Equipment DMS provider VitalEdge adds rental software provider
VitalEdge Technologies, a provider of heavy equipment dealer management solutions, acquired Integrated Rental, a leading rental platform, to strengthen its...
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US core CPI rises as expected, keeping Fed on track for rate cut
Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week....
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80% of construction dealers hit used inventory goals
Used construction equipment is slowly disappearing from dealer lots despite increasingly aggressive incentives for new equipment that make used inventory...
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Berkshire Hills, Brookline merge to form $24B Beacon Financial
Equipment dealers, lenders and rental houses engaged in merger and acquisition activity in August amid continuing industry consolidation. Berkshire Hills,...
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QuickFi Innovation Lab brings AI to equipment finance
Embedded lending platform QuickFi has launched the QuickFi Innovation Lab, a program designed to bring emerging technologies and student talent...
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Hitachi invests over $1B in US operations
Hitachi America announced more than $1 billion in U.S. investments to expand advanced manufacturing, electrification and workforce development. Hitachi's U.S....
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Tata Motors Markets €3.875 Billion Loan for Iveco Acquisition
Tata Motors Ltd. is syndicating a €3.875 billion ($4.5 billion) bridge loan to fund its proposed acquisition of Iveco Group’s...
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Experts weigh in on distress, bankruptcies in trucking
From tightened lending standards to geopolitical uncertainty, a myriad of factors are prolonging the freight industry’s recession and triggering financial...
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