Penske Truck Leasing unveils fleet management AI
Transportation service provider Penske Truck Leasing has unveiled an artificial intelligence platform designed to give customers real-time access to fleet...
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News
Fed cites lack of progress on inflation, holds rates steady
The Federal Reserve signaled fresh concerns about inflation as it reaffirmed it needs more evidence that price gains are cooling...
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Iowa farm co-op Landus creates tech startup aimed at growers
Landus, Iowa’s biggest agricultural cooperative, is creating a new tech company it says will provide farmers with services such as...
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PACCAR Financial Services revenue up more than 18%
PACCAR Financial Services, the financing arm of Bellevue, Wash.-based truck maker PACCAR, saw record first-quarter revenues of $509.3 million amid...
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Farm equipment industry faces prolonged downturn
Farmers continue to feel the impact of higher interest rates, lower commodity prices and rising costs, putting pressure on the...
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Tax-exempt equipment financing attracts state, local governments
Interest in tax-exempt equipment financing is strong as cities, counties, school districts, fire districts and other government agencies have...
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Bank consolidation heats up again
Bank consolidations related to equipment and commercial finance are heating up as regional banks continue to navigate the high interest...
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New business volume down 7% YoY in March
New business volume in the equipment finance sector declined year over year in March but shot up from February. Overall...
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