Ford commercial trucking arm eyes increased software attachment
Ford Pro, Ford Motor Co.’s commercial trucking arm, is looking to double its software attachment rates by 2026 as the...
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John Deere’s +2,100 dealerships face lean times as ag yields plummet
John Deere’s stock dipped on the heels of the company’s latest earnings report as the outlook for the agricultural industry...
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Medium-duty construction inventory jumps 46%
Asking and auction values for medium-duty construction equipment drifted further apart in July as the value gap neared historic levels...
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Turning techy: Best practices for AI implementation
As artificial intelligence use becomes more common in the equipment finance industry, developing best practices is key to successful implementation. ...
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Alta Equipment material handling revenue up 25% YoY
Alta Equipment Group’s material handling revenue rose in the second quarter as the company benefited from exclusive territories and a...
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Best practices for combating first-party fraud
As rising interest rates persist and credit conditions tighten, vendors and lenders are facing an uptick in first-party fraud. First-party...
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Rental industry fleet utilization down 10%
Equipment rental companies Herc Rentals, Ryder System and United Rentals saw rental fleet utilization rates decline in the second quarter...
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Hyster-Yale Americas shipments rise 32% YoY as backlog eases
Material-handling manufacturer Hyster-Yale increased second-quarter shipments to the Americas as product backlogs eased. Shipments grew 31.7% year over year in...
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