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News

Track marks scar the ground near a row of Caterpillar Inc. equipment at the Altorfer Cat dealership in East Peoria, Illinois, U.S., on Tuesday, July 21, 2015. Caterpillar Inc. is scheduled to report quarterly earnings on July 23.

Dealer Operations

Dealers, lenders collaborate to offload old equipment

byQuinn Donoghue

February 14, 2025

Equipment dealers and lenders are joining forces to offload older inventory that still has plenty of life left in the...

A worker operates a New Holland backhoe loader during construction at the Porto Maravilha project in Rio de Janeiro, Brazil, on Thursday, Jan. 22, 2015. With the main projects at the port scheduled for completion before the 2016 Olympics, Rio de Janeiro Mayor Eduardo Paes aims to redraw the image of the city and reinvent a dilapidated region by luring residents and companies.

Lender Operations

TFS Financial launches dealer-focused platform

byEquipment Finance News, AI Assisted

February 14, 2025

TFS Financial has launched a captive finance platform designed to provide heavy-equipment dealers with a full suite of financing solutions....

Agriculture

Deere financial services provisions for credit losses double

byJohnnie Martinez II

February 13, 2025

Deere & Co.’s financial services provisions for credit losses increased in the first quarter amid a downturn for the agriculture...

Rentals

Rental house reign continues as Herc, United revenues jump

byQuinn Donoghue

February 13, 2025

Equipment rental houses Herc Rentals and United Rentals capitalized on surging demand in 2024 and made several plays in the...

Lender Operations

Mitsubishi HC Capital America CDO Johanneson joins Equipment Finance Connect

byJohnnie Martinez II

February 13, 2025

Equipment Finance News is pleased to announce that Mitsubishi HC Capital America’s Chief Digital Officer and Executive Vice President Christopher...

ISUZU ANNOUNCES THE ESTABLISHMENT OF A NEW PRODUCTION BASE IN SOUTH CAROLINA

Transportation

Isuzu establishes South Carolina production facility

byEquipment Finance News, AI Assisted

February 13, 2025

Isuzu North America announced a new production base in Greenville County, S.C., to expand its vehicle supply capabilities ahead of...

Semi-trucks 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

Transportation

Tiger Group plans bankruptcy auction for used trucks

byEquipment Finance News, AI Assisted

February 13, 2025

The auction market for used commercial vehicles is about to get tested. Financial services firm Tiger Group on Feb. 19 will conduct...

Business man hand controls computer room

Lender Operations

Dealers, lenders must balance speed, accuracy in digital age

byQuinn Donoghue

February 12, 2025

Equipment dealers and lenders are closing deals faster than ever amid the digital revolution, but collaboration is key as they...

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Transportation News Alert - Monthly updates on trucking, vocational vehicles, and market indicators impacting transportation assets

Rentals News Alert - Monthly updates on rental market trends, utilization, rate shifts, fleet investments, and rental company performance

News

Dealers, lenders collaborate to offload old equipment

TFS Financial launches dealer-focused platform

Deere financial services provisions for credit losses double

Rental house reign continues as Herc, United revenues jump

Mitsubishi HC Capital America CDO Johanneson joins Equipment Finance Connect

Isuzu establishes South Carolina production facility

Tiger Group plans bankruptcy auction for used trucks

Dealers, lenders must balance speed, accuracy in digital age

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Dealer Operations

Core capital goods orders rise 12.5% YoY in June

Premier Equipment Solutions selects Chasi AI for dealership platform

Scag Power Equipment partners with Huntington, Octane

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