Orders for US business equipment decline by more than forecast
Orders placed with US factories for business equipment fell in March by more than expected, suggesting higher borrowing costs and...
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PACCAR Financial Services portfolio up 16%
PACCAR Financial Services, the finance arm of truck manufacturer PACCAR Inc., continued to grow its portfolio in the first quarter...
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Volvo North American truck, CE orders skyrocket
Swedish manufacturer Volvo’s North American truck and construction equipment orders jumped in the first quarter thanks to strong demand and...
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Huntington, Volvo Financial commercial outstandings rise as equipment market normalizes
Commercial financiers Huntington Bank and Volvo Financial Services’ commercial and industrial books grew in the first quarter as the equipment...
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Equipment finance execs: Recruitment a challenge
MCKINNEY, Texas — Equipment finance executives are working to attract new talent as the industry continues to face recruitment challenges. ...
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Outdoor Recreation Act to bolster equipment industry
America’s Outdoor Recreation Act of 2023 introduces three programs aimed at investment in outdoor recreation infrastructure poised to prop up...
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Ryder expands lease, rental fleet with EVs
Commercial vehicle rental and leasing company Ryder System is adding thousands of light-duty, electric vans to its fleet. Ryder is...
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A solution for ongoing labor shortage: DEI
Diversity, equity and inclusion offers a possible solution to the ongoing labor shortage affecting the equipment industry. The labor shortage...
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