Higher new business originations boost Cat Financial’s earnings
Caterpillar’s equipment financing arm, Cat Financial, posted increased revenues in the first quarter of 2024, following strong profit margins in...
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Transportation equipment leads durable, core capital goods orders growth
New orders for durable goods and core capital goods increased again in March as companies continued to navigate rising interest...
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Rush Enterprises’ aftermarket revenue ebbs as freight volumes decrease
Commercial truck dealer Rush Enterprises’ aftermarket revenue from services and parts flattened in the first quarter of 2024, a trend...
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H&R Agri-Power stresses F&I amid tight financing
Agriculture equipment dealer H&R Agri-Power is emphasizing strong finance and insurance operations as high interest rates persist and customers seek...
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Ryder System selling off vehicles as rental revenue slides in Q1
United Kingdom-based fleet manager Ryder System’s rental revenue slid 4.54% year over year in the first quarter of 2024, pushing...
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Weakened demand for business loans in 4th quarter: ELFF survey
Investment into real equipment and software for the equipment financing market is expected to grow 2.2% in 2024, despite weakened...
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Special Counsel Mehul Madia joins Equipment Finance Connect faculty
Mehul Madia, special counsel at Sheppard Mullin Richter & Hampton’s Washington, office, will discuss best practices for dealers to navigate...
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Agnellis’ CNH taps Iveco’s Gerrit Marx as new chief executive
CNH Industrial NV, the tractor and construction machinery maker controlled by Italy’s billionaire Agnelli family, appointed Gerrit Marx its new...
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