Of Interest

Ryder Electric Vehicles Arrive in W.B. Mason’s Delivery Fleet

W.B. Mason, the second largest privately-owned office products dealer in the U.S., took delivery of Ryder’s Workhorse E-GEN electric, range-extended step vans. read more

The Week: A Look Inside the Decline of General Electric

According to a report from The Week, General Electric’s market capitalization decline has its origins in the rise and fall of its GE Capital financial service businesses. read more

Fitch: Bank Ratings Won’t Be Affected by Dodd-Frank Changes in Short Term

According to a Fitch Ratings report, small to mid-size banks should not experience any ratings issues in the short term following the passage of legislation lessening the burden of financial regulations. read more

Fed Raises Interest Rates, First Rate Hike This Year

The Federal Reserve raised interest rates by a quarter-point, its first rate hike this year, in a decision that was widely anticipated by markets. read more

KBRA Comments on Element Fleet’s Stake in 19th Capital Joint Venture

Kroll Bond Rating Agency released a comment on the Q4/17 results of Element Fleet Management, which included a significant charge related to the company’s 49.99% interest in 19th Capital, a joint venture involved in leasing highway tractors and trucks in the U.S. read more

Triton International Closes $450.3MM Fixed Rate Asset-Backed Notes

Triton International’s wholly owned subsidiary, Triton Container Finance VI, completed its offering of $429.3 million fixed rate asset-backed notes, Class A at an annual yield of 3.987% and million fixed rate asset-backed notes, Class B at an annual yield of 4.837%. read more

Jack in the Box Sells Qdoba to Apollo Global Management

Jack in the Box announced the completion of its sale of Qdoba to Apollo Global Management in a $305 million cash deal. read more

H.I.G. Capital Completes Acquisition of Wastequip

Wastequip, a North American manufacturer of waste equipment, was acquired by an affiliate of private equity investment firm H.I.G. Capital. Wastequip was owned by Centerbridge Partners since 2012. read more

Prestige Passes $100MM in Committments For SME Lending Fund

Prestige Funds announced its Commercial Finance Opportunities Fund has passed $100 million in assets. read more

Gordon Brothers to Sell Assets of Triad Racing Technologies

Global advisory, restructuring and investment firm Gordon Brothers has been engaged by Triad Racing Technologies to sell the assets associated with it race engine shop located in Mooresville, NC. read more

ATA: Truckload Turnover Rate Sinks in Final Quarter of 2017

American Trucking Associations Chief Economist Bob Costello said the driver turnover rate at truckload carriers fell in the final three months of 2017, but the rate stayed higher than in the previous year. read more

Charter Operators Begin Accepting Bitcoin

According to the National Business Aviation Association, some charter companies are accepting Bitcoin in response to growing consumer demand. read more

Baker Hughes Reports Large Y/Y Increase in Weekly Rig Count

In the week ended March 16, 2018, Baker Hughes reported a U.S. rig count of 990, which was six more than the previous week’s reported count. Baker Hughes also noted that the count marked an increase 201 from the same period a year ago. read more

Boeing 737 MAX 7 Completes Successful First Flight

Boeing’s new 737 MAX 7 successfully completed its first flight. The aircraft remains on schedule and now begins a flight test program leading to certification and delivery in 2019. read more

AED Expresses Concern Over Steel and Aluminum Tariff Proclamations

In a news release, the American Equipment Distributors Association expressed concern about the impact of steel and aluminum tariff proclamations. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com