United Rentals, an equipment rental company, reported financial results for Q4/20. The company achieved total revenue of $2.279 billion, including rental revenue of $1.854 billion, which represented a 10.1% year-over-year decrease. read more

JAN 28, 2021 - 6:59 am

PACCAR reported quarterly revenues of $5.57 billion in Q4/20 compared with $6.12 billion reported in the same period in 2019. PACCAR Financial Services achieved Q4/20 revenues of $432.6 million compared with $406.3 million in the same quarter of 2019. read more

JAN 27, 2021 - 7:17 am

The Greenbrier Companies reported financial results for its first fiscal quarter ended Nov. 30, 2020. The results included liquidity of $810 million and a new railcar backlog as of Nov. 30, 2020, of 23,900 units with an estimated value of $2.35 billion. read more

JAN 7, 2021 - 6:49 am

NETSOL reported that gross profit for the first quarter of fiscal 2021 was $6.4 million (or 50.5% of net revenues) compared with $6.1 million (or 45% of net revenues) in the first quarter of fiscal 2020. read more

NOV 18, 2020 - 7:20 am

In Chesswood Group’s Q3/20 earnings report, Ryan Marr, president and CEO of the company, said that lease modifications declined in the quarter and that the company expects to resume paying dividends starting in November. read more

NOV 12, 2020 - 7:22 am

Air Lease reported Q3/20 revenues of $494 million, marking a decrease of 7%. In addition, the company reported revenues of $1.5 billion for the nine months ended Sept. 30, 2020, marking an increase of 3.9%. read more

NOV 10, 2020 - 7:33 am

FreightCar America reported Q3/20 consolidated revenues of $25.2 million compared with $17.5 million in Q2/20 and $40.7 million in Q3/19. The company delivered 163 railcars in Q3/20 compared with 100 in Q2/20 and 467 in Q3/19. read more

NOV 10, 2020 - 7:29 am

Aircraft leasing company Avolon reported results for Q3/20, including lease revenue of $504 million and total liquidity of more than $5.7 billion. read more

NOV 2, 2020 - 7:14 am

Marlin Business Services reported Q3/20 net income of $2.7 million compared with net loss of $5.9 million in the prior quarter and net income of $7.4 million in Q3/19. Marlin also reported a 66% year-over-year decrease in total sourced origination volume in the quarter. read more

OCT 30, 2020 - 8:20 am

Penske Transportation Solutions recorded $64.5 million in earnings in Q3/20 and $108 million in earnings year to date compared with $42.2 million and $106 million, respectively, for the same periods last year. read more

OCT 26, 2020 - 7:19 am

In its Q3/20 earnings report, Wintrust Financial reported that its leasing business grew during the quarter, with its portfolio of assets, including capital leases, loans and equipment on operating leases, increasing by $20.3 million to $2 billion. read more

OCT 22, 2020 - 7:35 am

PACCAR Financial Services earned pre-tax income of $55.5 million in the third quarter this year compared with $66.5 million in the same period last year. PACCAR’s truck deliveries doubled in the third quarter compared with the second quarter of this year, reaching 36,000 units. read more

OCT 21, 2020 - 7:37 am

GATX reported Q3/20 net income was $48.2 million compared with net income from continuing operations of $37.2 million in Q3/19. Railcar North America fleet utilization was 98.2% at the end of Q3/20 compared with 98.7% at the end of the prior quarter and 99.2% at the end of Q3/19. read more

OCT 21, 2020 - 7:32 am

Truist Financial reported average loans and leases held for investment for Q3/20 were down $11.2 billion compared with Q2/20, primarily due to a decline in the commercial portfolio. However, the company reported growth in equipment finance lending. read more

OCT 16, 2020 - 7:08 am

DLL reported a portfolio increase of 2% in the first six months of 2020 in addition to a 5% drop in new business volume compared with the first six months of 2019. DLL also recorded a year-over-year drop of 71% in net profit from 2019. read more

AUG 27, 2020 - 6:40 am