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News

Excavators in the lot during a Ritchie Bros heavy equipment auction in Bolton, Ontario, Canada, on Tuesday, May 9, 2023. Ritchie Bros Auctioneers Inc., a Canadian firm that sells heavy equipment at auctions around North America, struck an agreement in November to buy IAA, which sells damaged and written-off vehicles. Antitrust

Rentals

RB Global, United Rentals call antitrust claims ‘meritless’

byJohnnie Martinez II

April 7, 2025

Equipment auctioneer and valuation firm RB Global and equipment rental company United Rentals are denying any wrongdoing alleged in class-action...

Agriculture

Stalled farm payments loom over ag equipment sector

byQuinn Donoghue

April 7, 2025

A slower-than-expected rollout of farm subsidies and tariff uncertainty are damaging farmer sentiment, possibly hindering equipment purchasing and driving up...

Construction

Mitsubishi HC Capital America, HD Hyundai form strategic financing partnership

byEquipment Finance News, AI Assisted

April 7, 2025

Mitsubishi HC Capital America has established a strategic financing partnership with HD Hyundai Construction Equipment North America to support construction...

Rentals

Herc, H&E, Sunbelt, Sunstate, United targeted in ‘cartel’ lawsuit

byJohnnie Martinez II

April 4, 2025

A new lawsuit aims to bust a “Rouse Cartel” allegedly formed by Rouse Services, RB Global and the big five...

Online documentation database and document management system concept. businesswoman working on laptop with virtual screen. process automation to efficiently manage files.

Dealer Operations

AI, data modeling paves way for truck financing, dealer ops

byQuinn Donoghue

April 4, 2025

From inventory management to frictionless financing, AI-driven data models are now at the fingertips of truck dealers, lenders and fleet...

Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, March 19, 2025. Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation.

Lender Operations

Powell signals Fed would respond to persistent inflation shock

byBloomberg News

April 4, 2025

Federal Reserve Chair Jerome Powell said the economic impact of new tariffs is likely to be significantly larger than expected,...

Attendees and traders fill the trading floor as Volkwagen AG's Traton SE truck unit makes its initial public offering (IPO) at the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, June 28, 2019. Volkswagen raised 1.55 billion euros ($1.8 billion) selling a stake in its trucks business, but only after pricing the offer at the low end of a target range to attract investors to one of Europes biggest initial public offerings this year.

Dealer Operations

Equipment stocks drop as tariff woes shake industry

byJohnnie Martinez II

April 3, 2025

Equipment stocks experienced a turbulent last few days as new tariffs continued to negatively affect the marketplace and create concerns...

A Ford dealership in Richmond, California, U.S., on Wednesday, Jan. 26, 2022. U.S. auto sales will climb just 3.4% this year to 15.4 million cars and trucks as the semiconductor shortages continue to constrain vehicle inventory, auto dealers predict.

Dealer Operations

Dealers adjust to growing demand for on-site services

byQuinn Donoghue

April 3, 2025

Commercial vehicle dealers are adapting to increased demand for maintenance and other services at their fleet customers’ sites. These...

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