NACM’s November Credit Managers’ Index Eases Growth, Still Positive

The November Credit Managers’ Index from the NACM decreased slightly after hitting a 15-year high in October. The overall score of 57.9, which was down half a point from October, is the second-highest reading in the last 12 months. read more

ARA Projects 13% Decline in Equipment/Event Rental Revenue in 2020

The American Rental Association is forecasting a 13% decline in equipment and event rental revenue this year compared with 2019, making for a drop to $48.7 billion in the United States. read more

ACT: September For-Hire Trucking Index Highlights Tight Supply-Demand Balance

The latest release of ACT Research’s For-Hire Trucking Index, which includes September data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. read more

IDC Predicts What’s Next for Enterprises and IT Industry in Response to COVID-19 Disruption

According to IDC’s predictions for 2021 and beyond, the global economy remains on its way to its "digital destiny" and, with this shift, 65% of global GDP will be digitalized by 2022, driving $6.8 trillion of IT spending from 2020 to 2023. read more

New ELFF Study Reveals Impact of COVID-19 and Recession on Equipment Finance Industry

Although the outlook for the U.S. economy is among the most uncertain on record, equipment finance industry leaders expect moderate portfolio growth in 2021, but performance will be highly sector-dependent, according to a new study from the Equipment Leasing & Finance Foundation. read more

September Equipment Leasing New Business Volume Down 13% Y/Y, Up 24% M/M

The ELFA’s Monthly Leasing and Finance Index showed overall new business volume for September was $8.7 billion, down 13% year over year from new business volume in September 2019. Volume was up 24% month to month from $7 billion in August. read more

ELFA: Compensation in the Equipment Finance Industry Grew Modestly in 2019

Compensation in the equipment finance industry increased moderately in 2019, according to the 2020 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association and McLagan. read more

Equipment Leasing Industry Confidence Eases in October, Default Expectations Improve

According to the October release of the Monthly Confidence Index for the Equipment Finance Industry from the ELFF, confidence in the equipment finance market is 55, easing from the September index of 56.5 and steady with pre-COVID-19 index levels. read more

Ritchie Bros.: October Prices Slowly Climbing for Used Equipment

In its October market trends report, Ritchie Bros. reported that prices for most equipment categories, including used heavy equipment, truck tractors and vocational trucks remained steady or even increased year over year in October 2020 in both the U.S. and Canada. read more

IDC: Digital Parity, New Customer Demands, Automation Key Factors in 2021

In its 2021 outlook, IDC identified three overarching initiatives that directly link technology investment to digital transformation, including creating digital parity across workforces, designing for new customer demands and accelerating automation. read more

PayNet: Small Business Lending Falls as Economic Recovery Slows

In August, the PayNet Small Business Lending Index declined for the first time since April, falling 13.5 points (-9.1%) to 134.7 and 5.5% below its year-ago level. read more

ACT Research to Release New Report on Commercial Electric Vehicles in 2021

ACT Research revealed plans for a new multi-client study focusing on electrification of the commercial vehicle industry to be released in 2021. read more

Inventory Levels Down, Values Up for Used HD Trucks, Farm Equipment

A Sandhills Global report indicated that inventory levels play a large role in the average value of used equipment. The report also showed that used heavy duty truck and farm equipment inventories continue to decline. read more

ELFF: Investment in Equipment and Software Recovers in Q3/20

After severe declines in equipment and software investment in Q1/20 and Q2/20 due to the effects of the COVID-19 pandemic, investment in equipment and software bounced back in Q3/20, according to the Equipment Leasing & Finance Foundation. read more

PwC Report: Financial Institutions are Headed for a Once-in-a-Generation Change

PwC’s recent report, “Securing your tomorrow, today – The future of financial services,” predicted that alternative providers of capital are on track to become an even more important part of the global financial system. read more

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