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article
Lynn Alstad President and CEO Capella Equipment Finance VISION FOR THE FUTURE: “Among the world’s largest 500 companies, only 10% of senior executives are women, yet diversity helps make companies more profitable and innovative. My hope for... read more
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Positive Economic Momentum Economic Engines Ready for Higher Performance Q: How would you rate the current state of the U.S. economy and the world economy? CFOs are more positive about the U.S. and global economies than they’ve been heading into... read more
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MONITOR: As you look back on 2013, what are some of the takeaways from this past year that you would like to share with our readers. And for the pure fun of it, please rate 2013 on a scale of... read more
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The U.S economy is expected to grow 3% in 2014 — the fastest pace since the 2008-2009 recession — and the rising interest rate environment could motivate companies to lock in lower rates while they still can. Businesses are making... read more
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The Association for Governmental Leasing & Finance (AGLF) held its 33rd Annual Fall Conference this past November in Boca Raton, FL. During that meeting I had the honor and pleasure of presenting the AGLF’s Jay Terry Lifetime Achievement Award to... read more
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With recovery being the ultimate and critical last step, financial institutions need a clear understanding of the key steps to maximizing value when it comes to selling off-lease or repossessed trucks and other equipment. Understanding the landscape of the secondary... read more
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As we move through the fourth quarter of 2013, we seem to be collectively wondering if the U.S. economy will ever again reach its historical norm growth rate of 3% and how that will impact the work truck industry. Consumers... read more
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The information technology (IT) industry is in the early phases of a major transformation — similar to the seismic shifts the industry experienced with the introduction of the PC — that will alter the IT technology segment. This transition to... read more
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JM: It looks like 2013 demand is going to end up around 190,000 units maybe a little better for the U.S. and Canada. That compares to the around 180,000 units last year. Obviously we’re moving in the right direction. However,... read more
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Manufacturing activity in the U.S. has been a bright spot in the recovery that is taking place. Companies that once sought overseas bastions of inexpensive labor are reevaluating labor, energy and transport costs and in some cases, which is beginning... read more
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Here are more of the survey’s key findings: Pricing. Prices of new equipment are up according to our industry executives. The cost of renting equipment does not appear to have risen at the same pace. Tier IV Equipment. We wanted... read more
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“There seems to be a little higher degree of confidence and a little bit more stability versus 2012,” says Ed Bolen, president and CEO of the Washington, DC-based National Business Aviation Association (NBAA), which represents more than 9,000 companies that... read more
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Martin Daum: Current economic factors support a healthy trucking industry. However, despite the strength of the present positive economic barometers, fleet age continues to increase as customers delay acquisition of new vehicles. It is true initial vehicle prices have contributed... read more
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As the year progressed, PNC Equipment Finance witnessed some good — specifically in organic growth, doing more business with existing customers. The bad was the sluggish pace in which this new business developed. When it comes to the “ugly” of... read more
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The bad times also meant the demise of many financial institutions and takeover either by the Federal Deposit Insurance Corporation, Resolution Trust Corporation or state receiverships. There were also mergers and consolidations of financial institutions and the acquisition of portfolios... read more