Of Interest

Fleet Advantage Earns Technology Award for Fleet Optimization Solutions

Fleet Advantage was awarded the Technology Leadership Award for Fleet TCO Optimization Solutions in North America by the global industry research and consulting firm Frost & Sullivan.  read more

AirAsia Receives $1B Offer for Leasing Company

According to Bloomberg, AirAisa CEO Tony Fernandes said that the company received an offer valued at roughly $1 billion for its aircraft-leasing business. read more

The Larson Group Acquires Three Peterbilt Dealership Locations

The Larson Group Peterbilt acquired the Southeast Atlantic Peterbilt dealership, which includes three Peterbilt locations in the Carolinas. read more

Bloomberg: Citigroup Will Pay $425MM to Settle Allegations of Interest Rate Rigging

Bloomberg reported Citigroup will pay $425 million to resolve claims that from 2007 to 2012 it tried to rig interest-rate benchmarks. read more

GE Wins Deal to Supply Engines to South Korea Fighter Jet Project

Reuters reported South Korea selected GE over a European consortium to supply engines for its KF-X fighter jet project. read more

Zoomlion Ends Pursuit of Terex, Konecranes Deal to Continue

Reuters reported that Zoomlion, a Chinese manufacturer of construction equipment, will walk away from its $3.4 billion bid for Terex after the companies failed to agree on terms. read more


CIT Provides $35MM Financing for Bascom Group and Oaktree

CIT Real Estate provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group and funds managed by Oaktree Capital Management. read more

U.S. Rail Traffic Drops 8.5%

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending May 21, 2016 was 506,983 carloads and intermodal units, down 8.5% compared with the same week a year ago. read more

Macro Jets Launches Business Jet Sales Unit

Macro Jets announced a dedicated sales division aimed at facilitating the process of acquiring light, mid, heavy and jumbo-size business jets. read more

CHP Consulting’s Denton Wins Auto Finance Personality Award

Andrew Denton, chief executive of the Leasing Foundation and chief operating officer at CHP Consulting, won the Auto Finance Personality of the Year award at the International Auto Finance Network awards. read more

CNH Construction Equipment Plant Achieves Bronze Level Designation

CASE Construction Equipment, the global construction equipment brand of CNH Industrial, received a Bronze Level World Class Manufacturing (WCM) certification for its excavator plant in San Mauro, Italy. read more

Regulators Invite Comment on Rule to Prohibit Incentive-Based Pay

Six federal agencies are inviting public comment on a proposed rule to prohibit incentive-based compensation arrangements that encourage inappropriate risks at covered financial institutions. read more

Technological Innovation Essential to Spur U.S. Manufacturing Growth

According to the 2016 Industrial Manufacturing Trends Report published by PwC, investments in technology are “essential” for the growth of the U.S. manufacturing sector. read more

GE Enters Container Ship Industry, Announces Maersk Contract

GE’s Marine Solutions announced the expansion of its offering with the signing of a key contract to provide the latest in auxiliary electric power systems to container ship operator, Maersk Line. read more

DLL Shortlisted for BusinessGreen Leaders Awards

DLL was shortlisted for the BusinessGreen Leaders Awards’ brand new category, Circular Economy Project of the Year. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com