Elevated inventories still pressuring equipment dealers
Elevated inventories created by post-pandemic supply chain normalization are exerting more pressure on equipment dealers as high interest rates drive...
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News
Caterpillar highlights October staffing shuffles
Manufacturers, dealers and lenders in the heavy-equipment industry have seen leadership changes over the past month. Keene newest Caterpillar...
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Orders for US durable goods decline on aircraft bookings
New orders placed with US factories for durable goods declined in September as a drop in bookings for commercial aircraft...
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Growing rental activity presents opportunity for dealers, lenders
Equipment dealers and lenders are looking to capitalize on growing demand for rental equipment as the used-equipment market adjusts ahead...
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Equipment lenders’ confidence high
Equipment financiers are more confident than they’ve been in years and expect small businesses to ramp up buying amid broader...
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Lower rates fuel fastest pace of US home sales in over a year
New-home sales in the US jumped to a more than one-year high in September as customers responded to more incentives...
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Equipment dealers, lenders get creative to help small businesses
Heavy-equipment dealers and lenders are getting creative to help the industry’s “little guys” find financing. Ingenuity has become crucial in...
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Private networks lead to more profit, John Deere’s Wallin says
Agricultural giant John Deere is leveraging 5G connectivity to improve the efficiency of its manufacturing and operations. Deere in March said it...
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