Rental industry fleet utilization down 10%
Equipment rental companies Herc Rentals, Ryder System and United Rentals saw rental fleet utilization rates decline in the second quarter ...
Tag: earnings
Hyster-Yale Americas shipments rise 32% YoY as backlog eases
Material-handling manufacturer Hyster-Yale increased second-quarter shipments to the Americas as product backlogs eased. Shipments grew 31.7% year over year in ...
Cat Financial revenues rise 19% YoY
Cat Financial’s originations, receivables, and revenues increased in the second quarter as the company’s credit concerns diminished and interest rates ...
Komatsu retail finance originations increase 10% YoY
Japanese equipment manufacturer Komatsu’s retail finance originations and revenues increased in its fiscal first quarter due to the impact of ...
CNH Industrial Capital originations rise 14% YoY
CNH Industrial Capital’s retail originations rose in the second quarter due to strong consumer demand, even as base interest rates ...
H&E Equipment Services rental revenue up 29% YoY
Strong demand and fleet productivity bolstered H&E Equipment Services’ rental revenue in the second quarter. The equipment rental company’s rental ...
TRATON Financial Services revenue up 21% YoY
TRATON Financial Services’ revenues increased in the first half of 2023 as unit sales picked up for trucks and buses. ...
Used-truck gains push up PACCAR Financial revenue
Increasing used-truck profitability pushed up PACCAR Financial Services revenue in the second quarter as sales and managed assets jumped. PACCAR ...
