According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, peak order season opened in September, and although net orders in November continued to show relatively healthy bookings, they were softer than the previous two months. read more
DEC 26, 2023 - 6:49 am
An updated forecast from International Data Corporation shows that enterprises will invest more than $19.4 billion worldwide on GenAI solutions in 2023. This spending is expected to more than double in 2024 and reach $151.1 billion in 2027. read more
DEC 22, 2023 - 6:40 am
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 1% in November after increasing 0.8% in October. read more
DEC 22, 2023 - 6:34 am
According to the International Data Corporation’s Worldwide Quarterly Personal Computing Device Tracker, the global PC market outperformed expectations with shipments totaling 68.5 million units in Q3/23. However, that volume was still down 7.2% compared to Q3/22. read more
DEC 22, 2023 - 6:30 am
Total construction starts fell 15% in November, dropping to a seasonally adjusted annual rate of $927 billion, according to Dodge Construction Network. read more
DEC 21, 2023 - 6:22 am
The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024, according to the 2024 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more
DEC 20, 2023 - 6:58 am
LeaseAccelerator, released the industry's first enterprise emissions analysis and reduction software for leases and assets, LeaseAccelerator Net Zero Asset Manager, along with an Early Access Program to help clients measure and reduce emissions in 2024. read more
DEC 18, 2023 - 7:39 am
The latest Biz2Credit Small Business Lending Index reported that small business loan approval percentages at big banks stalled for the first time since June (remaining at 13% in November), while small banks approval percentages continue to rise (up 0.2% from October to November). read more
DEC 13, 2023 - 6:57 am
A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S. banks, credit unions and other lenders, according to the results of the 2023 Regulatory & Risk Management Indicator survey conducted by Wolters Kluwer Compliance Solutions. read more
DEC 12, 2023 - 6:51 am
A new survey on mergers and acquisitions disputes from audit, tax and advisory firm Grant Thornton revealed that dispute activity has increased along with overall deal volume. read more
DEC 8, 2023 - 7:15 am
Economic activity in the manufacturing sector contracted in November for the 13th consecutive month following a 28-month period of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more
DEC 4, 2023 - 7:13 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for October was $10.4 billion, down 8% year over year from new business volume in October 2022. read more
NOV 21, 2023 - 7:13 am
Global Jet Capital published its Q3/23 Business Aviation Market Brief this week, noting that flight operations in the business jet sector are down compared with 2022 but above pre-COVID levels, inventory levels have climbed but remain below historical averages and transactions have declined from recent high levels. read more
NOV 17, 2023 - 6:55 am
According to preliminary data from ACT Research, North American Class 8 truck net orders reached 31,900 units in October, remaining at above-trend levels nominally and seasonally. read more
NOV 10, 2023 - 7:06 am
Small business loan approval percentages at big banks (more than $10 billion in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index. read more
NOV 9, 2023 - 7:00 am