Johnnie Martinez II, Author at Equipment Finance News

Attendees view AGCO Corp. Massey Ferguson tractors at the National Farm Machinery Show in Louisville, Kentucky, U.S., on Friday, Feb. 18, 2022. The National Farm Machinery Show has 900 exhibitor booths, making it the countrys largest indoor farm show.

Agriculture equipment and technology manufacturer AGCO is looking to expand its portfolio with new non-traditional pricing models. Duluth, Ga.-based AGCO...

A Toro Co. lawnmower containing a Briggs & Stratton Corp. motor is displayed for sale at The Mower Shop in Louisville, Kentucky, U.S., on Tuesday, July 21, 2020. Briggs & Stratton can initially borrow as much as $178 million under its proposed bankruptcy loan, but a judge denied a request to seal the letter outlining JPMorgan Chase & Co.'s fees for arranging the financing.

Toro Co.’s Red Iron originations rise in Q1

byJohnnie Martinez II

March 6, 2025

Outdoor power equipment manufacturer The Toro Co.’s financing joint venture increased originations in the first quarter despite a decline in...

Custom Truck One Source full year revenue drops 3.4%

byJohnnie Martinez II

March 5, 2025

Custom Truck One Source experienced a decline in total revenue during the full-year 2024 following a fourth quarter decline in...

Tractor trailers 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.

Commercial trucks, trailers on market down 11% MoM in February

byJohnnie Martinez II

March 4, 2025

The number of commercial trucks available for sale dropped in February as prices for new and used trucks also declined. ...

A worker welds a stainless steel part at a steel manufacturing facility in Mexico City, Mexico, on Thursday, Feb. 6, 2025. Uncertainty is taking hold among North American businesses that rely on imports, forcing companies to reassess supply chains and operations.

Proposed March 4 tariffs loom over equipment industry

byJohnnie Martinez II

March 3, 2025

Looming tariff concerns continue to pressure the U.S. equipment industry, with another round of tariffs set to begin on March...

Construction site of Foxconn Technology Group's new factory in the Quang Chau Industrial Park, in Viet Yen District, Bac Giang Province, Vietnam, on Thursday, July 13, 2023. Vietnam has seen a fourfold increase in companies assembling Apple products over the past decade.

Podcast: Demand growing for flexible financing in construction

byJohnnie Martinez II

February 28, 2025

Demand for flexible financing solutions is forecast to increase in the construction industry through 2025. A growing shift is expected...

A Volvo FH electric truck, at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22.

Volvo truck dealers carry M&A activity in February

byJohnnie Martinez II

February 27, 2025

Several truck dealer transactions bolstered a strong month of mergers and acquisitions activity. Bruckner’s expands dealer network in Northwest Bruckner’s...

An employee drives a narrow aisle truck, manfactured by Hyster Co., in the tunnel system at the Cigeo project, a nuclear laboratory and underground storage facility site operated by National Agency for Radioactive Waste Management (Andra), in Bure, France, on Monday, March 25, 2019. France, which produces more nuclear waste per-capita than any other country, is the world's second-biggest producer of nuclear energy, just behind the U.S. and just ahead of China.

Hyster-Yale revenue increases on strong Americas performance

byJohnnie Martinez II

February 26, 2025

Revenue for material handling manufacturer Hyster-Yale rose for the full year 2024 as dealer and direct sales in the Americas...

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