Rental revenue down at Ryder System in Q4
Rental revenue fell at truck and van supplier Ryder System but increased at heavy equipment supplier Herc Rentals, according to...
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Aftermarket revenue shines in Rush Enterprises’ Q4 earnings
Commercial truck dealer Rush Enterprises’ aftermarket products and services revenue jumped in 2023 in tandem with rising truck sales and...
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Dealers as consultants help keep customers coming back
Commercial equipment and truck dealers should take a more advisory approach to financing to help drive sales and keep customers...
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Farm profits expected to decline for 2nd year
Farmers in 2024 could be facing a decline in profits for the second year in a row. Net farm income,...
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Terex order backlog drops but remains at 3x historical average
Equipment manufacturer Terex trimmed its order backlog in 2023 by 18% but the company’s surplus of orders still outweighs its...
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Anderson Equipment, FMI Equipment, The Pete Store join EFC speaker faculty
Three major equipment dealers are set to take the stage at Equipment Finance Connect 2024 to discuss strategies for enhancing...
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Business impersonation fraud rises 10% YoY
Fraudsters are using fake businesses to secure funding for equipment, and dealers need to be aware this is on the...
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Fleet Advantage surpasses $1B lease volume in last 12 months
Specialty financing and fleet management firm Fleet Advantage exceeded $1 billion in syndicated lease volume in the last 12 months...
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