News

Seven more freight companies filed for bankruptcy over the past month, as unsecured debt racked up, although some transportation subsectors...

Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this...

Autonomous trucking startup Bot Auto just completed its first driverless hub-to-hub validation run in Houston, marking a milestone in its...

Mobilization Funding has introduced Maximus, an all-in-one loan management platform designed to simplify and speed up lending for contractors, manufacturers...

Practical applications of AI agents are taking shape in the equipment finance and insurance industries while tech providers push the...

Engine manufacturer and power systems provider Cummins and OEM Komatsu have signed a memorandum of understanding to jointly develop hybrid...

Live Oak Bank has deployed Cync Software’s commercial lending platform to streamline financial spreading, automate credit risk analysis and improve...

Equipment lenders are adjusting to evolving supply chains and pricing dynamics by emphasizing closer dealer relationships and flexible floorplan financing. ...