According to a survey from Grant Thorton, although many CFOs expect continued challenges attracting and retaining talent, the top area cited for potential costs cuts was expenses related to employee headcount and compensation. read more

JAN 10, 2023 - 7:17 am

Economic activity in the services sector contracted in December after 30 consecutive months of growth, with the Services PMI registering 49.6%, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more

JAN 9, 2023 - 7:17 am

According to JPMorgan Chase’s recently released 2023 annual Business Leaders Outlook survey, the majority of small and midsize U.S. business leaders anticipate a recession in 2023, with 65% of midsize businesses and 61% of small businesses indicating as such.  read more

JAN 6, 2023 - 7:32 am

Commercial Chapter 11 filings increased by 2% to 3,816 in calendar year 2022 from the previous year’s total of 3,726. Subchapter V elections within Chapter 11 also experienced an increase in calendar year 2022, as the 1,433 filings represented a 13% jump from the 1,263 filings recorded in 2021, according to Epiq Bankruptcy. read more

JAN 6, 2023 - 7:19 am

Brookline Bancorp received the requisite regulatory approvals to complete the acquisition of PCSB Financial. read more

JAN 3, 2023 - 7:09 am

According to Kroll Bond Rating Agency, the delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities rose eight basis points in December to 2.97%, up from 2.89% in November and a low of 2.76% in September. read more

JAN 3, 2023 - 7:06 am

According to ACT Research’s State of the Industry: NA Classes 5-8 report, November Class 8 net orders of 32,600 were robust, bringing the most recent three-month total to 128,000. read more

JAN 3, 2023 - 6:57 am

According to ACT Research’s recent issue of its State of the Industry: U.S. Trailers report, November net U.S. trailer orders of 39,590 units were 17% lower compared to October, 27% lower on a seasonally-adjusted basis and 22% above the year-ago November level. read more

DEC 29, 2022 - 6:45 am

According to ACT Research's latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes (same dealer sales) were down 19% month to month in November. read more

DEC 28, 2022 - 7:04 am

According to ACT Research's Commercial Vehicle Dealer Digest, the longer inflation remains elevated, the more aggressively the Fed will respond with higher interest rates. read more

DEC 27, 2022 - 7:13 am

Leasepath, the cloud-first intelligent workplace finance origination (LOS) and customer engagement (CRM) platform built for equipment finance and leasing, successfully completed its Q4/22 quarterly release to all customer environments globally. read more

DEC 22, 2022 - 7:17 am

According to ACT Research’s For-Hire Trucking Index, the supply-demand balance and volumes have decreased recently while freight rates have also continued to decline. read more

DEC 22, 2022 - 7:14 am

The top line on the Class 8 Tractor Dashboard dropped in October to a -3 reading, marking the seventh moderately downbeat reading in eight months, according to ACT Research’s recently released Transportation Digest. read more

DEC 22, 2022 - 7:09 am

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for November reached $8.6 billion, up 9% year over year from new business volume in November 2021. read more

DEC 21, 2022 - 7:17 am

According to the Equipment Leasing & Finance Foundation’s recently released Q1/23 Equipment Leasing & Finance Industry Snapshot, the U.S. economy will grow by 0.9% in 2023 due to a possible recession that could start in Q2/23. read more

DEC 20, 2022 - 7:25 am