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News

Lender Operations

Tamarack President Scott Nelson joins Equipment Finance Connect

byQuinn Donoghue

April 16, 2025

Scott Nelson, president and chief technology officer of software provider Tamarack Technology, will join Equipment Finance Connect 2025 to discuss...

A badge on a Lion C electric school bus at 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

Trump throws the electric school bus transition into chaos

byBloomberg News

April 16, 2025

From Rapides Parish, Louisiana to Oakland, California, tens of thousands of school children are participating in an electric bus revolution...

Construction

US homebuilder sentiment ticks up but tariffs weigh on outlook

byBloomberg News

April 16, 2025

US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more...

American Truck Dealers names Gelb president

Lender Operations

Truck pre-buy activity delayed as tariff concerns grow

byJohnnie Martinez II

April 15, 2025

As truck dealers and fleet managers delay truck orders due to tariff concerns, pre-buy activity related to upcoming emissions standards...

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

New truck sales sink as financing climate tightens

byQuinn Donoghue

April 15, 2025

New truck sales at dealerships are plummeting as the financing climate tightens, but favorable used-truck deals are providing some relief. ...

2023. Caterpillar Inc. is scheduled to release earnings figures on October 31.

Construction

Caterpillar CEO to step down

byEquipment Finance News, AI Assisted

April 15, 2025

Caterpillar Chairman and Chief Executive James Umpleby III will step down as CEO after eight years in the role and...

Larry Silber, president and chief executive officer of Herc Holdings Inc., center, rings the opening bell of the New York Stock Exchange (NYSE), in New York, U.S., on Friday, July 1, 2016. The U.S. IPO market may prove resilient, as markets bounce back from the aftershock of the U.K.'s decision to leave the European Union last week.

Rentals

Herc refiles H&E acquisition HSR notification with FTC

byEquipment Finance News, AI Assisted

April 15, 2025

Herc Holdings said it remains on track to close its proposed acquisition of H&E Equipment Services by mid-2025. As part...

An artificial intelligence (AI) sign at the MWC25 tech show in Barcelona, Spain, on Tuesday, March 4, 2025. The Mobile World Congress tech show runs March 3-6. Rapid Finance

Lender Operations

Podcast: Tech enables small lenders to compete with industry titans

byQuinn Donoghue

April 14, 2025

As tariffs shake the industry, using technology to create personalized financing will be crucial for smaller equipment lenders to compete...

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News

Tamarack President Scott Nelson joins Equipment Finance Connect

Trump throws the electric school bus transition into chaos

US homebuilder sentiment ticks up but tariffs weigh on outlook

Truck pre-buy activity delayed as tariff concerns grow

New truck sales sink as financing climate tightens

Caterpillar CEO to step down

Herc refiles H&E acquisition HSR notification with FTC

Podcast: Tech enables small lenders to compete with industry titans

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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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