Used heavy-duty truck inventory sinks 22% YoY
Strong demand for late-model trucks boosted the used heavy-duty market in February, but repossessions spelled trouble for the medium-duty sector ...
Tag: equipment finance
QuickFi named ‘Best Overall LendTech’
Equipment finance service provider QuickFi was named “Best Overall LendTech Company” at the ninth annual FinTech Breakthrough Awards today, the ...
XCMG subsidiary integrates with DeepSeek AI to advance industrial intelligence
XCMG Hanyun, a leader in industrial internet solutions under XCMG Machinery, has integrated with DeepSeek to enhance industrial intelligence. This ...
Fed holds rates, sees slower growth and higher inflation
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower ...
ELFA’s bespoke AI tool highlights tech practicality
As new technologies emerge in the industry, equipment lenders can take advantage of relatively simple AI tools to test the ...
Elevated equipment inventories boosting rental activity
Elevated equipment inventories, especially in the construction and material handling sectors, are contributing to growth in the equipment rental market. ...
Gather AI creates camera system to streamline material handling ops
Warehouse technology provider Gather AI has pulled back the curtain on Material Handling Equipment (MHE) Vision, an AI-powered camera system ...
Northern Tool introduces Powerhorse generators
Northern Tool and Equipment launched a new line of Powerhorse generators, expanding its power management solutions with the only full ...
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