Johnnie Martinez II, Author at Equipment Finance News

Digital channels key to securing equipment, work truck sales leads

Retail sales for Class 4 to Class 8 trucks decreased in March as demand fell due to macroeconomic uncertainty created...

Volvo CE using partnerships to meet customer needs

byJohnnie Martinez II

April 10, 2025

Volvo Construction Equipment has added Unicontrol’s software and app to Volvo’s Co-Pilot in-cab technology suite to enhance its 3D machine...

2 state commercial finance disclosure laws take effect

Former NEFA President Hornby leads new equipment leasing and finance group

byJohnnie Martinez II

April 8, 2025

Chiesa Shahinian & Giantomasi PC’s new equipment leasing and finance group has been launched to serve the growing equipment finance...

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

RB Global, United Rentals call antitrust claims ‘meritless’

byJohnnie Martinez II

April 7, 2025

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

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

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

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

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

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