US Med-Equip, a provider of on-demand medical equipment solutions, earned a spot on the Inc. 5000 for the 11th time. The Inc. 5000 recognizes the fastest-growing privately held companies in the U.S.  based on revenue over the prior three years. read more

AUG 21, 2023 - 6:53 am

On continued strong build rates and seasonally weak order volumes, July’s North American Class 8 backlog fell by 11,632 units to 163,576 units, according to ACT Research, which noted that at 5.9 months, the nominal backlog-to-build ratio remains comfortably healthy. read more

AUG 21, 2023 - 6:51 am

The Equipment Leasing and Finance Association announced that Oakmont Capital Services is the recipient of the 2023 Operations and Technology Excellence Award. The company’s award-winning project will be showcased during the ELFA’s Operations & Technology Conference in September. read more

AUG 18, 2023 - 6:51 am

LTi Technology Solutions announced an ongoing technology partnership and collaboration with Modern Rail Capital, which moved from LTI’s LeasePlus platform to ASPIRE, LTi’s cloud lease and loan technology platform. read more

AUG 18, 2023 - 6:50 am

Grant Thornton, an audit, tax and advisory firm, appointed Andrea Schulz to lead its technology practice and Russell Norris to lead its transportation industry practice. The firm also named seven new market managing partners and principles. read more

AUG 18, 2023 - 6:48 am

Maxim Crane Works, a provider of heavy-lift equipment rental services in the U.S., priced an aggregate principal amount of $500 million of 11.5% second-priority senior secured notes due 2028. read more

AUG 18, 2023 - 6:45 am

Ritchie Bros. Auctioneers, a subsidiary of RB Global, sold nearly $44 million of equipment for WB Pipeline in an auction on Aug. 9 in Splendora, TX. The auction was part of a strategic downsizing initiative for WB Pipeline, which will continue to serve its clients.  read more

AUG 18, 2023 - 6:44 am

PNC Bank promoted Zachary Bullock to senior vice president and market leader for commercial banking in central Pennsylvania. Based in PNC’s office in Lancaster, PA, Bullock will oversee PNC’s commercial banking team in the market. read more

AUG 18, 2023 - 6:43 am

Cohn & Dussi promoted Scott Lewis to national account customer liaison and team coordinator. In his new role, Lewis will be part of a firm-wide team responsible for resolving operational issues within the firm’s national account arena. read more

AUG 18, 2023 - 6:37 am

Robert Brown joined Sheppard, Mullin, Richter & Hampton as chief operating officer following the retirement of Ted Tinson, who has served as COO for the firm since 2014. read more

AUG 18, 2023 - 6:36 am

According to the Equipment Leasing & Finance Foundation’s August Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 50.4, an increase from the July index of 46.4. read more

AUG 17, 2023 - 6:54 am

DLL reported net profits of €260 million ($282.82 million) for the first half of 2023, representing an increase of 157% compared with 2022, when, according to DLL, results were heavily diluted by impairments linked to the company’s decision to cease all business activities in Russia. read more

AUG 17, 2023 - 6:53 am

Air Lease entered long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc, including four new Boeing 737-8s and one Boeing 737-800, with the total deal valued at $300 million. read more

AUG 17, 2023 - 6:52 am

PNC FIG Advisory, part of PNC Capital Markets, expanded its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. read more

AUG 17, 2023 - 6:51 am

Regions Bank announced that Sabal Capital Partners is now officially part of the Regions Real Estate Capital Markets brand. Regions acquired Sabal Capital Partners in December of 2021. read more

AUG 17, 2023 - 6:49 am