Industry

Inventory Levels in Used Heavy-Duty Truck, Construction Machinery and Semitrailer Markets Increase

According to Sandhills Global’s newest market reports, used heavy-duty truck, semitrailer and construction machinery in Sandhills marketplaces in June followed the same trends observed in previous months, with inventory levels increasing, driving asking and auction values down. read more

Customers Bank Onboards Nearly 30-Member Former Signature Bank Venture Banking Team

Customers Bank completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. The team will be integrated with Customers Bank’s existing teams. read more

Vision Introduces Fully Integrated Asset Finance Solution with Lease Management Software

Vision, a subsidiary of Constellation Financial Software, expanded its product offerings with the introduction of fully-integrated, comprehensive lease management system. read more

Alfa Publishes Insights on SaaS and Cloud Services

Alfa, provider of Alfa Systems, published a new paper on SaaS and cloud services: Cloud Services: Finding Success with SaaS. The new paper covers the different deployment models available, the factors technology teams should consider when making deployment decisions and the consequent evolution of cloud deployment models. read more

Crédit Agricole CIB Agents Hyundai Capital America’s Inaugural Green Bond Issuance

Crédit Agricole CIB acted as joint bookrunner and sole sustainability agent for Hyundai Capital America's inaugural green bond issuance, a two-year, $750 million senior unsecured note as part of a $3 billion multi-tranche offering. read more

Economic Activity in Hospital Subsector Grew in June

According to the the latest Hospital ISM Report on Business from the Institute for Supply Management, economic activity in the hospital subsector grew in June after one month of contraction preceded by 35 consecutive months of growth. read more

KBRA Reports Aviation ABS Leases Hit Hardest by COVID

Kroll Bond Rating Agency released a report highlighting that aviation ABS lease transactions were the hardest hit by COVID-19 from a credit perspective among all structured finance sectors. read more

Worldwide Public Cloud Services Revenue Surpasses $545.8MM in 2022

According to new data from the International Data Corporation's Worldwide Semiannual Public Cloud Services Tracker, worldwide revenue for the public cloud services market totaled $545.8 billion in 2022, an increase of 22.9% over 2021. read more

Economic Activity in the Services Sector Expands in June for 6th Consecutive Month

According to the latest Services ISM Report on Business from the Institute for Supply Management, economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI registered 53.9%. read more

Amur Equipment Finance Completes 12th Term Securitization, First Rated by S&P

Amur Equipment Finance completed its 12th term securitization and issued $377 million in notes secured by equipment loans and leases originated through its platform. The transaction was rated by S&P and Moody’s, making this Amur’s first transaction rated by S&P. read more

TEL Unveils Fleet Maintenance and Reconditioning Facility in Greenfield, IN

Transport Enterprise Leasing unveiled a new 56,000 square-foot fleet maintenance and reconditioning facility in Greenfield, IN, in the east Indianapolis metro area.  read more

Commercial Chapter 11 Filings Increased 68% Y/Y in the First Half of 2023  

According to data provided by Epiq Bankruptcy, the 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68% increase over the 1,766 filed during the same period in 2022. Individual Chapter 13 filings increased by 23% during the same period. read more

Russel Investments’ Strategists Expects a Delay in Recession

According to Russell Investments’ strategists, a recession for the slowing U.S. economy is expected, though they anticipate a delay until 2024 as investor enthusiasm for artificial intelligence and resilient economic growth continue to support stocks. read more

Sentiment Towards Private Infrastructure Remains Relatively Strong

According to the recently released inaugural Institutional Infrastructure Allocations Monitor by Hodes Weill & Associates and Cornell University’s Program in Infrastructure Policy, sentiment towards private infrastructure remains relatively strong. read more

IIA ESG Global Survey Reports ESG’s Future in Global Investment Portfolios Rises

The Index Industry Association released its third annual ESG Global Survey of Asset Managers that suggests despite significant economic volatility and political frictions, ESG’s future role in global investment portfolios continues to increase. read more

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