Financial


Volvo Group Launches Green Finance Framework

Volvo Group launched a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classified as Dark Green by the Center for International Climate and Environmental Research (CICERO Shades of Green)....


Jumpstarting the COVID-19 Recovery: Equipment Manufacturers and Infrastructure Play Key Roles

Equipment manufacturers, now more than ever, are doubling down on efforts to communicate to lawmakers about the important role federal infrastructure investment should play as part of our national economic recovery from the coronavirus pandemic....


First-of-its-Kind Dashboard Tool Highlights Benefits of Federal Highway Investment

States leveraged $31 billion in federal funds to advance $66.5 billion in highway improvements during fiscal year (FY) 2018, according to an interactive tool that for the first time provides the American public and elected officials a clear look at how and where each state invests its transportation tax dollars....


What Construction Companies Need to Know About COVID-19 Related Layoffs and Multiemployer Pension Plan Withdrawal Liability

The COVID-19 pandemic has dramatically impacted the construction industry with international and domestic supply chains shut down, jobsites closed and projects delayed or outright cancelled. In response many construction companies have implemented workforce reductions....


SCDOT Releases Initial COVID-19 Financial Impact Projections

The South Carolina Department of Transportation (SCDOT) has released its initial projections of the financial impact of COVID-19, indicating a decrease in agency revenues based on expected reductions in gas tax and car sales tax receipts....


Ritchie Bros. Reports Q1 2020 Results

Ritchie Bros. Auctioneers Incorporated reported the following results for the three months ended March 31, 2020: Net income attributable to stockholders increased 26 percent to $22.8 million compared to $18.2 million in Q1 2019....


Contractors Discuss Rising Construction Costs

General contractors and subcontractors across the nation are witnessing increases in construction costs, be it for department of transportation contracts or commercial, industrial, institutional and residential projects....


Daily, Weekly, Monthly or Quarterly: Which Type of Loan Repayment Works Best?

One of the most important considerations is the repayment schedule offered by your lender when deciding to finance a piece of equipment or inquiring about a working capital loan. Weighing the options for repaying your loan is an easy way to gain control of your business' cash flow and flexibility in your finances is critical to running your business efficiently....


Utah Maintains AAA Credit Rating, Saves Money on Projects

Gov. Gary Herbert and Treasurer David Damschen announced that S&P Global, Moody's Investors Service and Fitch Ratings have reaffirmed the State's AAA credit rating — the highest rating a state can receive....


Eight Reasons to Finance Equipment for Your Business

The vast majority (78 percent) of U.S. businesses of all sizes – from small entrepreneurs to Fortune 100 companies – in all industries – from construction to healthcare – lease or finance their equipment....






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