dramatic turnabout with the neighboring nations on the brink of a trade war.

Transportation

New truck data reflects industrywide downturn

byJohnnie Martinez II

June 11, 2025

Days’ supply of inventory for new, used and certified pre-owned trucks rose while new and used truck prices declined amid...

Clarus closes $25M equipment loan for waste transportation firm

Rentals

CieTrade launches equipment rental solution

byEquipment Finance News, AI Assisted

June 11, 2025

CieTrade, a business management software provider for recycling and waste brokerage firms, has launched a new dumpster and equipment rental...

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News

eCapital expands Wells Fargo-agented facility to almost $1.4B

Bankruptcy rears head in commercial trucking

CNH launches precision farming tech to boost efficiency and sustainability

Fuso-Hino merger agreement finalized, financing arrangements unclear

IronConnect launches DealerFlow platform to maximize returns

Lenders turn to leasing amid rising new truck prices

New truck data reflects industrywide downturn

CieTrade launches equipment rental solution

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Dealer Operations

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Core capital goods orders rise 12.5% YoY in June

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