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News

Dealer Operations

Former Koenig Equipment CEO Ray Koenig dies

byJohnnie Martinez II

January 24, 2025

Raymond Paul Koenig, former chief executive and president of the board at Botkins, Ohio-headquartered dealer Koenig Equipment, died on Dec....

Electrada, Duke Energy partner with Daimler to electrify fleets

Transportation

Fleet Advantage highlights 2024 achievements, innovations

byEquipment Finance News, AI Assisted

January 24, 2025

Fleet Advantage closed 2024 with significant accomplishments, including the addition of new clients and the management of over 30,000 units....

Transportation

EV maker Bollinger leverages partnerships for growth

byJohnnie Martinez II

January 23, 2025

Bollinger Motors plans to expand its share of the medium-duty commercial EV market through more partnerships, including with dealers, to...

A worker uses a Hyster-Yale Materials Handling Inc. pallete truck to load bags of cement at the Hercules cement plant, operated by PPC Ltd., in Pretoria, South Africa, on Thursday, Sept. 3, 2015. PPC Ltd., South Africa's largest cement maker, has drawn up a plan to generate 400 million rand ($34 million) in extra profit each year as the company seeks to improve performance amid a flagging share price.

Material Handling

Briggs Industrial promotes Wells to president

byQuinn Donoghue

January 23, 2025

A heavy-equipment supplier, an insurance provider, a fintech and several financial services firms reported key leadership changes in January. Wells...

A Nikola Tre battery-electric heavy duty truck on the Iveco test track at the Nikola Corp.-Iveco SpA joint venture electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Nikola Iveco Europe GmbH hosted an event where its partner Iveco -- the commercial-vehicle unit of CNH Industrial NV -- is preparing to start series production of Nikola Tre heavy-duty trucks by year-end.

Transportation

EV maker Nikola explores sale, partnerships with cash dwindling

byBloomberg News

January 23, 2025

Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling parts or all of the company,...

Newly manufactured New Holland T6 and T7 tractors stand parked in a yard ahead of shipping at CNH Industrial NV's assembly plant in Basildon, U.K., on Wednesday, July 2, 2014. CNH Industrial plans to more than double profit by 2018 as the maker of Iveco trucks and New Holland tractors sets its sights on expansion in Asia.

Dealer Operations

CNH launches AI tool to enhance dealer support

byEquipment Finance News, AI Assisted

January 23, 2025

CNH Industrial has introduced the AI Tech Assistant, a chatbot designed to help dealers of its agricultural and construction brands...

An AGCO Corp. Challenger tractor pulls a Bourgault Tillage Tools Ltd. air seeder while planting canola seeds on a farm near St. Francois Xavier, Manitoba, Canada on Thursday, May 9, 2019. Prime Minister Justin Trudeau's government is expanding a loan program for farmers and launching a trade mission to Japan and South Korea as Canadian canola exports get caught up in a diplomatic feud with China.

Lender Operations

DLL closes first U.S. securitization of 2025

byEquipment Finance News, AI Assisted

January 23, 2025

DLL, a global vendor finance company, has completed its first U.S. Asset-Backed Securitization (ABS) of the year. DLL issued $750...

Heavy equipment tech company expanding semi-autonomous capabilities

Dealer Operations

Commercial Fleet, C.H. Brown, Anderson Equipment join Equipment Finance News webinar

byQuinn Donoghue

January 22, 2025

Equipment industry lenders and dealers will come together for Equipment Finance News’ upcoming webinar “Dealers and Lenders: Solving Shared Challenges,”...

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News

Former Koenig Equipment CEO Ray Koenig dies

Fleet Advantage highlights 2024 achievements, innovations

EV maker Bollinger leverages partnerships for growth

Briggs Industrial promotes Wells to president

EV maker Nikola explores sale, partnerships with cash dwindling

CNH launches AI tool to enhance dealer support

DLL closes first U.S. securitization of 2025

Commercial Fleet, C.H. Brown, Anderson Equipment join Equipment Finance News webinar

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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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