Johnnie Martinez II, Author at Equipment Finance News

A Wells Fargo office tower in the Brickell neighborhood of Miami, Florida, US, on Thursday, Nov. 16, 2023. Floridians arent seeing the let-up in price pressures that other Americans are, as an influx of newcomers is driving up housing costs and fueling a booming economy.

Several banks with large equipment finance portfolios faced operational disruptions Friday following an IT outage at cybersecurity firm CrowdStrike that...

A Volvo AB crawler excavator digs a trench at the 68.25km point during the construction of the Trans Adriatic gas pipeline in Chamilo, Greece, on Thursday, Feb. 23, 2017. The Trans Adriatic Pipeline (TAP) will transport Caspian natural gas to Europe crossing Northern Greece, Albania and the Adriatic Sea coming ashore in Southern Italy to connect the Italian gas network to the Trans Anatolian Pipeline (TANAP).

Volvo CE deliveries, sales drop amid declining demand

byJohnnie Martinez II

July 18, 2024

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Swedish equipment manufacturer Volvo Group’s construction equipment deliveries and net sales decreased in the second quarter as demand normalization prompted...

New Holland offers autonomous tractor kits at dealerships

byJohnnie Martinez II

July 17, 2024

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Equipment manufacturer New Holland has added specialty crop autonomous tractor aftermarket kits to its dealer locations in the Western United...

The Canadian Western Bank headquarters in Edmonton, Alberta, Canada, on Monday, June 17, 2024. National Bank of Canada agreed to buy Canadian Western Bank for about C$5 billion ($3.6 billion) in stock in a tie-up of two of the country's regional lenders.

Equipment finance stocks up 20% over year

byJohnnie Martinez II

July 16, 2024

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Equipment finance stocks experienced double-digit growth over the past year as improving inflation and the strong possibility of interest rate...

Electrada growing commercial electrification through relationships

byJohnnie Martinez II

July 15, 2024

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Commercial vehicle charger manufacturer Electrada continues to cultivate relationships with dealers, lenders, OEMs and energy companies. Electrada’s partnerships with lenders...

Heavy machinery, manufactured by JC Bamford Excavators Ltd. (JCB), sits parked at the Port of Southampton, operated by Associated British Ports (ABP) Holdings Ltd., in Southampton, U.K., on Wednesday, Sept. 30, 2020. Bank of England Governor Andrew Bailey urged the U.K. government and the European Union to reach a trade deal or risk seeing their economies suffer.

JCB targets North American expansion with new facility

byJohnnie Martinez II

July 12, 2024

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Construction equipment manufacturer JCB is looking to expand its presence in the North American market with a new North American...

A paving crew lays down new tarmac on a road in Victoria, British Columbia, Canada, on Thursday, March 24, 2022. The province is working to bring roads and highways back to full capacity after record-breaking amounts of rain last November.

Eastern Funding winds down equipment finance, specialty vehicle ops

byJohnnie Martinez II

July 11, 2024

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Commercial financier Eastern Funding is ending operations of its specialty vehicles and equipment funding group amid a company strategic refocus. ...

Listen: How Anderson Equipment is managing and protecting data

byJohnnie Martinez II

July 10, 2024

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Equipment Finance News is pleased to introduce our new podcast, “Equipment Connect,” where our editors connect with leading equipment finance...

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