News

ELFF: Trucking Industry to Remain Strong for Next Year

The U.S. over-the-road transportation/trucking industry is having its best growth in years and is forecast to remain strong for the next 12 to 18 months before softening, according to the 2018-2019 Vertical Market Series – Road Transportation. read more

Deere, Wacker Neuson Ink Supplier Agreement for Compact Excavators

John Deere entered into a strategic supplier agreement with Wacker Neuson to provide copact excavators in China, Southeast Asia and Oceania. read more

Wintrust Commercial Finance to Relocate to Larger Frisco Office

Wintrust Commercial Finance has leased 19,000 square feet on the eighth floor of 3201 Dallas Parkway, in Frisco, TX, which will more than double its office size. read more

North Star Hires First Chief Commercial Officer

Michael Coon joined North Star Leasing as its first chief commercial officer. read more

Flexjet Sales Up 17% in H1/2018

Fractional jet ownership provider Flexjet reported sales for the first half of 2018 increased 17% over the same period in 2017. read more

Economic Activity Expands, Economy Grows for 112th Consecutive Month

According to the latest Manufacturing ISM Report on Business, economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 112th consecutive month. read more

DePonte Promoted to Lead Key Equipment Finance Clean Energy

Key Equipment Finance promoted Brian D. DePonte to lead Key Equipment Finance Clean Energy, a unified clean energy and energy efficiency team providing financial solutions for vendors, developers and clients. read more

Regions Hires Stash to Expand Energy & Natural Resources Coverage

Ryan Stash has joined Regions Bank’s Energy & Natural Resources group as a managing director with an emphasis on covering corporate clients and prospects across the entire energy platform. read more

United Rentals to Acquire BlueLine Rental for $2.1B

United Rentals and BlueLine Rental entered into an agreement under which United will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash. read more

CIT Arranges $25MM Credit Facility for Neutral Connect Networks

CIT Group's Communications & Technology Finance unit served as sole lead arranger for a $25 million senior secured credit facility to Neutral Connect Networks. read more

Crypto Market Plummets as SEC Announces Suspension of Two Securities

Bloomberg reported the cryptocurrency market dropped to a 10-month low amid an SEC announcement of a temporary suspension of trading in Bitcoin Tracker One and Ether Tracker One. read more

Sertant Capital Selects Ivory Consulting’s SuperTRUMP

Sertant Capitalselected Ivory Consulting’s SuperTRUMP Desktop to support its lease syndication and after-tax lease pricing methodologies. read more

July Year-to-Date Machine Tool Orders Up 22%

The latest U.S. Manufacturing Technology Orders Report from AMT showed orders for July were up 20% year over year, yielding a year-to-date total of $2.96 billion for 2018, up 22% from the same period in 2017. read more

Air Lease Places Boeing 787-9 with Italy’s Neos

Air Lease announced a long-term lease agreement for one new Boeing 787-9 aircraft on lease to Neos in Italy. read more

PayNet Sees Main Street Resume ‘Blistering Pace of Investment’ in July

According to the latest Strategic Insights Report from Paynet, small business lending grew in the double digits in July. Paynet president noted the “resumption of blistering pace of investment”. read more

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