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News

A builder drives a Terex Corp. ride-on roller past an excavator during house construction at Persimmon Plc's St. Andrew's Park residential housing development in the Uxbridge district of London, U.K., on Monday, Aug. 18, 2014. Persimmon, the U.K.'s largest homebuilder by market value, said sales of houses and apartments rose 28 percent in the first half as demand from buyers increased.

Lender Operations

Podcast: Interest rates separating asset financiers from balance sheet lenders

byJohnnie Martinez II

January 13, 2025

Global interest rate concerns will test the resolve of equipment financiers in 2025. With dealers right-sizing and reducing fleets to...

A Mercedes-Benz autonomous haulage truck manufactured by Daimler.

Transportation

Daimler-backed autonomous trucking firm expands

byQuinn Donoghue

January 13, 2025

Torc Robotics, an autonomous trucking technology provider and independent subsidiary of Daimler Truck, is expanding its footprint as it works...

A Caterpillar Inc. Equipment Dealer Ahead Of Earnings

Lender Operations

Trinity Capital reports record $1.2B in funding for 2024

byEquipment Finance News, AI Assisted

January 13, 2025

Trinity Capital announced a record-breaking year with $1.2 billion in total funding for 2024, fueled by $297 million of investments...

Wells Fargo & Co. signage is displayed on the Wells Fargo Center skyscraper in Los Angeles, California, U.S., on Thursday, April 19, 2018. Wells Fargo & Co.'s financial ties to gunmakers and the National Rifle Association have prompted the American Federation of Teachers to remove the bank from its list of recommended mortgage lenders.

Lender Operations

CLFP Foundation announces 16 new certified lease & finance professionals

byEquipment Finance News, AI Assisted

January 13, 2025

The Certified Lease & Finance Professional Foundation has announced that 16 individuals have successfully passed the online proctored CLFP exam,...

Lender Operations

UMB Financial nears acquisition of Heartland Financial

byEquipment Finance News, AI Assisted

January 13, 2025

UMB Financial Corporation is one step closer to acquiring bank holding company Heartland Financial USA, highlighting the company's growth. Kansas...

A worker harvests rice at a farm in Pace, Mississippi.

Agriculture

US farm recovery not expected until 2026 as crop prices stay low

byBloomberg News

January 13, 2025

Low crop prices and high costs for seeds and machinery mean a rebound in the American farm sector won’t start...

Construction

Old equipment squeezes used-construction equipment values

byQuinn Donoghue

January 10, 2025

Dealers chipped away at their piles of used construction equipment in December, but older-model-year inventory and a volatile auction market...

A tow truck sits next to an Arrow Trucking Co. tractor at the company's headquarters in Tulsa, Oklahoma, U.S., on Monday, Jan. 4, 2010. Arrow Trucking Co., the 61-year-old Tulsa-based flatbed carrier, suspended operations on Dec. 22, 2009, laying off employees and stranding scores of drivers by cancelling fuel credit cards, Tulsa World reported. Federal Authorities later issued an emergency order to executives to retrieve company trucks and trailers from truck stops and parking areas around the country.

Transportation

Modest trucking market improvement forecast

byJohnnie Martinez II

January 10, 2025

Trucking market forecasts signal modest improvement in the sector in 2025 as rates, volumes and utilization improve from 2024, but...

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News

Podcast: Interest rates separating asset financiers from balance sheet lenders

Daimler-backed autonomous trucking firm expands

Trinity Capital reports record $1.2B in funding for 2024

CLFP Foundation announces 16 new certified lease & finance professionals

UMB Financial nears acquisition of Heartland Financial

US farm recovery not expected until 2026 as crop prices stay low

Old equipment squeezes used-construction equipment values

Modest trucking market improvement forecast

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