Traton makes $25M investment in PlusAI
Autonomous trucking software provider PlusAI and commercial vehicle OEM Traton Group have expanded their partnership to accelerate the development and ...
Tag: equipment finance
FDIC approves GM Financial Bank, Ford Credit Bank
GM Financial and Ford Credit are one step closer to forming industrial banks following approval this week from the FDIC and Utah Department of Financial Institutions. ...
8 more freight carriers go bankrupt, thousands of creditors affected
Eight more trucking companies have filed for bankruptcy over the past two months, including several prominent carriers with loads of unpaid ...
Deere CFO leaving for Honeywell Aerospace, interim named
Agriculture OEM John Deere’s chief financial officer will leave the company next month to take the same position at Honeywell Aerospace. Deere ...
EquipmentShare completes IPO, begins trading on Nasdaq
EquipmentShare has completed its transition to a public company, pricing its initial public offering at $24.50 per share today on ...
Huntington’s net charge-offs improve 59 basis points
Huntington Bank’s net charge-offs for equipment lease financings improved in the fourth quarter of 2025 as the lender recovered lease financings amid an overall improvement in its commercial ...
Equipment lender confidence hits 11-month high
Equipment lender sentiment improved this month amid new financing opportunities, technology innovations and interest-rate optimism. The Equipment Leasing and Finance ...
SMS Equipment acquires Finland’s Suomen Rakennuskone Oy
Canadian heavy equipment dealer SMS Equipment has expanded into Europe with the acquisition of Suomen Rakennuskone Oy, one of Finland’s ...
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