Rate increases help corporate rental houses overcome inflation
H&E Equipment Services, Herc Rentals and United Rentals posted equipment rental revenue growth in the first quarter as rate increases ...
Tag: earnings
CNH Industrial Capital originations rise 11%
CNH Industrial Capital originations grew in the first quarter as appetite increased for the captive’s offerings, while delinquencies rose, parent ...
Komatsu retail finance revenue slides more than 20% in 2023
Japanese equipment manufacturer Komatsu posted a decline in retail finance profits for fiscal 2023, in part because it used its allowance ...
Traton Financial Services revenue rises 29%
Traton Financial Services’ revenue rose in the first quarter of 2024 as the company continued to expand its truck and ...
Ford fleet sales jump; GM fleet sales slide
Vehicle manufacturers Ford and General Motors experienced mixed commercial sales results, as demand persists but tightening credit forces prioritization. Ford ...
Higher new business originations boost Cat Financial’s earnings
Caterpillar’s equipment financing arm, Cat Financial, posted increased revenues in the first quarter of 2024, following strong profit margins in ...
Rush Enterprises’ aftermarket revenue ebbs as freight volumes decrease
Commercial truck dealer Rush Enterprises’ aftermarket revenue from services and parts flattened in the first quarter of 2024, a trend ...
Ryder System selling off vehicles as rental revenue slides in Q1
United Kingdom-based fleet manager Ryder System’s rental revenue slid 4.54% year over year in the first quarter of 2024, pushing ...
