Ryder entered into a definitive agreement in the third quarter to acquire all of the outstanding equity of IFS Holdings, also known as Impact Fulfillment Services, which specializes in contract packaging, contract manufacturing and warehousing for consumer brands in the U.S. read more

OCT 26, 2023 - 7:18 am

Cambridge Savings Bank appointed Michael Richardson to the role of vice president and relationship manager on is asset-based lending team. Prior to this new role, Richardson served as portfolio manager for ABL at Eastern Bank for nearly six years. read more

OCT 26, 2023 - 7:15 am

The latest release of ACT Research’s For-Hire Trucking Index showed continued improvement in freight volumes, pricing and driver availability. read more

OCT 26, 2023 - 7:13 am

Hahn Air entered into a purchase agreement with Textron Aviation to be the European launch customer for the recently announced Cessna Citation CJ3 Gen2. read more

OCT 26, 2023 - 7:11 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for companies participating in the index in September was $9.7 billion, down 5% from new business volume in September 2022. read more

OCT 25, 2023 - 7:14 am

The Equipment Leasing and Finance Association announced its new board of directors, who will serve during the next 12 months, at its 62nd annual convention. Rob Boyer, CLFP, president of First Commonwealth, is the new board chair. read more

OCT 25, 2023 - 7:12 am

Baker Donelson added asset finance attorney Daniel Rodgers to its financial services transactions group. Rodgers, who focuses his practice on transactions in the shipping and offshore industries, joined as a shareholder in the firm’s New Orleans office. read more

OCT 25, 2023 - 7:08 am

First Citizens Bank’s energy finance business served as lead agent on $60 million in financing to Gore Street Energy Storage Fund for the development of a 200-megawatt battery storage project located in Imperial County, CA. read more

OCT 25, 2023 - 7:06 am

Stearns Bank added John C. Sizer and Lea Márquez Peterson to its board of directors. Sizer and Peterson have experience in audit and regulatory oversight, economic and entrepreneurial empowerment and corporate leadership. read more

OCT 25, 2023 - 7:02 am

Tai Park joined TriState Capital Bank as senior vice president and relationship manager of private banking. In this role, Park will be responsible for new business development and market growth in the private banking space in the Midwest and beyond. read more

OCT 25, 2023 - 6:59 am

Griffin Global Asset Management and Bain Capital Special Situations agreed to acquire 17 new technology Rolls-Royce engines, including Trent XWB-84s, Trent XWB-97s, Trent 1000s and Trent 7000s. The engines will be owned by a newly formed standalone entity and used... read more

OCT 25, 2023 - 6:57 am

Cadence Bank entered into a definitive agreement to sell its insurance operations, Cadence Insurance, to Arthur J. Gallagher & Co. for $904 million in cash. read more

OCT 25, 2023 - 6:55 am

The Equipment Leasing and Finance Association appointed Leigh Lytle president and CEO, effective Dec. 4. Lytle previously served as head of North American policy at financial technology services firm Plaid and as chair of the board of directors of the Financial Technology Association. read more

OCT 24, 2023 - 7:20 am

EverBank added five new members to its recently launched fund finance division, including Gabrielle Buckner, Chris Grier, Storey Whalen and Alexa Schult as directors and Ryan Burke as vice president.  read more

OCT 24, 2023 - 7:16 am

The Equipment Leasing and Finance Association named William Bosco Jr. to the 2023 class of the Equipment Finance Hall of Fame. Bosco was recognized for his role in representing the equipment finance industry in the effort to create a new lease accounting standard. read more

OCT 24, 2023 - 7:16 am