According to ACT Research, May’s preliminary net trailer orders decreased sequentially and were lower against longer-term comparisons, with 9,100 units (11,950 seasonally adjusted) projected to have been booked during the month. read more

JUN 16, 2023 - 5:53 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), executed a sale and purchase agreement for one Embraer E190 aircraft with South African airline Airlink. read more

JUN 16, 2023 - 5:51 am

Aviation Capital Group announced the close of its sale of $500 million aggregate principal amount of 6.375% senior unsecured notes due 2030. read more

JUN 16, 2023 - 5:49 am

Biz2X launched a new account opening product that will allow business banking clients to open new deposit accounts with the goal of enabling faster funding for borrowers. read more

JUN 16, 2023 - 5:47 am

The Federal Reserve announced on Wednesday that it will maintain the target range for the federal funds rate at 5% to 5.25%, noting that economic activity and job gains have expanded since it last raised rates in early May. read more

JUN 15, 2023 - 6:04 am

TIGI Solar, a provider of renewable heat generation, signed a $5 million sale-leaseback transaction with Key Equipment Finance to support the construction and operation of a large-scale system for generating and storing heat for a large industrial plant in California. read more

JUN 15, 2023 - 6:02 am

Fortune and Great Place to Work honored First American Equipment Finance as one of this year’s Best Workplaces in New York. This is First American’s seventh consecutive year being named to this list, with the company finishing in 18th place in the small and medium category. read more

JUN 15, 2023 - 6:00 am

NETSOL Technologies, a business services and enterprise application solutions provider for the global asset finance and leasing industry, achieved SOC 2 Type 2 compliance. read more

JUN 15, 2023 - 5:56 am

According to Avolon, the worldwide commercial passenger aviation fleet will almost double by 2024, growing 94% to 46,880 aircraft. Avolon estimates that more than $4 trillion will be required to finance the new passenger commercial aircraft to be delivered over the next 20 years. read more

JUN 15, 2023 - 5:54 am

Cadence Bank appointed Shanna Kuzdzal chief legal officer. Kuzdzal will succeed Chuck Pignuolo, who will retire on June 30. Kuzdzal was previously a senior executive vice president and general counsel for Stellar Bancorp. read more

JUN 15, 2023 - 5:52 am

Cambridge Savings Bank appointed Tony Macchi senior vice president of digital and products. Before joining Cambridge Savings Bank, Macchi held leadership positions at other banks, including his most recent role as a senior vice president of the retail online channel at Santander Bank. read more

JUN 15, 2023 - 5:51 am

According to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report, although April likely marked the bottom of the spot rate down cycle, elevated Class 8 build rates will limit near-term upside. read more

JUN 15, 2023 - 5:49 am

North Mill Equipment Finance won the GlobalCapital US Securitization Award for ABS Deal of the Year for 2022 for its NMEF 2022-A equipment loan securitization. read more

JUN 14, 2023 - 6:58 am

The Equipment Leasing and Finance Association will host a free webinar titled “Section 1071: It Will Affect Your Operation - Here’s How And What You Can Do To Prepare” on June 21 from 1-2 p.m. EDT. read more

JUN 14, 2023 - 6:57 am

DataScan promoted Keaton Summerlin to account manager for equipment finance, advancing the company’s commitment to the equipment finance space.   read more

JUN 14, 2023 - 6:56 am