The Equipment Leasing and Finance Association presented a webinar focused on the topic of electronic documents on March 24 and provided five key takeaways, including an explanation of the material statutes that govern such documentation. read more
APR 21, 2021 - 6:50 am
Organizations are forecast to spend nearly $6.6 billion on blockchain solutions this year, an increase of more than 50% compared with 2020, according to a new update to the International Data Corporation Worldwide Blockchain Spending Guide. read more
APR 21, 2021 - 6:47 am
The Greenbrier Companies increased the size of its previously announced offering of convertible senior notes due 2028 to an aggregate principal amount of $325 million. read more
APR 19, 2021 - 6:40 am
In its 2021 Current Aircraft Finance Market Outlook, Boeing projects global and diversified funding will continue to flow into the aircraft financing sector as the aviation sector navigates the global COVID-19 pandemic and vaccine deployment continues to accelerate. read more
APR 15, 2021 - 6:15 am
According to Ritchie Bros. Market Trends, which is now updated with new data daily, U.S. truck tractor pricing was up 20% year over year for the three months ending March 31, 2021, while medium earthmoving equipment prices in the United States were up 15%. read more
APR 15, 2021 - 6:08 am
Air Transport Services Group upsized and priced the previously announced add-on private offering by its wholly owned, indirect subsidiary, Cargo Aircraft Management, of $150 million in aggregate principal amount of 4.75% senior notes due 2028. read more
APR 12, 2021 - 6:43 am
McGrath RentCorp acquired Kitchens To Go, a provider of interim and permanent modular solutions for foodservice providers that require facilities to continue or expand operations. read more
APR 12, 2021 - 6:37 am
CIT’s real estate finance business served as sole lead arranger on a $27 million loan to finance the acquisition of a warehouse and distribution center in Green Cove Springs, FL. The property was acquired by an entity managed by PKY Special Situations. read more
APR 9, 2021 - 6:20 am
Hyliion, a provider of electrified powertrain solutions for Class 8 semi-trucks, formed the Hypertruck Innovation Council, a select group of fleet, logistics and transportation industry participants that will actively support the development of Hyliion’s Hypertruck powertrain solution. read more
APR 8, 2021 - 6:33 am
Plug Power, Chart Industries and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund, a new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. read more
APR 7, 2021 - 5:58 am
Corcentric, a provider of business-spend and revenue management software and services, expanded its global alliance partner program. Through the program, Corcentric will provide its clients with a network of third-party software and services. read more
APR 7, 2021 - 5:56 am
In March, Ritchie Bros. conducted its largest Texas auction ever, attracting 76% more bidders year over year and achieving $95 million in gross transaction value, surpassing its previous Texas sales record from June 2020 by 17%. read more
APR 2, 2021 - 6:03 am
According to February data from ACT Research’s For-Hire Trucking Index, the Driver Availability Index has tightened to another new low point in the past three years. read more
APR 2, 2021 - 6:01 am
Plus (formerly Plus.ai), a provider of self-driving truck technology, added $220 million in new financing co-led by FountainVest Partners and ClearVue Partners, with participation from Quanta Computer, Phi Zoyi Capital and Millennium Technology Value Partners. read more
APR 1, 2021 - 6:50 am
The Digital Innovation Group (DIG), a GA Telesis company, and the Government Blockchain Association (GBA) formed a GBA aviation and aerospace working group. The group will explore the use of blockchain in the aerospace and aviation industry. read more
APR 1, 2021 - 6:48 am