Cervus Announces Transition of Chief Financial Officer Position
CALGARY, AB–Cervus Equipment Corporation has appointment Catie Busch as Chief Financial Officer effective April 1, 2021, having previously served as the Company’s Senior Director of Finance and Public Markets. The appointment of Ms. Busch is part of a comprehensive executive succession plan. The Company’s outgoing CFO, Adam Lowther, will continue …
North America’s first automated transit bus unveiled
Level 4 automated bus highlights New Flyer’s dedication to innovation and the strength of its partnership with Robotic Research ST. CLOUD, MN– New Flyer of America Inc., a subsidiary of NFI Group Inc., one of the world’s leading independent global bus manufacturers, today unveiled its Xcelsior AV™ automated transit bus, …
Truck tractors and heavy equipment prices on the rise
December 2020 report highlights multi-terrain loaders, dozers, loaders, graders, trucks, and more VANCOUVER, BC–With its auctions 100% online due to COVID-19, Ritchie Bros. drew record buyer demand in 2020. As a result, the company’s latest Used Equipment Market Trends report is showing price inflation across all majority equipment categories. For …
Global Construction, Mining Rental Equipment Market $273 Billion by 2030
Use of telematics and digital services in construction and mining industries is gaining prominence due to operational efficiency and better ROI, says Frost & Sullivan SANTA CLARA, CA–Frost & Sullivan’s recent analysis, Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030, finds that growth in …
CWB National Leasing Becomes Exclusive Financing Partner for MarketBook Canada
WINNIPEG, MB–CWB National Leasing and MarketBook.ca, a product of Sandhills Global, Inc., announce that CWB National Leasing is now the exclusive partner for all financing activities through MarketBook.ca and other Sandhills Global platforms. This partnership is a direct reflection of the changing equipment retailing landscape as customers want and need …
Hut 8 gets $11.8 million to finance bitcoin mining equipment
Will purchase 5,400 units of MicroBT’s latest generation machines, increasing its capacity for bitcoin mining by 475 PH/s of computing power TORONTO, ON–Hut 8 Mining Corp. has finalized an equipment financing loan of US$11.8 million from Rochester-based Foundry Digital LLC, a wholly-owned subsidiary of Digital Currency Group (DCG). Hut 8 …
TD Bank Acquires Wells Fargo Equipment Finance Business
Acquisition strengthens and expands TD Business Banking capabilities across Canada TORONTO, ON– The Toronto-Dominion Bank and Wells Fargo & Company have a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo’s Canadian Direct Equipment Finance business. The acquisition of Wells Fargo’s Canadian Direct Equipment Finance business …
Walmart Canada more than triples order of Tesla Semi Trucks
MISSISSAUGA, ON–Walmart Canada is more than tripling its reservations of 18-wheeler Tesla Semi trucks as it drives towards its commitment to alternative power. Walmart Canada is now reserving a total of 130 Tesla Semi trucks, making it one of the largest reservations of electrified trucks in the country. The move …