News

ACT Research Releases Landmark Study on Commercial Electric Vehicles

ACT Research has released its landmark multi-client study, Commercial Vehicle Electrification: To Charge or Not To Charge, to the public after it was available only to charter subscribers. read more

JetLoan Capital Ends 2018 with 70 Closed Transactions

JetLoan Capital completed 2018 with 70 closed transactions and more than $100 million in funded loans on small, midsize and large business jets. read more

JetLoan Capital Ends 2018 with 70 Closed Transactions

JetLoan Capital completed 2018 with 70 closed transactions and more than $100 million in funded loans on small, midsize and large business jets. read more

Regions Bank Promotes Cazorla to Transportation and Logistics Head

Regions Bank named Juan A. Cazorla head of the Transportation and Logistics Specialized Industry Group. Cazorla will lead the group from the company’s Charlotte, NC office. read more

Corcentric Relocates Headquarters to Accommodate Rapid Growth

Corcentric relocated its headquarters to Woodland Falls Corporate Park in Cherry Hill, NJ to better accommodate the company’s rapid growth. The company now has a client base of over 6,000 companies and reported revenue of $103 million in 2018. read more

Crestmark Equipment Finance CIO Joins ELFA’s 2019 Op & Tech Committee

Crestmark Equipment Finance’s Chief Information Officer Jeffrey Emrich was appointed to the Equipment Leasing and Finance Association’s Operations & Technology Planning Committee for 2019. read more

Rush Enterprises Reports 2018 Revenue of $5.5B

Rush Enterprises, the operator of the largest network of commercial vehicle dealerships in North America, reported 2018 revenues of $5.5 billion and net income of $139.1 million compared with revenues of $4.7 billion and net income of $172.1 million for 2017. read more

Citizens Financial Appoints Woods Vice Chairman

Citizens Financial named Chief Financial Officer John F. Woods a vice chairman of the bank. He joins Brad Conner, head of Consumer, and Don McCree, head of Commercial, as vice chairmen of Citizens. read more

Ryder Reports Record 2018 Revenue of $8.4 Billion, Up 15% Y/Y

Ryder reported it exceeded its initial full-year outlook for 2018, driven by record revenue growth. Total revenue and operating revenue grew across all three of its business segments, reflecting new business and higher volumes. read more

SMBC Delivers Boeing 737-8 MAX to Icelandair

SMBC Aviation Capital delivered one Boeing 737-8 MAX aircraft to Icelandair. read more

Monitor Offices Closed Presidents’ Day

The Monitor offices will be closed Monday, February 18 in observance of Presidents’ Day. read more

CIT Northbridge Arranges $24MM Facility for Pocono ProFoods

CIT Northbridge Credit, through its investment advisor CIT Asset Management, served as sole lead arranger on a $24 million senior secured credit facility for Pocono ProFoods, a foodservice distributor in the Northeast and Middle Atlantic regions. read more

Commercial Credit Partners with BDT Capital to Support Growth

Merchant bank BDT Capital Partners has made a majority equity investment in equipment and accounts receivable finance company Commercial Credit. read more

ELFF: Equipment Finance Industry Confidence Increases 6% M/M in February

The ELFF released its February 2019 Monthly Confidence Index for the Equipment Finance Industry. Overall, confidence in the equipment finance market in February clocked in at 56.7, an increase from the January index of 53.4. read more

Avolon: 2019 Aircraft Leasebacks Likely to Return to Average Levels

Aircraft lessor Avolon issued its 2019 Industry Forecast, titled ‘Buckle Up’. The paper, written by Avolon’s Head of Strategy Dick Forsberg, provides a review of 2018 while offering predictions for the industry in 2019. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

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