Total farm tractor sales down 11.9% YoY in May
Even during a sustained slowdown, agricultural equipment dealers are aiming to be proactive and manage their inventory to ensure success. ...
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Used medium-duty truck inventory soars 26%
Economic challenges dealt a blow to the used-truck market last month, with the medium-duty sector bearing the brunt. Used inventory...
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First Citizens, Merlo America launch vendor finance program
First Citizens Bank Equipment Finance and Merlo America have entered into a new vendor finance agreement aimed at providing Merlo customers...
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Mack Trucks unveils truck for regional hauling
Mack Trucks has introduced its Mack Anthem, a fully redesigned truck built specifically for regional-haul operations, with up to 10%...
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Used construction equipment market stabilizing
Asking and auction values for used construction equipment and lifts fell slightly in May despite increased optimism that the market...
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Volvo CE acquires Swecon, divests shares of Chinese OEM
Global manufacturer Volvo Construction Equipment acquired fellow Swedish OEM Swecon and divested its shares of Chinese OEM Shandong Lingong Construction...
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Wingspire Capital provides $50M credit facility
Wingspire Capital provided a $50 million senior secured credit facility to Accuray, a global provider of radiation therapy systems. The...
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North American Class 8 truck orders drop 45%
North American heavy-duty truck orders plummeted 45% in May, while medium-duty truck orders also fell as the traditionally weak period...
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