As transportation segments see different rates of recovery in 2021, trucking equipment procurement strategies are changing and becoming more groundbreaking.
These innovative programs will continue to serve businesses that need to right-size their fleet operations yet wish to remain competitive with their future truck procurement strategies in 2021.
SHARE February 18, 2021
Confidence among leasing and finance companies increased in February, according to the Equipment Leasing & Finance Foundation. Its Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) was 64.4, an increase from the January Index of 59.6.
The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the equipment finance sector.
Some 46 percent of executives responding said they believe business conditions will improve over the next four months, up from 33 percent in January. On the other end, about 8 percent believe business conditions will worsen, a slight increase from 7 percent in January.
Pent-up Demand Drives Confidence Upward Among Equipment Finance Leaders forconstructionpros.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forconstructionpros.com Daily Mail and Mail on Sunday newspapers.
SHARE January 21, 2021
The Equipment Leasing & Finance Foundation releases the January 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is 59.6, unchanged from the December index and in line with pre-pandemic levels.
January 2021 Survey Results
The overall MCI-EFI is 59.6, unchanged from the December index.
When asked to assess their business conditions over the next four months, 33.3 percent of executives said they believe business conditions will improve over the next four months, up from 27.6 percent in December. 59.3 percent believe business conditions will remain the same over the next four months, a decrease from 62.1 percent the previous month. 7.4percent