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News

Attendees at a career fair in Bolivia, North Carolina.

Lender Operations

Here are the takeaways from the US jobs report for August

byBloomberg News

September 6, 2024

Here are the key takeaways from the US employment report for August released Friday: Nonfarm payrolls rose by 142,000, which...

A Toro Co. lawnmower containing a Briggs & Stratton Corp. motor is displayed for sale at The Mower Shop in Louisville, Kentucky, U.S., on Tuesday, July 21, 2020. Briggs & Stratton can initially borrow as much as $178 million under its proposed bankruptcy loan, but a judge denied a request to seal the letter outlining JPMorgan Chase & Co.'s fees for arranging the financing.

Agriculture

Toro Co.’s Red Iron originations drop again

byJohnnie Martinez II

September 5, 2024

Outdoor power equipment manufacturer The Toro Co.’s financing joint venture experienced another decline in originations in the third quarter as...

A farmer and his dog climb into a combine to harvest winter wheat in Corn, Oklahoma, U.S., on Wednesday, June 15, 2022.

Agriculture

US sees farm income falling less than expected to $140B

byBloomberg News

September 5, 2024

US farmers are poised to see a smaller-than-expected drop in income this year, down only 4.4% from 2023 even as...

Karin Radstrom, chief executive officer of Daimler Truck Holding AG, beside the Mercedes-Benz eActros LongHaul electric truck at the IAA Transportation show in Hanover, Germany, on Monday, Sept. 19, 2022. Global leaders Daimler Truck Holding AG and Volvo AB are joining dozens of commercial-vehicle makers in Germany this week to showcase their latest electric semis, with more zero-emissions vehicles debuting at the IAA Transportation show than ever before.

Transportation

Daimler Truck names Radstrom CEO as demand deteriorates

byBloomberg News

September 5, 2024

Daimler Truck Holding AG named Karin Radstrom as its next chief executive officer, as the German truckmaker races to tackle...

A Bobcat Rogue X all-electric and autonomous concept compact track loader during the ConExpo-Con/Agg tradeshow in Las Vegas, Nevada, US, on Tuesday, March 14, 2023. The convention, which takes place every three years, expects 130,000 attendees.

Material Handling

Bobcat, Doosan Robotics end merger talks

byJohnnie Martinez II

September 4, 2024

Doosan will no longer merge Doosan Bobcat with Doosan Robotics due to regulatory and industry scrutiny. Plans to combine the...

Construction outside a building in Bellevue, Washington, US, on Thursday, July 18, 2024. Deep divides in US cities leave troubled economies in downtown areas.

Rentals

Sunbelt U.S. rental revenue rises 6% to $2.2B

byJohnnie Martinez II

September 3, 2024

Sunbelt Rentals’ rental revenue in the United States grew as volume and rates remained strong in the first quarter of...

A semi-truck hauls a container at the Sociedad Portuaria Regional de Cartagena (SPRC) terminal at the Port of Cartagena in Cartagena, Colombia, on Thursday, Dec. 9, 2021. Colombia's exports rose to $3.795b in October from $3.573b in September.

Transportation

Tight lending environment pressures transportation market

byJohnnie Martinez II

August 30, 2024

Continued tightness in the transportation lending market is a concern for dealers and auctioneers ahead of the new model year. ...

A Massey Ferguson tractor at the Farm Progress Show.

Agriculture

Used tractors and thrifty growers dominate biggest US farm show

byBloomberg News

August 30, 2024

Fancy new technology usually is the star at trade shows. But at the Farm Progress Show, the largest outdoor agriculture event...

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News

Here are the takeaways from the US jobs report for August

Toro Co.’s Red Iron originations drop again

US sees farm income falling less than expected to $140B

Daimler Truck names Radstrom CEO as demand deteriorates

Bobcat, Doosan Robotics end merger talks

Sunbelt U.S. rental revenue rises 6% to $2.2B

Tight lending environment pressures transportation market

Used tractors and thrifty growers dominate biggest US farm show

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