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News

Automation, standardization increase aftermarket product attachment

Lender Operations

Tag Manufacturing lands credit from Wingspire

byEquipment Finance News, AI Assisted

May 1, 2025

Wingspire Capital has provided a senior secured credit facility to TAG Manufacturing, a Chattanooga, Tenn.-based designer and manufacturer of attachments...

AGCO Corp tractors in Louisville, Kentucky.

Agriculture

Farm machinery’s slump lingers as tariffs add new risks

byBloomberg News

May 1, 2025

Farmers are still delaying equipment purchases as US President Donald Trump’s tariffs cloud demand for crops and risk further extending...

Lion C electric school buses outside the Lion Electric assembly plant in Saint-Jerome, Quebec, Canada, on Thursday, Oct. 13, 2022. Lion Electric Co. designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles, including seven mid range truck and bus models.

Transportation

Quebec government won’t rescue bankrupt bus maker Lion Electric

byBloomberg News

April 30, 2025

Canadian electric bus and truck maker Lion Electric Co. is unlikely to survive as the Quebec government turned down an...

A Caterpillar bulldozer at a construction site in Hudson, New York, US.

Lender Operations

Cat Financial originations climb 8% in Q1

byQuinn Donoghue

April 30, 2025

Cat Financial, the financing arm of equipment manufacturer Caterpillar, reported an uptick in revenue in the first quarter as it...

Equipment loan losses rise amid transportation loan deterioration

Lender Operations

TAB Bank loans total $67M in Q1

byEquipment Finance News, AI Assisted

April 30, 2025

Ogden, Utah-based TAB Bank provided more than $67 million in financing during the first quarter of 2025, supporting over 230...

Hino Motors Ltd. autonomous trucks travel in convoy during a demonstration at a test course in Hamura, Tokyo Metropolis, Japan, on Monday, May 21, 2018. The Japanese bus and truck maker said today it will aim to have vehicles capable of complete self-driving in limited areas as soon as 2025, including driverless convoys.

Transportation

Truck prices rise 5% MoM in April

byJohnnie Martinez II

April 30, 2025

The number of commercial trucks available for sale dropped in April as prices for new and used trucks also picked...

An excavator picks up wet cake from a barge to move it to a dump truck at the Port of Little Rock in Little Rock, Arkansas, US, on Thursday, April 3, 2025. Wall Street economists said the US risks a recession this year and inflation could return to pandemic levels following the Trump administrations announcement of major tariffs on global trading partners. PEAC

Rentals

PEAC, Exodus Global launch rental attachment financing program

byEquipment Finance News, AI Assisted

April 30, 2025

PEAC Solutions has introduced a financing program in partnership with Exodus Global to support rental companies PEAC Solutions' program aids...

The grille of a Kenworth T680E electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee. Paccar

Transportation

Paccar Financial Services revenues rise despite sales slump

byJohnnie Martinez II

April 29, 2025

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw revenues increase during the first quarter as portfolio quality...

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News

Tag Manufacturing lands credit from Wingspire

Farm machinery’s slump lingers as tariffs add new risks

Quebec government won’t rescue bankrupt bus maker Lion Electric

Cat Financial originations climb 8% in Q1

TAB Bank loans total $67M in Q1

Truck prices rise 5% MoM in April

PEAC, Exodus Global launch rental attachment financing program

Paccar Financial Services revenues rise despite sales slump

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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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