Market conditions are ripe for new mergers and acquisitions in the equipment finance industry, as a slowdown in new equipment sales and the sell-off of significant assets by industry giant GE Capital Corp. A substantial portion of GE’s assets have already been acquired by BMO Financial Group and Wells Fargo & Co., however such a […]
Industry Leaders See 2015 “On Target”
Equipment Finance Advisor brings together a panel of four industry leaders to share their impressions as to how the industry is faring thus far. In the following roundtable discussion, Elaine Temple at BancorpSouth Equipment Finance, Craig Weinewuth at Engs Commercial Finance, Dave Drury at MB Equipment Finance and Phil Carlson at Nations Equipment Finance share […]
ACT Research: March Gain in Trailer Orders Brings Epic Order Season to a Close
COLUMBUS, IN – Trailer net orders in March, at 23,190 units, rose 12% over February, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT). “While large fleets made order commitments in the last four months of 2014, small and medium fleets, along with dealers, finally joined the […]
ACT Research: Trailer Industry Order Volumes Moderate in January
COLUMBUS, IN – Trailer net orders in January, at 19,853, were down nearly 32% from December’s very strong order volume, but rose 18% year over year. These results were published in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT). “Total trailer backlog is at its highest level in […]
ACT Research: Class 8 Used Truck Sales Pull Back in January
COLUMBUS, IN – Total reported volumes of used Class 8 trucks fell to to 2,239 units in January, a decline of 12% month over month and 3% year over year, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “The pull back in volumes […]