Of Interest

Alfa Commits to Achieve Net-Zero Emissions by 2030

Alfa, provider of Alfa Systems, has received validation for its science-based targets and reaffirmed its commitment to achieve net-zero emissions by 2030. read more

Mullen Automotive Receives EPA Certification for Commercial Class 3 Electric Vehicles

Mullen Automotive, a Southern California-based electric vehicle manufacturer, received full approval and certification from the Environmental Protection Agency for commercial Class 3 electric vehicles on Sept. 22. read more

ACT Research: Freight Markets Remain Soft Amid Private Fleet Expansion

Though significant progress has been made in rebalancing, it’s unlikely that freight industry capacity will broadly tighten until pressure from capacity growth eases, according to ACT Research. read more

ACT Research: Factors Signal a Fundamentally Weaker U.S. Tractor Market in 2024

Factors are at work in 2024, and those factors will help support a fundamentally weak U.S. tractor market, according to ACT Research. read more

Assurant Earns Place on TIME’s 2023 List of the World’s Best Companies

Assurant, a business services company that supports, protects and connects major consumer purchases as well as commercial equipment, was recognized on TIME’s 2023 list of the world’s best companies. read more

TIAA Bank Completes Official Rebrand as EverBank

TIAA Bank completed its official rebrand as EverBank this week. Last month, TIAA completed the sale of TIAA Bank to private investors, with the bank beginning to operate as EverBank under a new national bank charter. read more

Access Capital Upgrades to Solifi’s SaaS Asset-Based Lending Solution

Access Capital, a privately-owned asset-based lending firm based in New York, upgraded from Solifi’s legacy on-premise platform (ABLM.NET) to Solifi ABL on Solifi’s Open Finance Platform. read more

Baker Hughes and Tellurian to Supply Equipment for Liquified Natural Gas Project

Natural gas company Tellurian and Baker Hughes entered an agreement to supply eight main refrigerant compression packages for phase one of the Driftwood LNG (liquefied natural gas) project in Louisiana. read more

Udvar-Hazy to Speak at Deutsche Bank Aircraft Finance & Leasing Conference

Steven F. Udvar-Házy, executive chairman of Air Lease, will be presenting at the Deutsche Bank 13th Annual Aircraft Finance & Leasing Conference in New York City. read more

Santa Cruz County Bank Forms Bank Holding Company

Santa Cruz County Bank consummated a holding company reorganization with the formation of West Coast Community Bancorp, which went into effect on Aug. 18. read more

BMO Appoints Former Morneau Shepell Chief Human Resources Officer to Board of Directors

Bank of Montreal appointed Hazel Claxton, former executive vice president and chief human resources officer of Morneau Shepell (now part of TELUS Health), to its board of directors. read more

Titan Machinery to Acquire Australian Case IH Dealership Group for $63MM

Titan Machinery, an owner of a network of agricultural and construction equipment stores, entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons (O’Connors), a Case IH dealership group in Australia, for $63 million in cash. read more

Gibraltar Business Capital Provides $26.4MM in Acquisition Financing to Lion Equity Partners

Gibraltar Business Capital provided a $26.4 million senior credit facility to Lion Equity Partners, a Denver-based private equity firm, to support its acquisition of Country Life, which operates a portfolio of brands in the natural supplements, sports nutrition and personal care markets. read more

Inflation Takes Toll on Employee Financial Stress, Productivity

According to PNC Bank’s inaugural survey about financial wellness in the workplace, seven in 10 employees said they experience stress related to their personal finances. Inflation is a key factor, with 90% of those surveyed saying that they are being negatively affected by inflation. read more

Synchrony Introduces New Structure to Streamline Equipment Purchases

Synchrony unveiled its All-in Advance Structure, which is designed to make purchasing powersports and other outdoor equipment faster and easier. read more

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