Global Jet Capital published its Q4/23 Business Aviation Market Brief this week, noting that flight operations in the business jet sector declined on a year-over-year basis while constraints on supply chains and the labor market held deliveries back in Q4/23. read more

FEB 22, 2024 - 6:44 am

According to a report from Bain & Company, wholesale bank revenue growth rates could drop to a CAGR of 2% by 2025. To address this imminent crunch, Bain & Company urges wholesale banks to seize new sources of growth, including climate finance and AI deployment. read more

FEB 22, 2024 - 6:44 am

According to final data from ACT Research, January Class 8 truck net orders reached 27,125 units, up 45% year over year. Meanwhile, net orders for Classes 5-7 were up 14% year over year at 19,954 units. read more

FEB 20, 2024 - 7:11 am

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales accelerated 17% month over month in January. read more

FEB 15, 2024 - 6:56 am

According to a survey from Dragonfly Financial Technologies, 53% of banking executives are concerned or very concerned about their current dependency on legacy technology and rising technology debt. read more

FEB 14, 2024 - 6:19 am

A new survey from Grant Thornton, a provider of audit and assurance, tax and advisory services, revealed that in Q4/23, CFOs had dramatically higher expectations compared to previous quarters. In fact, the majority of CFOs in the survey said they were confident in their ability to meet business goals related to growth, cost control, supply chain and labor needs. read more

FEB 13, 2024 - 6:53 am

After essentially holding the line on the forecast since last July, ACT Research pushed its 2024 Class 8 truck production and sales expectations up in February, as published in the latest release of its North American Commercial Vehicle Outlook. read more

FEB 13, 2024 - 6:48 am

Allied Market Research published a report that found the global intelligent process automation industry generated $13.4 billion in 2022 and is anticipated to generate $50.7 billion by 2032, witnessing a CAGR of 14.6% from 2023 to 2032. read more

FEB 12, 2024 - 6:00 am

Aircraft asking values remained steady in January following seasonal inventory drawdowns, according to Sandhills Global’s newest aviation market reports. Used turboprop aircraft values experienced the most change, ticking up slightly month over month in January. read more

FEB 8, 2024 - 6:37 am

Equipment, truck and trailer markets are skewing toward newer machines, putting downward pressure on asking and auction values for late-model units, according to the newest market reports from Sandhills Global. read more

FEB 7, 2024 - 6:44 am

With the rising trend of technology and equipment consumption-based models, interest rates off their seemingly permanent historical lows, and inflation driving up the cost of asset acquisition, are CFOs more open to operating lease solutions? read more

FEB 6, 2024 - 6:26 am

The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to U.S. Bank. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7% in 2023, while spending by shippers contracted 13.5%. read more

FEB 2, 2024 - 6:50 am

Citizens Business Conditions Index rose to 51.8 in Q4/23, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the U.S. economy exited 2023 with momentum. read more

JAN 31, 2024 - 6:41 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for December was $12.5 billion, up 2% year over year, while cumulative new business volume for 2023 was up 3.9% compared to 2022. read more

JAN 24, 2024 - 6:50 am

According to Phoenix Management’s Q4/23 “Lending Climate in America” survey, Overall, a majority of lenders (83%) signified a decline in credit ratings from Q3/23 to Q4/23, with 67% of lenders indicating a slight decline and 17% indicating a more-than-slight decline. read more

JAN 19, 2024 - 7:04 am