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News

Excavators in a 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.

Construction

RB Global reports $250M in equipment sales at auction

byEquipment Finance News, AI Assisted

February 27, 2025

Equipment auctioneer Ritchie Bros., a subsidiary of commercial vehicle marketplace RB Global, sold more than 16,000 trucks, other vehicles and...

An employee drives a narrow aisle truck, manfactured by Hyster Co., in the tunnel system at the Cigeo project, a nuclear laboratory and underground storage facility site operated by National Agency for Radioactive Waste Management (Andra), in Bure, France, on Monday, March 25, 2019. France, which produces more nuclear waste per-capita than any other country, is the world's second-biggest producer of nuclear energy, just behind the U.S. and just ahead of China.

Material Handling

Hyster-Yale revenue increases on strong Americas performance

byJohnnie Martinez II

February 26, 2025

Revenue for material handling manufacturer Hyster-Yale rose for the full year 2024 as dealer and direct sales in the Americas...

Isuzu Motors Ltd. trucks bound for shipment at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022. Isuzu Motors is scheduled to release earnings figures on November 9.

Transportation

Isuzu, Shyft Group expand partnership

byEquipment Finance News, AI Assisted

February 26, 2025

Truck OEM Isuzu North America has strengthened its long-standing partnership with parts manufacturer The Shyft Group as it transitions to...

Equipment manufacturers JCB, JLG push parts commonality

Lender Operations

NFS Leasing equipment financing originations jump 34%

byEquipment Finance News, AI Assisted

February 26, 2025

Equipment finance and leasing firm NFS Leasing fattened its portfolio in 2024. The Beverly, Mass.-based lender reported a 34% increase...

John Deere signage at a United Ag and Turf dealership in Colchester, Connecticut, US, on Friday, Nov. 3, 2023. Deere & Co. is expected to release earnings figures on November 22.

Agriculture

Deere investors reject DEI challenges

byEquipment Finance News, AI Assisted

February 26, 2025

John Deere investors overwhelmingly rejected a resolution challenging the company's diversity, equity, and inclusion (DEI) efforts, with only 1.3% of...

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

Opportunity outweighs digital adoption costs

byJohnnie Martinez II

February 25, 2025

The opportunities that come with a digital workflow in the equipment finance industry now exceed the cost to adopt new...

Volvo, Kubota invest in AI-driven tech firms

Transportation

Used-truck auction highlights late-model pricing gaps

byQuinn Donoghue

February 25, 2025

The used-truck market may be stabilizing, but huge pricing gaps between late-model units are creating uncertainty for dealers that take...

CORTE MADERA, CALIFORNIA - JULY 28: A Polestar electric car prepares to park at an EV charging station on July 28, 2023 in Corte Madera, California. Seven major automakers announced plans earlier this week to increase the number of high-powered electric vehicle chargers in the country with 30,000 new charging stations along highways and in urban areas. According to the Energy Department, there are currently an estimated 32,000 chargers across the country.

Transportation

US to shut off electric-vehicle chargers at federal buildings

byBloomberg News

February 25, 2025

Federal buildings across the US have been ordered to shut off electric-vehicle chargers, according to a person familiar with the...

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News

RB Global reports $250M in equipment sales at auction

Hyster-Yale revenue increases on strong Americas performance

Isuzu, Shyft Group expand partnership

NFS Leasing equipment financing originations jump 34%

Deere investors reject DEI challenges

Opportunity outweighs digital adoption costs

Used-truck auction highlights late-model pricing gaps

US to shut off electric-vehicle chargers at federal buildings

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Scag Power Equipment partners with Huntington, Octane

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