Equipment finance industry confidence dips in April as lenders await rate cuts
News that interest rate cuts might not materialize for several months has pushed confidence in the equipment finance sector slightly...
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Commercial truck sales decline in first quarter
Overall sales for commercial trucks declined in the first quarter of 2024 as high-interest rates and prices pushed down demand...
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Wintrust outstandings up in first quarter
Financier Wintrust Specialty Finance reported its overall outstandings increased in the first quarter to $3.6 billion, up from $3.4 billion...
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Electrification hesitation as haulers evaluate hydrogen
Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery...
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Volvo Financial Services new business volume down 5% in quarter
Volvo Financial Services’ new business volume dropped 5% in the first quarter of 2024 as the number of units it...
Read moreDetailsVolvo North American orders drop amid inventory management
Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply...
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Smaller operators waiting for more fleet electrification
State and federal regulators continue to push for commercial and fleet electrification while some smaller operators are waiting on their...
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Lender earnings roundup: Funding volumes up
Business volume, both new and existing, is on the rise for equipment finance lenders, based on recent first-quarter earnings reports....
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