The National Association of Credit Management’s Credit Managers' Index (CMI) remained at a combined score of 55 in August, with improvements in unfavorable factor indexes offsetting deterioration in favorable factor indexes. read more

SEP 1, 2022 - 7:42 am

In the latest release of its Commercial Vehicle Dealer Digest, ACT Research reported shifts — both higher and lower adjustments, but in aggregate, lower still — in forecasts last month to incorporate an inbound recession. read more

AUG 30, 2022 - 7:27 am

According to the Equipment Leasing and Finance Association, overall new business volume for July was $10.1 billion, up 2% year over year from new business volume in July 2021. However, volume was down 2% from $10.3 billion in June. read more

AUG 23, 2022 - 7:43 am

Surging inflation, the Fed hiking interest rates into a potential recession and supply chain disruptions remain overarching themes in the commercial vehicle market, according to ACT Research’s latest State of the Industry: NA Classes 5-8 report. read more

AUG 22, 2022 - 7:14 am

According to the Equipment Leasing & Finance Foundation’s August 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 50, an increase from the July index of 46.1. read more

AUG 18, 2022 - 6:51 am

According to a survey of corporate executives, business owners and private equity investors from Stifel Financial, inflation and the tight U.S. labor market represent the two biggest perceived threats to business today. read more

AUG 18, 2022 - 6:45 am

ACT Research shifted its forecasts last month to include an inbound recession, while this month’s forecast changes were characterized by smaller adjustments, both higher and lower, as the shape of the downturn forecasts were fine-tuned. read more

AUG 12, 2022 - 7:20 am

According to American Trucking Associations’ 2022 driver compensation study, wages for American truckers rose significantly in 2021 as demand for drivers amid the ongoing driver shortage increased competition for talent. read more

AUG 11, 2022 - 7:30 am

According to Biz2Credit’s latest Small Business Lending Index, small business loan approval percentages at small banks rose from 21.1% in June to 21.2% in July, while approvals at big banks (more than $10 billion in assets) dipped from 15.4% in June to 15.3% in July. read more

AUG 10, 2022 - 7:27 am

According to a preliminary data in a recent ACT Research report, North American Class 8 net orders in July were 11,400 units, while Classes 5-7 net orders were 13,500 units. read more

AUG 9, 2022 - 7:18 am

According to the latest Hospital ISM Report on Business from the Institute for Supply Management, economic activity in the hospital subsector grew in July for the 26th consecutive month. read more

AUG 8, 2022 - 7:03 am

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

TopMark Funding, a funding destination for commercial vehicle dealerships and small to mid-sized fleets, marked another company-record-breaking quarter in Q2/22 that included a 30% increase in the amount funded compared with Q1/22. read more

AUG 1, 2022 - 7:34 am

The global commercial lending market is estimated to register a revenue of $27,406.6 billion by 2028, growing at a healthy CAGR of 14.4% during the forecast period of 2021 to 2028, according to a new report from Research Dive. read more

AUG 1, 2022 - 7:27 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