Mechanic shortages cause headaches for dealers
NASHVILLE – Equipment dealers are struggling to hire and retain qualified technicians, which presents complications for their parts and services...
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Fed Says More Banks Tightened Loan Standards to Start 2024
More US banks reported stricter credit standards in the first quarter, according to the Federal Reserve. The net share of...
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3 key themes to watch at Equipment Finance Connect
NASHVILLE — The equipment finance industry is seeing a slight downturn as interest rates remain elevated and banks tighten their...
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Rate increases help corporate rental houses overcome inflation
H&E Equipment Services, Herc Rentals and United Rentals posted equipment rental revenue growth in the first quarter as rate increases...
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CNH Industrial Capital originations rise 11%
CNH Industrial Capital originations grew in the first quarter as appetite increased for the captive’s offerings, while delinquencies rose, parent...
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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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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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