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News

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...

Agriculture

Used ag equipment market mixed as dealer inventory concerns persist

byJohnnie Martinez II

April 14, 2025

Used agriculture equipment inventories and values improved at auction in March, but dealers continue to face inventory challenges. High-horsepower tractor...

An office worker studies electronic diagrams on a computer at control-panel maker Hinoden Electric Industries Ltd., in Matsue, Shimane, Japan, on Friday, July 12, 2024. After decades of deflation, many smaller companies dont know how to ask for more money, preventing a healthy wage-price cycle from taking root.

Lender Operations

AILCO adopts LTi’s platform to streamline equipment finance

byEquipment Finance News, AI Assisted

April 14, 2025

LTi Technology Solutions, a global provider of equipment finance software, announced that AILCO has successfully transitioned to ASPIRE, its financial...

Dakota Financial, A digital display representing an AI-powered neural quantum processor in the Samsung Electronics Co. hall at the IFA Consumer Electronics and Home Appliances trade fair in Berlin, Germany, on Thursday, Aug. 31, 2022. Inflation slowed less than expected in Germany, offering European Central Bank officials a partial picture of the regions price pressures as they judge whether to raise interest rates again.

Lender Operations

Tech firms mull tools to mitigate tariff uncertainty

byQuinn Donoghue

April 11, 2025

From risk management to aggregating data, tech providers are mulling how AI can help equipment financiers navigate the uncertainty and...

Truck cranes stand on display among other heavy construction machinery for sale at the Ritchie Bros. auction in Ocana, Spain, on Thursday, Sept. 13, 2012. Spain's Prime Minister Mariano Rajoy, who has been calling for central bank purchases of government bonds since taking office in December, has spent six weeks hesitating since ECB President Mario Draghi said Aug. 2 that any aid would have conditions attached.

Lender Operations

Trinity Capital reports $71M equipment finance investment

byEquipment Finance News, AI Assisted

April 11, 2025

Trinity Capital, an alternative asset management firm, funded $220 million in total investments during the first quarter of 2025 and...

Lender Operations

CNH chief financial officer stepping down

byEquipment Finance News, AI Assisted

April 11, 2025

CNH announced a new chief financial officer, with the current CFO stepping down next month. Oddone Incisa is leaving and...

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