New loans, leases and lines of credit signed up by companies in April cooled to $10 billion from $10.2 billion the previous year. The Washington-based trade association, which reports economic activity for the more than $1 trillion equipment finance sector, also said April's credit approval rate jumped to 77.4%, reaching its highest level in more than two years. The ELFA CapEx Finance Index of leasing and finance activity is based on a 25-member survey, including Bank of America as well as financing units of Caterpillar, Dell Technologies, Siemens AG, Canon, and Volvo AB.
Regulatory risk a red signal to rail mergers, investors told
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles. The post Regulatory risk a red signal to rail mergers, investors told appeared first on FreightWaves.
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