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 ...
Tag: earnings
Wintrust outstandings up in first quarter
Financier Wintrust Specialty Finance reported its overall outstandings increased in the first quarter to $3.6 billion, up from $3.4 billion ...
Volvo Financial Services new business volume down 5% in quarter
Volvo Financial Services’ new business volume dropped 5% in the first quarter of 2024 as the number of units it ...
Volvo North American orders drop amid inventory management
Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply ...
Titan Machinery hits $2.8B revenue record in fiscal 2024
Equipment dealer Titan Machinery reported record revenue of $2.8 billion for fiscal 2024 as inventories and floorplan use rose. Each ...
EV maker Workhorse seeks funding, cuts 20% of staff
Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore up funding to maintain operations amid ...
Toro Company Red Iron originations down 37% in Q1
Outdoor power equipment manufacturer The Toro Company saw a decline in financing originations for its finance joint venture in the ...
Trinity Capital equipment finance portfolio up 37%
Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in 2023 as it experienced record portfolio growth. ...
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