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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...
Turner Construction launches First Equipment Company
Turner Construction Company has launched First Equipment Company, a centralized equipment rental and site services business designed to support Turner...
Duffy pulls $160 Million from California over truck licenses
The US Department of Transportation is withholding about $160 million from California after the state delayed canceling thousands of commercial...
Soybean export angst dampens farmer sentiment
Concerns about soybean exports and tight lending darkened farmers’ outlook last month, although improved commodity prices bode well for the farm equipment...
