Johnnie Martinez II, Author at Equipment Finance News

The Glories tower beyond residential building construction sites in Barcelona, Spain on Friday, March 22, 2024. In Barcelonas designated stressed residential market areas, new tenants are now entitled to a rent level no higher than the last lease agreement from the previous five years.

Equipment rental and leasing prices increased slightly in September as the Federal Reserve’s rate cut and market momentum signal strength...

A lorry driver unloads a delivery from a truck in central London, UK, on Monday, Sept. 23, 2024. The UK flash composite PMI survey for September adds to evidence that Britains activity is cooling after a speedy recovery in the first half of the year, according to Bloomberg Intelligence.

Inventory exceeds registrations as Class 8 orders rise

byJohnnie Martinez II

October 10, 2024

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Orders for Class 8 trucks rose in September, pushing inventories ahead of registrations, while medium-duty truck orders dropped. After years...

Visitors watch the unveiling of a Nikola Corp. Tre FCEV truck at the IAA Transportation show in Hanover, Germany, on Monday, Sept. 19, 2022. Global leaders Daimler Truck Holding AG and Volvo AB are joining dozens of commercial-vehicle makers in Germany this week to showcase their latest electric semis, with more zero-emissions vehicles debuting at the IAA Transportation show than ever before.

Q3 Class 8 commercial vehicle sales drop, other classes rise

byJohnnie Martinez II

October 9, 2024

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Sales for commercial vehicles across seven of the eight classes showed signs of strengthening in the third quarter, but Class...

Visitors look at a Tesla Inc. semi electric truck, at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22.

Fleet Advantage launches EV leasing program

byJohnnie Martinez II

October 8, 2024

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Fleet management and leasing firm Fleet Advantage has launched an EV leasing program designed to make EVs as affordable as...

A vehicle pulls a Global Holdings Inc. trailer into an equipment rental location in Berkeley, California, U.S., on Friday, May 6, 2016. Hertz is scheduled to release earnings figures on May 9.

Equipment-as-a-Service sector strong in Q2

byJohnnie Martinez II

October 7, 2024

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Equipment-as-a-Service performance showed strength in the second quarter as elevated interest rates and equipment demand persisted. North American traditional rental...

Workers picket outside of the Port of Savannah in Savannah, Georgia, US, on Thursday, Oct. 3, 2024. Dockworkers walked out of every major port on the US East and Gulf coasts for the first time in nearly 50 years, staging a strike that could ripple across the world's largest economy and cause political turmoil just weeks before the presidential election.

US dockworkers end strike, delay supply chain crisis

byJohnnie Martinez II

October 4, 2024

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U.S. dockworkers tentatively ended their strike on Oct. 3 and agreed to return to work today as negotiations for a...

Office buildings under construction in the Poblenou district of Barcelona, Spain, on Friday, Aug. 23, 2024. European office space take-up rose 9% in the second quarter from a year earlier, partly driven by the finance and insurance sector and the enforcement of return-to-work mandates. Equipment financiers

Specialty equipment financiers see mixed results

byJohnnie Martinez II

October 3, 2024

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Equipment financiers saw a mixed quarter as the lending environment remained tight. Many equipment financiers await the possibility of a...

Attendees and traders fill the trading floor as Volkwagen AG's Traton SE truck unit makes its initial public offering (IPO) at the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, June 28, 2019. Volkswagen raised 1.55 billion euros ($1.8 billion) selling a stake in its trucks business, but only after pricing the offer at the low end of a target range to attract investors to one of Europes biggest initial public offerings this year.

Traton Group revamping financial offerings

byJohnnie Martinez II

October 2, 2024

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Transportation equipment manufacturer Traton Group is upgrading financial services across its truck and bus brands to meet consumer needs. Traton...

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