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News

Lender Operations

Cat Financial sees 9% spike in revenue

byQuinn Donoghue

August 6, 2024

Cat Financial, the financing arm of construction equipment manufacturer Caterpillar, reaped the benefits of higher interest rates and retail business...

The New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 5, 2024. A selloff in the riskier corners of the global market deepened, with stocks plunging and traders rushing to the safety of bonds as concerns about a slowdown in the world's largest economy intensified.

Dealer Operations

Equipment finance stocks rebound after Monday dip

byJohnnie Martinez II

August 6, 2024

Equipment finance stocks are rebounding following an Aug. 5 decline as earnings and as large American companies bolster international and...

June truck orders decline amid overcapacity, elevated rates

Transportation

Charged up: Financiers prep for the EV future

byJohnnie Martinez II

August 5, 2024

Commercial EV financiers and charging manufacturers are aiming to meet customer needs in the transportation industry as new regulations loom. ...

Lender Operations

Where are US stocks headed? Here are the key levels to watch

byBloomberg News

August 5, 2024

The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and chart...

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. The market's reaction to the Federal Reserve's pivot toward interest-rate cuts this month has boosted expectations that would-be public companies may accelerate their IPO timelines.

Lender Operations

Fed says fewer banks tightened loan standards last quarter

byBloomberg News

August 5, 2024

A smaller share of US banks reported stricter credit standards in the second quarter, according to the Federal Reserve. The...

Transportation

Inside WattEV’s plan for commercial electrification

byJohnnie Martinez II

August 2, 2024

Commercial charging infrastructure provider WattEV is addressing commercial heavy-duty EV infrastructure, technology, and trucking as it looks to grow the...

Dealer Operations

Custom Truck One Source revenue drops 7.4%

byQuinn Donoghue

August 2, 2024

A bump in aftermarket parts and services revenue were silver linings in a disappointing second quarter for Custom Truck One...

A combine harvester cuts a field of wheat on a farm in the Lisowice district of Torun, Poland, on Friday, Aug. 11, 2023. Some of Ukraines European neighbors, including Poland, are extending a ban on purchasing some of the countrys grain until mid-September, a move that risks fueling tensions between Kyiv and its allies.

Agriculture

AGCO, Alamo Group report sales decline in Q2

byAidan Bush

August 2, 2024

Farm equipment dealers reported a continued decline in sales in the second quarter. Dealers AGCO and Alamo Group reported slowed...

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News

Cat Financial sees 9% spike in revenue

Equipment finance stocks rebound after Monday dip

Charged up: Financiers prep for the EV future

Where are US stocks headed? Here are the key levels to watch

Fed says fewer banks tightened loan standards last quarter

Inside WattEV’s plan for commercial electrification

Custom Truck One Source revenue drops 7.4%

AGCO, Alamo Group report sales decline in Q2

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Inventory financing shifts to ‘just in time’ as dealer demands change

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