After essentially holding the line on the forecast since last July, ACT Research pushed its 2024 Class 8 truck production and sales expectations up in February, as published in the latest release of its North American Commercial Vehicle Outlook. read more

FEB 13, 2024 - 6:48 am

Allied Market Research published a report that found the global intelligent process automation industry generated $13.4 billion in 2022 and is anticipated to generate $50.7 billion by 2032, witnessing a CAGR of 14.6% from 2023 to 2032. read more

FEB 12, 2024 - 6:00 am

According to International Data Corporation, shipments of artificial intelligence personal computers will grow from nearly 50 million units in 2024 to more than 167 million units in 2027. By the end of the forecast, IDC expects AI PCs will represent nearly 60% of all PC shipments worldwide.  read more

FEB 9, 2024 - 6:56 am

Equipment, truck and trailer markets are skewing toward newer machines, putting downward pressure on asking and auction values for late-model units, according to the newest market reports from Sandhills Global. read more

FEB 7, 2024 - 6:44 am

Vesper Energy closed $590 million in debt financing for its Hornet Solar project. The bank group for the financing includes MUFG Bank, Nord/LB and Santander Corporate & Investment Banking as coordinating lead arrangers.   read more

FEB 1, 2024 - 6:41 am

Small businesses and legal and compliance professionals are increasing their levels of readiness to comply with new U.S. beneficial ownership reporting requirements, according to the results of a new poll by Wolters Kluwer CT Corporation. read more

FEB 1, 2024 - 6:39 am

Assurant launched a new finance and insurance (F&I) sales training, the Commercial Truck F&I Professionals Class, as part of its Automotive Training Academy. read more

JAN 31, 2024 - 6:38 am

First Citizens Bank’s healthcare finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, NC, and Seattle. read more

JAN 29, 2024 - 6:48 am

According to preliminary data from ACT Research, net trailer orders increased nominally from November to December. At 24,300 units, orders were lower compared to last December, down nearly 58% year over year. read more

JAN 16, 2024 - 6:58 am

The convergence of continued strong build rates, a fading U.S. tractor sales trend and early-in-the-year sales seasonality risk a Class 8 truck inventory surge in Q1/24, according to ACT Research. read more

JAN 12, 2024 - 6:37 am

The asset-based lending market held steady in Q3/23 amid positive developments in the U.S. economy, such as easing inflation, strong consumer spending and a solid job market, according to data released by the Secured Finance Network. read more

JAN 5, 2024 - 6:30 am

Wolters Kluwer launched an expert solution aimed at helping the nearly 33 million U.S. businesses impacted by the beneficial ownership reporting rule under the Corporate Transparency Act. read more

JAN 4, 2024 - 6:45 am

In a 2024 outlook report, Mitsubishi UFJ Financial Group’s U.S. macro strategy team looked at the various economic scenarios for 2024, writing that the best case is a mild U.S. recession — a bumpy landing — for next year. read more

JAN 3, 2024 - 6:42 am

Fourshore Partners acquired Power Funding, a factoring company focused on the oil and gas and transportation industries. Meadows Collier and Hovde Group served as advisors to the seller. read more

JAN 2, 2024 - 6:43 am

Air Methods, a provider of air medical services in the U.S., emerged from Chapter 11 bankruptcy. As a result of the restructuring process, Air Methods reduced its total debt by approximately $1.7 billion. read more

DEC 29, 2023 - 6:38 am