CrowdStrike outage hits banks’ equipment finance ops
Several banks with large equipment finance portfolios faced operational disruptions Friday following an IT outage at cybersecurity firm CrowdStrike that ...
Tag: equipment finance
Ag, construction, transportation business grows
New agriculture, construction and transportation businesses were on the rise in the fourth quarter of 2023. More enterprises means more ...
Volvo CE deliveries, sales drop amid declining demand
Swedish equipment manufacturer Volvo Group’s construction equipment deliveries and net sales decreased in the second quarter as demand normalization prompted ...
Beige Book: Agriculture, transportation sectors show signs of life
High borrowing costs continue to hamper economic growth in industries tied to heavy equipment, although transportation and agriculture sectors in ...
Ford commits $3 billion to boost truck output after EV delay
Ford Motor Co. will invest $3 billion to build its highly profitable Super Duty F-Series pickup truck at a plant ...
Volvo says price rises help returns as truck demand softens
Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its ...
New Holland offers autonomous tractor kits at dealerships
Equipment manufacturer New Holland has added specialty crop autonomous tractor aftermarket kits to its dealer locations in the Western United ...
High inventory sinks used-truck values
Used-truck inventories continued to sit on dealer lots in June, highlighting the ongoing freight recession. Lenders remain reluctant to ...
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