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News

Aftermarket revenue shines in Rush Enterprises’ Q4 earnings

Dealer Operations

Rush, Penske F&I revenues fall in Q1

byQuinn Donoghue

May 5, 2025

Major truck dealers reported decreased aftermarket parts and service revenues in the first quarter while seeing mixed results in other...

A hydraulic truck dumps earth on the construction site of the European Union (EU) Court of Justice extension project in the Plateau de Kirchberg district of Luxembourg, on Monday, July 15, 2019. Brexit has made Luxembourg a favorite EU hub for insurers, funds and asset managers to relocate to from the U.K. Moves include those by insurance giant American International Group Inc., private-equity firm Blackstone, RSA Insurance Group Plc, U.S. insurer FM Global, Lloyd's of London insurer Hiscox Plc and asset manager M&G Investments.

Lender Operations

NFS Leasing rebrands as NFS Capital to drive growth

byEquipment Finance News, AI Assisted

May 5, 2025

Independent equipment financier NFS Leasing will rebrand as NFS Capital as part of its long-term growth strategy. Under its new name, the Beverly,...

A Terex Corp. crane sits on the construction site of the American Mobility Center (ACM) in Ypsilanti, Michigan, U.S., on Tuesday, Aug. 15, 2017. Representative Debbie Dingel, a Democrat from Michigan, and Representative Bob Latta, a Republican from Ohio, visited the ACM to meet with experts in the autonomous vehicles industry as the two work together to advance bipartisan self-driving vehicle legislation through the House floor.

Material Handling

Global equipment manufacturers see materials sales slide

byJohnnie Martinez II

May 2, 2025

Equipment manufacturers Terex and Bobcat experienced a sales downturn in the first quarter, as material handling and processing sales slipped,...

Midland, Banc of California shrink equipment finance portfolios in 2024

Lender Operations

Brookline, Banc of California pull back equipment lending in Q1

byQuinn Donoghue

May 2, 2025

Brookline Bancorp and Banc of California shrank their equipment finance businesses in the first quarter, while First Citizens BancShares’ revved...

H&E Equipment Services posts record rental revenue

Rentals

Construction, industrial rental penetration hits record high

byEquipment Finance News, AI Assisted

May 2, 2025

The U.S. construction and industrial equipment rental market continued its upward trend in the first quarter of 2025, with rental...

Newly manufactured New Holland T6 and T7 tractors stand parked in a yard ahead of shipping at CNH Industrial NV's assembly plant in Basildon, U.K., on Wednesday, July 2, 2014. CNH Industrial plans to more than double profit by 2018 as the maker of Iveco trucks and New Holland tractors sets its sights on expansion in Asia.

Lender Operations

CNH Industrial Capital portfolio falls 2.4% in Q1

byJohnnie Martinez II

May 1, 2025

CNH Industrial Capital’s originations fell in the first quarter as penetration rates improved despite lower agricultural and construction equipment sales...

An AGCO Corp. Challenger tractor pulls a Bourgault Tillage Tools Ltd. air seeder while planting canola seeds on a farm near St. Francois Xavier, Manitoba, Canada on Thursday, May 9, 2019. Prime Minister Justin Trudeau's government is expanding a loan program for farmers and launching a trade mission to Japan and South Korea as Canadian canola exports get caught up in a diplomatic feud with China.

Agriculture

Agco sales sink 30% in Q1

byQuinn Donoghue

May 1, 2025

Farm equipment manufacturer Agco’s sales plunged in the first quarter amid tight cash flow for farmers and geopolitical friction, and...

Wheel loader excavator with backhoe unloading sand at eathmoving works in construction site

Lender Operations

Wingspire Equipment Finance secures $350M credit facility

byEquipment Finance News, AI Assisted

May 1, 2025

Wingspire Equipment Finance has secured a $350 million credit facility to expand its financing offerings for middle-market and sponsor-backed companies....

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Material Handling News Alert - Monthly update on financing trends shaping the material-handling sector

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Rentals News Alert - Monthly updates on rental market trends, utilization, rate shifts, fleet investments, and rental company performance

News

Rush, Penske F&I revenues fall in Q1

NFS Leasing rebrands as NFS Capital to drive growth

Global equipment manufacturers see materials sales slide

Brookline, Banc of California pull back equipment lending in Q1

Construction, industrial rental penetration hits record high

CNH Industrial Capital portfolio falls 2.4% in Q1

Agco sales sink 30% in Q1

Wingspire Equipment Finance secures $350M credit facility

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Dealer Operations

Premier Truck Group F&I revenue rises 12.5% YoY in Q2

Rush F&I revenue climbs 14.6% in Q2

Core capital goods orders rise 12.5% YoY in June

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