Of Interest

ABI: April Commercial Chapter 11 Filings Fall 32% Year/Year

According to the American Bankruptcy Institute, total commercial filings dropped 32% to 391 in April from the April 2017 total of 575. read more

Bloomberg: Libor Won’t Back Down

Bloomberg reported that Libor is attempting to fend off a challenge to its throne as the global benchmark for dollar-based assets from suddenly scrutinized SOFR. read more

White Clarke Wins Digital Innovation of the Year – Consumer Lending Award

White Clarke Group, in partnership with Toyota Financial Services UK, won the Digital Innovation of the Year – Consumer Lending from the Motor Finance: Europe Conference & Awards. read more

Mack Plans for 2019 Electric Refuse Model in New York

Mack Trucks plans to have a fully electric Mack LR refuse model equipped with an integrated Mack electric drivetrain operating in New York City in 2019. read more

Volvo Financial Services Named a Best Workplace in Canada

Volvo Financial Services (VFS) Canada was named a “Best Workplace” in Canada by the Great Place to Work Institute. read more

LeaseQ Boasts Four Employees with CLFP Designation

LeaseQ's Sean Evans, Patrick O’Connor, Max Tirey and David Trost all gained the CLFP designation from the Certified Lease & Finance Professional Foundation. read more

Ballard, Hyster-Yale Sign Deal for Fuel Stacks for Class 3 Lift Trucks

Ballard Power Systems signed a master supply agreement with Hyster-Yale Group encompassing the supply of minimum annual volumes of Ballard FCgen-1020 air-cooled fuel cell stacks for use in powering Class 3 lift trucks. read more

Gordon Brothers Receives Investment from Trident VII Funds

Trident VII Funds managed by Stone Point Capital made an investment in Gordon Brothers. Stone Point Capital is a private equity firm focused on investing in the financial services industry. read more

Global Indoor Farming Technologies Market to Grow 20% by 2022

According to a market research forecast from Technavio, the global indoor farming technologies market will grow at a CAGR of nearly 20% from 2018 to 2022. read more

Baker Hughes: U.S. Rotary Rig Counts Up 17.5% Year/Year

Baker Hughes’ latest rotary rig count showed there were 1,021 active rigs operating in the U.S. as of April 27, 2018, up 151 or 17.5% compared to the same week last year. read more

Wells Fargo Announces $200B Sustainable Financing Commitment

Wells Fargo will provide $200 billion in financing to sustainable businesses and projects by 2030, with more than 50% focused on clean technology and renewable energy transactions. read more

OSG Billing Services Acquires Paybox

OSG Billing Services completed the acquisition of Paybox, a payments solutions provider that facilitates more than $160 billion worth of transactions annually, headquartered in Fort Lauderdale, FL. read more

White Clarke Group Global Tech Report Examines Blockchain, Cybercrime

White Clarke Group launched a report that examines important topics in the industry such as artificial customer service, cryptocurrency, blockchain and cybercrime. read more

Navistar Could Be Taken Over by Volkswagen

The Wall Street Journal reported a possibility that Volkswagen will take full control of Navistar. read more

Boeing Business Jets Executes Flyaway of First BBJ MAX Airplane

Boeing announced the fly away of the first BBJ MAX airplane, which extends the range, performance and cabin comforts of the business jetliner. read more

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