Caterpillar crosses $300 billion in market value on AI rally
Caterpillar Inc. shares extended a turbocharged rally fueled by bets on the industrial giant’s artificial intelligence prospects to push its ...
Tag: equipment finance
Trucking industry expects weak improvement in 2026
The financial health of the trucking industry in North America appears to be headed for weak improvement in 2026, with economic uncertainty continuing, even as capacity, utilization, freight and manufacturing are growing. ...
Cargo hauler STG Logistics files bankruptcy following debt deal litigation
Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by disgruntled creditors. ...
Fed served with DOJ subpoenas; Powell vows to stand firm
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department ...
Toyota Material Handling, Raymond Corp. set to merge
Equipment manufacturers Toyota Material Handling and The Raymond Corp. will merge under the name Toyota Material Handling North America, effective ...
Idea Financial secures $20M EverBank loan
Idea Financial has secured a $20 million corporate term loan from EverBank to expand its small business and legal lending ...
5 Questions with Mitsubishi HC Capital America’s Brian Rosa
The equipment finance industry is heading into 2026 with cautious optimism, supported by easing inflation, expected interest rate cuts and new business opportunities. After ...
AI paves way for equipment lenders to predict residual values
AI advancements are enabling lenders to better predict residual values, a boon for the equipment finance industry as machines become ...
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