Of Interest

U.S. Airlines Turn to Used Jets in Cheap Fuel Environment

According to Bloomberg, Southwest and other U.S. airlines are turning to second-hand jetliners from developing nations because older and less efficient aircraft are more economical due to cheaper fuel prices. read more

Railroad Traffic Dips 16.1% in April

According to reported volumes from the Association of American Railroads, carload traffic in April totaled 944,339 carloads, down 16.1% or 180,598 from April 2015. read more

CIT Study Reveals Solid Prospects for Real Estate Sector

According to a study from CIT, 52% of commercial real estate executives believe that their segment of the market is either strong or very strong and 71% say adequate capital is available for investment. read more

Wells Fargo Problem Loans Up 62% on Weak Oil & Gas Market

According to Reuters, Wells Fargo reported a 62% increase in problem loans primarily due to weakness of oil and gas companies. read more

Linedata Capitalstream Recognized by Aite Group

Linedata Capitalstream was shortlisted in Aite Group’s “Commercial Loan Origination: Evaluating Scale-Enabling Vendors” January 2016 report. read more

First American Named Second Best Company to Work for in NY

First American Equipment Finance was named as one of the Best Companies to Work for in the state of New York for the fifth consecutive year. read more

Penske Logistics Named Corporation of the Year by ASC Magazine

Penske Logistics won the North America Corporation of the Year Award by Automotive Supply Chain magazine. Penske was one of 17 companies and individuals awarded. read more

Med One Capital Completes Construction on Second Corporate HQ Building

After a year of construction, Med One Capital will open the doors of its second corporate headquarters building. read more

JX Leasing Earns Peterbilt Franchise of the Year Award

JX Leasing was named the Peterbilt Franchise of the Year, an annual award given by PACCAR Leasing. read more

Fortune Names First American One of 50 Best Workplaces for Giving Back

Fortune Magazine and consulting firm Great Place to Work named First American Equipment Finance No. 26 among the country's 50 Best Workplaces for Giving Back. read more

Reuters: Major Regional Banks Prepare for Energy Loan Losses

According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector. read more

JPM: U.S. Businesses Optimistic on Growth; Uncertain About Economy

According to the results from the 2016 JPMorgan Chase Business Leaders Outlook report, U.S. businesses are optimistic for growth but uncertain about the national and global economies. read more

GE Oil Could Be Next in Line for Baker Hughes

According to Bloomberg, GE could emerge as the most likely bidder for Baker Hughes if the oilfield service company’s planned merger with Halliburton falls through. read more

Caterpillar Introduces “The Age of Smart Iron”

At bauma 2016, Doug Oberhelman, chairman and CEO of Caterpillar, unveiled a new strategy aimed at improving productivity, efficiency, safety and probability to customers. read more

Online Rental Network Delivers First Construction Equipment to Mars

BigRentz, an online construction equipment rental network, confirmed the first successful delivery of construction equipment to Mars, part of NASA’s colonization project. 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