Johnnie Martinez II, Author at Equipment Finance News

Larry Silber, president and chief executive officer of Herc Holdings Inc., center, rings the opening bell of the New York Stock Exchange (NYSE), in New York, U.S., on Friday, July 1, 2016. The U.S. IPO market may prove resilient, as markets bounce back from the aftershock of the U.K.'s decision to leave the European Union last week.

Herc Rentals anticipates the final integration of its $5.3 billion H&E Equipment Solutions acquisition over the weekend, further expanding the...

Kuboto NA financing income jumps as inventory improves

Canadian, Midwest ag dealers feel tariff-related inventory strain

byJohnnie Martinez II

September 11, 2025

Ag dealers are facing tariff-related inventory problems, resulting in a strained market and reduced financial performance. Farmers spent heavily on...

The InterContinental Hotel and Residences, center right, sits on the Boston Harbor in the Financial District of Boston, Massachusetts on December 16, 2006.

Berkshire Hills, Brookline merge to form $24B Beacon Financial

byJohnnie Martinez II

September 10, 2025

Equipment dealers, lenders and rental houses engaged in merger and acquisition activity in August amid continuing industry consolidation. Berkshire Hills,...

The Fairview Container Terminal in the Port of Prince Rupert in British Columbia, Canada. Trump raised tariffs on Canadian goods to 35% from 25%.

‘Nuanced’ tariffs a headache for equipment manufacturers

byJohnnie Martinez II

September 9, 2025

Expanded Section 232 tariffs on steel components are creating cost pressures, uncertainty, compliance risks and price hikes for equipment manufacturers...

Tractor trailers parked at a truck depot along the US-Mexico border in Ciudad Juarez, Chihuahua state, Mexico, on Tuesday, Feb. 4, 2025. US President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia Sheinbaum on Monday, a dramatic turnabout with the neighboring nations on the brink of a trade war.

Truck, trailer, RV leasing price forecast rises 3.3%

byJohnnie Martinez II

September 8, 2025

Truck, trailer and RV equipment leasing prices are forecast to increase in the first half of 2026, the result of...

Tax-exempt equipment financing attracts state, local governments

Podcast: Cost controls, service key to long-term financing success

byJohnnie Martinez II

September 5, 2025

Long-term commercial and equipment financing success depends on rigorous cost control, outstanding customer service, organic growth, and strong capital reserves,...

Toro Co. signage stands at the company's headquarters in Bloomington, Minnesota, U.S., on Wednesday, Dec. 28, 2011. The economy in the Minneapolis area grew moderately in 2011, with strong growth in the agriculture, energy, and mining sectors and modest growth in consumer spending, tourism, residential and commercial construction, according to a report by the Federal Reserve Board.

Toro Co.’s Red Iron originations rise as professional segment grows

byJohnnie Martinez II

September 4, 2025

Outdoor power equipment manufacturer The Toro Co.’s joint financing venture increased originations during the first nine months of fiscal 2025...

Sunbelt U.S. rental revenue rises 12.2% to $2.3B

Sunbelt maintains optimism as indicators point to rental growth

byJohnnie Martinez II

September 3, 2025

Sunbelt Rentals remains optimistic after rental revenue grew in the first quarter as megaproject activity remained strong and leading indicators...

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