According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, there were 212 commercial Chapter 11 filings registered in July 2022, a decrease of 13% from the 245 filings in July 2021. read more
AUG 5, 2022 - 7:03 am
June used Class 8 retail volumes (same dealer sales) were 1% higher month over month according to ACT Research. Longer term, volumes dropped 44% year over year and were 34% lower year to date. read more
JUL 29, 2022 - 7:22 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for June was $10.3 billion, down 1% year over year from June 2021 and up 10% from $9.4 billion in May. read more
JUL 26, 2022 - 7:22 am
According to ACT Research’s latest State of the Industry: U.S. Trailer Report, June net U.S. trailer orders of 25,444 units were 31% higher compared with May and nearly 122% above June 2021 levels. read more
JUL 26, 2022 - 7:13 am
According to the latest release of ACT Research’s for-hire trucking index, volume and pricing is down, with capacity still on the high side, resulting in a lower supply-demand balance in June. read more
JUL 25, 2022 - 7:24 am
Bain Capital and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) signed a definitive agreement to acquire Merchants Automotive Group, which does business as Merchants Fleet and Merchants. read more
JUL 22, 2022 - 7:21 am
According to the Equipment Leasing & Finance Foundation’s July 2022 Monthly Confidence Index for the Equipment Finance Industry, overall confidence in the equipment finance market is 46.1, a decrease from the June index of 50.9. read more
JUL 21, 2022 - 7:31 am
According to the Q3 2022 Equipment Leasing & Finance Industry Snapshot from the Equipment Leasing & Finance Foundation, the U.S. economy will grow by 1.6% in 2022, a marked slowdown from the foundation’s previous estimates. read more
JUL 20, 2022 - 7:19 am
According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, surging inflation, the Fed hiking interest rates into a potential recession and supply chain disruptions remain overarching themes. read more
JUL 20, 2022 - 7:10 am
New business volume increased 7.4% in 2021, according to the 2022 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association. read more
JUL 18, 2022 - 7:18 am
Preliminary used Class 8 retail volumes rose 6% month-over-month but were 39% lower compared to June of 2021, according to ACT Research. Compared to June 2021, the average retail price was 50% higher. read more
JUL 18, 2022 - 7:08 am
Preliminary net trailer orders in June were 15,300 units, down about 21% from the previous month, but up a significant 33% from the same month last year, according to ACT Research. read more
JUL 18, 2022 - 7:05 am
The 22 Equipment Leasing & Finance U.S. Economic Outlook, released by the Equipment Leasing & Finance Foundation, forecasted equipment and software investment growth of 5.9% in 2022, while annualized GDP growth is expected to slow to 1.6% this year. read more
JUL 14, 2022 - 8:00 am
According to a new survey of supply chain executives by Carl Marks Advisors, in partnership with SupplyChainBrain, more than half of all respondents don’t expect a return to a more normal supply chain until the first half of 2024 or beyond. read more
JUL 12, 2022 - 7:23 am
According to a new report from Kroll Bond Rating Agency, the COVID-19 pandemic has reemphasized that appropriate leverage, strong liquidity and laddered debt maturities are key for regional aircraft lessors to manage market events. read more
JUL 12, 2022 - 7:19 am