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News

Lender Operations

Independent lenders fill ‘critical gaps’ as banks pull back

byQuinn Donoghue

January 22, 2025

Independent equipment lenders are capitalizing on their flexibility and personalized service to fill funding gaps created by banks’ growing conservatism. ...

Heavy construction equipment at a new home building site in an area of green belt land in Crowthorne, UK, on Monday, Aug. 19, 2024. UK property surveyors expect a jump in home sales in the coming months after the Bank of England cut interest rates for the first time in more than four years.

Rentals

Opportunity knocks: Rental gross margins a dealer profit center

byJohnnie Martinez II

January 22, 2025

Large rental houses and equipment-as-a-service providers continue to see double-digit growth on the back of large profit margins and equipment...

Agriculture

John Deere disputes FTC lawsuit over self-repair capabilities

byEquipment Finance News, AI Assisted

January 22, 2025

John Deere responded to a Federal Trade Commission lawsuit alleging the company withheld self-repair capabilities from farmers and independent repair...

Lender Operations

First Busey Corp. receives approval for CrossFirst merger

byEquipment Finance News, AI Assisted

January 22, 2025

First Busey Corporation, the holding company for Busey Bank, announced it has received Federal Reserve approval to acquire CrossFirst Bankshares,...

Artificial intelligence (ai), machine deep learning, data mining, expert system software, and another modern computer technologies concepts. brain representing artificial intelligence and businessman holding futuristic tablet.

Lender Operations

Podcast: Tech plays a growing role in equipment finance M&A

byJohnnie Martinez II

January 21, 2025

AI and technology advances are shaping the equipment finance industry and playing a role in mergers and acquisitions. THe Alta...

Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.

Transportation

Used-truck retail sales surge 23%

byQuinn Donoghue

January 21, 2025

Used-truck sales spiked in December as fleet owners took advantage of favorable deals ahead of continued price hikes while benefiting...

H&E Equipment Services posts record rental revenue

Rentals

Rent-to-rent rentals key to equipment business development

byJohnnie Martinez II

January 18, 2025

ORLANDO, Fla. — Equipment rentals for the primary purpose of re-renting are a key component to successful development of an...

Hino Motors Ltd. autonomous trucks travel in convoy during a demonstration at a test course in Hamura, Tokyo Metropolis, Japan, on Monday, May 21, 2018. The Japanese bus and truck maker said today it will aim to have vehicles capable of complete self-driving in limited areas as soon as 2025, including driverless convoys.

Transportation

Hino agrees to $1.2B settlement over emissions issues in U.S.

byEquipment Finance News, AI Assisted

January 17, 2025

Japanese commercial vehicle manufacturer Hino Motors has agreed to pay $1.2 billion to federal and California authorities to resolve a...

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

News

Independent lenders fill ‘critical gaps’ as banks pull back

Opportunity knocks: Rental gross margins a dealer profit center

John Deere disputes FTC lawsuit over self-repair capabilities

First Busey Corp. receives approval for CrossFirst merger

Podcast: Tech plays a growing role in equipment finance M&A

Used-truck retail sales surge 23%

Rent-to-rent rentals key to equipment business development

Hino agrees to $1.2B settlement over emissions issues in U.S.

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Dealer Operations

Core capital goods orders rise 12.5% YoY in June

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Scag Power Equipment partners with Huntington, Octane

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