Rate increases help corporate rental houses overcome inflation
H&E Equipment Services, Herc Rentals and United Rentals posted equipment rental revenue growth in the first quarter as rate increases ...
Tag: equipment finance
CNH Industrial Capital originations rise 11%
CNH Industrial Capital originations grew in the first quarter as appetite increased for the captive’s offerings, while delinquencies rose, parent ...
Penske Truck Leasing unveils fleet management AI
Transportation service provider Penske Truck Leasing has unveiled an artificial intelligence platform designed to give customers real-time access to fleet ...
Fed cites lack of progress on inflation, holds rates steady
The Federal Reserve signaled fresh concerns about inflation as it reaffirmed it needs more evidence that price gains are cooling ...
PACCAR Financial Services revenue up more than 18%
PACCAR Financial Services, the financing arm of Bellevue, Wash.-based truck maker PACCAR, saw record first-quarter revenues of $509.3 million amid ...
Farm equipment industry faces prolonged downturn
Farmers continue to feel the impact of higher interest rates, lower commodity prices and rising costs, putting pressure on the ...
Bank consolidation heats up again
Bank consolidations related to equipment and commercial finance are heating up as regional banks continue to navigate the high interest ...
New business volume down 7% YoY in March
New business volume in the equipment finance sector declined year over year in March but shot up from February. Overall ...
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