Business cycle normalization expected in 2024
The business cycle is expected to return to normal in 2024, with improved macroeconomic conditions and equipment asking values, according ...
Tag: supply chain
Titan Machinery floorplan use rises 158%
Equipment dealer Titan Machinery increased its floorplan use in the third quarter as rising interest rates and growing inventory put ...
Demand for equipment cools as finance approvals drop
Demand for equipment cooled as inventory held steady over the past six weeks as the Federal Reserve’s hawkish monetary policy ...
Equipment finance originations drop amid tightened credit
Equipment finance originations declined year over year in October as concerns persist over banks pulling back and credit standards tightening. ...
Deere projects financial services growth in 2024
Deere & Co. projects financial services growth in fiscal 2024 despite expecting a double-digit decline in net sales across all ...
Construction market steady ahead of winter uptick
Construction equipment activity remained steady in October as the market prepared for the return of seasonality and increased yearend activity. ...
Inventories up, values down in transportation market
Values for used transportation equipment continue to fall as organizations address procurement, the growing gap between new- and used-vehicle values ...
Traton Financial Services revenue rises 30%
Traton Financial Services’ revenue rose in the third quarter of 2023 as the company expanded its truck and bus portfolio ...
