Of Interest

CoBank: Resilient Labor Market Delays Economic Slowdown

According to a new quarterly report from CoBank, inflation remains the biggest economic challenge ahead, but a strong job market and demand for labor is preventing the economy from cooling too quickly. read more

Stellantis Partners with BNP Paribas, Crédit Agricole and Santander to Consolidate Leasing Brands

Stellantis launched a new structure for its financing and leasing services in Europe, partnering with BNP Paribas Personal Finance, Crédit Agricole Consumer Finance and Santander Consumer Finance to consolidate under Stellantis Financial Services and Leasys brands. read more

Chadwick BaRoss Expands Volvo Construction Equipment Partnership

Chadwick BaRoss, a New England-based supplier of heavy construction equipment, concluded an asset acquisition from Woodco Machinery, allowing it to expand its existing partnership with Volvo Construction Equipment. read more

CFPB Finalizes Rule to Implement Changes Made by Section 1071 of Dodd-Frank Act

The Consumer Financial Protection Bureau finalized the rule to implement changes made by Section 1071 of the Dodd-Frank Act that requires lenders to collect and report information about small business credit applications. read more

S&P Global Ratings Affirms Average Servicer Ranking for Stratos Aircraft Management

S&P Global Ratings affirmed its average ranking for Stratos Aircraft Management as an aircraft servicer and noted that the company’s ranking outlook is stable.  read more

California Disclosure Laws Cause 40% of Lenders to Avoid Smaller Deals

According to the Secured Finance Network, since new California disclosure rules were implemented in December 2022, 40% of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold of less than $500,000.  read more

Trinity Industries Acquires RSI Logistics for $70MM

Trinity Industries acquired RSI Logistics for a purchase price of $70 million. RSI Logistics is a data-centric provider of proprietary software, logistics services and terminal management solutions for the North American rail industry. read more

FDIC Establishes Signature Bridge Bank as Successor to Closed Signature Bank

The New York State Department of Financial Services closed Signature Bank over the weekend and appointed the FDIC as receiver. The FDIC transferred all deposits and assets to a bridge bank that began operations on Monday. read more

WIT Recognizes Ryder’s Hutton and Karr as Top Women to Watch in Transportation

Ryder System announced Joanna Hutton, director of sales, and Leslie Karr, group director of customer success for Ryder e-commerce, have been recognized as part of the “Top Women to Watch in Transportation” list in 2023 by the Women In Trucking Association (WIT). read more

Kaman Enters Commercial Agreement with PHI Aviation

Kaman Aerospace and PHI Aviation entered into a master commercial agreement for the promotion, sales and support of a commercial version of Kaman’s KARGO UAV unmanned aerial system, including collaboration relating to its ongoing design and certification. read more

KBRA Wins Big at The Asset Awards

Kroll Bond Rating Agency was named The Asset Triple A Rating Agency of the Year for 2022 in two categories at The Asset Awards, which are productid by financial market publication The Asset. read more

CASE Construction Partners with Crew Collab to Build Counseling Program for Students

CASE Construction Equipment partnered with nonprofit Crew Collaborative to sponsor and help build up FrameWork, an-all new career counseling and mentoring program for high school students interested in the construction industry.  read more

Greenbrier Board Member Starling Passes Away

David L. Starling, a board member of The Greenbrier Companies, passed away at the age of 73. Starling served on Greenbrier's board since 2017 and was recently reelected to a three-year term. read more

Onset Financial CFO Named to Utah Business’ 40 Under 40 List

Utah Business recognized Remington Atwood, CFO of Onset Financial, on its annual 40 Under 40 list. read more

Clutch Recognizes Liventus as the Top 1000 Global Service Provider of 2022

Clutch, the ratings and reviews platform for IT, marketing and business service providers, named Liventus as one of top 1000 global service providers in 2022. read more

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