News

DLL Joins TechSelect as New Channel Financing Partner

Global asset-based financial solutions company DLL has been named the newest member and channel financing partner to TechSelect, Tech Data’s elite group of IT solution providers. read more

Barclays Appoints Ahuja Head, Enterprise & Communications Tech Banking

Barclays appointed Akhil Ahuja head of Enterprise and Communications Technology Banking. Ahuja will be based in Menlo Park, CA, and will report to Laurence Braham and Greg Dalvito, co-heads of Technology Banking. read more

Fleet Survey: Many Fleets Still Not Utilizing Data to Fullest Extent

Fleet Advantage released the results of its latest industry-wide survey addressing the gap that remains for today’s fleets in the way they utilize data and business intelligence to run their trucks and fleet operations. read more

36th Street Provides $14.98MM+ in Four Transactions

36th Street provided over $14.98 million in financing to four companies. read more

Penske Logistics Honored by General Motors with Two Awards

Penske Logistics has been honored by General Motors with the 2018 Supplier of the Year and 2018 Overdrive Awards at a recent ceremony in Warren, MI. read more

BOC Aviation Places Three Boeing Aircraft with SpiceJet

BOC Aviation placed three Boeing B737-800 NG aircraft with Indian carrier SpiceJet, all of which were delivered in May 2019. The aircraft are powered by CFM56 engines. read more

ELFA: New Business Volume Up 11% Y/Y in April

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for April was $8.8 billion, up 11% year-over-year from new business volume in April 2018. read more

Boyle Joins Burke & Herbert Bank as President & COO

David P. Boyle joined Burke & Herbert Bank, the oldest bank in the Commonwealth of Virginia, as president and chief operating officer. read more

U.S. Cutting Tool Consumption Up 1.6% in March Y/Y

March 2019 U.S. cutting tool consumption totaled $210.4 million, up 2.3% from February’s $205.6 million and up 1.6% when compared with the $207.1 million reported for March 2018, according to the USCTI and AMT. read more

Onset Financial Wins National Advertising Award

The Telly Awards named Onset Financial as a winner for video excellence in a promotional business-to-business video. The award-winning video includes Onset’s valued customer Aspen Press. read more

ACT Research: U.S. Trailer Orders Drop in April, Down 23% Y/Y

New U.S. trailer orders of 18.6k were up 4% month-over-month, but after accounting for cancellations, net orders slid to 14.7k units, down 6% from March, according to the latest ACT Research State of the Industry: U.S. Trailer Report. read more

ELFA Online Course Wins Horizon Interactive Award

The Equipment Leasing and Finance Association's online training course Fundamentals of Equipment Leasing and Finance has earned a Gold Award in the 2018 Horizon Interactive Awards. read more

Air Lease Delivers Airbus A350-900 to Sichuan Airlines

Air Lease delivered one new Airbus A350-900 aircraft on long-term lease to Sichuan Airlines. Featuring Trent XWB-84 engines, this is the first ALC A350-900 to deliver to an airline in China. read more

Fales Joins VAR Technology Finance as VP, Business Development

Jonathan Fales joined VAR Technology Finance, a division of LEAF Commercial Capital, as vice president of Business Development. read more

ELFA Accepting Nominations for Operations & Technology Excellence Award

The ELFA is now accepting nominations for its Operations & Technology Excellence Award. Winners will be recognized at the 2019 Operations & Technology Conference in September. read more

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