Johnnie Martinez II, Author at Equipment Finance News

Excavators in the lot during a Ritchie Bros heavy equipment auction in Bolton, Ontario, Canada, on Tuesday, May 9, 2023. Ritchie Bros Auctioneers Inc., a Canadian firm that sells heavy equipment at auctions around North America, struck an agreement in November to buy IAA, which sells damaged and written-off vehicles. Antitrust

Equipment auctioneer and valuation firm RB Global and equipment rental company United Rentals are denying any wrongdoing alleged in class-action...

Dealer rentals to grow as bonus depreciation phases out

Herc, H&E, Sunbelt, Sunstate, United targeted in ‘cartel’ lawsuit

byJohnnie Martinez II

April 4, 2025

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A new lawsuit aims to bust a “Rouse Cartel” allegedly formed by Rouse Services, RB Global and the big five...

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.

Equipment stocks drop as tariff woes shake industry

byJohnnie Martinez II

April 3, 2025

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Equipment stocks experienced a turbulent last few days as new tariffs continued to negatively affect the marketplace and create concerns...

United Rentals rental revenue up 26% YoY

North American traditional rental activity up 21% in 2024

byJohnnie Martinez II

April 2, 2025

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North American traditional rental activity rose in 2024, as equipment-as-a-service companies benefited from an improving supply chain and stronger macroeconomic...

A Volvo Inc. excavator operates at a road construction site in Gwadar, Balochistan, Pakistan, on Tuesday, July 4, 2018. What used to be a small fishing town on the southwestern corner of Pakistan is giving way for construction of roads and buildings to house banks, insurance and clearing agents. China Overseas Port Holdings, Gwadar Ports operator, has separately spent $250 million to add five new cranes, construct a building in less than six months by importing ready made parts and create space for a free zone.

AI agents transforming equipment finance

byJohnnie Martinez II

April 1, 2025

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The rising use of AI agents and proliferation of large data centers are reshaping the processes and lending environment for...

European equipment insurance product and service provider Acquis is entering the United States market under new leadership as the company looks to translate its success across the pond.

Equipment financiers limit exposure to UCC liens

byJohnnie Martinez II

March 31, 2025

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Uniform Commercial Code lien filings present a challenge for equipment lenders and other secured parties due to legal issues and...

The financial district of Santiago, Chile, on Monday, Jan. 6, 2025. Chiles central bank said its future monetary policy decisions should consider significant risks including short-term inflation challenges, according to the minutes to its last key rate meeting.

CCA Financial acquires Macquarie Equipment Finance lease portfolio

byJohnnie Martinez II

March 28, 2025

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Equipment industry mergers and acquisitions activity spread across several industry sectors in March. CCA Financial expands with Macquarie Equipment Finance’s...

Detail of the Rogers Building, home to the offices of Lloyd's Register, above the The Collcutt building in London, UK, on Wednesday, March 26, 2025. Lloyds Register, the maritime society formed in a London coffee house in 1760, has put its modern glass headquarters up for sale as it prepares to move back into the property built to house it more than a century ago.

How financiers can navigate UCC searches with AI

byJohnnie Martinez II

March 27, 2025

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Equipment financiers navigating the complex and costly process of Universal Commercial Code searching and management can now turn to AI...

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