Truck fleets stick to replacement cycles despite diesel price volatility
Rising diesel prices and economic uncertainty are causing some trucking fleets to delay equipment purchases, but operators that abandon disciplined ...
Tag: equipment finance
FIS, Fuse partner on auto, equipment finance origination platform
FIS and cloud-native lending technology provider Fuse have formed a strategic alliance to offer a modern loan and lease origination ...
Clarus Capital closes $332M ABS transaction
Clarus Capital has closed a $332 million asset-backed securitization backed by a portfolio of commercial equipment leases and loans across ...
XCMG, ZF form ag equipment joint venture
Chinese heavy-equipment manufacturer XCMG Group and German vehicle technology provider ZF Friedrichshafen AG have formed a joint venture to develop ...
TEN taps former Amazon Freight executive as COO
Transportation Equipment Network has named former Amazon Freight General Manager Ari Silkey as chief operating officer, adding a transportation technology ...
Toro earnings rise 12.5% in first half as professional equipment sales grow
The Toro Co. reported higher earnings and sales during the first half of fiscal 2026, driven by growth in its ...
First Citizens adds Littleton, Olmsted to equipment finance team
First Citizens Bank has added industry veterans Ed Littleton and Amber Olmsted to its equipment finance group. Littleton was named ...
Elite Equipment Rentals acquires ISG
Elite Equipment Rentals has acquired fellow equipment rental company ISG, expanding Elite's presence in the Mid-Atlantic and Southeast as part ...
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