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News

News

Financing, supply chain weigh on heavy equipment industry

byQuinn Donoghue

October 17, 2024

LOUISVILLE, Ky. — Tight lending standards, lingering supply chain issues and a lack of skilled operators are challenging lenders and...

Deere & Co. John Deere combine harvesters sit on display during the Farm Progress Show in Boone, Iowa, U.S., on Tuesday, Aug. 28, 2018. The show, sponsored by Farm Progress Co. and owned by Penton Media, is billed as the largest outdoor farm show in the U.S.

Agriculture

Deere announces more layoffs in Iowa, Illinois during farm slump

byBloomberg News

October 17, 2024

Deere & Co. is laying off an additional nearly 300 people in Iowa and Illinois as demand for farm equipment...

Workers build homes in Lillington, North Carolina.

Construction

US homebuilder sentiment reaches four-month high on 2025 outlook

byBloomberg News

October 17, 2024

Sentiment among US home builders jumped to a four-month high this month, with the prospect of lower mortgage rates fueling...

Masked hacker wearing a balaclava sitting at a desk downloading private information off a computer. Avoiding fraud.

Lender Operations

Lending fraud jumps in the equipment industry

byQuinn Donoghue

October 16, 2024

Equipment financiers are enhancing their anti-fraud strategies through new technology, third parties, training programs and other measures amid increased lending...

New Mercedes trucks and vans at a Daimler AG truck center in Kalbach, Germany, on Thursday, Feb. 4, 2021. Daimler is moving ahead with plans for an initial public offering of its sprawling heavy-truck unit in what could be one of Germanys largest share sales ever.

Transportation

Used-truck inventories fall ahead of possible glut

byQuinn Donoghue

October 15, 2024

Used-truck inventory declined in all major categories last month, but prices have yet to reflect recent improvements in the industry. ...

Transportation

Trade groups, dealers respond to new EV regulation

byQuinn Donoghue

October 14, 2024

A plethora of financial incentives have led to a surge in EV commercial truck sales in California, but dealers may...

Equipment finance executives evaluate importance of vetting financing partners

Dealer Operations

Diamond Equipment, Mitsubishi HC Capital America leaders join used-equipment webinar

byJohnnie Martinez II

October 14, 2024

Justin Jones, corporate sales manager at Diamond Equipment in Nashville, Tenn., and Joe Lundvick, senior vice president and head of...

The Glories tower beyond residential building construction sites in Barcelona, Spain on Friday, March 22, 2024. In Barcelonas designated stressed residential market areas, new tenants are now entitled to a rent level no higher than the last lease agreement from the previous five years.

Rentals

Equipment rental, leasing prices increase in September

byJohnnie Martinez II

October 11, 2024

Equipment rental and leasing prices increased slightly in September as the Federal Reserve’s rate cut and market momentum signal strength...

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

News

Financing, supply chain weigh on heavy equipment industry

Deere announces more layoffs in Iowa, Illinois during farm slump

US homebuilder sentiment reaches four-month high on 2025 outlook

Lending fraud jumps in the equipment industry

Used-truck inventories fall ahead of possible glut

Trade groups, dealers respond to new EV regulation

Diamond Equipment, Mitsubishi HC Capital America leaders join used-equipment webinar

Equipment rental, leasing prices increase in September

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