Fed’s Collins says uncertainties point to slower cuts in 2025
Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as...
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US dockworkers, employers reach deal to avert strike
A US dockworkers union reached a tentative deal on a new labor contract with a group of ocean carriers and...
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KYC compliance crucial as equipment financiers go digital
Adhering to Know Your Customer regulations is more crucial than ever as equipment financiers increasingly embrace digital solutions and face...
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Volvo Group targets net zero emissions by 2040
Commercial equipment manufacturer Volvo Group is targeting net zero emissions for the company's entire production line, including trucks and equipment,...
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Amur, North Mill achieve record annual originations
Equipment financiers Amur and North Mill finished 2024 with record originations in a climate where independent financiers are growing as...
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Class 8 truck orders jump 40% in December
Heavy-duty and medium-duty trucking sectors landed on opposite ends of the spectrum in December, highlighting the industry’s recent improvements and...
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AgTech startup Inari raises equity at $2.17B valuation
Massachusetts agtech startup Inari Agriculture Inc. said it raised $144 million of new equity at a $2.17 billion valuation, a...
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Dealers refresh rental fleets as OEMs push new equipment
Heavy-equipment dealers are working to purge their rental fleets to make way for new gear as OEM production returns to...
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