Used Class 8 retail sales climb 56% YoY as financing opens up
The used-truck market improved last month as retail sales surged, with lenders becoming increasingly confident and dealers finding better ways...
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ELFA, ELFF launch AI tool
The Equipment Leasing and Finance Association and the Equipment Leasing and Finance Foundation have launched an AI tool designed to...
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Unmanned crop dusters provide a new, safer way to farm
Crop dusting planes are a key tool for keeping banana plantations free from pests, but the practice causes significant environmental...
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Herc Rentals sees further industry consolidation
Herc Rentals sees an opportunity for further consolidation in the equipment rental industry as it looks to integrate its recent...
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Equipment lender confidence dip first in 4 months
Concerns over delinquencies and credit quality curtailed equipment lenders’ confidence this month, but optimism persists amid lower interest rates and...
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Scania, DHL to test electric truck with fuel-powered range extender
Scania and DHL Group have developed an electric truck with a fuel-powered generator to facilitate the transition to battery-electric road...
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AP Equipment Financing obtains $130M securitization facility
AP Equipment Financing is poised for growth after getting a capital infusion. Bend, Ore.-based AP Equipment Financing has secured a $130...
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F&I revenue slides for Rush, Penske in 2024
Rush and Penske Automotive Group reported a drop in finance and insurance revenue in 2024 as lingering effects of a...
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