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News

A worker monitors production at the DAF Trucks NV factory in Eindhoven, The Netherlands, on Friday, May 25, 2007. DAF Trucks NV, the Dutch division of U.S. truckmaker Paccar Inc., plans next month to increase daily production at its main plant by about 5 percent to 192 vehicles as European freight transport booms.

Transportation

Paccar Financial continues growth amid truck sales slowdown

byJohnnie Martinez II

October 21, 2025

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw revenue and assets increase during the third quarter despite...

Indiana Governor Mike Braun speaks during a tour of Caterpillar’s large engine facility in Lafayette, Indiana. He was joined by Caterpillar’s Energy & Transportation Group President Jason Kaiser and Chief Human Resources Officer Christy Pambianchi.

Construction

Caterpillar invests in US manufacturing, workforce training

byEquipment Finance News, AI Assisted

October 21, 2025

Caterpillar announced a $725 million expansion of its large engine facility in Lafayette, Ind., one of the company’s biggest manufacturing...

Bankruptcy spike spotlights creditors’ rights

Lender Operations

Equipment industry sees rise in small business bankruptcies

byQuinn Donoghue

October 20, 2025

As small business bankruptcies rise in some equipment industries, Subchapter V of Chapter 11 is gaining favor as a faster,...

The Huntington National Bank Tower stands in downtown Pittsburgh, Pennsylvania, U.S., on Thursday, April 2, 2015. Pittsburgh last month announced the creation of the Envision Downtown Advisory Committee, a group of 24 civic and community leaders tasked with improving mobility, accessibility, and livability in the downtown area.

Lender Operations

FNB, Huntington, PNC see lease financing growth

byJohnnie Martinez II

October 20, 2025

First National Bank, Huntington Bank and PNC Bank grew their equipment lease financing portfolios during the third quarter. FNB equipment...

Lender Operations

Commercial Credit Group closes $514M ABS deal

byEquipment Finance News, AI Assisted

October 20, 2025

Equipment financier Commercial Credit Group has finalized a $513.8 million term asset-backed security transaction, its largest to date. The securitization...

Founded in 1994, the company is the flagship of the Sany Group.

Construction

Sany Heavy Industry seeks $1.6 billion in Hong Kong listing

byBloomberg News

October 20, 2025

Sany Heavy Industry Co. started taking investor orders to raise as much as HK$12.4 billion ($1.6 billion) in a Hong...

Equipment SaaS companies Texada, Uptake Canada complete merger

Lender Operations

Equipment financiers say outlook brightened by reshoring, lower interest rates

byQuinn Donoghue

October 17, 2025

The potential for reshoring, lower interest rates and more clarity surrounding tariffs is boosting equipment lenders’ outlook for 2026. Equipment...

The grille of a Volvo VNR electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

Lender Operations

Volvo Financial Services originations decline 8.6%

byJohnnie Martinez II

October 17, 2025

Volvo Financial Services’ originations fell in the third quarter, although the lender’s penetration rate and number of units financed rose. ...

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News

Paccar Financial continues growth amid truck sales slowdown

Caterpillar invests in US manufacturing, workforce training

Equipment industry sees rise in small business bankruptcies

FNB, Huntington, PNC see lease financing growth

Commercial Credit Group closes $514M ABS deal

Sany Heavy Industry seeks $1.6 billion in Hong Kong listing

Equipment financiers say outlook brightened by reshoring, lower interest rates

Volvo Financial Services originations decline 8.6%

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Dealer Operations

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