Of Interest

Ritchie Bros. Tops Auction Record in British Columbia by 39%

Ritchie Bros. sold more than 1,600 equipment items and trucks for more than C$34 million ($26 million) in its two-day, online-only auction in Chilliwack, British Columbia, surpassing the previous site record by 39%. read more

Fleet Advantage COO/CTO Griffin to Present at IFDA Distribution Solutions Conference

James Griffin, CTP, chief operating officer and chief technology officer of Fleet Advantage, will present at this year’s digital IFDA Distribution Solutions Conference. Griffin’s session is scheduled for Wednesday, Oct. 28, at 1:30 p.m. EDT. read more

Ryder Launches New Used Vehicle Sales Channels

Ryder launched a new used vehicle sales website. The new site includes an expanded inventory of used vehicles as well as new search tools and features. Ryder also implemented several openings and expansions of its used vehicles sales centers. read more

Ritchie Bros. Schedules First Canadian Regional Timed Auction for Nov. 4

On Nov. 4, Ritchie Bros. will host its first Canadian regional timed auction event, with hundreds of items selling for dozens of owners across Western Canada. read more

LeaseAccelerator Reveals Eight Week Implementation Guarantee

LeaseAccelerator introduced LeaseAccelerator Guarantee, which aims to help customers achieve rapid lease accounting compliance through automation by guaranteeing that customers can see success in just eight weeks or the professional services are free. read more

Inovatec Systems Rebrands Compass Lending Platform as JAVELIN

Inovatec Systems rebranded its Compass Lending Platform under the JAVELIN name, with the Compass Direct Portal now known as JAVELIN Direct, Compass Asset Finance now known as JAVELIN LOS, and Compass Loan Management now known as JAVELIN LMS. read more

Former Head of Equipment Finance for Fifth Third Joins Old Second Bancorp’s Board

Old Second Bancorp, the holding company for Old Second National Bank, added two new members to its board of directors, including Jill E. York, who most recently served as president and head of equipment finance and leasing solutions for Fifth Third Bank until April 2020. read more

North Star Leasing Donates Equipment to Firewood Donation Initiative in Vermont

North Star Leasing is donating a portable wood conveyor to Wood for Good, an initiative donating firewood to Vermonters who need to heat their homes. read more

TD Investments More Than $5.5MM in International African American Museum

TD Community Development Corporation allocated new markets tax credits to the International African American Museum in Charleston, SC, to assist in its construction project and opening, resulting in an equity investment of more than $5.5 million from TD. read more

Goldman Sachs to Honor Stonebriar’s Fate as One of the Most Intriguing Entrepreneurs of 2020

Goldman Sachs will recognize Dave B. Fate, president and CEO of Stonebriar Commercial Finance, as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators Summit. read more

WSJ Recognizes BMO as One of the World’s Most Sustainably Managed Companies

The Wall Street Journal named BMO Financial Group among the top 15 of its first ever ranking of the 100 most sustainably managed companies in the world. BMO is the only bank in the top 50 and the only Canadian bank to be listed in the rankings. read more

IDC: Traditional PC Market Grows by Double Digits in Q3/20

According to the International Data Corporation, global shipments of PCs grew 14.6% year over year to 81.3 million units in Q3/20, reflecting the need to maintain continuity of business and online schooling in the midst of the COVID-19 pandemic. read more

ISM: Hospital Subsector Grows in September, Business Activity at Slower Rate, New Orders Up

Economic activity in the hospital subsector grew in September for the fourth consecutive month, according to the latest Hospital ISM Report On Business from the Institute for Supply Management. read more

BMO Partners with The Clearing House to Offer Real-Time Payments to Business Customers

BMO Financial Group is partnering with The Clearing House Payments Company to allow business customers in the U.S. to receive funds immediately from any sending participant bank in the Real-Time Payments network. read more

Ryder Selects PowerFleet to Secure North American Supply Chain Operations

Ryder System chose PowerFleet to embed telematics into its forklifts and other material handling equipment within its warehouses. read more

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