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News

Lender Operations

Wingspire provides $150M credit facility to APR Energy

byEquipment Finance News, AI Assisted

June 2, 2025

Wingspire Capital has issued a $150 million revolving credit facility to power generation solutions provider APR Energy. APR Energy will...

Herc Holdings Completes Acquisition of H&E Equipment Services

Rentals

Herc Holdings completes H&E Equipment acquisition

byEquipment Finance News, AI Assisted

June 2, 2025

Herc Holdings, a leading North American equipment rental supplier, has completed its acquisition of H&E Equipment Services, significantly expanding its...

Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.

Transportation

Used-truck values improve as freight rates limit market

byJohnnie Martinez II

May 30, 2025

Values for used heavy-duty trucks and semitrailers improved in April, but continued declines in freight rates limit any upside. Asking...

Industrial OEM Aljon launches financing arm

Dealer Operations

Machinery Partner launches financing arm

byQuinn Donoghue

May 30, 2025

Online equipment dealer Machinery Partner is launching a captive financing arm, Machinery Partner Capital Solutions. The captive is focused on...

Lenders stress portfolio management as originations rise

Lender Operations

Wells Fargo to sell rail equipment leasing business

byEquipment Finance News, AI Assisted

May 30, 2025

Wells Fargo has agreed to sell its rail equipment leasing business to a joint venture formed by GATX Corp. and...

Rentals

Herc Holdings takes next step in H&E Equipment Services acquisition

byEquipment Finance News, AI Assisted

May 30, 2025

Herc Holdings is closing the acquisition of fellow equipment rental house H&E Equipment Services following the May 30 expiration of...

2 state commercial finance disclosure laws take effect

Dealer Operations

Tariff court rulings complicate equipment industry outlook

byJohnnie Martinez II

May 29, 2025

Multiple court rulings related to tariffs over the course of May 28 and today have created a complex environment for...

Trucks enter the Port of Los Angeles in Los Angeles, California, U.S., on Tuesday, Nov. 16, 2021. The historic traffic jam at the Port of Los Angeles has eased slightly as ocean carriers face fines for letting cargo linger and sweeper ships arrive to haul off empty containers.

Transportation

Equipment lenders capitalize on used-truck demand surge sparked by tariffs

byQuinn Donoghue

May 29, 2025

The threat of price hikes sparked by tariffs is causing a temporary boost in used-truck demand, necessitating flexible financing as...

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News

Wingspire provides $150M credit facility to APR Energy

Herc Holdings completes H&E Equipment acquisition

Used-truck values improve as freight rates limit market

Machinery Partner launches financing arm

Wells Fargo to sell rail equipment leasing business

Herc Holdings takes next step in H&E Equipment Services acquisition

Tariff court rulings complicate equipment industry outlook

Equipment lenders capitalize on used-truck demand surge sparked by tariffs

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Dealer Operations

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Core capital goods orders rise 12.5% YoY in June

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