News

AACFB’s Commercial Financing Expo Featured 80 First-Time Attendees, Must-Have Education

The American Association of Commercial Finance Brokers concluded its 2023 Commercial Financing Expo in Orlando, FL, last week. The expo included a mix of new and returning attendees, with more than 80 attending their first AACFB event. read more

WSFS Bank Hires New Chief Auditor, General Counsel and Deputy CCO

WSFS Bank hired Alyson Beasley Bradley as senior vice president and chief auditor, Jeffrey Goodman as senior vice president and general counsel, and Frank McGrane as senior vice president and deputy chief credit officer. read more

Piper Sandler Appoints Avey and Gerber Co-Heads of Public Finance

Piper Sandler named Dustin Avey and Jeremy Gerber co-heads of public finance. Avey and Gerber will report to Deb Schoneman, president of Piper Sandler. Frank Fairman, the firm’s current head of public finance, will remain with the firm in an advisory capacity into 2024. read more

ACT Research: Trailer Industry Easing into Order Season

While clouds on the trailer market horizon still bear watching, the industry is currently in its seasonally weakest time of the year for forward-looking metrics, according to ACT Research. read more

Mullen Automotive Receives EPA Certification for Commercial Class 3 Electric Vehicles

Mullen Automotive, a Southern California-based electric vehicle manufacturer, received full approval and certification from the Environmental Protection Agency for commercial Class 3 electric vehicles on Sept. 22. read more

Bretzman Joins Mitsubishi HC Capital America to Further Expand Industrial Relationships

Carl Bretzman joined Mitsubishi HC Capital America to manage and grow business development initiatives in its industrial finance division. read more

Commercial Equipment Finance Names Hanson VP of Business Development & Sales

Commercial Equipment Finance International (CEFI) appointed Gary Hanson as its new vice president of Business Development and Sales.  read more

Software and Information Services, Capital Markets and Life Sciences Forecasted to Lead Worldwide ICT Spending Growth Through 2027

Worldwide spending on information and communications technology is forecast to grow steadily through 2027 with a 5.7% compound annual growth rate, according to International Data Corporation. read more

Equipment Depot Targets $1B Revenue by 2025, Top Leadership Positions Evolve

Equipment Depot is on track to meet its aggressive financial growth goal of reaching $1 billion in revenue within five years. Its top leadership positions began to evolve as the company prepared for growth. read more

Greenbrier Companies Orders for 15,300 New Railcars Valued at $1.9B

The Greenbrier Companies received orders for 15,300 new railcars with an aggregate value of $1.9 billion during its fiscal fourth quarter, which ended on Aug. 31, 2023. read more

Crain’s Recognizes Liventus as a Top Workplace in Chicago

Liventus ranked No. 35 in Crain’s Chicago Business’s “Best Places to Work 2023” list. read more

ACT Research: Freight Markets Remain Soft Amid Private Fleet Expansion

Though significant progress has been made in rebalancing, it’s unlikely that freight industry capacity will broadly tighten until pressure from capacity growth eases, according to ACT Research. read more

Transervice Logistics Named Corporate Citizen of the Year by Long Island Business News

Transervice Logistics was recognized for its corporate social responsibility as one of Long Island Business News’ 2023 Corporate Citizenship Honorees. read more

Wintrust Specialty Finance Hires Longo as Chief Credit Risk Officer

Dominick Longo joined Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, a Wintrust Community Bank, as senior vice president, chief credit risk officer. read more

North Mill Announces $456MM Term Securitization

North Mill Equipment Finance closed its seventh asset-backed securitization, NMEF Funding 2023-A. read more

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