Air Transport Services Group’s Cargo Aircraft Management subsidiary agreed to purchase two Boeing 767-300ER aircraft from Air Canada of Montreal, convert them from passenger to freighter configuration and lease them back to Air Canada. read more
JAN 15, 2021 - 7:05 am
Candace Reinhart, CLFP, senior vice president of operations and syndications at CoreTech Leasing, was elected to the board of directors of the Certified Lease & Finance Professional Foundation. read more
JAN 15, 2021 - 7:11 am
According to Epiq, continuing the trend from August, commercial Chapter 11 filings in September were up 78% compared with September 2019, with 747 new filings vs. 420 during September of last year. read more
OCT 6, 2020 - 7:24 am
According to the U.S. Bureau of Labor Statistics, there were 10.7 million unemployed persons in the U.S. in December, as total nonfarm payroll employment fell by 140,000 and the unemployment rate remained at 6.7%. read more
JAN 11, 2021 - 6:50 am
Economic activity in the services sector grew in December for the seventh month in a row, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
JAN 8, 2021 - 6:20 am
Preliminary used Class 8 volumes were 25% higher in 2020 compared with 2019, according to ACT Research, which further noted that preliminary used Class 8 volumes rose 11% month over month in December. Compared with December 2019, volumes gained 27%. read more
JAN 19, 2021 - 7:07 am
North Star Leasing reported that it set company records in annual, quarterly and monthly funding in 2020. In all, North Star Leasing processed more than 6,600 applications totaling $236 million during the year. read more
JAN 19, 2021 - 7:10 am
According to ACT Research, China’s heavy and medium commercial vehicle markets reported an uptick in sales during Q3/20 following the ground lost from the severe setback in Q1/20 due to the COVID-19 pandemic and the recovery that started in Q2/20. read more
DEC 29, 2020 - 7:13 am
Tamarack Consulting partnered with Hunter & Company to offer assessments of equipment finance operation systems and workflows. read more
JAN 15, 2021 - 7:08 am
Visual Lease, a provider of lease accounting and management software, was named No. 10 on NJBIZ’s list of New Jersey’s 50 Fastest Growing Companies in 2020. read more
DEC 29, 2020 - 7:11 am
The law firm Moritt Hock & Hamroff reported that 18 of its attorneys were named 2020 Metro New York Super Lawyers. In addition, Brian P. Boland, Matthew S. De La Torre and Kelly Schneid were named 2020 Rising Stars. read more
OCT 16, 2020 - 6:59 am
TD Bank and Wells Fargo entered a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian direct equipment finance business. read more
JAN 15, 2021 - 7:13 am
Ares Management and aviation industry veterans Bob Brown, Sean Sullivan and Will Hudson launched Vmo Aircraft Leasing, a company to acquire and lease commercial aircraft. read more
JAN 12, 2021 - 7:19 am
Forbes named Air Transport Services Group one of the 100 Best Small-Cap Companies of 2021. Forbes published the list on Dec. 4, with ATSG ranking No. 71. read more
JAN 19, 2021 - 7:01 am
Candace Reinhart, CLFP, senior vice president of operations and syndications at CoreTech Leasing, was elected to the board of directors of the Certified Lease & Finance Professional Foundation. read more
JAN 15, 2021 - 7:11 am
Workhorse Group received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises. Hitachi Capital America is providing inventory financing for the order. read more
JAN 5, 2021 - 7:00 am
The Greenbrier Companies reported financial results for its first fiscal quarter ended Nov. 30, 2020. The results included liquidity of $810 million and a new railcar backlog as of Nov. 30, 2020, of 23,900 units with an estimated value of $2.35 billion. read more
JAN 7, 2021 - 6:49 am
Dext Capital closed its inaugural securitization of loans and lease contracts. According to Dext, the company’s initial offering was oversubscribed and well received by the market. read more
NOV 13, 2020 - 7:20 am
Terry Mulreany
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