The latest release of ACT Research’s For-Hire Trucking Index showed continued improvement in freight volumes, pricing and driver availability. read more
OCT 26, 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 companies participating in the index in September was $9.7 billion, down 5% from new business volume in September 2022. read more
OCT 25, 2023 - 7:14 am
With the 2024 order season opening in September, the Class 8 backlog increased by 8,700 units from August to 161,300 units, and the backlog-to-build ratio increased to 5.5 months, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report. read more
OCT 20, 2023 - 6:00 am
Preliminary Class 8 same dealer used truck retail sales volumes suggest buyers tightened their belts in September, down 5% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. read more
OCT 19, 2023 - 6:10 am
After a strong second quarter, equipment and software investment growth is expected to slow over the remainder of the year, according to the ELFF. read more
OCT 17, 2023 - 5:45 am
A new forecast from International Data Corporation shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending is expected to reach $143 billion in 2027 with a compound annual growth rate of 73.3% over the 2023 to 2027 forecast period. read more
OCT 17, 2023 - 5:10 am
Middle-market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of Q3/23, marking the highest year-over-year earnings growth since Q3/21. Revenue grew 8% during the same period. read more
OCT 13, 2023 - 6:40 am
Small business loan approval percentages at big banks ($10 billion or more in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index. read more
OCT 11, 2023 - 6:34 am
Economic activity in the hospital subsector grew in September after contracting in August, which was the second time the sector had contracted in the previous five months, with 35 consecutive months of growth prior to that, according to the Institute for Supply Management. read more
OCT 10, 2023 - 6:46 am
Economic activity in the services sector expanded in September for the ninth consecutive month, according to the latest Services ISM Report on Business from the Institute for Supply Management. The sector has grown in 39 of the last 40 months, with the lone contraction in December 2022. read more
OCT 9, 2023 - 7:03 am
According to Sandhills Global’s latest market reports, inventory levels are rising among multiple equipment sectors, with particularly noteworthy inventory surges in high-horsepower tractors (300 or more horsepower) and track skid steers. read more
OCT 6, 2023 - 7:03 am
U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to U.S. Bank’s 2023 CFO Insights Report. read more
OCT 2, 2023 - 7:03 am
The increase in large corporate bankruptcies in the first half of 2023 marked a reversal from a gradual decline in filings since the start of 2021, according to a report by Cornerstone Research. read more
SEP 27, 2023 - 7:09 am
Most U.S. small business owners feel successful, driven by purpose and fulfilled by their work, but more than half are sacrificing time and relationships with loved ones for the sake of their business, according to a new U.S. Bank survey. read more
SEP 27, 2023 - 7:06 am
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for August was $10.1 billion, up 14% year over year from new business volume in August 2022. read more
SEP 26, 2023 - 7:10 am