Rivian embedding AI in commercial EVs
Rivian is embedding AI into EVs as it looks to expand offerings and meet customer needs. Approximately 20% of the...
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News
Used heavy-duty truck inventory sinks 22% YoY
Strong demand for late-model trucks boosted the used heavy-duty market in February, but repossessions spelled trouble for the medium-duty sector...
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QuickFi named ‘Best Overall LendTech’
Equipment finance service provider QuickFi was named “Best Overall LendTech Company” at the ninth annual FinTech Breakthrough Awards today, the...
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XCMG subsidiary integrates with DeepSeek AI to advance industrial intelligence
XCMG Hanyun, a leader in industrial internet solutions under XCMG Machinery, has integrated with DeepSeek to enhance industrial intelligence. This...
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Fed holds rates, sees slower growth and higher inflation
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower...
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ELFA’s bespoke AI tool highlights tech practicality
As new technologies emerge in the industry, equipment lenders can take advantage of relatively simple AI tools to test the...
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Elevated equipment inventories boosting rental activity
Elevated equipment inventories, especially in the construction and material handling sectors, are contributing to growth in the equipment rental market. ...
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Gather AI creates camera system to streamline material handling ops
Warehouse technology provider Gather AI has pulled back the curtain on Material Handling Equipment (MHE) Vision, an AI-powered camera system...
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