ECN Capital will sell $1,487 million of railcar assets to affiliates of ITE Management and Napier Park Global Capital. The company also reported financial results for Q2/17. read more

AUG 11, 2017 - 7:44 am

Element Fleet Management released its Q2/17 financial results, reporting core fleet management net revenue was C$436.5 million ($344.09 million) in the first half of the year, down 2.9% from C$449.7 million ($354.5 million) in the first half of 2016. read more

AUG 11, 2017 - 7:04 am

Triton International reported Q2/17 earnings were up 32% from $34.6 million in Q1/17. Triton noted stronger than expected global containerized trade growth this year has boosted revenue. read more

AUG 11, 2017 - 6:46 am

FLY Leasing reported net income of $2.9 million in Q2/17, down from the $4.7 million the company earned in Q2/16. The company also grew its aircraft portfolio to 81. read more

AUG 10, 2017 - 7:19 am

OnDeck reported lower Q2/17 net losses compared to the same quarter in 2016. Loan volume of $464.4 million was down from $589.7 million a year earlier. read more

AUG 9, 2017 - 7:17 am

Willis Lease Finance reported YTD/17 net income of $13.5 million was up 82.9% from $7.4 million a year earlier. Total revenue of $145.8 million was up 45.3% YTD compared to the first six months of June 2016. read more

AUG 9, 2017 - 7:05 am

Aircastle reported an 18% increase in total revenues in Q2/17 and an 8% increase in total lease rental and finance and sales-type lease revenues. read more

AUG 9, 2017 - 6:25 am

Volvo Financial Services recorded a higher level of new business volume in Q2/17 on stable deliveries and improved penetration, despite intense competition in most markets. read more

AUG 7, 2017 - 7:37 am

CNH Financial reported Q2/17 new retail loan originations were $2.3 billion, “flat” compared to Q2/16. The managed portfolio of $25.6 billion at June 30, 2017 was up $0.3 billion compared to June 30, 2016. read more

AUG 7, 2017 - 7:13 am

Marlin Business Services reported Q2/17 origination volume of $167.8 million, up 34.3% year-over-year, a Q2 record. Marlin’s net investment in leases and loans increased to $858.7 million, up 18% from Q2/16. read more

JUL 28, 2017 - 7:16 am

Rush Enterprises said Q2/17 Class 8 truck sales increased 29.3% compared to the same quarter in 2016. Rush noted its Q2 Class 8 sales accounted for 6.9% of the U.S. Class 8 truck market. read more

JUL 27, 2017 - 7:30 am

Snap-on reported financial services originations of $270.6 million in Q2/17 were down 3.7% from $281.0 million a year earlier. read more

JUL 27, 2017 - 7:05 am

CIT reported Q2/17 net income of $157 million compared to $17 million for the same quarter a year ago. The company noted a pre-tax gain of $146 million on the sale of its Commercial Air business. read more

JUL 26, 2017 - 6:55 am

Cat Financial reported Q2/17 profit was up 12% compared to the same quarter in 2016. Retail new business volume was $2.69 billion, down 12% or $367 million compared to the same year-ago quarter. read more

JUL 26, 2017 - 6:41 am

PACCAR Financial Services reported Q2/17 pre-tax income was $63.0 million compared to $77.3 million in Q2/16. Revenues in Q2/17 of $306.3 million were up from $297.4 million a year earlier. read more

JUL 26, 2017 - 6:30 am