Trucking inventory glut continues in March
Inventory levels in all segments of the trucking market were up year over year in March, putting pressure on dealers....
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Truck dealers navigate used inventory challenges
Equipment dealers and asset managers continue to navigate the challenges of the used-truck market, amid fluctuating values, inventory and prices. ...
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Orders for Class 8 trucks drop 8.7% in March
Orders Class 8 trucks in North America March decreased 8.7% year over year, according to data from industry analytics firm...
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‘Collaborative’ approaches to combating insurance fraud are key
Fraud in the equipment finance business continues to persist and the industry could cope with the rising number of bad...
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Rising truck defaults, delinquencies expected to persist
Defaults and delinquencies continue to plague the equipment finance industry, and the transportation segment is still feeling it most. While...
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Payrolls in US construction industry rise by most since May 2022
US construction firms boosted payrolls last month by the most since May 2022, helping the overall labor market nail down...
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Cass Commercial Bank launches equipment finance division
St. Louis-based Cass Commercial Bank has entered the equipment finance market as a middle- and large-ticket lender. Cass Equipment Finance,...
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Discounting equipment finance transactions can be a disclosure issue
As states enact tougher disclosure requirements, equipment discounters who serve as financiers face more disclosures than their broker counterparts. State...
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