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News

Agriculture

CNH Industrial Capital originations dip 4.3%

byQuinn Donoghue

August 1, 2025

CNH Industrial Capital’s originations dropped in the second quarter as its parent company’s equipment sales plunged amid tariff uncertainty, low...

Daimler Truck-Hauptsitz in Leinfelden-Echterdingen, Deutschland Daimler Truck Headquarters in Leinfelden-Echterdingen, Germany

Transportation

Daimler Truck financial services originations fall 16%

byJohnnie Martinez II

August 1, 2025

German commercial vehicle manufacturer Daimler Truck felt the effects of tariffs and tariff-related economic uncertainty in the second quarter, resulting...

Construction workers in Austin, Texas, US, on Tuesday, July 2, 2024. Forecasters expect a monthly report on US employment to show a step-down in hiring in June alongside a moderation in wage growth.

Rentals

Rental company Opifex-Synergy names Vaughn CEO

byEquipment Finance News, AI Assisted

August 1, 2025

Opifex-Synergy, one of the largest independent equipment rental companies in the United States, has appointed Joseph Vaughn III chief executive...

The Fairview Container Terminal in the Port of Prince Rupert in British Columbia, Canada. Trump raised tariffs on Canadian goods to 35% from 25%.

Lender Operations

Trump boosts tariffs across world, reshaping global commerce

byBloomberg News

August 1, 2025

President Donald Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the...

A builder drives a Terex Corp. ride-on roller past an excavator during house construction at Persimmon Plc's St. Andrew's Park residential housing development in the Uxbridge district of London, U.K., on Monday, Aug. 18, 2014. Persimmon, the U.K.'s largest homebuilder by market value, said sales of houses and apartments rose 28 percent in the first half as demand from buyers increased.

Material Handling

Terex sales rise despite aerial, materials processing weakness

byEquipment Finance News, AI Assisted

August 1, 2025

Terex Corp.'s net sales rose in the second quarter as growth in its Environmental Solutions segment offset performance in Aerials...

Agriculture

AGCO North American sales sink 33% YoY in Q2

byJohnnie Martinez II

July 31, 2025

Farm equipment manufacturer AGCO’s sales fell across all regions in the second quarter, but especially in the United States, as...

Penske Truck Leasing unveils fleet management AI

Dealer Operations

Rush, Penske F&I revenues slide in Q2

byQuinn Donoghue

July 31, 2025

Truck dealers Penske Automotive Group and Rush Enterprises reported mixed results in the second quarter, while Custom Truck One Source’s...

An artificial intelligence (AI) sign at the MWC25 tech show in Barcelona, Spain, on Tuesday, March 4, 2025. The Mobile World Congress tech show runs March 3-6. Rapid Finance

Lender Operations

DataCRaiM launches business verification tool for equipment lenders

byEquipment Finance News, AI Assisted

July 31, 2025

AI solutions provider DataCRaiM has launched BizIntellect, a business identity verification tool designed for equipment financiers. The platform, built on...

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Material Handling News Alert - Monthly update on financing trends shaping the material-handling sector

Transportation News Alert - Monthly updates on trucking, vocational vehicles, and market indicators impacting transportation assets

Rentals News Alert - Monthly updates on rental market trends, utilization, rate shifts, fleet investments, and rental company performance

News

CNH Industrial Capital originations dip 4.3%

Daimler Truck financial services originations fall 16%

Rental company Opifex-Synergy names Vaughn CEO

Trump boosts tariffs across world, reshaping global commerce

Terex sales rise despite aerial, materials processing weakness

AGCO North American sales sink 33% YoY in Q2

Rush, Penske F&I revenues slide in Q2

DataCRaiM launches business verification tool for equipment lenders

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Dealer Operations

Premier Truck Group F&I revenue rises 12.5% YoY in Q2

Rush F&I revenue climbs 14.6% in Q2

Core capital goods orders rise 12.5% YoY in June

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