Hitachi Capital Reports $4.6B in Fiscal 2017 Total Funded Volume

Hitachi Capital America reported $4.6 billion in total funded volume in fiscal 2017. The specialty finance company also surpassed $3 billion in total assets. read more

First Foundation Adds Sanchez as Loans Operations Assistant

Nelly Sanchez joined First Foundation Bank as a loan operations assistant in the Equipment Finance department. read more

China Lending Launches Financial Leasing Services

China Lending announced the expansion of its service offerings with the launch of its financial leasing services which will be operated through two wholly-owned subsidiaries. read more

AmeraMex International Names Dilbeck-Stone its New CFO

AmeraMex International appointed Hope Dilbeck-Stone as chief financial officer, effective June 4, 2018. She will replace Tracie Hannick, who tendered her letter of resignation. read more

J.D. Power Class 8 Used Commercial Truck Prices Stronger Than Expected

In its May 2018 Commercial Truck Guidelines Industry Update, J.D. Power Valuation Services found the volume of Class 8 trades was lower than forecasted, which resulted in more stable prices. read more

Leslie Doggett Industries Acquires Truck Centers of Arkansas

Leslie Doggett Industries acquired privately-held Truck Centers of Arkansas, giving Doggett distribution rights for all Freightliner and Western Star branded trucks. read more

U.S. Equipment Rental Industry Revenue to Exceed $64B in 2022

The American Rental Association projected U.S. equipment and event rental industry revenue to grow consistently on an annual basis, resulting in total revenue of $64.1 billion in 2022. read more

Wabtec and GE Transportation to Merge

Wabtec entered into a definitive agreement to combine with GE Transportation, which has been approved by the boards of directors of Wabtec and GE. read more

Fifth Third, MB Financial Merge in Transaction Valued at $4.7B

Fifth Third and MB Financial signed a definitive merger agreement under which MB will merge with Fifth Third in a transaction valued at approximately $4.7 billion. read more

Deere Reports Higher Q2 Earnings; Projects 30% Fiscal Increase

Deere reported Q2 net income of $1.2 billion compared to $808.5 million in Q2/17. In its outlook, Deere said equipment sales are projected to increase by about 30% for fiscal 2018. read more

Scorpio in Sale/Leaseback Agreements for Five Product Tankers

Scorpio Tankers agreed to sell and leaseback three product tankers and two LR2 product tankers to AVIC International Leasing. read more

Air Lease Delivers Boeing 737 MAX 8 Aircraft to Travel Service

Air Lease delivered one new Boeing 737 MAX 8 aircraft on lease to Prague-based Travel Service (SmartWings).  read more

NAC Acquires All Aircraft Assets Owned by Aldus Aviation

Nordic Aviation Capital acquired all of the aircraft assets owned by Aldus Aviation Fund. NAC has managed 29 E-jets owned by AAF which are currently on lease to nine airlines. read more

Ritchie Bros. Sells $44MM of Equipment at Fort Worth Auction

Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, TX. read more

Seaspan Accepts Delivery of Third Containership in Four Ship Series

Seaspan accepted delivery of a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three-year term with an option to extend for an additional three years. read more

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