U.S. business executives again lowered expectations for profit and revenue growth over the next 12 months, as optimism in the U.S. economy remains tamped down by inflation worries and repercussions from both the Russo-Ukraine war and an economic...
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September 01, 2022, 07:17 AM
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Caterpillar Inc.’s CEO Jim Umpleby was among the company executives painting a troublesome picture of ongoing challenges in comments on the company’s second-quarter earnings call. The execs said they see no improvements in supply-chain woes...
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August 04, 2022, 07:25 AM
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According to ACT Research’s recently released Transportation Digest, the front-and-center concerns of the commercial vehicle industry at the moment are supply-chain constraints, as well as the inflationary ramifications that flow from them.“In...
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November 23, 2021, 07:05 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the primary risk to all vehicle market forecasts, and the U.S. economy broadly, in either direction, remains the trade war with China. With U.S....
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November 15, 2019, 07:00 AM
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According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, Class 8 market-leading indicators continue to erode, in concert with deteriorating freight volumes and rates, even as mid and downstream data points remain...
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August 21, 2019, 06:58 AM
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PowerChina Trade Solution Group Ltd., one of the world's largest construction companies, has selected Ritchie Bros. as a key partner for its surplus equipment disposition. In early September, the two companies signed a multi-year agreement that will...
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September 19, 2018, 07:25 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co., each configured for Emergency...
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July 03, 2018, 07:15 AM
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China 2016 and 2017 government policy changes have brought a one-time increase in heavy duty and medium duty commercial vehicle populations, according to the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and China’s...
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June 26, 2017, 07:00 AM
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Andrew G. Mesches, a director with The Alta Group, will join speakers at the Equipment Leasing and Finance Association’s annual Credit & Collections Management Conference, “Shift Happens: Navigating the Future,” where he will moderate the panel...
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June 05, 2017, 07:02 AM
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Waypoint Leasing (Ireland) Limited announced that it has entered into a lease agreement with Shanghai Skyway General Aviation Company (“Skyway”), a provider of helicopter transportation and related support services in China, for one new Airbus H135...
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March 08, 2017, 07:00 AM
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For a third year in a row White Clarke Group was able to secure themselves the popular title of Best Automotive Finance & Leasing Software Provider awarded by the Leasing Committee of China Chamber of International Commerce during this year’s China...
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June 20, 2016, 06:45 AM
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Linedata announced the signing of a major multi-year service agreement with the financial partner of a leading car manufacturer in China. This financial institution, an existing client of Linedata, intends to accelerate its local development by...
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July 17, 2014, 06:00 AM
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Willis Lease Finance Corporation ("Willis") and China Aviation Supplies Import & Export Corporation Limited (“CASC”), China’s leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company...
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July 11, 2014, 06:00 AM
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DLL China received the Asia Pacific Vendor Finance Provider of the Year award in Beijing, China. Organized by the Leasing Committee of China Chamber of International Commerce together with the China Leasing Alliance, the Asia Pacific Leasing Awards...
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June 24, 2014, 06:15 AM
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Willis Lease Finance Corporation and China Aviation Supplies Import & Export Corporation Limited ("CASC"), China's leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company Limited ("CASC...
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June 10, 2014, 06:10 AM
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The Alta Group announced that two new senior directors have joined its firm in China, CapSol Management Consultants, to expand advisory services in the region. Yankai Qu will work as managing director of professional development in China. Active in...
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August 08, 2013, 07:01 AM
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Delegates from White Clarke Group’s (WCG) UK and Australian offices have been presented with a prestigious award during the China Leasing Summit in Beijing. WCG has been awarded the title Most Popular Automotive Finance and Leasing Solution Provider...
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June 24, 2013, 12:00 PM
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White Clarke Group announced full implementation in the UK and China of CALMS2. The company’s flagship technology platform supports the complete lifecycle of automotive finance and loan origination from point-of-sales through credit approval...
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February 27, 2013, 07:00 AM
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White Clarke Group, market leaders in software solutions and business consultancy to the automotive and asset finance sector for retail, fleet and wholesale announced the opening of their new office in Beijing. The announcement is timed to coincide...
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January 29, 2013, 06:50 AM
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American International Group, Inc. and an investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd., announced today that they have entered into an agreement under which AIG will sell up to a 90% stake in International Lease...
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December 10, 2012, 07:26 AM
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Ritchie Bros. Auctioneers announced that it will be holding its first unreserved public auction in China during Spring 2013. Although relatively new to the Chinese heavy equipment market, unreserved industrial auctions have been a quick and easy...
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November 29, 2012, 07:24 AM
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CIT Group announced that it has closed a new approximately $345 million (RMB2.2 billion) committed facility that will allow CIT Global Vendor Finance to fund new originations in China. The committed availability period expires in September 2014 with...
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September 11, 2012, 06:00 AM
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Bloomberg reported that Abound Solar Inc., a Loveland, Colorado-based U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, will suspend operations and file for bankruptcy because its panels were too expensive to...
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June 29, 2012, 07:00 AM
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Solar Industry reported that Sens. Charles Schumer, D-N.Y., and Sherrod Brown, D-Ohio, have introduced legislation that would make PV modules manufactured in China ineligible for the 30% federal tax credit that homeowners and businesses receive when...
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May 17, 2012, 06:30 AM
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Cassiopae, a market-leading global asset finance software provider, today announced that Terex Financial Services™, a division of global equipment manufacturer, Terex Corporation, is now live with Cassiopae’s leasing software in China. Cassiopae’s V4...
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March 06, 2012, 10:00 AM
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