Ritchie Bros. attracted close to 12,000 bidders for its recent Rocky Mountain regional online auction, selling more than 4,150 items for more than $54 million, making it the company's largest auction ever in the region. read more
MAR 12, 2021 - 6:39 am
According to Ritchie Bros., U.S. truck tractor pricing was up 15% year over year for the three months ending Feb. 28, 2021, while pricing for vocational trucks, lifting and material handling, and heavy equipment was up 10%, 9% and 5%, respectively. read more
MAR 11, 2021 - 6:22 am
According to ACT Research’s most recent For-Hire Trucking Index incorporating January data, the Driver Availability Index tightened to its lowest point in the past three years. read more
MAR 8, 2021 - 6:25 am
Ritchie Bros. experts, along with a few special guests, will share new industry knowledge and insights through two free online discussion panels for the construction and transportation industries today. read more
MAR 8, 2021 - 6:24 am
Wintrust Financial has received 6,973 applications for $1.27 billion in loans since it opened its platform on Jan. 11 to accept client submissions for the latest round of the Paycheck Protection Program from the U.S. Treasury Department and Small Business Administration. read more
MAR 5, 2021 - 6:49 am
Ritchie Bros. sold more than 5,100 equipment items and trucks for more than C$53 million ($42 million) during a three-day online auction in Edmonton, AB, held during the last week of February. read more
MAR 5, 2021 - 6:47 am
Tiger Group will be accepting bids until March 9 for an online auction of heavy equipment, paving equipment, trucks, trailers and tools from Advanced Pavement Group (APG), a paving contractor based in the Northeast. read more
MAR 3, 2021 - 6:34 am
Vedder Price created a task force to assist clients impacted by the indictment involving Aircraft Guaranty Corporation (AGC) and Wright Brothers Aircraft Title (WBAT) filed by the United States Attorney’s Office for the Eastern District of Texas on Feb. 24, 2021. read more
MAR 2, 2021 - 7:22 am
Many small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey. read more
MAR 2, 2021 - 7:12 am
Volkswagen Financial Services UK, has partnered with Scrive and Onfido to launch a digital financing solution for UK dealerships that will integrate Scrive’s electronic signature services and Onfido’s digital identity verification services. read more
MAR 1, 2021 - 6:47 am
CNH Industrial exercised the second one-year extension option (i.e. to March 2026) of its syndicated committed revolving credit facility for €3.9505 billion ($4.76 billion). read more
MAR 1, 2021 - 6:45 am
UBIX, an artificial intelligence on demand for business company, entered an alliance with Tri-Fin Capital, a provider of funding solutions for technology and software related projects, to help small and mid-market companies access AI. read more
FEB 26, 2021 - 6:41 am
CIBC joined RMI's Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center's efforts to align financial decision-making with the long-term decarbonization of the real economy. read more
FEB 22, 2021 - 6:39 am
Voyager Aviation entered into a restructuring support agreement documenting its previously announced agreement in principle with beneficial owners of approximately 60% of the company’s 8.5% senior notes due 2021 and holders of 100% of the company’s equity. read more
FEB 22, 2021 - 6:35 am
TCF Bank’s middle market team was named a winner of the 2020 Greenwich Excellence Award for U.S. Middle Market Banking in two regional categories: cash management overall satisfaction and likelihood to recommend. read more
FEB 22, 2021 - 6:32 am